Earlier this year, we published two very popular blog posts exploring the overall benefits of Microsoft Teams: 5 Reasons You Will Want Microsoft Teams and 5 MORE Reasons You Will Want Microsoft Teams. But how does the adoption of Microsoft Teams translate into financial savings for you and your organization? Read on, as there is an actual answer to this question.
Total Economic Impact of Microsoft Teams
In April 2019, Microsoft commissioned Forrester Consulting to conduct a Total Economic Impact™ study of Microsoft Teams. This study was designed to answer the question above and to quantify the benefits of Microsoft Teams for organizations and employees. The study revealed that “by empowering employees with Microsoft Teams, businesses can reduce the costs of collaboration, accelerate decision making, and improve the customer and employee experience”. And this, in turn, translates into significant financial savings.
- $6.9 million in total time savings by reducing the total number of meetings and their duration
- $14.3 million in total productivity gains by saving information workers 4 hours a week due to improved collaboration and information sharing
- $4.8 million in total savings by saving information workers 1 hour a week by not having to switch between applications
- $258,000 in additional time savings by having resources available in Microsoft Teams in one cloud-based location, reducing downtime by 14.6% over on-premise solutions
Learn more about the financial benefits Microsoft Teams can have for your organization. Download the free Forrester Total Economic Impact™ study of Microsoft Teams today.
Ready to Get Started with Microsoft Teams?
If you are ready to get started with Microsoft Teams, just know that our Imaginet Teams experts are here to help you. With Imaginet’s vast expertise across all Microsoft technologies – including Microsoft Teams, SharePoint, Skype for Business, and more – we can ensure your end-to-end success with every component of Microsoft Teams.
To find out more, schedule your free consultation call with Imaginet today.
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