Data & Intelligence

SPSS – Making good on an investment

Research

(for example, “The Real ROI from SPSS”, NUCLEUS Research 2005),

shows that IBM SPSS is a safe investment and indicate that 94 percent of SPSS customers achieve a positive return within less than a year! These returns are found by way of reduced costs, increased productivity, increased employee and customer satisfaction and greater visibility.

In a study, NUCLEUS Research invited 61 organizations to be included in a sample that included public and private companies and organizations in transportation, retail, health care, education, professional and business services, and technology and according to their findings:

“The majority of companies provided details of their deployments on condition of anonymity. Nucleus analysts contacted companies and investigated various aspects of their SPSS deployments that would impact ROI, including what technology they were using, why and when they selected SPSS, the deployment process and budget, expected and achieved benefits, expected and incurred costs, training, consulting, deployment challenges, and other issues associated with the deployment.”

“Ninety-four percent of customers had achieved a positive ROI from their SPSS deployment with an average payback period of 10.7 months. Eighty-one percent of SPSS projects were deployed on time; 75 percent were deployed on or under budget.”

 

Ninety four present? I’ll take that!

 

That NUCLEUS study not only outlined some of the important benefits of using SPSS, but described average costs of SPSS projects.

 

Data Intelligence - The Future of Big Data
The Future of Big Data

With some guidance, you can craft a data platform that is right for your organization’s needs and gets the most return from your data capital.

Get the Guide

The benefits included:

 

Reduced Costs

A number of customers were able to identify cost savings areas using SPSS to measure performance. In some cases, even a small percentage in savings identified through predictive modeling delivered significant returns.

 

Increased Productivity or Reduced Head Count

Tools that reduced the time needed to analyze information and the ability for business users to do their own reporting and analysis without involving programming specialists were key drivers for increased productivity from SPSS.

 

Improved Employee and Customer Satisfaction

A number of customers also noted that the ease of use and speed of analysis with SPSS tools enabled analysts to complete their jobs with less frustration.

 

Increased Visibility

The democratization of access to information in many cases enabled SPSS users to rapidly deliver information to decision makers for key strategic planning and other activities. Auditing capabilities also enabled users to track results and support regulatory and other requirements for record keeping.

 

The Costs where outlined as including line items for software, professional services, hardware, personnel time, training and maintenance.

 

In Conclusion

Most if not all, organizations have already made the investment in data so it would be foolish not to use that data. According to the aforementioned research report, it’s a sure bet that IBM SPSS is the best method.

About the Author

Mr. Miller is an IBM certified and accomplished Senior Project Leader and Application/System Architect-Developer with over 30 years of extensive applications and system design and development experience. His current role is National FPM Practice Leader. His experience includes BI, Web architecture & design, systems analysis, GUI design and testing, Database modeling and systems analysis, design, and development of Client/Server, Web and Mainframe applications and systems utilizing: Applix TM1 (including TM1 rules, TI, TM1Web and Planning Manager), dynaSight - ArcPlan, ASP, DHTML, XML, IIS, MS Visual Basic and VBA, Visual Studio, PERL, Websuite, MS SQL Server, ORACLE, SYBASE SQL Server, etc. His Responsibilities have included all aspects of Windows and SQL solution development and design including: analysis; GUI (and Web site) design; data modeling; table, screen/form and script development; SQL (and remote stored procedures and triggers) development and testing; test preparation and management and training of programming staff. Other experience includes development of ETL infrastructure such as data transfer automation between mainframe (DB2, Lawson, Great Plains, etc.) systems and client/server SQL server and Web based applications and integration of enterprise applications and data sources. In addition, Mr. Miller has acted as Internet Applications Development Manager responsible for the design, development, QA and delivery of multiple Web Sites including online trading applications, warehouse process control and scheduling systems and administrative and control applications. Mr. Miller also was responsible for the design, development and administration of a Web based financial reporting system for a 450 million dollar organization, reporting directly to the CFO and his executive team. Mr. Miller has also been responsible for managing and directing multiple resources in various management roles including project and team leader, lead developer and applications development director. Specialties Include: Cognos/TM1 Design and Development, Cognos Planning, IBM SPSS and Modeler, OLAP, Visual Basic, SQL Server, Forecasting and Planning; International Application Development, Business Intelligence, Project Development. IBM Certified Developer - Cognos TM1 (perfect score 100% on exam) IBM Certified Business Analyst - Cognos TM1

More from this Author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe to the Weekly Blog Digest:

Sign Up