Summary
The Business Value Report 2023 Edition presents findings from the Egnyte Value Acceleration Team's Business Value Assessment process, aimed at helping customers articulate the benefits of investing in the Egnyte platform. The report summarizes key metrics from assessments conducted throughout 2023, including an average ROI of 390% and a payback period of six months. It categorizes organizations by industry verticals and identifies three major areas of financial return: decreased direct costs, improved business user productivity, and content security/risk management. The report details how transitioning to a cloud-based solution can lead to significant cost savings by reducing the need for on-premises infrastructure and enhancing productivity through improved collaboration. It also discusses the importance of minimizing sensitive data exposure to potential threats and the associated cost benefits. The report includes insights into value-driven use cases and trends observed in value driver rankings over the past three years.
