Total Economic Impact Study of SimSpace

This document is a Total Economic Impact™ study commissioned by SimSpace and conducted by Forrester Consulting. It examines the potential return on investment (ROI) that enterprises may achieve by deploying SimSpace's cybersecurity training and testing solutions. The study outlines how cyber range solutions can enhance the preparedness of cybersecurity teams through realistic simulations and exercises. It details the experiences of five decision-makers from a composite organization, which is a global financial services entity, highlighting the benefits such as reduced mean time to recover from security breaches and lower training costs. The analysis includes quantified benefits, such as a 127% ROI and a net present value of $2.2 million over three years. Additionally, it discusses unquantified benefits like improved team morale and enhanced incident response capabilities. The document also presents a framework for evaluating the financial impact of SimSpace on organizations, emphasizing the importance of comprehensive training for cybersecurity teams.