Categories: Wire Stories

Brandfolder by Smartsheet Delivered 273% Return on Investment According to 2022 Total Economic Impact Study

New independent study finds 40% increase in team efficiency and up to 90% time savings when searching for digital assets in Smartsheet�s digital asset management platform

BELLEVUE, Wash.–(BUSINESS WIRE)–Smartsheet, the enterprise platform for dynamic work, today announced the findings of a new commissioned study conducted by Forrester Consulting on behalf of Brandfolder by Smartsheet. The study reveals that a composite organization using Brandfolder as its digital asset management platform achieved $1.13 million in benefits over three years, with payback within six months.


The new study, The Total Economic ImpactTM of Brandfolder, found that organizations using Brandfolder realized greater efficiencies for both marketing and creative teams, from asset creation through the distribution of finished marketing collateral to clients and partners. To identify these findings, Forrester created a composite organization informed by interviewees from five Brandfolder stakeholders across multiple brands and industries.

The benefits identified led to improved productivity, greater content distribution efficiency and the ability to retire legacy systems. Specifics for the composite organization include:

  • Efficiency gains of more than $600,000 over a three-year period for marketing teams;
  • A 40% reduction in time spent creating, uploading, tagging and searching digital assets and a 15% efficiency gain in content distribution; and
  • Cost savings and productivity improvement with a combined value of more than $220,000 achieved over a three-year period from retiring a legacy system.

The study also found several unquantified benefits including increased employee adoption, simplified global operations, and greater visibility, consistency, and control of digital assets.

One interviewee, an associate in partner marketing, stated, “I am not a tech-savvy person, and I can navigate Brandfolder without issues,” and another interviewee, a senior experience designer at a hospitality e-commerce brand, said, “[When] you need to find an asset, it’s [always] in Brandfolder. You need a photo, you need the color, you need an icon, you need a style guide—it’s all in Brandfolder.”

“Content is no longer just the domain of creative and marketing teams. Every team at an organization touches content in some way, and while some have tools to store these assets, many still struggle to organize, manage, distribute, and gain performance insight into their assets with a powerful, centralized, and easy-to-use solution,” said Jim Hanifen, Head of Product and Engineering, Brandfolder at Smartsheet. “We’re happy to see the Forrester study validate, in our opinion, the end-to-end benefits we know an organization can realize after implementing a digital asset management platform like Brandfolder. These benefits are what thousands of Brandfolder customers across the globe have already realized, unlocking new value and immediate impact for any campaign.”

Learn more about how organizations like Getty, P.F. Changs and McLaren Racing are increasing productivity and efficiency while saving time and money with Brandfolder here.

About Smartsheet

Smartsheet (NYSE: SMAR) is the enterprise platform for dynamic work. By aligning people and technology so organizations can move faster and drive innovation, Smartsheet enables its millions of users to achieve more. Visit www.smartsheet.com to learn more.

Contacts

Chrissy Vaughn

pr@smartsheet.com

Alex

Recent Posts

Mitsubishi Electric and Musashi Energy Solutions Sign Partnership and Co-Development Contract

Collaboration expected to advance carbon neutrality in the global railway industry TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation…

20 mins ago

KRAFTON Achieves Record-high Sales of 665.9 billion KRW in 1Q24

Growth across all business areas driven by stable growth of PUBG: BATTLEGROUNDS IP Dark and…

22 mins ago

NetApp and Lenovo Offer Converged Infrastructure Solution Optimized for GenAI

Simple, affordable, and powerful infrastructure solution makes AI more accessible for enterprises SINGAPORE - Media…

1 hour ago

NetApp Unveils Unified Data Storage Built for the AI Era

Intelligent data infrastructure powered by the new AFF A-Series with integrated data services turbocharges AI…

1 hour ago

Atria-City Dental Group Celebrates 30th Anniversary Alongside World Health Day With Special Dental Package To Increase Oral Health Awareness

SINGAPORE - Media OutReach Newswire - 15 May 2024 - Atria-City Dental Group, a multidisciplinary…

2 hours ago

Actions Technology’s Smart Watch SoC Adopted VeriSilicon’s 2.5D GPU IP

Providing high-performance, high-quality vector graphics processing capabilities for smart wrist-worn devices SHANGHAI--(BUSINESS WIRE)--#AIoT--VeriSilicon (688521.SH) today…

2 hours ago