We hear stories every day about how much value Stack Overflow for Teams brings organizations. Our collaboration software for teams helps streamline workflows and breaks down knowledge silos that are all too common in growing and large companies. We do this through creating a central source of information where team members can ask questions and share knowledge.
Knowing our value and quantifying our value are two different things. Which is why we commissioned Forrester Consulting to conduct a TEI (Total Economic Impact) study. They sat down with four of our enterprise-sized customers and dug deep. After weeks of interviews and number crunching, we’re happy to announce that the study is ready to be shared and the findings prove an incredible 179% return on investment.
The full study contains other key metrics like:
- $224,000 in question-asking time savings in the first year
- $1.1M in question-answering time savings in the first year
- Reduced time to market
- More efficient onboarding for new team members
You can see the full results of the study, “The Total Economic Impact™ of Stack Overflow for Teams” here.