Quantifying the value of a successful data migration can sometimes be as challenging as quantifying the value of a good home junk removal company. We know what bad looks like: delays and cost overruns on the migration side; broken vases and scuffed wardrobes on the home removal side. But to identify the value when everything has just gone smoothly can be difficult to attribute.
We wanted to change this, so we partnered with Industry Analyst, IDC, on a study to examine the business outcomes our clients gained from using SAP Advanced Data Migration and Management by Syniti for their digital transformations.
You can read the full study here, but here’s a quick overview of the headline findings:
Top-line benefits:
- Three-year ROI of 314%
- 38% reduced data migration costs
- Annual average benefit of $4.16 million per organization
- Payback period of 8 months
Data migration project benefits:
- 46% faster major data migration projects
- 52% more efficient data migration project teams
- 31% more efficient data migration IT staff
Business benefits:
- 98% reduced unplanned downtime
- $918,000 reduction in operating expenses per year
- 33% reduction in the number of sources required for migration
The numbers are outstanding for an activity like data migration that’s perceived by some as ‘dull’ or ‘straightforward.’ But the truth of data migration is that it’s complex and if not managed properly, can quickly get out of hand, leading to delayed go-lives and cost overruns. Where SAP Advanced Data Migration and Management by Syniti delivers time-after-time, is its ability to execute a challenging project the first-time without drama. One customer quoted in the study said:
“It's that point about how the quality of the projects have improved. We can deliver a project and move on to the next one rather than having to do remedial work on the one we've just finished because we have issues.”
The value of freeing up resources is a clear gain we repeatedly see in our client base, but the value generation doesn’t stop at the point of go-live. As another customer added:
"We use SAP Advanced Data Migration and Management by Syniti for both migration and ongoing governance because they (Syniti) are all about getting the data clean and getting it right. Governance is all about keeping it right once you've gone through all that work. Most significant is the overall quality of the data we were able to load into our system."
Having clean data opens doors of opportunity for businesses in the form of faster time-to-insight and improved decision making, but clean data isn’t an end state because every day new data is generated and efforts need to be undertaken to ensure the clean data ambition is upheld. Another customer quoted in the study added:
Data can't be static. It has to evolve with your business and be flexible and agile. That's what makes SAP Advanced Data Migration and Management by Syniti a totally different paradigm versus other tools. You can build logic upon logic, and it's almost live and evolving. There's just nothing out there that can do that."
To learn more about how SAP Advanced Data Migration and Management by Syniti successfully executes data migration and wider data management projects read the full IDC study by following this link.