Microsoft Power Platform is revolutionizing enterprise development by offering low-code tools that enhance efficiency and ROI. A recent Forrester study reveals a staggering 224% ROI and $82 million in net-present value, with organizations experiencing faster development times and significant cost savings. The platform’s capabilities are further amplified by generative AI, enabling quicker workflows and higher success rates in app development.**Bullet Points:**

Maximize ROI with Microsoft Power Platform

In the fast-paced digital landscape, organizations face pressure to enhance efficiency and reduce costs. Microsoft Power Platform emerges as a game-changer, offering low-code tools that streamline enterprise solutions.

What’s New: The Forrester Study Insights

Microsoft commissioned a 2024 Forrester Total Economic Impact™ study to assess Power Platform’s effectiveness. The findings are impressive:

• 224% ROI
• USD 82 million in net-present value (NPV)
• Payback period under six months

These metrics highlight significant advantages from reduced development timelines and IT costs. Additionally, faster solution deployment accelerates revenue growth.

“The benefits stem from reduced development timelines and IT costs, time savings for users, and faster revenue growth.”

Major Updates: Generative AI’s Role

Excitingly, these figures do not yet include the potential of generative AI. Currently, organizations are creating workflow automations twice as fast. Developers are also experiencing a 60% higher success rate with low-code applications.

As generative AI matures, we expect even greater time savings and cost reductions. This evolution will enhance the overall impact of Microsoft Power Platform.

What’s Important to Know: Accelerating Development

Power Platform allows organizations to accelerate development timelines by 35%. This efficiency is achieved by combining traditional development with low-code tools. As a result, companies can bring solutions to market faster and with fewer resources.

Replacing costly legacy tech stacks further amplifies savings. The Forrester study indicates that organizations can reduce tech stack expenses by up to 80% over three years.

“The composite organization achieved a risk-adjusted total of USD 43.6 million in direct development and IT cost savings.”

Real-World Impact: Success Stories

Companies like G&J Pepsi-Cola Bottlers exemplify the benefits of Microsoft Power Platform. They saved over USD 1.5 million by streamlining development processes.

For instance, their IT team quickly built a Store Audit app, saving USD 100,000 in external development costs. They also developed a Parking Lot app in just one day, significantly reducing delivery costs.

Conclusion: Embrace Low-Code Solutions

Investing in low-code tools like Microsoft Power Platform is essential for organizations aiming to enhance efficiency and drive growth. The future looks promising, especially with the integration of generative AI.

• Organizations can accelerate development timelines by 35% using Microsoft Power Platform’s low-code tools.
• The Forrester study highlights a payback period of under six months for investments in Power Platform.
• Companies have reported up to 80% reduction in tech stack expenses within three years.
• Generative AI is expected to further enhance time savings and operational efficiency.
• G&J Pepsi-Cola Bottlers saved over $1.5 million by utilizing Power Platform for app development.

From the Microsoft Power Platform Blog

---