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Centralizing control of user identities makes good business sense. Using one solution to manage all user identities and integrating it with your existing identity infrastructure can save IT both time and money. But how much? And how do those savings translate to tangible business benefits?
As more companies look for ways to accelerate growth without adding cost, approval for infrastructure investment becomes more difficult. We partnered with Forrester Researchto better understand the financial impact our identity and access management solutions had on our customers and to help you make the business case for centralized identity management.
The folks at Forrester Research interviewed and crunched numbers with six of our customers to quantify the total economic impact of our identity and access management solution. To save you time and sum it up, we pared all of that research down to the top three ways our identity management solutions made an impact on our customers' businesses:
1. Time is money after mergers and acquisitions. The case study revealed a 50% decrease in time needed to build, test and deploy new connections to revenue-generating apps after a merger or acquisition. That time translated to a reported $21 million in incremental revenue.
2. White-labeled applications mean lots of green. Our customers reported the ability to quickly integrate and "white label" revenue-impacting applications as a notable benefit of our solutions. Even when they factored in an 8% revenue sharing arrangement with their business affiliates, the reported total incremental revenue opportunity totaled $12 million.
3. IT's focus on the top line saves the bottom line. The case study revealed an 80% reduction in time spent monitoring user access. Customers said that our identity and access management solutions helped them centralize audit and compliance monitoring, freeing IT resources to work on more strategic projects that drove top line revenue.