Determining the objective value of using technology to help prevent losses or improve strategic alignment can be problematic. Despite the very real value associated with those activities, calculating a specific value without having an actuary assess probabilities and amounts is extremely difficult. Not everything that counts can be counted.
It's important to demonstrate the value of technology to secure an investment. This will expedite approvals and get the technology in your hands faster, so that you can start having an impact sooner.
Origami Risk outlines some foundational ROI considerations for your risk, compliance, and safety technology journey.