What's the financial impact of using a comprehensive AI solution? If you've wondered about this, read this Forrester analyst report in which six decision makers at five customer organizations were interviewed regarding their experience with Microsoft Azure AI and how it benefited the bottom line.
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What are the key benefits of using Microsoft Azure AI?
Organizations can experience several benefits from Microsoft Azure AI, including a 150% increase in work output, a 7% reduction in overall operating costs, and an 80% reduction in manual work through automation. Over three years, these improvements can lead to more than $12.5 million in profit and significant enhancements in operational efficiency and customer experience.
How does Azure AI impact business growth?
Azure AI supports business growth by automating and scaling processes, which enhances customer acquisition and retention. It enables organizations to develop and launch new products more efficiently, ultimately generating additional revenue streams. The composite organization in the study reported that Azure AI contributed to a profit of over $12.5 million within three years.
What are the costs associated with implementing Azure AI?
Organizations can expect various costs when implementing Azure AI, including consumption and service costs, which total around $1.6 million, and implementation and training costs, which can reach approximately $1.7 million. Overall, the composite organization in the study incurred costs of about $8.2 million over three years, while realizing benefits valued at $31.5 million.
The Total Economic Impact of Microsoft Azure AI
published by First Technology Group
