Business Economic Value (BEV) represents the financial and operational benefits an organization achieves from adopting a specific solution or technology.
The Futurum BEV study quantifies these components to deliver a clear, data-driven understanding of ROI and the overall business impact.
Key Components:
- Cost Savings: Reduced expenses across IT, operations, and other business areas
- Productivity Gains: Increased efficiency and time savings for staff and processes
- Revenue Growth: New income generated from improved capabilities, customer satisfaction, and faster time-to-market
- Risk Mitigation: Financial impact of reduced downtime, improved compliance, and minimized errors