The Forrester Total Economic Impact™ of Cisco Duo Report Shows Significant Returns on Investment
Cisco commissioned Forrester Consulting to conduct a study that shows what the return on investment (ROI) is for Cisco Duo customers. In total, customers saved $3.23 million NPV (net present value) and had a 159% ROI.
Read the study – The Total Economic Impact™ of Cisco Duo – now.
Forrester conducted a survey of 351 cybersecurity leaders at global enterprises in the U.S., the U.K., Canada, Germany and Australia. The survey included managers, directors, VPs and C-level executive decision makers. The survey sought to evaluate cybersecurity strategies and breaches that might have occurred. For the bulk of the study five representatives at four organizations were interviewed in-depth to create a single composite company.
The study has surfaced some interesting findings. Some of the key challenges companies face are the high risk of a credentials-related security breach. By deploying Duo, the composite company used the insights that Duo delivered to reduce credentials-related security breaches at a value of $792,000, according to the study. The study also showed a savings of $326,000 from avoided costs of prior authentication solutions. Moving to Duo eliminated the expenses for annual maintenance and support fees compared to the previous solution. Other solutions require extra staff to manage the solution, while Duo reduces the need for extra headcount.
After the investment in Duo, the interviewees’ organizations saved time for end users, help desk staff, security analysts, and other IT staff. They also reduced their risk of a credentials-related security breach because of the intelligence Duo provided and their more rigorous application of access-related security policies.
Companies today have many choices when it comes to multi-factor and security solutions. Finding the best solution can be challenging based on what criteria and standards the solution may have to meet. Today many environments are hybrid and companies have a diverse set of applications in the cloud and on-premises that need to be protected with varying degrees of access to different groups of people.
In this study, you’ll learn:
A three-year breakdown of Duo’s NPV in a composite organization, including the estimated payback timeline
The quantified risk-savings value resulting from a Duo Security integration
The estimated total costs, from Cisco’s feed to internal deployment effort cost
An in-depth breakdown of what a Duo customer’s journey might look like
Duo protects against breaches with a leading access management suite that provides strong multi-layered defenses and innovative capabilities that allow legitimate users in and keep bad actors out. For any organization concerned about being breached and needs a solution fast, Duo quickly enables strong security while also improving user productivity.
Download the Forrester “Total Economic Impact of Cisco Duo” study today.
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