RapidKnowHow ROICE™ Formula – Return on Innovation, Convenience & Efficiency
🔍 ROICE™ Formula Components (Proprietary Definitions)
1. Innovation Value (IV)
= Market Disruption Level × Client Transformation Potential
(Score each from 1–10)
2. Convenience Score (CS)
= (UX Simplicity Score + Integration Speed) ÷ 2
(Scores: 1–10 each)
3. Efficiency Gain (EG)
= (Time Savings % + Cost Savings % + Error Reduction %) ÷ 3
4. Time-to-Result (TTR)
= Days or weeks to first visible value
5. Cost-to-Implement (CTI)
= € or $ to deploy solution
🧮 ROICE™ Calculation Example
Inputs:
- IV = 81
- CS = 9.5
- EG = 70%
- TTR = 7 days
- CTI = €1,000
Result:
ROICE = (81 × 9.5 × 0.70) ÷ (7 × 1,000) × 100 = 769.5%
✅ This business model delivers exceptional returns above the 200% threshold.
🛡️ Proprietary Advantage of ROICE™
- Unique to RapidKnowHow — positions your solution far beyond ROI or ROCE.
- Quantifies Soft Power: Like Convenience, Speed, and Simplicity.
- Drives Decision-Making: Clear metric for buyers, investors, licensees.
- Repeatable Framework: Each product, solution, or license can be benchmarked with ROICE.
