Intelligent CISO Issue 43 - Page 63

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The Total Economic Impact
Of IBM Security Verify
Through customer interviews and data aggregation , Forrester concluded that IBM Security Verify has the following three-year financial impact .
“ IBM Security Verify is a very comprehensive platform with SSO , MFA , and identity governance suitable for all our constituents including business-to-employee , business-to-business , and business-to-consumer use cases .”
Interviewed customer
User benefits over three years :

$ 10.1M

Developer benefits over three years :

$ 269K

Infrastructure cost avoidance benefits :

$ 82K

VOICE OF THE CUSTOMER
“ I know the benefits created by Security Verify have exceeded the costs . We are saving money in the areas of infrastructure cost avoidance , IAM administration , and the ability of developers to integrate
Total costs identity-related functions into applications .”
Total benefits
Interviewed customer
CASH FLOW CHART ( RISK-ADJUSTED )
FINANCIAL SUMMARY Three-year risk-adjusted
ROI
619 %
NPV
$ 9.1M
PAYBACK
< 6 months
Cash flows
$ 12.0 M
$ 10.0 M
$ 8.0 M
Total costs Total benefits
Cumulative net benefits
$ 6.0 M
$ 4.0 M
$ 2.0 M
Payback period : < 3 months
Total benefits PV , $ 10.6M
- $ 2.0 M Initial Year 1 Year 2 Year 3
Total costs PV , $ 1.5M
Initial
Year 1
Year 2
Year 3
This document is an abridged version of a case study commissioned by IBM titled : The Total Economic Impact Of IBM Security Verify , July 2020 . © 2020 Forrester Research , Inc . All rights reserved . Forrester is a registered trademark of Forrester Research , Inc .
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