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Economic goal metric
In a similar vein, measurable economic goal metrics include the following:
- Capital expenditure avoidance
- Consumption billed as a utility
- Lower barriers to market entry
- Shared infrastructure costs
- Lower management overheads
- Immediate access to the application
- Immediate termination option
- Enforceable SLAs
- High benefit-cost ratio
There are also metrics for performance and price-to-performance that can provide very clear comparisons between providers, services, and strategies. Using these next-level metrics can move the ROI conversation forward quickly when aligning solutions to an organization's goals and expected outcomes. This type of transparent data also helps build consensus, eliminate politics, and facilitate cultural adoption within the enterprise.