How to Measure the Cost and ROI of Enterprise Application?

ROI is considered to be one of the most important measures which can evaluate the ongoing success and contributions of an enterprise application . But still, measuring how ROI applies to a mobile initiative can be difficult. You are required to have thorough management and reporting tools in order to measure the cost and ROI of the enterprise apps. There is a requirement of continuous monitoring of app metrics as well as action plans that can help to stem from each report. Have a look at the basic formula for measuring the ROI of any project: ROI = (Gain from Investment – Cost of Investment) / Cost of Investment (expressed as a percentage) If in case your organization is already having an application or planning to build a new one, read this post carefully as this will help for measuring and evaluating ROI for your imitating, and estimating if the investment is worthwhile. COST OF INVESTMENT Firstly, let’s take a look at how much an enterprise...