Cabot Partners concludes: IBM Cognos Analytics pays for itself in about a year (or less)

It’s no secret that analytics can provide great insight and give you the opportunity to transform your organization. But analytics tools aren’t free, and the advantages of new insights and better workflow are hard to measure. How do you quantify the value of working better, faster and smarter?

That’s why Cabot Partners undertook a quantitative assessment of the IBM Cognos Analytics value proposition and tried to answer the critical question: is the investment worth the cost?

The short answer: yes. Their report details the impact of Cognos Analytics on four quantifiable areas of the business:

·       Improved productivity

·       Total costs

·       Risk mitigation

·       Revenue and growth

In each area, Cabot Partners analyzed the effect for three different sizes of business. The results were striking. Even the least efficient configuration—an on-premises deployment in a small enterprise of 40 users—recouped its investment within 13 months. A large organization using Cognos Analytics on Cloud earned payback within 5 months.

Read the report to learn more about how Cabot Partners designed their methodology and why Cognos Analytics can offer a compelling value proposition for your organization.

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