Skip to content
Contact
Login
Schedule Demo
Contact
Schedule Demo
  • Why Crowd Machine?
  • Platform
    • Platform Overview
    • Crowd Machine GO
    • Crowd App Studio
    • Crowd Academy
    • Schedule Demo
  • Solutions
    • Crowd Machine for Insurance
    • Healthcare Modernization
    • Asset Based Lending Solutions
  • Capabilities
    • Legacy Modernization
    • Cloud Migration
    • Enterprise Application Integration
    • Enterprise Grade
    • Business Applications
    • No-Code Application Development
    • Schedule Demo
  • Partners
  • Company
    • About Us
      • Craig Sproule | Crowd Machine
    • News
      • Press Releases
      • Blog
      • Media Coverage
      • Other
    • Videos
    • Webinars
    • FAQs
    • Careers
    • Contact Us
Menu
  • Why Crowd Machine?
  • Platform
    • Platform Overview
    • Crowd Machine GO
    • Crowd App Studio
    • Crowd Academy
    • Schedule Demo
  • Solutions
    • Crowd Machine for Insurance
    • Healthcare Modernization
    • Asset Based Lending Solutions
  • Capabilities
    • Legacy Modernization
    • Cloud Migration
    • Enterprise Application Integration
    • Enterprise Grade
    • Business Applications
    • No-Code Application Development
    • Schedule Demo
  • Partners
  • Company
    • About Us
      • Craig Sproule | Crowd Machine
    • News
      • Press Releases
      • Blog
      • Media Coverage
      • Other
    • Videos
    • Webinars
    • FAQs
    • Careers
    • Contact Us
Menu
  • Why Crowd Machine?
  • Platform
    • Platform Overview
    • Crowd Machine GO
    • Crowd App Studio
    • Crowd Academy
    • Schedule Demo
  • Solutions
    • Crowd Machine for Insurance
    • Healthcare Modernization
    • Asset Based Lending Solutions
  • Capabilities
    • Legacy Modernization
    • Cloud Migration
    • Enterprise Application Integration
    • Enterprise Grade
    • Business Applications
    • No-Code Application Development
    • Schedule Demo
  • Partners
  • Company
    • About Us
      • Craig Sproule | Crowd Machine
    • News
      • Press Releases
      • Blog
      • Media Coverage
      • Other
    • Videos
    • Webinars
    • FAQs
    • Careers
    • Contact Us

News Flash for Insurance and Financial Services

Crowd Machine documents cost savings, accelerated delivery and ROI. Examples include Claims Acceleration and Automation, Medicare/Medical Solutions, Lending Solutions. Enhance Business Process in 3 months!

We recently collaborated with a CIO of one of our clients to estimate what adoption of Crowd Machine’s technology means for his firm’s enterprise application solutions and the related enhancement to operations and customer service. We started by developing some metrics around 12 projects under consideration for development. We compared development by traditional methods versus development with Crowd Machine,  based on the firm’s prior experience with both. We documented the estimated cost, value, and projected ROI over 36 months and an assigned Value Factor used to prioritize development. Value is defined as savings on execution of current business processes, expansion of the firm’s supply of their product or service in current or new markets, or entire new products and services.

  • 36 Month Cost to develop 12 projects traditional method, $7.624M
  • Cost to develop 12 projects on Crowd Machine $4.724M
  • ROI on 12 projects with Crowd Machine $52.826M
  • Value Factor (ROI/Cost) 11.55

Want to share this article?

Share on Facebook
Share on Twitter
Share on LinkedIn
Share via Email
  • March 24, 2020
Contact Us

Sales: 1-888-706-2593
Support: 1-888-818-6118

Platform

Platform Overview
Crowd Machine GO
Crowd App Studio
Crowd Academy

Solutions

Enterprise Grade
Business Applications
For Developers
Learn To Make Apps

Company

Why Crowd Machine?
Partners
Careers
Contact Us

Follow Us

Facebook
LinkedIn
Twitter
YouTube

© Crowd Machine 2020       |     Terms of Use      |      Privacy Policy

Download and view the on-demand Legacy Modernization webinar, today!

See how you can increase operational efficiency, reduce IT complexity and related costs, accelerate technology delivery and automate underwriting workflows.

Download Now
  • Crowd App Studio
  • Crowd Academy
  • The Cadet Corner
  • Crowd Machine | Crowd Share
  • Crowd Computer
  • Crowd Machine | Enterprises
  • Startups
  • Crowd Machine | Developers
  • OLD – Blockchain
  • OLD – Integration
  • About Us
  • Crowd Machine | Labs
  • Partners
  • CMCT
  • Articles
  • Careers
Menu
  • Crowd App Studio
  • Crowd Academy
  • The Cadet Corner
  • Crowd Machine | Crowd Share
  • Crowd Computer
  • Crowd Machine | Enterprises
  • Startups
  • Crowd Machine | Developers
  • OLD – Blockchain
  • OLD – Integration
  • About Us
  • Crowd Machine | Labs
  • Partners
  • CMCT
  • Articles
  • Careers