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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 Definitive Solutions 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 Definitive Solutions
Definitive Solutions was founded in 1999 by Peter Meade who has over 30 years in the IT industry. We deliver IT managed services, cloud and security solutions to our SMB and Enterprise clients throughout Ireland and Internationally.
We are not just another MSP; our technical skill is given, but our success has been built on the ethos of trust and our focus is always on building strong relationships. Our approach is to really understand our clients’ business challenges and goals, and implement bespoke technology products and services which meet their unique business requirements.
As an independent private company, you can trust us to give impartial advice. We stand over every product and service we recommend and will only offer the right solutions for our clients. There is no such thing as ‘one size fits all’.
Our focus on professional trust and relationships does not just apply to our long-established clients; it continues within our dedicated team, evidenced by one of the strongest retention rates in the industry, and with our partners.
All of the growth and success our business has enjoyed is a result of our outstanding team of people and we all share a passion for providing the best customer experience.
Our clients range across all industry verticals including financial services, public sector, distribution, pharma and charities. Many of our clients operate within highly regulated industries, and adhere to strict compliance and regulation standards and we work closely with them to ensure their technology strategy is aligned with their compliance responsibilities.
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