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The Total Economic Impact of Microsoft 365 For Business
Decision-makers want evidence that technology investments deliver results. This analyst report, "The Total Economic Impact™ of Microsoft 365 for Business," provides quantified findings on cost savings, productivity gains, and security improvements achieved by real organizations. Download the report to see the potential ROI for your business and contact Lakeside Computers to discuss how to realize these benefits in your environment.
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Microsoft 365 for Business is a cloud-based suite of productivity tools designed specifically for small and medium-sized businesses (SMBs). It integrates various applications such as Word, Excel, PowerPoint, and collaboration tools like Teams and Loop, along with cloud storage solutions like OneDrive and SharePoint. This comprehensive suite aims to enhance collaboration, security, and overall productivity while providing scalable and reliable solutions for communication.
What are the financial benefits of using Microsoft 365 for Business?
According to a Forrester study, businesses can realize significant financial benefits from Microsoft 365 for Business. Over three years, a composite organization could save over $913,000 through reduced hardware and software costs, improved collaboration, and enhanced IT productivity. The study indicates 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 facilitates advanced collaboration by providing integrated tools that allow users to communicate and share information seamlessly. Employees can save an average of 1.5 hours per week through improved collaboration features, such as cloud file storage and real-time communication tools. This integrated approach helps reduce inefficiencies associated with legacy systems, enabling teams to work together more effectively.
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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