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:
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:
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.
This case study examines the financial impact of Vizioncore vRanger Pro, a backup and recovery solution for virtual server environments. It evaluates its costs, benefits, and ROI through a real-world example, demonstrating how it reduces operational costs, enhances recovery times, and improves disaster preparedness.
This case study provides a detailed analysis of the financial impact of transforming an application on the Progress OpenEdge platform. It demonstrates how Progress partners can achieve significant cost savings in development, deployment, and ongoing management compared to alternative platforms, highlighting key benefits across the application development life cycle.
This case study examines the Total Economic Impact™ of Symantec Enterprise Vault™, showing how it helps an international media company achieve significant financial benefits through reduced hardware, software, and maintenance costs. It highlights how Enterprise Vault streamlines storage management, reduces labor costs, and provides a comprehensive archiving solution.
This case study details the transformative effects of deploying TANDBERG videoconferencing solutions, highlighting substantial cost savings and enhanced communication efficiency.
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).
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).
This case study uses Forrester’s Total Economic Impact (TEI) to evaluate the financial impact of Developing and Deploying Applications on Microsoft and J2EE/Linux Platforms. The document shows all calculations and assumptions for creating this business case using Total Economic Impact (TEI).
This case study reveals the transformative economic effects of implementing enterprise content management at a major pharmaceutical company, demonstrating significant cost reductions and efficiency improvements.
This case study delves into the economic benefits and transformative potential of VMware Virtual Desktop Infrastructure for the financial services industry.
Explore this case study to learn about the transformative effects of application streaming technology on business operations, showcasing substantial cost savings and enhanced productivity.
