Forrester Total Economic Impact reports
Forrester Consulting assesses the Total Economic Impact (TEI) of ThoughtWorks on Client Projects through a proven, customised method. The studies are conducted on behalf of ThoughtWorks to help IT professionals make better, more cost-effective decisions regarding the selection of development approach and partners. TEI systematically looks at the potential affects of technology investments across four dimensions:
- Cost - impact on IT
- Benefits - impact on business
- Flexibility - future options created by the investment
- Risk - uncertainty
ThoughtWorks commissioned Forrester Consulting to provide an objective third party assessment of the value we provide to our clients in the following engagements.
Client: UK Media Organisation
The results:
- Reduced cost by 40%
- Delivered estimated 40% ROI in five year cycle
- Achieved faster time to benefits
- Embraced changes in scope and included new features within budget
Download the full TEI Study - Click to download TEI report
Client: Four Fortune 500 Companies
The Results:
- Improved time to benefit by 69%
- Reduced cost by 57%
- Reduced effort by 62%
- Reduced critical defects by nearly 80%
- Reduced overall defects by more than 60%
Participants in the study indicated they realized or expected to realize 29 to 66 percent risk-adjusted return on investment over three years using the ThoughtWorks Agile development approach.
Download the full TEI Study on the ThoughtWorks Agile Approach - Click to download TEI report
Client: Global 50 Insurance Company - Distributed project
The results:
- Improved time to benefit by 50%
- Nearly 30% more cost effective than the traditional offshore approach
- 94% three-year return on overall project compared to 4% with a more traditional offshore approach
Download the full TEI Study on our Distributed Agile Approach - Click to download TEI report
Client: Australian Insurance Company
The results:
- Improved time to benefit by over 50%
- Reduced cost by 33%
- Improved ROI to 29% from a negative return on investment with alternative
Download the full TEI Study on the ThoughtWorks Agile Approach - Click to download TEI report
