What is Time to Value?
Time-to-Value measures the duration between implementing a new solution and realizing meaningful benefits or returns from the investment. For software implementations, this spans from project kickoff through achieving defined success criteria like productivity improvements, cost savings, or capability gains.
Time-to-Value depends on implementation complexity, change management effectiveness, user adoption rates, and solution maturity. Vendors emphasize reducing Time-to-Value through streamlined implementations, intuitive interfaces, and proven methodologies.
Organizations prioritize faster Time-to-Value to accelerate returns, reduce implementation risks, and demonstrate investment success. Evaluating solutions should consider not just capabilities but how quickly benefits materialize, as extended Time-to-Value increases costs and delays competitive advantages.
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