Putting a Price on Reliability: The Path Forward

Dear subscribers, as I come to the end of my series???, I found it fitting to throw a HIGH Impact finding??, in the realm of Automation and implementation. I propose to do this with a tool built exclusively for my subscribers, who I would like to thank first and foremost at this venture, for their unwavering support and trust.

As we navigate to 2024, the biggest goal lying ahead for Leadership at all industry segments is to contain cost??, make cautious investments and at the same time attempt to navigate broadly the digital footprint??. If there is a way to really uncover hidden costs, then that will be the key??? enabler for this transition at this new year. Let us uncover this in this concluding edition of our newsletter.

The Silent Drain: Dollars Lost in Automation Failures

1. Frequent Failures, Frequent Losses

UI-based automation solutions, despite their promises??, often come with a hidden cost – frequent failures?. These failures translate directly into operational losses as employees are forced to step in, manually correcting errors and mitigating the impact on business processes.

2. Order Value at Stake

Consider this: Every time an automation fails, there's a potential loss of order value. Unprocessed orders, delays? in order fulfillment, and errors in processing can lead to dissatisfied customers??, impacting not just immediate sales but the long-term customer relationship and potential future revenue.

3. Constant Spend to Keep Afloat

UI-based automation often demands a significant investment?? in infrastructure to maintain a semblance of reliability. The continuous spending on servers, maintenance personnel, and other infrastructure components adds up, often surpassing↗? the initial cost of implementation.

4. Unseen Overheads

Infrastructure costs are like an iceberg?? – what's visible is only a fraction of the whole. The unseen overheads, including the time and effort spent by IT teams to troubleshoot and maintain these systems, contribute significantly to the financial burden??.

As an enterprise, it's crucial to calculate the true cost of UI-based automation failures. Factor in the losses from unprocessed orders, customer dissatisfaction, and the continuous expenditure on infrastructure maintenance

Hit the following calculator?? to uncover a detailed report on the true hidden cost which you can uncover and which can make a huge difference!

https://www.beezlabs.com/business-value-loss-calculator

Let us know in the comments your thoughts on the Business Value Loss Calculator.