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The Total Economic Impact of Microsoft 365 For Business
Organizations struggling with high IT overhead, fragmented tools, and collaboration inefficiencies need clear insight into the financial impact of modernizing their environment. This analyst report provides a detailed analysis of cost savings and efficiency gains enabled by Microsoft 365 for Business. Download the report to understand how these outcomes are achieved and contact Herrington Technology for a complimentary Microsoft 365 ROI assessment that applies these insights to your unique environment.
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Microsoft 365 for Business is a cloud-based suite of productivity tools offered by Microsoft, designed specifically for small and medium-sized businesses (SMBs). It integrates various applications such as Word, Excel, PowerPoint, along with cloud storage solutions like OneDrive and SharePoint, email services through Outlook, and collaboration tools like Teams. This comprehensive suite aims to enhance collaboration, improve security, and boost overall productivity, providing a reliable and scalable solution for communication and productivity needs.
What are the financial benefits of adopting Microsoft 365 for Business?
Businesses that adopt Microsoft 365 for Business can realize significant financial benefits. For instance, a composite organization studied reported savings exceeding $519,000 over three years due to improved collaboration and process automation. Additionally, IT specialists saved around 686 hours annually, translating to approximately $97,000 in productivity gains. Overall, the study found that the composite organization experienced benefits totaling $913,000 against costs of $282,000, resulting in a net present value (NPV) of $631,000 and a return on investment (ROI) of 223%.
What challenges does Microsoft 365 for Business address?
Microsoft 365 for Business addresses several common challenges faced by organizations, particularly those relying on outdated legacy systems. These include difficulties in managing email servers, frequent outages, and inefficiencies in collaboration. By transitioning to Microsoft 365, businesses can streamline their IT management, enhance security, and improve collaboration among users. The integrated tools reduce the time spent on troubleshooting and maintenance, allowing organizations to focus on their core operations.
The Total Economic Impact of Microsoft 365 For Business
published by Herrington Technology
Herrington Technology is a New York based niche advanced technology and future-gen supercomputing firm providing leading specialized enterprise, and small to mid-market, cross-industry advanced technology products and solutions including new brand label innovations.
Leading Solutions & Services: SAP ERP, Hybrid Cloud Backup, Data Protection (device/server/endpoint) Global Telecom Services, FIN Tech and Healthcare solutions (big data/ai/ml/in memory, analytics), Security/Cybersecurity, data center.
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