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The Total Economic Impact of Microsoft 365 For Business
This analyst report quantifies the total economic impact (TEI) of Microsoft 365 for Business, including productivity improvements, reduced technology costs, and security savings. Download the report for detailed insights, and contact Lakeside Computers to evaluate how Microsoft 365 can support your ROI goals.
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Microsoft 365 for Business is a cloud-based suite of productivity tools offered by Microsoft, designed specifically for small and medium-sized businesses (SMBs). It integrates various applications such as Word, Excel, PowerPoint, and collaboration tools like Teams, along with cloud storage and security features. This comprehensive solution aims to enhance collaboration, improve security, and boost overall productivity, allowing businesses to operate more efficiently and maintain a competitive edge.
What are the financial benefits of adopting Microsoft 365 for Business?
Organizations that adopt Microsoft 365 for Business can expect significant financial benefits. For instance, a composite organization with 150 employees can save over $913,000 in three years through reduced hardware and software costs, improved collaboration, and enhanced IT productivity. The investment typically results in a net present value (NPV) of $631,000 and a return on investment (ROI) of 223%, highlighting the potential for substantial cost savings and efficiency gains.
How does Microsoft 365 for Business improve collaboration?
Microsoft 365 for Business enhances collaboration by providing integrated tools that facilitate communication and teamwork. Users can save an average of 1.5 hours per week through improved collaboration features, such as Teams and cloud file storage. This integrated approach allows for seamless sharing of documents and real-time collaboration, reducing the time spent on administrative tasks and enabling teams to work more effectively together.
The Total Economic Impact of Microsoft 365 For Business
published by Lakeside Computers
As a business owner you recognize that your time is finite and that your expertise doesn’t cover everything, so it’s false economy to try to handle all aspects of your business in-house. Dedicating your time and energy to your business’ core functions—serving your clients and building your business—is smarter than allowing yourself to get bogged down with the myriad of other tasks. You will be more successful when you focus your efforts, rather than trying to be a Jack-of-all-trades. So do what you do best, and hand off “the rest” to Your IT Department Lakeside Computers.
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