UpKeep
UpKeep
The Forrester Total Economic Impact of UpKeep
Summary
Forrester conducted a study on a well-known manufacturer to measure the total economic impact of UpKeep and found substantial cost savings and improved efficiency.
Value Drivers
Quantitative Metrics
Name
Total savings
Value
$1.40
Unit
M USD
Category
Financial
Measurement Period
—
Baseline Value
—
| Name | Value | Unit | Category | Measurement Period | Baseline Value |
|---|---|---|---|---|---|
| Total savings | $1.40 | M USD | Financial | — | — |
Quantitative Metrics
Name
Cost Reduction
Value
27%
Unit
percentage
Category
Financial
Measurement Period
—
Baseline Value
—
| Name | Value | Unit | Category | Measurement Period | Baseline Value |
|---|---|---|---|---|---|
| Cost Reduction | 27% | percentage | Financial | — | — |
Qualitative Metrics
- Improved user experience
Quantitative Metrics
Name
Processing Time
Value
58%
Unit
percentage
Category
Operational
Measurement Period
—
Baseline Value
—
| Name | Value | Unit | Category | Measurement Period | Baseline Value |
|---|---|---|---|---|---|
| Processing Time | 58% | percentage | Operational | — | — |
Qualitative Metrics
- Enhanced data security
Challenges
- High time spent on filling work orders
- Lack of real-time visibility into operations
- Difficulty in scaling current infrastructure
2 more challenges available
Solutions
- Implementation of UpKeep's asset operations management software
Outcomes
- Savings of over $1.4M
- Achieved 24/7 real-time visibility and monitoring
- Successfully scaled operations to support 3x growth
2 more outcomes available
Products
Software
UpKeep
Asset Operations Management Software
Target Organization
unknown
Industry:Manufacturing
Quantitative Metrics
Name
Total savings
Value
$1.40
Unit
M USD
Category
Financial
Measurement Period
—
Baseline Value
—
| Name | Value | Unit | Category | Measurement Period | Baseline Value |
|---|---|---|---|---|---|
| Total savings | $1.40 | M USD | Financial | — | — |
Quantitative Metrics
Name
Cost Reduction
Value
30%
Unit
percentage
Category
Financial
Measurement Period
—
Baseline Value
—
| Name | Value | Unit | Category | Measurement Period | Baseline Value |
|---|---|---|---|---|---|
| Cost Reduction | 30% | percentage | Financial | — | — |
Qualitative Metrics
- Improved user experience
Quantitative Metrics
Name
Processing Time
Value
42%
Unit
percentage
Category
Operational
Measurement Period
—
Baseline Value
—
| Name | Value | Unit | Category | Measurement Period | Baseline Value |
|---|---|---|---|---|---|
| Processing Time | 42% | percentage | Operational | — | — |
Qualitative Metrics
- Enhanced data security