The 2023 Total Economic Impact (TEI) study from Forrester seeks to understand the potential security-related return on investment that school systems experience after installing Microsoft 365 Education A5. Prior to the upgrade, many schools experienced security hacks by way of ransomware payments, recovery efforts, brand damage and a disruption to daily school activities. Investment in the upgrade to A5 has resulted in being better prepared for security threats, an increase in compliance activity, and an increase in security cost savings.
What are the key benefits of Microsoft 365 Education A5 for schools?
Microsoft 365 Education A5 offers several benefits for K-12 schools, including improved security and compliance, which can reduce significant breaches by 15% and lower remediation costs by 29%. Additionally, schools can consolidate their security solutions, leading to a 30% reduction in license costs, which translates to approximately $1.1 million in savings over three years. The platform also enhances efficiency, allowing schools to avoid a 50% increase in IT security staff, resulting in about $545,700 in labor savings.
How does Microsoft 365 Education A5 impact higher education institutions?
Higher education institutions benefit from Microsoft 365 Education A5 through improved security and compliance, which can decrease significant breaches by 15% and reduce remediation costs by 29%, amounting to around $1.2 million in savings over three years. The consolidation of security vendors can also lead to a 30% reduction in license costs, saving approximately $1.7 million. Furthermore, the platform enhances operational efficiency, allowing institutions to avoid a 40% increase in IT security staff, resulting in about $1.1 million in labor savings.
What is the overall financial impact of Microsoft 365 Education A5?
Organizations using Microsoft 365 Education A5 can expect significant financial benefits. For K-12 schools, the total benefits over three years are estimated at $4.22 million against costs of $1.94 million, yielding a net present value (NPV) of $2.28 million and an ROI of 118%. Similarly, higher education institutions can anticipate benefits of $7.28 million versus costs of $3.19 million, resulting in an NPV of $4.09 million and an ROI of 128%.