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1) Too expensive and hard to justify the ROI of BI. In addition to increasing the price of deployment, setting up these datawarehouses and processors also impacted expensive IT labor resources. They also need these tools to generate a true ROI. The right business intelligence tool is a much easier ROI to sell.
The silo approach to data is never a good idea if you want to improve total cost of ownership (TCO), return on investment (ROI) and user adoption! They can use the data within those familiar solutions to gather and analyze data without manually exporting data or dealing with time-consuming delays and overburdened IT teams.
Return on Investment Now we bring it all together to calculate the ROI on embedded analytics. Costs: The investment in developing and maintaining the solution. “-1”: The formula assures that a positive ROI is achieved only when benefits exceed the costs. The formula looks like this: ($750k / $250k) = 3, so the ROI is 200 percent.
To celebrate our partnership’s 100th customer, we sat down with Michael Heinsdorf, director of product alliances and corporate development at Deltek to discuss the partnership between Deltek and insightsoftware (ISW), and how the collaboration has helped clients increase efficiency, boost ROI, and reduce time spent generating financial reports.
Analytics is vital now because providing end-users with the ability to analyze, slice, and dicedata within the context of their application is essential to staying competitive in today’s fast-paced digital world. That is the type of ROI that Logi Symphony delivers with its embedded analytics functionality.
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