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