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Key Takeaways
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- Harness Value Stream Management (VSM) to optimize the end-to-end processes that deliver value to customers.
- Discover how you can use ValueOps by Broadcom to break down silos and boost business and IT alignment.
- Adopt ValueOps solutions to improve visibility, boost operational efficiency, and achieve significant ROI.
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SAN JOSE, Calif., November 27, 2023 – Broadcom today revealed the findings of a Forrester Consulting Total Economic Impact™(TEI) study, which found that a representative ValueOps by Broadcom customer achieved a 471% return on investment (ROI) over three years, with potential payback of approximately $81.6M in nine months. The Forrester study, commissioned by Broadcom, examines the potential return on investment (ROI) enterprises may realize by deploying ValueOps Value Stream Management by Broadcom.
“At its core, value stream management is about optimizing customer value. ValueOps from Broadcom is designed to enable and empower teams to overcome digital transformation obstacles to deliver customer value from concept to delivery,” said Jean Louis Vignaud, Head of ValueOps, Broadcom. “We believe the TEI study shows the positive impact even the most complex organizations can realize through ValueOps. The representative customer reviewed in the study is but one example of the many companies that have utilized ValueOps to achieve greater visibility, alignment, and efficiency to meet their business goals.”
Value Stream Management (VSM) is a business practice, enabled by technology, that helps organizations optimize the end-to-end processes that deliver value to the customer. VSM has emerged as an essential solution for helping organizations collaborate more effectively and execute more efficiently, helping pinpoint misalignment, eliminate waste, and improve operational visibility. ValueOps from Broadcom helps break down technology silos and makes it easier for business and IT leaders to align priorities, capacity, progress, and results across the enterprise.
The study found Broadcom’s representative customer, a global aerospace manufacturing company with over 10,000 ValueOps users, experienced the following quantified benefits:
- Increased visibility to reduce project waste saved the company $65.4 million. ValueOps maps projects and resources to individual value streams making it easy to see which projects support or do not support the value streams, as well as overlapping and resource-heavy projects that undercut the expected value. This insight allows teams to reallocate resources and move developers to more valuable projects, saving time and costs.
- Improved team efficiency freed up $18.9 million in human resource time. Using common data and software across teams makes communication faster and more intuitive. Using ValueOps’ built-in collaboration tools reduces or even eliminates the need to use multiple platforms to communicate updates.
- Aligned organizational structure delivered $10.3 million in savings. When management has visibility into employees’ contribution to projects, they can easily detect duplication and wasted effort empowering informed decisions about changes to team and/or organizational structure to improve results.
- Streamlined financial processes lowered expenses by $4.3 million. Addressing one of the biggest challenges in value stream delivery, ValueOps connects the DevOps and business reporting sides of the organization, making it possible to develop and communicate annual plans and to provide project managers with the financial impact information they need to manage projects profitably from within one tool.
The customer also realized numerous unquantified benefits such as improved resource dedication to the highest value priorities of the organization, increased alignment on goals and progress, and exposure to new concepts and skills.
Prior to using ValueOps, the study found the representative customer organization relied on homegrown tools, PowerPoints and spreadsheets, and sharing content and information via SharePoint. As a result, people in the organization struggled to agree on project prioritization and to track and communicate progress and problems. After the investment in ValueOps, the interviewee’s organization has realized better alignment on priorities, better measurement and reporting of progress on those priorities, and significant productivity gains from eliminating waste.
Visit Broadcom.com to view the Total Economic Impact study on ValueOps from Broadcom.
About Broadcom
Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops and
supplies a broad range of semiconductor and infrastructure software solutions. Broadcom’s
category-leading product portfolio serves critical markets including data center, networking,
enterprise software, broadband, wireless, storage and industrial. Our solutions include data
center networking and storage, enterprise, mainframe and cyber security software focused on
automation, monitoring and security, smartphone components, telecoms and factory
automation. For more information, go to www.broadcom.com.
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