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GITA Announces Joint Research Project: The Return on Investment on Geospatial IT Projects 11.9.04

The Geospatial Information & Technology Association (GITA) announced that it has begun work on a joint research project, "Business Case Development and Return on Investment Methodology for Geographic Information Technology," with the American Water Works Association Research Foundation, Denver, Colo., and GeoConnections Canada, Ottawa, Ont.

The project will capture basic project data from water, wastewater, gas, and electric utilities; government agencies; and pipeline organizations in order to define best practices and provide tools to support geospatial information technology (GIT) business case development. Survey statistics will be included in a handbook for GIT investment analysis. The book, expected to be published in the spring of 2005, will include comprehensive examples and templates for benefit and cost estimation and financial analysis as well as results of an extensive literature search.

User organizations that complete the brief and easy-to-use Web-based survey will receive a complimentary copy of the survey results.

Source: GITA, Nov. 3, 2004

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