“Show me the ROI.” This oft-repeated financial management mantra does little to excite the imagination about the strategic value of any particular IT investment.
Let’s say you could increase the speed of WAN file transports by 20%, reduce network outages and backup switching times by 10 minutes a week, or reduce shared application costs across a workforce by $50,000. You can run the numbers to calculate the ROI on such results, but considered in isolation they don’t stack into huge jumps in value.
Before taking a risk on any new IT investment, the business should expect a potential payback of between 5-to-10X, so we really need to seek out potential value wherever it exists to justify the investment into the future.