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Press Release: IAG Acquires Digital Mosaic

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THE INFORMATION ARCHITECTURE GROUP (IAG) ACQUIRES DIGITAL MOSAIC

Key Step in Executing IAG's Strategy to Solidify its Position as the Dominant Professional Services Firm Specializing in Requirements Definition and Management - New Company to be known as IAG Consulting.


TORONTO, ON (June. 22, 2007) – The Information Architecture Group, Inc. today announced that it has acquired Digital Mosaic, a leading international business requirements consulting and training firm. Effective immediately, the newly restructured and merged organizations will be known as IAG Consulting. The company now brings an end-to-end capability to transform enterprise, project and analyst performance for companies that wish to significantly reduce development costs through better (and faster) requirements definition and management.

Excellence in business requirements has become critical to CIOs with factors like Sarbanes Oxley compliance, the continued disenchantment gap between business process changes and software solutions, and as industry watchers such as InfoTech Research Group continue to report that “70% of software failures result from requirements failure”. This move creates a new merged organization able to assist customers that wish to transform their organization -- quickly – through outsourcing and training on one hand, while on the other, integrating practical requirements definition and management practices into the application lifecycle.

"This move is an important step in furthering IAG’s goal to provide the industry's most practical and efficient requirements definition process and transform how companies approach the need to define their requirements," said Ross Little, Co-Founder of IAG. "This merger with Digital Mosaic will add considerable critical mass to our growing consulting business as we continue to solidify our position as the dominant professional services organization specializing in business analysis and requirements management.

With Business and IT Executives increasingly focused on the need for clear and accurate requirements, IAG Consulting is now ideally suited to provide the expertise and resources to enable their successful implementation of initiatives ranging from process management, enterprise integration, outsourced development and the ongoing maintenance of their business applications.”

“Companies today want to work with specialists – firms that are one inch wide in focus, and 2 miles deep in expertise.” says Keith Ellis, Digital Mosaic’s President and Co-Founder. “The merged entity has worked with over 300 of the Fortune 500 Companies, has trained in excess of 1,200 analysts annually, and has completed over 1,000 business and software requirements projects. We will specialize in bringing measurable gains in business and software requirements for all stakeholders: reducing time for the business professional to complete requirements (typically in excess of 50%) and reducing changes in requirements and scope by as much as 75%. IAG Consulting provides an elegant set of best practices designed to assure accuracy and completeness, while enabling companies to better accelerate adoption of leading application management lifecycle standards and tools. We are delighted with this move and partnership with IAG that shares the same belief and focus – to not simply ‘do’ requirements –but be absolutely outstanding in this area.”

"This acquisition involving two great requirements companies gives us the opportunity to expand our services and value across North America," said IAG’s Co-Founder Louis Molnar. "The world of requirements capture and documentation is complex, and will get even more so over the next five years. The proliferation of requirements methods and software tools are among the forces creating a greater ability and need to integrate requirements management processes and practices effectively into the IT organization. The merger of Digital Mosaic’s expertise will help IAG to meet this growing demand and allow our major customers to literally outsource everything from facilitating requirements meetings to writing specs, to transforming a company’s performance through training and coaching.”

About Digital Mosaic  As specialists in business requirements analysis, Digital Mosaic has worked with many of North America’s companies like UPS, CitiCapital and Allstate. Digital Mosaic has been extremely successful in helping organizations build requirements for packaged selection/modification; developing software specifications for offshore development, and training business analysts of all skill levels.

About IAG The Information Architecture Group, (Now IAG Consulting) is the leading international requirements management consultancy. IAG is well known for its Requirements Discovery Process™ and the Best Requirements Practices™ employed on their consulting engagements. IAG’s core competency is Requirements Definition and they are best known for their service of facilitating short one-week Requirements Discovery Sessions and producing clear and accurate Business and Software Specifications. IAG will continue to operate in the United States out of its offices located in New Castle Delaware and in Canada out of its offices located in Oakville, Ontario

 
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