Report

The Total Economic ImpactTM Of IBM OpenPages

The Total Economic ImpactTM Of IBM OpenPages

Pages 18 Pages

OpenPages by IBM is a GRC solution aiding global organizations in managing governance, risk, and compliance challenges. Forrester's TEI study reveals significant benefits: 50% reduction in risk management effort, 20% lower likelihood of regulatory penalties, and $200,000 annual savings from retiring legacy tools. Unquantified benefits include enhanced data quality, transparency, and support for digital transformation. Costs over three years amount to $874,000, yielding a net present value of $2.17 million and an ROI of 249%. The study provides a framework for evaluating OpenPages' impact, considering costs, benefits, flexibility, and risks.

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