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The Total Economic Impact Of Microsoft Power Platform
This analyst report from Forrester details the total economic impact of Microsoft Power Platform, showing how businesses save money and boost agility while meeting compliance standards. Download it now to explore the full findings and reach out to TechMeg for help applying these insights in your organization.
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Microsoft Power Platform is a suite of business tools designed to help organizations streamline processes and improve efficiency. It includes five main tools: Power Apps for low-code application development, Power Automate for workflow automation, Power Pages for building secure websites, Power BI for data analysis and visualization, and Microsoft Copilot Studio for deploying virtual agents for customer support.
What are the benefits of using Power Platform?
Organizations using Microsoft Power Platform can experience significant benefits, including an average time savings of up to 25% per impacted employee, leading to an estimated $44.4 million in employee time savings over three years. Additionally, improved operational visibility can result in $14.8 million in cost savings, and better time to market can drive an additional $15.4 million in operating profit.
What are the costs associated with Power Platform?
The primary costs associated with implementing Microsoft Power Platform include licensing costs, which amount to approximately $24.1 million over three years, and initial implementation and training costs of around $6.1 million. Ongoing management costs for a dedicated team also contribute to the overall investment, totaling about $4.6 million.
The Total Economic Impact Of Microsoft Power Platform
published by TechMeg
TechMeg is a boutique information technology services company located just outside of New York City in Bergen County, NJ. We provide a holistic approach to technology services, enabling organizations to focus on growing their business without the worries of being compliant, having the proper security policies and procedures in place, supporting a network infrastructure, desktop management and backup.
Our team has over 20 years of professional experience in customized application development, desktop and network support.
Being compliant and focused on security in today’s ever changing cyber landscape is extremely vital. We will perform a thorough assessment to find lapse security protocols and procedures, ensure system patches are up to date, provide user training, have a detailed disaster recovery plan, and more.
We believe that a project’s success, more often than not, is determined at its genesis. You can expect a level of professionalism, understanding and thought provoking questions from us to truly and fully understand your business requirements and needs.