Independent Consulting Study Identifies $4.8 Million in Net Present Value Payback through Boomi’s Unified Platform
ROUND ROCK, Texas – November 29, 2018 – Dell Boomi™ (Boomi), the leading enterprise transformation provider of cloud integration and workflow automation to build The Connected Business, today announced that a commissioned study conducted by Forrester Consulting on behalf of Boomi found that organizations realize an average return on investment (ROI) of 307 percent over three years from the Boomi platform. The same study also concludes ROI through the platform begins in less than a year.
In addition, the Total Economic Impact™ of the Dell Boomi Platform study reveals that organizations achieve a net present value payback of $4.8 million over three years through higher revenue, reduced infrastructure and legacy integration software costs, and improved IT staff productivity. Financial benefits of $6.4 million over three years calculated by Forrester Consulting in the November 2018 study consist of:
$3.4 million in new revenue. Organizations realize $3.4 million in incremental revenue by using the Boomi platform to connect data from siloed systems, enabling them to capitalize on opportunities for new revenue streams and innovation.
$1.5 million in infrastructure savings. Transitioning to the cloud and eliminating infrastructure and management costs needed to support legacy on-premise integration tools generates savings of $1.5 million.
$1.1 million in legacy software savings. Replacing on-premise middleware integration tools with Boomi results in $1.1 million less in costs for licensing and IT maintenance.
Nearly $390,000 in IT productivity. Development times are shortened by 70 percent with Boomi, leading to an increase in IT staff productivity and $388,568 in savings.
The results are based on a composite organization created based on Forrester’s interviews with six Boomi customers in several industries. The composite organization is a large global enterprise with $10 billion in annual revenue and 30,000 employees. The full 24-page study is available here.
“Forrester’s in-depth study quantifies the tremendous gains in revenue, cost savings and productivity that we’ve seen among customers using our low-code platform to build a Connected Business,” said Chris McNabb, Boomi CEO. “Eliminating data silos and automating manual processes clearly translates into bottom-line benefits and the transformative advantage of running a faster, smarter organization.”
The study also highlighted unquantified benefits such as better business decision-making through quality data, centralized transparency into integration processes, and improved collaboration. Also, the study found that Boomi integration developers were able to readily utilize capabilities in the Boomi unified platform for API design and management, workflow automation, and master data management without the need for specialization.
“Moving to a unified platform allowed us to unify our integration efforts and see the synergies that come in from this consistent approach,” the director of application integration at one of the interviewed organizations told Forrester Consulting. “The acceleration in the amount of time it takes to build out an integration or deliver a major enhancement to a business process is a tremendous benefit to the business.”
About Dell Boomi
Dell Boomi (Boomi), an independent business unit of Dell, is the leading provider of a unified platform to build The Connected Business, from cloud integration to workflow automation. Boomi helps organizations accelerate business agility by connecting data, applications and people to run faster and smarter. Visit https://boomi.com for more information.
© 2018 Boomi Inc. Dell, Boomi, and Dell Boomi are trademarks of Dell Inc. or its subsidiaries. Other names or marks may be the trademarks of their respective owners.
Contact:
Janine Kromhout
Dell Boomi
650-269-1417
Janine_Kromhout@dell.com
Kelsey Quickstad
Hotwire for Dell Boomi
415-820-4494
dell.boomi@hotwireglobal.com
Analyst Contact:
Beth Johnson
Dell Boomi
415-412-6891
Special note:
Statements in this material that relate to future results, future hiring, and future events or investment are forward-looking statements and are based on Boomi’s current expectations. All statements about any net present value payback, future revenue, future cost savings, or benefits that might result from using Boomi services are forward-looking. In some cases, you can identify forward-looking statements by such words as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “confidence,” “may,” “plan,” “potential,” “should,” “will” and “would,” or similar expressions. Actual results, hiring, customer trends, and events in future periods may differ materially from those expressed or implied by these forward-looking statements because of a number of risks, uncertainties and other factors, including the challenge of finding and onboarding new personnel, marketplace trends, ongoing management attention to the market, the uncertainties associated with technology changes and the development, unique details of each customer environment, the skills, tools, systems, and decisions of the parties electing to use Boomi, and release of new technology. Boomi and Dell Technologies assume no obligation to update any such forward-looking statements.