Chapter

Total Economic Impact (TEI)

Total Economic Impact (TEI) is a framework developed by Forrester Research, a market research company, that helps organizations to evaluate and justify the financial value of an investment in a technology solution. The TEI framework assesses the potential benefits, costs, and risks associated with an investment in a particular technology solution and determines its overall financial impact on the organization.

The TEI framework consists of four components:

  1. Benefits: This component identifies and quantifies the potential benefits that an organization can achieve from a technology investment. Benefits include increased revenue, improved productivity, reduced costs, and enhanced customer satisfaction.
  2. Costs: This component includes all the costs associated with the technology investment, including implementation costs, operational costs, and maintenance costs.
  3. Flexibility: This component evaluates the flexibility of the technology solution and its ability to adapt to changing business needs over time.
  4. Risks: This component assesses the risks associated with technology investment, including project failure, security, and compliance risks.

By using the TEI framework, organizations can make informed decisions about technology investments based on a comprehensive understanding of the potential benefits, costs, risks, and flexibility of the solution. The framework also provides a methodology for measuring and tracking the financial impact of technology investments over time, allowing organizations to continuously evaluate the effectiveness of their technology strategies and make adjustments as needed.

Overall, the TEI framework provides a structured approach to evaluating the financial impact of technology investments and helps organizations to make better-informed decisions about their IT spending.

The Total Economic Impact (TEI) category in our CIO Reference Library is a curated collection of resources, articles, and insights focused on providing IT executives and other professionals with a comprehensive understanding of TEI and its application in evaluating the potential financial impact of IT investments.

Total Economic Impact is a framework that helps organizations to evaluate the potential financial impact of IT investments. It includes both tangible and intangible benefits and costs associated with the investment.

This category covers a wide range of topics related to TEI, including:

  • Overview of TEI: This includes an introduction to the TEI framework, its components, and its application in evaluating the potential financial impact of IT investments.
  • TEI methodology: This includes an overview of the TEI methodology, which provides a step-by-step approach to evaluating the potential financial impact of IT investments.
  • TEI models: This includes an overview of different TEI models, such as the Forrester TEI model, the IDC TEI model, and the Gartner TEI model.
  • TEI analysis: This includes an overview of the analysis involved in evaluating the potential financial impact of IT investments, such as assessing the direct and indirect benefits and costs of the investment.
  • TEI and IT investment: This includes an overview of how TEI can be used to evaluate the potential financial impact of IT investments, prioritize investments based on their expected return on investment (ROI), and communicate the business value of IT to stakeholders.

By exploring the TEI category, IT executives and other professionals can gain a comprehensive understanding of the framework and its application in evaluating the potential financial impact of IT investments. This knowledge can help organizations to make more informed decisions about their investments, improve their alignment with business goals and objectives, and ultimately create more value for their stakeholders.

Total Economic Impact of Sybase Adaptive Server

This case study uses Forrester's Total Economic Impact (TEI) to evaluate the financial impact of implementing the Sybase Adaptive Server. The document shows all calculations and assumptions that go into creating this business case using Total Economic Impact (TEI).

Total Economic Impact of Oracle Universal Content Management

This case study uses Forrester's Total Economic Impact (TEI) to evaluate the financial impact of implementing the Oracle Universal Content Management. The document shows all calculations and assumptions that go into creating this business case using Total Economic Impact (TEI).

Total Economic Impact of Vizioncore vRanger Pro

This case study uses Forrester's Total Economic Impact (TEI) to evaluate the financial impact of implementing the Vizioncore vRanger Pro. The document shows all calculations and assumptions that go into creating this business case using Total Economic Impact (TEI).

Total Economic Impact of Progress OpenEdge Platform

This case study uses Forrester's Total Economic Impact (TEI) to evaluate the financial impact of implementing the Progress® OpenEdge™ Platform. The document shows all calculations and assumptions that go into creating this business case using Total Economic Impact (TEI).

Total Economic Impact of Symantec Enterprise Vault

This case study uses Forrester's Total Economic Impact (TEI) to evaluate the financial impact of implementing the Symantec Enterprise Vault™. The document shows all calculations and assumptions that go into creating this business case using Total Economic Impact (TEI).

Total Economic Impact of TANDBERG Videoconferencing Solutions

This case study uses Forrester's Total Economic Impact (TEI) to evaluate the financial impact of implementing the TANDBERG Videoconferencing Solutions. The document shows all calculations and assumptions that go into creating this business case using Total Economic Impact (TEI).

The Total Economic Impact of EMC Documentum

This case study uses Forrester's Total Economic Impact (TEI) to evaluate the financial impact of implementing the EMC Documentum. The document shows all calculations and assumptions that go into creating this business case using Total Economic Impact (TEI).

Total Economic Impact of VMware Virtual Desktop Infrastructure

This case study uses Forrester's Total Economic Impact (TEI) to evaluate the financial impact of implementing the VMware Virtual Desktop Infrastructure. The document shows all calculations and assumptions that go into creating this business case using Total Economic Impact (TEI).

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