Last year $5.7 Trillion moved from tech consumers to tech producers. That’s 5% of the global GDP and it’s growing at 10% per year. And by-in-large the only decision factors in directing that spend were direct cost and does it meet the business & performance needs. If it was a really large spend item then you might take into account other things such as vendor lock-in or external risks to the company but there was no singular measure the company had across business functions to make better technology management decisions.
What tech needs is better insights and visibility into the True Cost of their daily decisions. They have an outsized opportunity to positively impact the company’s profitability and as an added benefit help conserve the very limited resources that we have on the planet. They just need the data and analytics in front of them when they’re undertaking their daily tasks and priorities showing them these other costs and material risks that need to be considered. They need their True Cost.
The team saw this need and so we built it. Terra Trust AI brings together vast amounts of material public information combined with a company’s data to build a comprehensive picture of the True Cost of the daily undertakings of tech allowing them to make better business decisions.
