White Paper and Interactive ROI Calculation Worksheet
Calculating the Return on Investment (ROI) of your data efforts is critical to activating your data; if you can't show that data efforts are valuable, there will be resistance across the organization to implementation, causing you to miss out on opportunities and lag behind the competition.
ROI isn't a simple calculation, but rather one that requires an in-depth understanding of your business needs and pain points. This toolkit provides expert insight on best practices for determining the business value of your data efforts, and a customizable calculator so you can start determining ROI today.
This toolkit includes both a white paper on ROI best practices and the concrete equations you can use to start customizing your own ROIs, featuring:
Estimating the ROI of your business isn't as simple as plugging numbers into an equation. While this toolkit offers resources to help guide your understanding of the business value of data, it is only the beginning of the work necessary to accurately evaluate your data initiatives. Collaboration and organization-wide buy-in are critical to activating the value of your data.