Viso Suite economic impact study

Viso Suite: 695% ROI, payback within 3 months

Read this study to learn how several customers leveraged Viso Suite to develop, deploy, and scale computer vision applications faster and more efficiently, achieving better performance and lower costs.

The Economic Impact study was conducted to evaluate Viso Suite’s cost of ownership and return on investment across a variety of different factors.

End-to-End benefits and cost savings

Traditional computer vision development methods, fragmented software tools, and the lack of experienced engineers are costing organizations lots of time and leading to inefficient, low-performing, and expensive AI systems.

The Viso Suite is the world’s only end-to-end computer vision application development platform. Using Viso Suite, organizations could manage the entire computer vision lifecycle end-to-end, build and deliver better applications faster, and automate complex tasks with groundbreaking technology. Read how organizations using Viso Suite see significant benefits:

• 3-Year ROI of 695%
• 85% reduction in time-to-value of computer vision applications
• 75% reduction in manual coding labor
• 9x higher productivity by using automated AI infrastructure
• Total benefits of over $6.7 million over three years

The Viso Suite Computer Vision Application Development Platform Customer Journey

Interviewed Customers

For this study, interviews were conducted with seven Viso Suite customers. Interviewed customers include the following:

The Composite Organization

The data from the seven customer interviews was used to create a composite organization to illustrate the quantifiable benefits and cost savings that can be achieved using the Viso Suite platform.

This Organization is based on a combination of attributes and feedback collected from customers interviewed for this study. It is a global company headquartered in North America with operations in Europe and Asia. The firm serves both B2B and B2C customers, has 10’000 employees, and has $5 billion in annual revenue.

Prior to investing in Viso Suite, the Organization struggled to keep up with strategic AI trends and failed to implement computer vision use cases. Concurrently with Viso Suite, the Organization maintains legacy solutions and is limiting its footprint by building all new applications within Viso Suite. The platform allows the composite to build, deploy, and maintain a portfolio of computer vision applications.

The composite purchased Viso Suite with the following business objectives in mind:

Analysis Of Benefits

Quantified Benefit and Cost Data

Note: Atr, Btr, Ctr, Dtr, and Etr refer to totals in the tables below.

The table above shows the total of all benefits across the areas listed below, as well as present values (PVs) discounted at 10%. Over three years, the composite organization expects risk-adjusted total benefits to be a PV of more than $6.6 million.

Increased FTE Productivity with Automation

Evidence and data.

Prior to its investment in Viso Suite, the Organization’s development policies relied on traditional languages, frameworks, and legacy systems and required manual data verification and integration. This resulted in error-laden and poor-quality data entry. This lengthy and costly process was unacceptable to the Organization’s business units.

Interviewed Viso customers reported they were able to increase development productivity, decrease personnel costs, and reduce application costs using the Viso Suite platform. This was due to the following Viso Suite features and functionality:

Analysis of costs

Viso Suite Fees

Included in this cost category are a variety of components, all of which are paid to Viso. Many of the items below are considered add-ons to the platform; the base licensing fee for a Viso Suite Workspace range from $49k to $99k. The costs below are for the composite Organization.

The Viso Suite fees are based on a three-year commitment using the Enterprise Edition. Readers can learn more about the features and functionality of the Viso Suite platform by reading the Overview section of this study.