A recent commissioned Total Economic Impact (TEI) study conducted by Forrester Consulting on behalf of Oracle found that Oracle Business Intelligence (BI) Applications can deliver significant ROI by providing complete, real-time, and enterprise wide insight for all users, enabling fact-based actions and intelligent interaction.
The study found that companies experienced the following benefits:
More details.
The study found that companies experienced the following benefits:
- Significant ROI2 – experienced a three-year risk adjusted return on investment of 97 percent with a 20-month payback period;
- Lower procurement spend3 – realized five percent lower procurement costs in the first year and increased to seven percent in the second year;
- Accounts payable savings4 – achieved savings of more than $1 million per year by the third year;
- Lower inventory working capital5 – experienced 15 percent reduction in inventory for the affected product categories over three years;
- Increased gross sales and prices – increased gross sales by 0.4 percent in affected parts of the organization6 and increased average sales price by 0.3 percent7 over three years;
- IT and business labor savings – achieved efficiencies in both the IT and business sides of the organization;
More details.
Comments