The Grow Return on Investment (ROI) Calculator helps estimate Grow Business Intelligence data storage needs.
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Complete all the fields in the ROI Calculator and click Calculate.
Note: The Unknown Start Date checkbox sets the ROI start date for 30 days from the current date.
The results display with numerical and graph results, including a ramp-up curve that approximates the time it takes for a business to onboard and start fully utilizing Grow.
Understanding Calculator Numerical Results
Information returned with the ROI Calculator is displayed in the table below.
Information | Description |
---|---|
Total Price |
The cost of the data storage. |
Breakeven Point |
When savings match the initial cost. |
Payback Period |
The estimated time to reach 100% ROI — when cumulative savings equal twice the cost. |
1-year return |
Estimated savings from the data storage investment after one year. |
3-year return |
Estimated savings from the data storage investment over three years. |
Understanding the Return (xx) Chart
The Return chart displays a graphic image of the ROI Calculator's results. It shows currency (as selected in the calculator) on the Y axis and time on the X axis.
Tracked on the Return chart with individual trend lines:
- Return
- Price
- Start Date
- Breakeven Point
- Payback Period (100% ROI)
- 3-Year return
Key Benefits
Benefits to planning data use in Grow:
- Optimized Resource Allocation: Allocate storage and processing resources efficiently. Avoid overuse or underuse of resources, leading to cost savings and improved performance. Tailor your data plans to match specific needs, ensuring that you only pay for use and avoiding unnecessary expenses.
- Enhanced Data Management: Set appropriate data refresh rates and storage limits, ensuring that Grow always has up-to-date and relevant information. This leads to better decision-making relying on accurate and timely data.
Avoiding Over-Provisioning: By accurately estimating the amount of data storage and refresh rates needed, you can avoid purchasing more resources than necessary.
Efficient Data Management: Regularly monitoring and adjusting data usage helps in identifying and eliminating redundant or outdated data.
The pricing in the ROI Calculator is illustrative and does not constitute a formal sales quote. For a detailed quote tailored to your organization's needs, please contact your Epicor representative.