Companies that thrive are focused on ways to improve costs, profits, and flexibility. Successful companies use measurement, traceability, and reporting to reduce defects and increase overall quality.
What is ROI? ROI is the "return on investment" or return on costs. It's a ratio between net income and investment. Typically, the ROI is calculated by subtracting the initial value of the investment from the final value of the investment. From there, simply divide this new number by the cost of the investment. Last, take that number and multiply it by 100.
Or, if you'd like to skip the work - simply plug in your specs, costs, and metrics into our convenient calculator below for a quick ROI calculation.
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