Independent Consulting Firm’s Total Economic Impact Study Finds OneLogin Delivers 482% ROI With Two Month Payback for Customer
Organization Also Realized Risk-adjusted Benefits of $3,425,833 Over Three Years
San Francisco, CA – May 3, 2016 - OneLogin, the identity management provider bringing speed and integrity to the modern enterprise, today announced the findings of a Forrester Consulting Total Economic Impact™ (TEI) study of the OneLogin solution that resulted in a 482 percent ROI with just a two month payback for an existing OneLogin customer. The April 2016 Forrester Consulting Total Economic Impact Impact™ (TEI) was commissioned by OneLogin and conducted by Forrester Consulting on their behalf.
Prior to investing in OneLogin, the customer, a global manufacturing firm (who chose to remain anonymous and is hereafter referred to as the “Organization”), was using a homegrown single sign-on solution for its cloud applications.
Forrester quantified additional risk-adjusted benefits of $3,425,833 over three years versus costs of $588,548, equating to a net present value (NPV) of $2,837,285. Key benefits include:
- Faster access to cloud-based systems and applications throughout the day — $3,043,803.
- Reduced service desk labor due to fewer user password reset requests — $195,840.
- Faster integration with new systems using OneLogin’s connectors — $54,387.
- Security administration savings with OneLogin — $131,803.
“The Organization cited in this Forrester TEI study is representative of many companies whom OneLogin has helped achieve their overall strategic vision of moving their applications to the cloud,” said David Meyer, OneLogin Vice President of Product and Online Business. “OneLogin empowered their IT team to drive the transformation, providing them with secure access spanning all office and remote users, all devices and every application.”
The Organization in the TEI study had approximately 12,500 employees and 17,500 external users of OneLogin, each using OneLogin’s single sign-on (SSO) functionality. Prior to its investment in OneLogin, users were struggling with a growing number of passwords and login instructions. Users had to log in separately to numerous cloud applications, including SAP, Oracle CRM On Demand, ServiceNow, Google Apps, Concur, Windchill, Basecamp, and Jive.
As the Organization’s employees and dealers continued to demand more apps, the IT team was looking for a way to make things easier for users. Today, with OneLogin, all these applications — and more — are treated the same from the users’ perspective. The Organization estimates each of the 12,500 employees saves 5 minutes per day not having to log on to several different systems and applications.
“One of the features we find most valuable is the security aspect of OneLogin,” said Supervisor of IT Security, the OneLogin Customer. “It allows us to make sure we’re applying appropriate password standards, second-factor authentication, and other compliance standards for our many cloud applications, which was not the case with our legacy homegrown system.”
To get the free Forrester Consulting Total Economic Impact Impact™ (TEI) study, click here.
About OneLogin, Inc.
OneLogin brings speed and integrity to the modern enterprise with an award-winning single sign-on (SSO) and cloud identity management platform. Our portfolio of solutions secures connections across all users, all devices, and every application, helping enterprises drive new levels of business integrity, operational velocity, and team efficiency across all their cloud and on-premise applications. The choice for innovators of all sizes such as Condé Nast, Pinterest and Steelcase, OneLogin manages and secures millions of identities around the globe. We are headquartered in San Francisco, California. For more information, visit www.onelogin.com, blog, Facebook, Twitter, or LinkedIn.