In order to make an educated decision when making any investment, you need to try to determine how much you could make on that investment. It’s also important to know how much you’ve made on the ...
The concept of Return on Investment (ROI) is pivotal in the realm of business finance. It serves as a metric to evaluate the efficiency of an investment or compare the efficiency of several different ...
So, keep it simple. Focus on real dollars. There are three things you need to calculate a simple ROI: 1 – How much you spend now. 2 – How much will you spend after this project is complete. 3 – How ...
IT business analytics helps IT leaders make business decisions that impact cost, revenue, innovation and risk by analyzing business data. An IT business analytics solution generates insights to make ...
According to The Standish Group International Inc. in West Yarmouth, Mass., schedule delays on IT projects still occur 63% of the time, while 45% of companies face cost overruns. Overall, 23% of all ...
Promotions are a necessary expense of running your business and increasing brand awareness and sales. Small businesses should calculate the return on investment, or ROI, of sales promotions in order ...
Making IT investments with no financial return in sight went out of style with the dot-com collapse, according to members of a panel at Computerworld’s Premier 100 IT Leaders Conference. Now, they ...
Companies are investing heavily in digital overhauls, and it's critical that tech chiefs are able to properly calculate the return on investment to ensure funding continues. The outcomes, however, can ...
Google Trends data demonstrates that web searches on the question “How much does a robot cost?” have doubled since 2009. From heavy-duty six-axis arms to SME-friendly collaborative models, robot ...
Technology is constantly changing the world and how we live in it. It’s become a critical part for every organization; most wouldn’t be able to operate without it. Some recent technology innovations ...