Earlier this year, HTEC commissioned a Forrester Total Economic Impact™ (TEI) study. For the study, Forrester Consulting conducted four customer interviews and collected considerable data.
The results were aggregated and combined to form a single composite organization comprised of interviewees with significant experience using HTEC.
Why it matters: Forrester offers objective study results based on a proven, industry-standard framework. Positive results can’t be purchased or guaranteed.
The results: Forrester’s TEI study results found that HTEC demonstrated positive value for the composite organization over a period of three-year engagement in the following areas:
- Return on investment (ROI): 82%
- Net present value (NPV): $3.6 million
- Product launch time: 12-month decrease in new product release time
The benefits: In the study, customers emphasized HTEC’s high-quality digital engineering and speed as the key benefits of the company’s end-to-end product development services. Other benefits listed in the TEI study included:
- Savings from upfront quality and security-focused design
- Increased labor flexibility and access to additional skillsets
- Improved customer acquisition
- Promotion of modern engineering best practices
- Innovative and modern product design
Customer quotes:
- “[HTEC employees] were thought promoters [and] advocates for doing things better even if it meant putting their own skin in the game.” — CTO, entertainment
- “We’ve gotten much further than I could have gotten by myself and gotten there faster than if I had to find people on my own. The quality and the speed with which we’ve been able to bring a team up has been very valuable to us” — VP, software
Go deeper: Navigating today’s volatile product market demands a reliable partner. Read the full press release to discover how HTEC helped customers achieve better results with speed and confidence.
Download HTEC’s SSDLC infographic for development tips and insights into how HTEC impacts the entire development process.
