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Effective URL: https://smartshift.com/total-economic-impact-study-reveals-253-return-on-investment-for-customers-using-smartshift-for-...
Submission: On August 16 via api from GB — Scanned from GB
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Accept Decline Skip to content * How It Works * Our Solutions * SAP Dual Maintenance * Clean Core Analysis * Cloud Transformation & Operations * Code Analysis & Transformation * Code Consolidation & Carve Out * Code Decommissioning * Code Security * RISE with SAP Enabled by smartShift * Code Stability & Resilience * Our Difference * How We Compare * Resources * Blogs * Events * Case Studies * Press Releases * Videos * Publications * Get In Touch × * How It Works * Our Solutions * SAP Dual Maintenance * Clean Core Analysis * Cloud Transformation & Operations * Code Analysis & Transformation * Code Consolidation & Carve Out * Code Decommissioning * Code Security * RISE with SAP Enabled by smartShift * Code Stability & Resilience * Our Difference * How We Compare * Resources * Blogs * Events * Case Studies * Press Releases * Videos * Publications * Get In Touch Home Press Releases Publications Total Economic Impact Study Reveals 253% Return on Investment for Customers Using smartShift for SAP Code Transformation TOTAL ECONOMIC IMPACT STUDY REVEALS 253% RETURN ON INVESTMENT FOR CUSTOMERS USING SMARTSHIFT FOR SAP CODE TRANSFORMATION Boston, June 26, 2023 – smartShift, a company offering SAP customers a better way to handle custom code, commissioned Forrester Consulting to conduct a Total Economic Impact™ study to uncover the quantifiable benefits for organizations utilizing smartShift. To gain comprehensive insights into the advantages, costs, and risks associated with this investment, Forrester interviewed four representatives with extensive experience in using smartShift for SAP code transformation. Forrester consolidated the interviewees’ experiences and aggregated the results into a single composite organization. The composite represents a global organization with 180,000 employees, $86 billion in revenue, and three SAP systems requiring code transformation. According to the study, the composite organization represented by interviewed smartShift customers experienced the following benefits: Avoided costs of manual code transformation worth nearly $9.3 million over three years: By automating the code transformation process, smartShift enabled the composite organization to circumvent the high costs associated with manual code transformation. As a result, the composite saved a total of 191,000 labor hours, thanks to smartShift’s automation. Reduced cost associated with custom code by 40%: smartShift empowered the composite organization to identify and eliminate 40% of its unused custom code within its SAP systems. This automated code decommissioning translated into substantial savings by reducing costs related to code maintenance, upgrades, and testing. Lowered dual maintenance costs by 20%: smartShift’s automated dual maintenance process alleviates the burden of manual code synchronization between legacy and new systems. Consequently, the composite organization saved 20% of the 36 full-time equivalents (FTEs) it would have required to perform manual dual maintenance. Reduced risk of business interruption by 5%: With smartShift, the composite organization effectively avoided code freezes and downtime events often associated with complex SAP conversions. These disruptions pose a risk of revenue loss during the freeze or downtime period. By leveraging smartShift’s capabilities, the composite organization mitigated an additional 5% risk of business interruption compared to manual best practices. Derek Oats, CEO of smartShift, commented, “We are thrilled – we believe the findings of the Total Economic Impact™ study affirm the remarkable value smartShift brings to our customers. To us, the study underscores our commitment to delivering secure, stable, and optimized code in significantly reduced timeframes. Our patented AI-powered solutions continue to empower SAP customers worldwide, transforming their businesses efficiently and effectively.” Download the Full Forrester TEI Report About smartShift smartShift offers a better way for SAP customers to migrate and optimize their custom code. With its patented AI-powered solutions, smartShift delivers secure, stable, and optimized code in weeks rather than the months required by conventional approaches. smartShift is trusted by many of the world’s largest SAP customers and has been used to modernize over 3,000 SAP systems, converting over 2.5 billion lines of code. smartShift offers a fixed price, fixed timeline solution with a 100% quality guarantee. To learn more, please visit: www.smartShift.com Contact Corporate Communications Darshita Srivastava E-Mail: dsrivastava@smartShift.com Share This Article RELATED RESOURCES AUTOMATION IS THE ANSWER TO THE SKILL AND RESOURCE SHORTAGE IN S/4HANA TRANSFORMATION MARKET At smartShift, the solutions are powered by our proprietary Intelligent Automation Platform™ and support scenarios like HANA & S/4HANA transformations... SMARTSHIFT SEAMLESSLY UPGRADES IPM SOFTWARE’S PROPERTY MANAGEMENT PLATFORM ON AWS CLOUD Download the free case study to learn how smartShift developed a strategic approach to perform an in-place upgrade of all of IPM’s Windows systems in the AWS cloud. LEVERAGE THE POWER OF IT MODERNIZATION Research shows that roughly 80 percent of IT resources go to the maintenance of IT operations and systems. Modernizing IT in any sector is widely perceived as not easy and SMARTSHIFT MIGRATES TREBBIANNO’S INFRASTRUCTURE TO AWS Download the free case study to learn how smartShift successfully migrated Trebbianno’s legacy AWS infrastructure to the latest-generation AWS product stack in a single day. REMOVING UNUSED CODE MATTERS IT housekeeping projects are not popular, and it can be hard to secure budgets to fund them. Removing unused code from your existing SAP systems is a prime example of this type of technical debt that often goes unaddressed. 8 THINGS ABOUT S/4HANA CONVERSIONS Having completed multiple SAP S/4HANA Conversions over the last two years, we identified some patterns when it comes to S/4HANA and custom code: 1. Greenfield or Brownfield? While during the AUTOMATED TRANSFORMATION: SHIFT GEARS When your ERP software supplier provides an upgrade or enhancement, or the business demands new functionality only available in a new release, how do you organize the migration of your CUSTOM CODE ANALYSIS FOR S/4 INSIGHT AND BUSINESS TRANSFORMATION Like people, most organizations have a natural aversion to change. As such, change management for S/4 programs is critical but can be met with resistance, especially in defining standardization targets. FACTORY MODEL & TIME TO MARKET Most companies face the continuous challenge of modernizing their portfolio of applications. IT managers are constantly innovating to find better, faster and cheaper ways to maintain and manage IT assets. JANUARY NEWSLETTER Three smartInsights #1 We’re upgrading to S/4HANA, how can I make sure that my custom code works as expected?? To answer this question, you need to know exactly how big AUTOMATION IS THE ANSWER TO THE SKILL AND RESOURCE SHORTAGE IN S/4HANA TRANSFORMATION MARKET At smartShift, the solutions are powered by our proprietary Intelligent Automation Platform™ and support scenarios like HANA & S/4HANA transformations... SMARTSHIFT SEAMLESSLY UPGRADES IPM SOFTWARE’S PROPERTY MANAGEMENT PLATFORM ON AWS CLOUD Download the free case study to learn how smartShift developed a strategic approach to perform an in-place upgrade of all of IPM’s Windows systems in the AWS cloud. LEVERAGE THE POWER OF IT MODERNIZATION Research shows that roughly 80 percent of IT resources go to the maintenance of IT operations and systems. Modernizing IT in any sector is widely perceived as not easy and SMARTSHIFT MIGRATES TREBBIANNO’S INFRASTRUCTURE TO AWS Download the free case study to learn how smartShift successfully migrated Trebbianno’s legacy AWS infrastructure to the latest-generation AWS product stack in a single day. REMOVING UNUSED CODE MATTERS IT housekeeping projects are not popular, and it can be hard to secure budgets to fund them. Removing unused code from your existing SAP systems is a prime example of this type of technical debt that often goes unaddressed. 8 THINGS ABOUT S/4HANA CONVERSIONS Having completed multiple SAP S/4HANA Conversions over the last two years, we identified some patterns when it comes to S/4HANA and custom code: 1. Greenfield or Brownfield? While during the North America: +1 (617) 528-2100 Europe: +49 (621) 4006-7600 APAC: +191 (80) 4665-8999 connect@smartShift.com About Our Solutions Our Difference Events Resources Contact Us Careers © 2023 smartShift All Rights Reserved | Website by Imagemakers | Terms & Conditions | Privacy Policy | Impressum GET YOUR FREE RAPID CODE ANALYSIS See first hand what our technology can do for your SAP project. Sign up for a free custom code analysis today. Email* UTM Source UTM Campaign UTM Content UTM Medium UTM Term DE DE English English German English English German