💰 How do you quantify the value of your tech investment? In the technology world, it's crucial to measure the ROI of your tech investments. But how do you do this when the benefits can be intangible? ✔ Defining clear objectives: Align your tech goals with your business strategy. ✔ Tracking key metrics: Define and measure relevant KPIs for success. ✔ Conducting cost-benefit analysis: Evaluate the financial impact of your tech investments. ✔ Leveraging qualitative feedback: Understand the impact on customer satisfaction and employee productivity. Let's share insights and best practices together! ⬇ #techinvestment #ROI #digitaltransformation #businessstrategy
Olena Kaplan
3mo
KnubiSoft I agree that defining clear objectives is crucial. But how do you measure the success of a tech investment when the objectives are long-term and intangible?
Account Executive
3moKnubiSoft I've struggled with conducting cost-benefit analysis for cloud migration projects. How do you estimate the potential savings from reduced IT infrastructure costs and increased scalability?