Windsor, Conn. (ots/PRNewswire) – The Total Economic Impact Study examines the benefits of IA for five SS&C Blue Prism customers and 166 respondents worldwide
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the results of “The Total Economic Impact™ (TEI) of SS&C Blue Prism”1 study conducted by Forrester Consulting in 2024. SS&C Blue Prism commissioned the study to evaluate the potential total Economic Impact™ that companies can achieve through the use of an intelligent automation platform. The company was also interested in learning the potential financial impact of adopting SS&C Blue Prism Intelligent Automation. The study found that a composite organization that is representative For surveyed customers deploying SS&C Blue Prism technologies, the company achieved a 330% return on investment over three years, representing an NPV of $53.4 million.
“Over the last five years, IA has evolved from addressing primarily operational challenges to solving more strategic challenges,” the TEI study says. “IA is also increasingly driven by management and executives, rather than IT – or technology department.”
The study shows overall customer revenue growth of 5.4% CAGR, an 8% increase in productivity and a 7.3% increase in employee retention with a payback period of less than six months.2
“The results of the Forrester study confirm the ability of Intelligent Automation “SS&C Blue Prism’s end-to-end automation and orchestration enables customers to create value.” and efficiently achieve transformative results.”
Of the 166 Forrester respondents, 60% cited improvements in speed, productivity, accuracy and auditability as a key benefit, while 65% were able to extend the benefits of a combined automation and orchestration solution to more end-to-end processes.
Key quantified benefits over three years for a composite customer base include:
- Business growth worth $50.3 million
- $12.7 million in improved productivity
- Saved $2.4 million in compliance costs
- $4.2 million to improve employee experience and retention
Used by more than 2,800 customers around the world SS&am p;C Blue Prism and thereby digitize their processes in the areas of financial services, insurance, health and pharmaceuticals, banks and others. Download the study today:.
Remarks
1 Total Economic Impact is a methodology developed by Forrester Research that improves companies’ technology decision-making processes and helps providers communicate the value proposition of their products and services to their customers. The TEI methodology helps organizations demonstrate, justify, and realize the tangible value of IT initiatives to both senior management and other key business stakeholders.
2 The study found that investing in intelligent automation delivered revenue growth of 73% of total NPV and a compound annual growth rate (CAGR) of 5.4% over the past three years for a composite customer base.
Information about SS&C Technologies
SS&C is a global provider of services and software to the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Approximately 20,000 financial services and healthcare companies, from the world’s largest enterprises to small and medium-sized companies, rely on SS&C for expertise, scale and technology.
Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
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Questions & Contact:
For more information: Brian Schell | finance director,
SS&C,
Technologies,
Tel: +1-816-642-0915| E-Mail: InvestorRelations@sscinc.com; Justine Stone | Investorenkontakt,
SS&C Technologies,
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Emma Lowrey,
PAN Communications,
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E-Mail: ssc@pancomm.com