The Total Economic Impact of IBM Watson Studio and Watson Knowledge Catalog -- ADTmag

The Total Economic Impact of IBM Watson Studio and Watson Knowledge Catalog

IBM commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying Watson Studio and Watson Knowledge Catalog. The results? A projected ROI of 459%, achieved in less than six months.

Read the full Forrester TEI report to find out the quantified value of benefits realized by interviewed and surveyed companies, including:

• Increased economic value of major data science projects

• Data scientist new hires avoided due to increased productivity

• Reduced system administration overhead achieved by replacing prior tools with an integrated solution

• Regulatory fines and penalties avoided though improved data governance

• Cost savings from replacing prior tools and avoiding consulting fees

The total present value of these benefits adds up to $5.8 million over three years. Which benefit do you think came out on top? Get the breakdowns.

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