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The Total Economic Impact of Microsoft 365 For Business
Small and midsize businesses are under constant pressure to increase efficiency and control costs while enabling hybrid work and security. This analyst report, "Total Economic Impact™ (TEI) of Microsoft 365 for Business," provides an in-depth financial analysis of how SMBs achieved a 223% ROI and $631K in net value by deploying Microsoft 365 for Business. Download the report to see how Microsoft 365 delivers lasting business value, and contact VOX ISM for a personalized ROI assessment.
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Microsoft 365 for Business is a cloud-based suite of productivity tools designed to enhance collaboration, security, and overall productivity for small and medium-sized businesses (SMBs). It integrates various Office applications like Word, Excel, and PowerPoint, along with cloud storage solutions such as OneDrive and SharePoint, email services through Outlook, and collaboration tools like Teams. This comprehensive solution aims to provide reliable, scalable, and secure tools tailored to meet the specific needs of businesses.
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 in a Forrester study realized savings exceeding $519,000 over three years through improved collaboration and automation. Additionally, they saved $97,000 in IT specialist productivity by reducing time spent on system maintenance. Overall, the study indicated a net present value (NPV) of $631,000 and a return on investment (ROI) of 223% over three years.
What challenges does Microsoft 365 for Business address?
Microsoft 365 for Business addresses several challenges commonly faced by organizations. Many businesses previously relied on fragmented hardware and software, leading to inefficiencies and high maintenance costs. The integrated suite improves collaboration, reduces technical issues, and enhances security. For example, 63% of surveyed decision-makers reported poor security as a pain point before switching to Microsoft 365, which offers enterprise-grade cybersecurity tools to mitigate such risks.
The Total Economic Impact of Microsoft 365 For Business
published by VOX ISM
VOX ISM is Canada’s largest Microsoft Dynamics Partner. We specialize in implementing Microsoft business solutions software including Microsoft Dynamics 365 Business Central, CRM, and Office 365. These software solutions enable our customers to compete in today’s digital landscape.
We specialize in workforce skills development and training and offer a variety of courses focussed on improving existing employee skills and teaching new ones.
We have 800+ customers and 20 years of experience in the software industry and we specialize in the Manufacturing and Distribution industries. We have experienced industry consultants including former Plant Managers, Supply Chain Managers, Schedulers, Warehouse & Distribution specialists, Sales and Marketing staff, Controllers, Accountants, and many more on board, who will set up your software implementation and train your staff for business success.
We are based in Toronto with teams across Ontario and in British Columbia & Alberta.
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