South Harwich, MA (PRWEB) July 29, 2014
BackOffice Associates, the worldwide leader in information governance and data migration solutions, today announced the findings of a new Total Economic Impact™ (TEI) study illustrating the strong return on investment and key business benefits that enterprises can attain by deploying the company’s Data Stewardship Platform™ (DSP™). Commissioned in March and conducted by Forrester Consulting on behalf of BackOffice Associates, the study, titled, “The Total Economic Impact™ of BackOffice Associates’ Data Stewardship Platform,” conveys the importance of proactively cleansing, managing and maintaining high quality data across enterprise business applications, which can yield initial investment payback in 4.7 months and more than 200 percent ROI over three years.
“Enterprises simply cannot afford to take risks around data accuracy. Whether housed in ERP, HR, customer service or other systems, data touches every part of a business and significantly impacts its overall livelihood,” said David Booth, president and CEO of BackOffice Associates. “Reaffirming the market’s strong demand for our Data Stewardship Platform, we believe this study underlines enterprises’ need for immediate access to business-ready data so they can consistently maintain a competitive position, deliver top-notch customer service, and make critical business decisions.”
Based on interviews with four existing multi-billion dollar enterprise customers and subsequent financial analysis, Forrester Consulting uncovered the following drivers behind seeking a data migration and governance partner:
In the study, Forrester Consulting identified the following benefits of implementing BackOffice Associates’ DSP:
The BackOffice Associates DSP is a next-generation, uniform platform of functions and capabilities designed specifically to help customers keep pace with rapidly changing business conditions that affect data quality and information governance. To access the full TEI study, please visit http://bit.ly/1wtjQ5T. For more information on the BackOffice Associates’ Data Stewardship Platform, please visit http://www.boaweb.com/products/data-stewardship-platform/.
About BackOffice Associates
BackOffice Associates is a worldwide leader in information governance and data migration solutions, focusing on helping customers manage one of their most critical assets – data. The company's range of products, built on a revolutionary platform, address the needs of business users seeking to unlock the value of their data assets. BackOffice Associates' products and services enable organizations to accelerate growth, gain actionable visibility and reduce risks. Founded in 1996, BackOffice Associates has an unparalleled record of success in the most complex data environments across a variety of industries. Customers include many Fortune 1000 companies including Eli Lilly, Kraft and Graybar. BackOffice Associates is a global corporation headquartered in Massachusetts with additional offices in the U.S., Australia, Canada, Dubai, India, Singapore and the U.K. To learn more, please visit http://www.boaweb.com.
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