Measure Success and Demonstrate the ROI of Data Projects
Blue Margin
Data expertise that increases profit for mid-market industrials and services companies.
Many companies start data projects with a vague sense of their potential value, but often fail to outline specific, measurable outcomes.
?
Our latest podcast episode shares the practical aspects of evaluating the return on your data investments and how to move beyond the initial "problem-solving" mindset into a focus on the potential gains.
?
Episode Highlights:
?
Cost-Savings Through Automation - One of the most tangible benefits discussed is the labor cost savings through process automation. Beyond time savings, automation allows your team to shift focus from repetitive tasks to higher-value analytical work. We share examples where automation not only reduced errors and costs but also allowed analysts to engage in more strategic activities.
?
Increasing Decision-Making Speed and Accuracy - A less obvious but equally important ROI is the acceleration and refinement of decision-making. Well-designed reports and accessible data can dramatically speed up needed business or process changes. This aspect of ROI might be less tangible in terms of dollars but can significantly impact overall business efficiency.
Listen to the full episode to learn more: How to Measure Success and Demonstrate ROI of Data Projects.
If this topic is particularly relevant to you, we've also put together a guide that walks you through how to calculate the anticipated ROI of data projects. It's in our resource library here: ?Guide to Assess and Calculate the ROI of Data Projects.
Best,
Blue Margin, Inc