Forrester Confirms a 368% ROI for Enterprises Using WalkMe
We’ve always known that WalkMe’s Digital Adoption Platform (DAP) changed how companies function. Over the years, we’ve collected hundreds of customer stories and data that demonstrate DAP’s positive effects.
But we wanted to put our understanding of digital adoption’s ROI to the test. Based on four experienced WalkMe customers, we commissioned Forrester, a leading analyst firm, to perform a Total Economic Impact (TEI) study that provides a rigorous cost and benefit analysis for technology of all kinds. The results confirm what we’ve known all along: DAP’s impact is massive.
You can read the full study here.
Triple Digital ROI
Forrester’s investigative analysis concluded that WalkMe yields a 368% ROI.
When WalkMe is first implemented, companies feel the effects immediately, needing less than 3 months to receive return on their initial investment.
In terms of numbers, WalkMe delivers:
- 368% return on investment
- < 3 Month payback period
- $20,042,842 present value benefits over 3 years
How the results were calculated
Forrester interviewed four WalkMe customers, aggregated their experiences, and combined the results into a single composite organization.
The 4 companies included:
- Red Hat – 16,000-person Software company in US
– Gabi Ghali, Senior Manager, IT Transformation Center of Excellence
- Modernizing Medicine – A US SaaS company with 120,000 users
– Brad Rennick, Senior VP Customer Success
- Christus Health – A55,000-person Healthcare company in US
– Tobias Washington, Head of Talent Technologies, Innovation and Creative Solutions
- Engie – 170,000-person Energy company in Europe
– Delphine Maroux Martin, Continuous Improvement and Customer Excellence Manager
Quantified and qualified benefits
Each of these WalkMe customers had a different focus and purpose for using DAP.
The study calculated the quantified effect of WalkMe DAP on a range of business needs from training and onboarding, support call reduction, customer retention, and software spend savings.
In a spotlight study commissioned by WalkMe and conducted by Forrester Consulting, Red Hat’s CIO and members of their Transformational Center of Excellence shared their results after using WalkMe’s DAP for 3 years. One outcome included $915K worth in yearly recaptured end-user productivity for just one application alone.
Other qualitative benefits customers experienced in this study, included: improved employee experience, engagement, customer satisfaction and operational excellence.
Deploying WalkMe’s DAP isn’t a simple plug and play, rather a full-bodied solution that touches upon integral aspects of any enterprise business. The Forrester study concluded that the value of WalkMe continues to grow the more it is implemented. When companies invest more in a sound digital adoption strategy, their ROI and the value of DAP increases with time.
WalkMe as a strategic partner
WalkMe started out as a small company with a large vision, pioneering the digital adoption category. Today, WalkMe stands as the leader in the field, growing and innovating to help companies realize the full potential of their technology investments.
Learn how you can benefit from partnering with WalkMe and transform your organization with a robust digital adoption strategy.
Read the full study here.