X
Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
Get free sample report

Compare Software Solutions
Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 roi calculation example

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Documents related to » roi calculation example

Who the Heck Needs ROI?


Ten common errors prevent return on investment (ROI) calculations from being used as much or as well as possible. Avoiding intuitive decision making and basing ROI on quantifiable factors is essential to the success of major decisions, including software selection.

roi calculation example  is so obvious that ROI calculation is unnecessary. The fact is, to borrow Samuel Goldwyn''s famous depiction of verbal contracts, many ROI analyses (as commonly performed) are not worth the paper they''re written on. The issues usually raised with ROI often reflect inappropriate understanding or usage, which of course are real issues but are not inherent to ROI. In our experience, the ROI issues most people express are like the iceberg''s tip. The far larger source of ROI difficulties is like the 90 Read More

E-learning Benefits and ROI Comparison of E-learning versus Traditional Training


You’re considering a move from traditional training to e-learning, but you’re not sure if the returns will be significant. In fact, employees are better able to retain and transfer what they’ve learned with Web-based training (WBT) and computer-based training (CBT). And typically, with these methods, the time a worker spends being trained is reduced by about 40 percent. Learn more about how e-learning can benefit you.

roi calculation example  | roi formula | roi learning | e learning assessment | e learning estimation | e learning calculation | traditional learning | training design | training development | training management software | training management system | training manual | training outsourcing | training software | virtual learning | virtual learning academy | virtual learning environment | web based training | web based training software | what is e learning | accelerated learning and comparison | adult e learning and comparison | Read More

ROI: Are You Ready to Walk The Walk?


ROI marketing is just starting to become mainstream. ROI selling is already out there, further advanced in adoption because of its perceived relevance to the selling process. It won't be long before several B2B software companies position their products as providing a superior ROI. Read on to find out if it's the right position to claim.

roi calculation example  Proof is in the ROI . We heard from a number of executives at business to business (B2B) software companies with spirited comments and questions about using return on investment (ROI) in selling and marketing. At the end of this column, you''ll find answers to some of the questions from readers. One question that wasn''t asked was Is saving time and money a good position to claim? Surprised? Think about it. ROI marketing is just starting to become mainstream. ROI selling is already out there, further Read More

ROI for RFID: A Case Study Part Two: Implementation and Results


If companies are to find value in radio frequency identification (RFID), they need to view this technology as more than eliminating the scanning gun from the barcode equation. Companies considering implementing RFID must think beyond the confines of the four walls of the plant and factory in order to take full advantage the benefits that this type of technology has to offer. However, as is with any emerging technology, the bottom line is to only implement RFID when the ROI justifies it.

roi calculation example  implement RFID when the ROI justifies it. To view a short video on RFID and some of the other Microsoft components, which are mentioned in this article that in action at KiMs, click on the icon: (High-Speed Connection Strongly Recommended) This is Part Two of a two part note. Part One was an introduction to the company and RFID. Part Two describes the implementation and results. About the Author Joseph J. Strub has extensive experience as a manager and senior consultant in planning and executing ERP Read More

Whose ROI is it Anyway? Part One: Introduction


With growing frequency, we hear business and IT managers asking a technology vendor to "justify the expenditure" or "demonstrate the ROI" on their particular hardware, software or service offering. In some cases, this may be possible.

roi calculation example  ROI is it Anyway? Part One: Introduction Introduction After a few years of incredible hype and some very wishful thinking, enterprise software has finally returned to reality. Plans and promises that assumed the repeal of business fundamentals have disappeared along with the sky-high stock prices for some software vendors. But, we''ve been here before. In the early 1990s, we thought manufacturing automation would revolutionize business for all time. And in some ways it did. But it did not eliminate Read More

Understanding the ROI of Marketing Automation


Over the past decade, marketing professionals have seen their field change substantially thanks to advances in technology and the ever-increasing use of social media. Keeping up with marketing tasks in this new environment of constant connection can be extremely difficult. Marketing automation has emerged as a solution for company leaders who want to focus on generating leads without sacrificing other types of marketing campaigns. For many sales professionals, automation systems provide the best way possible to pare down leads and focus on the prospects most likely to buy. But before you can decide if a marketing automation system is right for your company, you need to know more about automation and its return on investment (ROI).

roi calculation example  the ROI of Marketing Automation Over the past decade, marketing professionals have seen their field change substantially thanks to advances in technology and the ever-increasing use of social media. Keeping up with marketing tasks in this new environment of constant connection can be extremely difficult. Marketing automation has emerged as a solution for company leaders who want to focus on generating leads without sacrificing other types of marketing campaigns. For many sales professionals, Read More

Why Invest in Talent Management? Five High-ROI Business Drivers for Implementing a Talent Management Program


Clearly, with skilled workers retiring and the pace of change accelerating, recruitment alone can’t supply the smart leaders, strong managers, high performers, and ever-changing skills sets necessary for success. That’s why organizations can see solid return on investment (ROI) by balancing recruitment with an investment not just in training, but in comprehensive talent management. Download this white paper to read more.

roi calculation example  in Talent Management? Five High-ROI Business Drivers for Implementing a Talent Management Program Clearly, with skilled workers retiring and the pace of change accelerating, recruitment alone can’t supply the smart leaders, strong managers, high performers, and ever-changing skills sets necessary for success. That’s why organizations can see solid return on investment (ROI) by balancing recruitment with an investment not just in training, but in comprehensive talent management. Download this white Read More

Enterprise Scheduling ROI


Workload automation using an enterprise scheduling system can simplify the tasks of job scheduling and monitoring processes across multiple servers. This white paper looks at the things to consider while calculating your return on investment (ROI) when deciding to invest in an enterprise scheduler, such as the cost of the implementation process, time spent on manual processes that could be computerized or automated, frequency of errors due to a lack of scheduling, and consolidation of staff as well as schedules.

roi calculation example  Scheduling ROI Workload automation using an enterprise scheduling system can simplify the tasks of job scheduling and monitoring processes across multiple servers. This white paper looks at the things to consider while calculating your return on investment (ROI) when deciding to invest in an enterprise scheduler, such as the cost of the implementation process, time spent on manual processes that could be computerized or automated, frequency of errors due to a lack of scheduling, and Read More

ROI Case Study: IBM Business Analytics, Accelrys


IBM Cognos Express Xcelerator helped this software and services company earn a 586 percent ROI in just three months by providing deeper insights about products, services and costs.

roi calculation example  earn a 586 percent ROI in just three months by providing deeper insights about products, services and costs. Read More

How Offshore Drilling Companies Realize ROI on an EAM Software Investment


Rig owners and operators today have an increased focus on asset integrity management (AIM) and risk management, and are reassessing their investments in enterprise asset management (EAM) software to ensure they have applications in place that are properly implemented and functional, ensure compliance with regulations, and adopt AIM best practices. This white paper discusses the EAM software features that can play a role in software project ROI for drilling contractors as well as specific, discrete steps to take during implementation.

roi calculation example  Offshore Drilling Companies Realize ROI on an EAM Software Investment Rig owners and operators today have an increased focus on asset integrity management (AIM) and risk management, and are reassessing their investments in enterprise asset management (EAM) software to ensure they have applications in place that are properly implemented and functional, ensure compliance with regulations, and adopt AIM best practices. This white paper discusses the EAM software features that can play a role in software Read More

Cloud Delivers 1.7 Times More ROI


Companies continue to invest in cloud applications because of low upfront cost and faster time to deployment, but those are not the only reasons to move to the cloud. Beyond their initial payback, Nucleus Research found that cloud applications deliver 1.7 times more return on investment (ROI) than on-premise ones, largely because four out of five cloud deployments deliver increasing benefits over time. Download research note.

roi calculation example  Delivers 1.7 Times More ROI Companies continue to invest in cloud applications because of low upfront cost and faster time to deployment, but those are not the only reasons to move to the cloud. Beyond their initial payback, Nucleus Research found that cloud applications deliver 1.7 times more return on investment (ROI) than on-premise ones, largely because four out of five cloud deployments deliver increasing benefits over time. Download research note. Read More

The Three Rs of RFID: Rewards, Risk, and ROI


Prominent organizations and retailers, such as Walmart and the US Department of Defense are taking advantage of radio frequency identification, which promises real time tracking of products from the manufacturing floor to the checkout terminal. Despite the typical risks associated with adopting any early-stage technology, the competitive advantage and bottom-line business benefits of RFID are significant to both retailers and suppliers. It can significantly decrease warehouse, distribution, and inventory costs; increase margins; and enhance customer service.

roi calculation example  RFID: Rewards, Risk, and ROI Introduction The promise of radio frequency identification (RFID) is every supply chain manager''s dream—real time tracking of every single product, from manufacture to checkout. Compared to universal product code (UPC) bar coding, which RFID promises to replace, RFID proactively transmits information, eliminating the manual point-and-read operations needed with bar coding. This enhanced visibility could significantly decrease warehouse, distribution, and inventory costs; Read More

The Miracle in Detroit: Putting the ROI into ITIL


IT managers understand the difficulty of demonstrating returns on investment for technology projects. The issue is particularly acute for large multiphase deployments, such as IT infrastructure library (ITIL) implementations: massive projects which are hard to sell to management, and which promise returns many years in the future—after significant investment. So how do you get management to buy into your vision?

roi calculation example  in Detroit: Putting the ROI into ITIL IT managers understand the difficulty of demonstrating returns on investment for technology projects. The issue is particularly acute for large multiphase deployments, such as IT infrastructure library (ITIL) implementations: massive projects which are hard to sell to management, and which promise returns many years in the future—after significant investment. So how do you get management to buy into your vision? Read More

The ROI of Talent Management


Over the past decade, talent management initiatives have become one of the top priorities within global organizations. While the business value of talent management investments is often recognized discretely through increased efficiency, organizations have frequently found it challenging to quantify the actual business impact or return on investment of their talent management initiatives.

roi calculation example  ROI of Talent Management Over the past decade, talent management initiatives have become one of the top priorities within global organizations. While the business value of talent management investments is often recognized discretely through increased efficiency, organizations have frequently found it challenging to quantify the actual business impact or return on investment of their talent management initiatives. Read More

The Case for Spreadsheet Automation: A High ROI Alternative to Traditional Budgeting, Forecasting, and Management Reporting


How can a budget administrator, burdened with the task of gathering data from hundreds of spreadsheets from all over the organization, manage this monumental undertaking? Additionally, how to avoid using a costly packaged budget application that doesn’t take the organization’s business rules into consideration? The solution: a spreadsheet automation tool that easily adapts to the organization’s unique corporate processes.

roi calculation example  Spreadsheet Automation: A High ROI Alternative to Traditional Budgeting, Forecasting, and Management Reporting How can a budget administrator, burdened with the task of gathering data from hundreds of spreadsheets from all over the organization, manage this monumental undertaking? Additionally, how to avoid using a costly packaged budget application that doesn’t take the organization’s business rules into consideration? The solution: a spreadsheet automation tool that easily adapts to the Read More