140% ROI from Power Platform Premium

Forrester proves the incredible value of the Power PlatformMicrosoft Power Platform is an undeniably powerful solution with capabilities that touch many areas of a business, which can sometimes make it hard to pinpoint the solutions true value. So Microsoft recently commissioned Forrester to carry out a Total Economic Impact Study, to help customers understand the specific value of Microsoft Power Platform premium capabilities. The study explores how organisations use the Power Platform’s premium capabilities to unlock more business value.The study focused on 3 key benefits: greater scalability of low-code solutions across an enterprise, removal of barriers from citizen development for increased low-code impact, whilst maintaining enterprise-grade security, and reduction of traditional development costs and maintenance of legacy applications.For this study, Power Platform customers were surveyed and interviewed. By using the premium capabilities of the Microsoft Power Platform, Forrester was able to generate a composite organisation which was designed to be representative of an average Microsoft Power Platform customer and mimic a global enterprise.Through the Premium capabilities, the composite organisation (the average customer) netted an additional 140 percent ROI, on top of the standard 502 percent ROI customers get from the normal Microsoft Power Platform (download the Forrester report here). It also reduced the application development costs down by 45 percent, along with a net present value (NPV) of USB 8.32 million over three years.Here are the 3 benefits that these organisations experienced:1. The first benefit would be that the greater scalability of low-code solutions across an organisation contributes to these figures as premium capabilities make it possible to deconstruct data siloes, increase reusable code and scale governance and security practices.The Dataverse helps customers clean data and make customers integrate their disparate data from various sources. The benefit to this would be that data and the subsequent code becomes increasingly reusable across the organisation, enabling even greater scalability.2. The second benefit is the removal of barriers from citizen development. This made it easier for citizen developers to create impactful solutions and adopt low-code tools. It also contributed to streamlined business processes and improved business outcomes.The streamlined processes that comes from unblocking citizen developers have a present value of USD 7 million over three years and the improved business outcomes that follow have a present value of USB 3 million over three years.3. The third benefit is the reduction of traditional application development costs and maintenance of legacy applications. The benefit of low-code technology is that organisations don’t need to spend nearly as many people hours or capital on building net-new solutions and it becomes more cost effective to retire legacy applications.The findings of the report revealed significant cost savings and new opportunity benefit. While the upsides vary from business to business, the Power Platform’s staggering ROI % suggests there is a substantial prospect for staffing and recruitment firms to drive additional revenue, savings, and opportunity from this unique platform.Click here to read the entire article: