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$1 Invested: $8.50 Returned

  • May 31
  • 1 min read

A technology partner suggests ways to reach your business goals faster.  It requires us to deeply understand your business, especially your strategic objectives and plan.  It also needs you to "let us in" and all that is built on trust.

 

Our Innovation Team has worked with a 100-staff organisation over the past couple of years.  It started with a small pilot project of about $10k to demonstrate the power of automation and the capability of our team.  The tech worked well, but expectations weren't 100% clear, so everyone tightened up as a second project was approved.

 

After about a dozen automation projects using a range of tools, including AI, relationships have developed throughout both organisations, and we have a good grasp of their strategy, pain points and individuals' KPIs.  Trust has grown, accelerated with the latest return-on-investment figures.

 

In the past year, they spent $150k for a $1M return.  In other words, for every dollar invested in our Innovation Team, they received $8.50 in measurable value.  That tech will run for at least five years, so the cumulative return will be over $5.5M.

 

The key learnings?  Partnership allows us to deliver greater value, even though it's a bit slow at the start.  Automation can work on small and large scales.  Always measure return on investment

 
 
 

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