Insights
How to Calculate Artificial Intelligence ROI?
Accurately calculating the financial return (ROI) of your AI investments is critical for sustainable growth and effective resource management. Using the right metrics when evaluating the effectiveness of your AI projects allows you to clearly demonstrate the value of your investments both in the short term and in the long term.
Basic Steps Used in ROI Calculation:
- Identify the direct and indirect impacts of your AI projects on business processes.
- Clearly define the initial investment costs (technology, infrastructure, training,
integration, etc.). - Measure and quantify the benefits such as increased productivity, cost savings and
revenue growth. - Calculate and continuously monitor your ROI by proportioning the financial benefits
achieved to the initial investments.
To improve the accuracy of the ROI calculation, you can use the following metrics in
particular
- Reduction in operational costs
- Increase in sales and customer conversion rates
- Time savings and workforce optimization
- Increased speed of data analysis and improvements in decision-making processes
Using these methods, you can quantify the benefits of your AI investments and make your
investment strategies more informed.