Computer Economics Announces Sale and New Management Team

April, 2005

April 14, 2005

(IRVINE, CA)  Computer Economics, Inc., an information technology research firm founded in 1978, has sold all assets related to its IT management advisory business, effective April 1, 2005.  The principals of the buying entity, Frank Scavo and Dan Husiak, are co-founders of Strativa, Inc., a management consulting firm headquartered in Irvine, California.  They will operate the IT management advisory business under the existing name, Computer Economics, Inc., as a new California corporation.

The principals will continue Computer Economics’ focus on IT spending benchmarks, management trends, information security, IT infrastructure, and salary surveys, while deepening the analysis of the costs and benefits of software applications.

Peter Daley, the previous President of Computer Economics, will continue to provide computer hardware valuation data to Computer Economics under a separate license agreement.

“The research focus of Computer Economics is really needed in today’s business climate,” said Frank Scavo, who has been writing for Computer Economics as a contributing research analyst for over two years. “After the boom years of information technology spending in the late nineties, companies are taking a harder look at the costs and benefits of their IT spending.  Computer Economics provides the data and analysis to help executives get more from their technology investments.”

Dan Husiak said, “We believe that Computer Economics is the perfect complement to Strativa’s consulting services.  Computer Economics has the data and the knowledge that comes from its original research, and Strativa has the experience in applying that knowledge to help clients make the right decisions.”

In conjunction with the sale, Computer Economics has moved its offices from Aliso Viejo to Irvine, where it now occupies shared facilities with Strativa at 2082 Business Center Drive, Suite 240.

About Computer Economics
Founded in 1979, Computer Economics conducts original research and provides analysis and advisory services regarding the strategic and financial management of information technology.  The firm’s clients include major consulting firms and users of information technology in North America and around the world. Its monthly journal, the Computer Economics Report, first published in 1979, provides decision makers throughout the world with timely insights into the management of information systems. Its Information Systems Spending and Technology Trends report, which has been published annually since 1990, is the definitive source of IT spending benchmarks and related metrics across multiple industries and government sectors. Computer Economics research and special reports are available on a subscription basis or for one-time purchase at its website at https://avasant.com/research/computereconomics.

About Strativa
Strativa is a management consulting firm providing business leaders with independent advice for business and technology decisions. Strativa’s clients range from large organizations in financial services, aerospace, manufacturing, distribution, commercial real estate, and entertainment to smaller firms in targeted industries such as biotech, medical device, and high tech electronics. Strativa consultants advise senior executives in making decisions involving business and IT strategy, customer segmentation, organizational structure, and business process design, and they provide practical assistance in carrying out those decisions in areas such as operational improvement, software vendor selection, and implementation project management. For more information, visit Strativa’s website at www.strativa.com.