Skip to main content

Posts

Showing posts with the label Return on Investment

Calculating ROI on IT Service Management

One of the questions I am often asked is, "How do we calculate the Return on Investment (ROI) of our ITIL Implementation". This week, a new case study was introduced covering: ROI Calculator Case Study Synopsis Traditionally, ROI and TCO are touted by software companies as a means to sell software. Many of us have become hardened to these calculations, as experience has show they were grossly over-inflated. To help combat this, in 2006, ITSM Academy shared a realistic, un-biased ROI calculator which enables users to estimate potential costs savings of: Incident Management Availability Management Unplanned Work Existing calculations can be easily tailored to produce similar process area calculations. Case Study Synopsis The case study also includes a collection of 25 published ROI statements and stories, broken out by industry type. The following is one of the quotes: "An ITIL program at Capital One resulted in a 30% reduction in system crashes and software-distribution