We know you need to check the business case for any new solution in the best of times, let alone in these trying times, with coronavirus impacting every organisation. So we’ve set out some useful material here and you can download our ROI Calculator below.
Luckily Cisco’s done much of the heavy lifting for you! In their 2020 Data Privacy Benchmark Study, Cisco identified a fantastic 2.7X ROI globally on Privacy spend, rising to 3.5X ROI in the UK.
Cisco’s study is a great place to start on the headings and statistics for your business case. Cisco clearly sets out where this ROI comes from, including excellent benefits such as:
That last one can surprise many, but it comes through in many surveys and we hear it ourselves in the market. As part of your GDPR project and ongoing compliance, you’ll have a renewed view on your IT and data estates, making them more efficient and visible.
Now, depending on who you listen to, there are any number of reasons that someone buys a solution or service, and any number of reasons better Privacy compliance helps your top and bottom lines.
Let’s boil it down to the 3 key headlines:
Salesforce.com’s Connected Customer Report states 73% say trust matters more than it did a year before.
Keepabl makes it easy to earn that trust by demonstrating your GDPR compliance status with instant GDPR KPIs and Reports, and tailored access control. Give prospects confidence in how you’ll handle their data – it all helps convert the sale.
Keepabl speeds up your GDPR compliance, automating much of the process. Don’t just take our word for it, hear from our customers how Keepabl’s super-intuitive SaaS solution helps you manage multiple entities, save time, cost and stress and optimise your GDPR compliance.
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As you saw above, Cisco sets out the key benefits from Privacy spend which you can use in your business case. Some are more quantifiable than others but all should figure in your calculations.
We’ve set out some more tangible benefits and returns in our ROI Calculator, which people have found useful. Feel free to use all or part of it. And there’s more great supporting material on our website including our Service Description.
We look forward to speaking to you when you’re ready to book your demo!
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