Total Economic Impact of Monte Carlo's Data and AI Observability Platform

This document is a Total Economic Impact™ study commissioned by Monte Carlo and conducted by Forrester Consulting. It examines the potential return on investment (ROI) that enterprises may realize by deploying Monte Carlo’s data and AI observability platform. The study outlines how organizations can proactively manage data quality issues through augmented data quality solutions, which enable real-time data profiling, validation, and monitoring. By utilizing Monte Carlo, organizations can detect and remediate data and AI reliability issues more efficiently, leading to significant cost savings and improved operational performance. The findings include quantified benefits such as reclaimed data personnel hours, avoided revenue losses due to data downtime, and enhanced efficacy of AI and ML models. Additionally, the study presents unquantified benefits such as improved customer experience and increased data confidence. The financial analysis indicates a net present value (NPV) of $2.40 million and a return on investment (ROI) of 358% over three years.