The Michigan Data Hub: A Strategic Alignment and ROI Study
A major takeaway from the ROI Study is that Michigan districts can save a significant amount of money by utilizing the Michigan Data Hub. The chart below, excerpted from the study, shows that Michigan districts currently spend about $61M on data quality and data management, $64M on data connections and $38M on state and federal compliance reporting for a total of $163M annually. When fully implemented, the study estimates that the Michigan Data Hub can save districts $56M annually, reducing total costs to $107M. That leaves a lot of extra money that can be put towards educating students.