Total Economic Impact Study of Dataminr First Alert

This document is a Total Economic Impact study conducted by Forrester Research, focusing on Dataminr First Alert. The study outlines the cost savings and business benefits associated with the implementation of Dataminr First Alert in public sector organizations. It details key findings from interviews with decision-makers at various organizations, emphasizing the accelerated discovery of critical events, improved response times, and enhanced operational efficiency. The study presents metrics indicating a significant return on investment, with a reported ROI of 414% and a net present value of $1.2 million over three years. It also describes the methodology used to construct a financial model based on customer interviews and highlights the composite organizations involved in the study. The findings illustrate how Dataminr First Alert has transformed the decision-making process for public safety officials by providing real-time alerts and reducing the time spent on manual monitoring and reporting tasks.