Orbus Software, a global software vendor and provider of cloud solutions for digital transformation, has recently shared the results of a commissioned Total Economic Impact (TEI) study that examined the potential return on investment (ROI) enterprises may realise by deploying iServer365.
Interviewee experiences for the study were aggregated and the results were combined into a single composite organisation, showing an ROI of 394 per cent. The study, conducted by Forrester Consulting and commissioned by Orbus Software, found that organisations using iServer365 reduced the time of resiliency analysis work needed to meet regulatory requirements by 50 per cent, while also seeing a 95 per cent reduction in strategic decision analysis.
The potential total ROI calculated in the study was 394 per cent, with a net present value (NPV) of $2.07M and payback in 10 months.
The study found that iServer365 provides better visibility, while reducing the preparation and maintenance time needed to manage and streamline the portfolio, with 20 per cent of applications sunsetted. Interviewed organisations were also able to reduce the onboarding times of new starters by 70 per cent and save 80 per cent of the time in creating architecture assets.
“Our customers choose iServer365 to make key strategic decisions and more controlled investments when architecting their digital future;” said Oliver Hecquer, CCO at Orbus Software. “The message is clear, with Orbus Software you can save 20 per cent of your IT costs. As we enter a looming recession, customers need reliable software that can create value and cost-savings at every stage of the digital transformation journey.”
The impact of iServer365
Prior to using iServer365, the interviewees noted how their organisations were doing a lot of manual work using disparate tools. This approach led to a lot of duplication of effort, poor data quality and a lack of timely insights. One customer commented on the benefits of Orbus’ solution once implemented: “We had clear benefit realised in the discovery phase of a merger in doing impact analysis and finding opportunities to shut down systems faster.”
There were additional unquantified benefits that were identified by the study including enabling IT and business to have more meaningful conversations and increased overall employee experience. With iServer365, organisations were also equipped with the necessary insights to ensure compliance to changing governmental regulations for resiliency and sustainability, avoiding penalty fees.
Image and article originally from thefintechtimes.com. Read the original article here.