ALSO CALLED: Return On Investment, ROI Calculators, Cost Calculators, and IT ROI DEFINITION: The law of diminishing returns is a classic economic concept that states that as more investment in an area is made, overall return on that investment increases at a declining rate, assuming that all variables remain fixed. To continue to make an investment after a certain point (which varies from context
Definition continues below.
WHITE PAPER: Posted: 13 May 2008 | Published: 01 Jan 2007
SUMMARY:
This paper is written specifically for non-IT executives, with the primary objectives to describe the LTO process and how software provides value to these business process improvements.
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Explore the top 10 reasons you should get your software as a service. Learn how you can leverage key application, accelerate ROI and achieve global availability with an on-demand model.
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Learn how Enterprise 2.0 will enable you to increase communication, collaboration and ROI. Explore the results of a survey that details Enterprise 2.0 deployment, adoption rates and funding models.
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The Vitria M3O Suite provides a single platform to truly bridge the gap between Business and IT by not only working in any stage of a SOA environment, but also providing a way to sense, analyze and respond to exceptional events.
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iTera HA is the most affordable high availability product on the market, but with something as critical as high availability (HA), low cost isn't everything.
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In order to achieve total communication intelligence, you need to integrate communications with the business processes they connect with, no matter how disparate they may seem. Customer Communication Management solutions span from database to...
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SUMMARY:
An investment in a commission system offers the potential to drive ROI from both cost avoidance and increased revenue/profitability perspectives, which makes for a very strong business case.
WHITE PAPER: Posted: 30 Apr 2008 | Published: 01 Jun 2007
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This IDC White Paper presents the results of an IDC study, sponsored by CA originally Cybermation), to quantify the financial benefits of using CA ESP Workload Automation products.
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This paper provides an overview of the product along with practical advice for those who are considering Mercury Business Process Testing for optimizing their own manual processes or moving toward test automation.
ROI DEFINITION (continued): to context) is to receive a decreasing return on that input.
The law of diminishing returns has broader applications than economics. In fact, it is one of the most widely recognized economic principles outside of the economic classroom. In a call center, for instance, service level improvements decline in rate in relation to each additional successive agent added.
Other real-world examples abound:
A student considering one more hour of study after 2 AM.
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