What is Application Impact Score?
The Application Impact Score is a metric that assesses an app’s value relative to its cost and usage. It is calculated based on factors like business value, cost efficiency, and user engagement, providing a comprehensive measure of each app’s effectiveness.
Why it Matters
The Application Impact Score helps organizations evaluate the ROI of their software tools. By comparing the business value against the cost and usage of each app, businesses can prioritize investments in the most effective tools while eliminating those that don’t deliver sufficient value. This data–driven approach helps streamline app portfolios and improve cost management.
Benefits
- ROI Evaluation – Compares business value to cost and usage.
- Optimized Portfolio Management – Helps businesses focus on high-impact apps.
- Informed Decision Making – Supports data-driven decisions on software investments.
- Cost Optimization – Identifies underperforming apps to eliminate.
