The Total Economic Impact™ (TEI) of using Phrase
With expansion to new markets forming part of most corporate strategies, content and product localization is a growth driver. Phrase recently commissioned Forrester Consulting to conduct a Total Economic Impact™(TEI) study and evaluate the cost savings and business benefits enabled by Phrase. From reduced translation costs, workflow improvement, and increased scalability that enables growth, to a 527% ROI, $ 2.67M Net Present Value, and savings of almost $2.8 million over 3 years for a composite organization representative of interviewed customers—these are the study’s findings.
What are the potential cost savings and business benefits enabled by Phrase?
- Workflow improvement
- Increased scalability that enables growth
- 527% ROI
Find out with this Forrester Consulting study on the Total Economic Impact™ (TEI) of Phrase.