How Do You Calculate ROI for Digital Initiatives?
Автор: Industrial Tech Insights
Загружено: 2026-02-04
Просмотров: 1
Описание:
In the fast-paced world of manufacturing, understanding how to measure the real success of your digital investments is crucial. This video breaks down the process of calculating Return on Investment (ROI) for industrial digital initiatives.
Discover the core principles and benefits of ROI for your digital projects:
► Learn the fundamental formula for calculating ROI by comparing financial benefits against total costs.
► Understand the distinction between direct benefits like cost reductions and indirect benefits such as improved decision-making.
► Grasp the importance of including all costs, from initial purchases to ongoing maintenance and training.
► Explore the concept of Total Cost of Ownership (TCO) to ensure a comprehensive ROI assessment.
► See how robust ROI calculations empower better investment prioritization and justify spending to stakeholders.
#IndustrialROI, #DigitalTransformation, #ManufacturingTech, #ROICalculation, #Industry40
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