#AskRaghav | Template for ROI Calculation for Automation Testing

All Free Tutorials 🟢 R O I = Return On Investment 00:00 Intro 00:17 Topics 00:40 What is ROI 03:22 Areas to consider in the ROI calculation 06:35 Why do we need to calculate ROI 08:56 Examples with downloadable spreadsheet templates 13:27 Tips for ROI Calculation What is ROI Cost - Benefit analysis It measures the return or gain on an investment relative to its cost ROI = (Profit - Costs) / Costs * 100 % E.g. an investment with a cost of $100 and a profit of $100 would have an ROI of 1, or 100% when expressed as a percentage This process does not only gives us information and metrics on profits and gains, but also in a way covers a feasibility check for automation. I gives idea on what all tools, platforms, resources we will need How much time will it ... #RaghavPal #ROI_calculation_for_Automation_Testing #Measuring_Automation_Testing_ROI #Return_on_Investment_in_Automation_Testing #Automation_Testing_cost_analysis #Efficiency_gains_from_Automation_Testing #Automation_Testing_benefits_evaluation #Automation_Testing_cost_savings #ROI_metrics_for_test_automation #Calculating_Automation_Testing_ROI 20231107 tzJVLVVEoNc