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Market Intelligence Resource | March 12, 2009

A Model for Calculating Your Return-on-Investment When Investing in Technology

March 12, 2009 Presenting at the 2009 Best Management Practices Institute in Clearwater Beach, Florida, OPEN MINDS senior associate, Joe Naughton-Travers, led the attendees through a model for calculating return-on-investment beginning with establishing the basic components of an information technology (IT) budget. Typical on-going information technology budget components include: IT staff and benefits Software and software upgrade costs Hardware and networks and upgrade costs Telecommunication/connectivity costs  Internet access costs . . .

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