Abstract: Disclosed is a method and system for dynamically tracing a value realized by an Information Technology (IT) service. The method may comprise generating a correlation matrix representing relationship between a plurality of dimensions associated with an IT service, wherein the correlation matrix is generated in form of a plurality of quadrants, wherein each quadrant represent the relationship between at least two dimensions. The method may further comprise capturing a hierarchy of parameters associated with the dimensions, wherein at least one parameter, in the hierarchy, is contextually related and dependent upon at least one other parameter. Further, the method may comprise computing a relative value realization index (rVRI) using the hierarchy of parameters, wherein the relative value realization index is indicative of value realized, by the IT service, with respect to the dimensions.

Abstract: Disclosed is a method and system for dynamically tracing a value realized by an Information Technology (IT) service. The method may comprise generating a correlation matrix representing relationship between a plurality of dimensions associated with an IT service, wherein the correlation matrix is generated in form of a plurality of quadrants, wherein each quadrant represent the relationship between at least two dimensions. The method may further comprise capturing a hierarchy of parameters associated with the dimensions, wherein at least one parameter, in the hierarchy, is contextually related and dependent upon at least one other parameter. Further, the method may comprise computing a relative value realization index (rVRI) using the hierarchy of parameters, wherein the relative value realization index is indicative of value realized, by the IT service, with respect to the dimensions.

Abstract: System and Method for computing a value realization index for Information Technology (IT) services is disclosed. According to the system and the method, a data receiving module may be configured for receiving input data indicative of monetary value invested by a use on the IT services. Further, computational weights for qualities associated with the IT services may be received from the user. A data normalization module may be configured for normalizing the computational weights. A metric capturing module may be configured for capturing quality metrics for the qualities and the business metrics for the IT services. A metric mapping module may be configured for mapping the quality metrics with the business metrics using the normalized computational weights and domain benchmark values. A derivation module may be configured for deriving a business value. An index computation engine may be configured for computing the value realization index for the IT services.