A recent Consulting Total Economic Impact™ study published by Forrester, claims that Azure Analytics technologies and Power BI achieve a 270% return on investment for customers and increase customer satisfaction by 60%. These are pretty significant returns, which begs the next question: how do they reach this conclusion?
Azure Analytics & Power BI | Powerful Business Analytics Services
In this study, Forrester interviewed four customers and surveyed 364 others on their use of Azure Analytics with Power BI. Of those surveyed customers, 85% agreed or strongly agreed that well-integrated business analytics databases and storage, a data management stack, and business intelligence tools were beneficial to their organization. Customers also reported a 21.9% average reduction in the overall cost of Microsoft analytics and business intelligence offerings when compared to alternative analytics solutions.
Forresters Findings | Microsoft Azure Analytics with Power BI
Based on the companies interviewed and surveyed, Forrester projects that a Microsoft analytics and business intelligence (BI) solution could provide:
- Benefits of $22.1 million over three years versus costs of $6 million, resulting in a net present value of $16.1 million and a projected return on investment of 271%.
- Reduced total cost of ownership by 25.7%.
- Better overall analytics system performance with improved data security, enhanced decision making, and democratized data access.
Convverge | Business Analytics Services Provider
Taking the first step to talk to someone, like Convverge, to understand how you can begin to take advantage of these technologies is a great place to start. Understanding the benefits they can bring to your team is something our team of business intelligence consultants are well versed in doing. Our comprehensive range of specialties will ensure you are getting the most from Microsoft investment. Let’s connect.