Method for optimizing the allocation of resources based on market and technology considerations

A method for optimizing resources in a software system comprising the steps of:

• a} providing analyzing tools and grading their respective attractiveness with respect to a first set of predetermined weighted parameters and rating options;
• b) assessing and quantifying market factors and competitive entities in accordance with a second set of predetermined weighted parameters and rating options;
• c) generating a portfolio built upon the rating options that combine technology and competitive market considerations resulting in a set of quantified data;
• d) interactively displaying the tool positioning of the analyzed tools on the decision grid associated with estimates of resource and allocation requirements;
• e) deriving a decision based on the attractiveness of the graded tools and the quantification of the competitive market entities built on the generated portfolio;
• and
• f) allocating resources as a function of the derived decision.

9 The method of claim 8 wherein the step of grading further comprising the steps of:

• a) determining the major categories as a function of the attractiveness and competitive market consideration characterizing the value of the tool to be analyzed
• b) within each category, partitioning to the smallest number of separable significant criteria;
• c) adaptively determining the weighting by referring to a data source to determine the influence of each criteria in isolation;
• and
• d) adapting the range of criteria rating to the actual range of the alternatives being considered.

11 A method for optimizing resources comprising the steps of:

• a) providing analyzing tools and grading their respective attractiveness with respect to a first set of predetermined parameters;
• b) assessing and quantifying a set of competitive market entities in accordance with a second set of predetermined parameters;
• c) generating a portfolio array built upon predefined rating options that combine technology and competitive market considerations resulting in a set of quantified data;
• d) deriving a decision based on the attractiveness of the graded tools and the quantified data representing the technology and the competitive market considerations;
• and
• e) allocating resources as a function of the derived decision.

A program storage device readable by a machine, tangibly embodying a program of instructions executable by the machine to perform method steps for optimizing the allocation of resources, the method steps comprising:

• a) providing analyzing tools and grading their respective attractiveness with respect to a first set of predetermined parameters;
• b) assessing and quantifying a set of competitive market entities in accordance with a second set of predetermined parameters;
• c) deriving a decision based on the attractiveness of the graded tools and the quantification of the competitive market entities;
• and
• d) allocating resources as a function of the derived decision.

A computer-based system for optimizing the allocation of resources, comprising:

• a) a template for analyzing tools;
• b) a positioning file for positioning the analyzed tools coupled to a decision grid, the decision grid containing data that measures the attractiveness and the competitiveness of the tool;
• c) a solver coupled to a method engine and operable to receive priorities of sub-partitions and ratings, and for positioning the tools in a decision grid;
• and
• d) a dynamic link to a predefined data source for determining the value of the sub-partitions resulting in creating an updated tool positioning on the decision grid.