Summary
Justifying investment in emerging technologies can be a challenge. Business executives and finance teams may not yet be able to assess the business value of these technologies, and early adopters may not have had enough time to share results or recommendations. To ensure buy-in, address sponsor concerns, and mitigate risk, Forrester recommends that technology leaders develop a business case that quantifies potential benefits and costs as well as future opportunities that emerging technologies will deliver to the organization. This report helps technology leaders make a compelling business case for emerging technologies by leveraging Forrester’s Total Economic Impact™ (TEI) framework.
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