Today Skuid announced two major sources of validation and growth. In addition to being the recipient of a coveted Stevie Award for New Product of the Year, Skuid unveiled the findings of its March 2017 commissioned study, The Total Economic Impact™ Of Skuid, conducted by Forrester Consulting.
The study examines the potential return on investment (ROI) enterprise companies realize by deploying Skuid, the leading cloud platform for assembling bespoke enterprise apps with no code required. Among the reported results, Forrester Consulting found that Skuid delivered an ROI of 365%, with a payback period of just one month.
Forrester Consulting completed in-depth interviews with four Skuid customers of varying industries and sizes to measure the cost savings and business benefits observed from using Skuid to build bespoke apps.
With little to no code, these customers built apps completely tailored to their specific business needs and goals, including but not limited to inside sales apps, pipeline management apps, and business process management apps.
The interviewed customers were compiled into a composite organization based on shared characteristics, and the findings are shared in the aggregate.Prior to using Skuid, the customers struggled to improve the efficiency of their existing business processes, and consequently had difficulty meeting business goals.
They used Skuid to digitally transform their business processes to increase the speed of innovation and accelerate the time-to-market and revenue returns.
Forrester Consulting quantified the following benefits for the composite organization from Skuid, over a six month period: 365% ROIOne month payback period73% faster development cycles“Organizations struggle to create applications that truly match their exact business needs.
Skuid turns app development on its head, offering a radically new way for enterprises to be more engaged and responsive with their customers, and more agile in their markets,” says Ken McElrath, Skuid cofounder and CEO. “With Skuid, companies can keep up with the demands of ongoing digital transformation, building comprehensive apps, tailored to the their exact needs, at blazing speed.
This study definitively proves that with Skuid, companies can innovate faster, improve adoption and drive astounding productivity, no code required.” In addition to these significant findings, Skuid announced yesterday that they won a Stevie® Award in the New Product of the Year category.
The American Business Stevie® Awards are the nation’s premier business awards program. Stevie® Awards competitions receive more than 10,000 entries each year from organizations in more than 60 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide.
More than 190 professionals worldwide including industry analysts, journalists, and other industry experts participated in the judging process to select this year’s Stevie® Award winners.Resources:
Download the full study here. Read more Skuid customer case studies here. Request a Skuid demo here. Read the full list of 2017 Stevie® award winners here.
Skuid was founded in 2013 on the simple belief that enterprise software should stop forcing people to behave like machines. Instead, apps should behave more like the humans who use them, so everyone can thrive in the digital world.
With Skuid’s simple-to-use but incredibly robust cloud front-end design-and-deploy platform, anyone can connect to disparate data sources, assemble highly complex, made-to-order applications, and instantly make changes, all without writing code.
More than 5 million users across 32 countries use Skuid to engage with each other, with data, and with new customers in meaningful ways. For more information, visit http://skuid.com/.