Benefits of International Standards International Standards bring technological, economic and societal benefits. They help to harmonize technical specifications of products and services making industry more efficient and breaking down barriers to international trade. Conformity to International Standards helps reassure consumers that products are safe, efficient and good for the environment. Benefits of standards: the ISO Materials ISO has developed materials describing the economic and social benefits of standards, the ISO Material. They are intended to be shared with decision makers and stakeholders as concrete examples of the value of standards. Facts and figures about the benefits of standards The provides an insight of the approaches and results of the studies undertaken by different authors, such as national and international standards bodies, research institutes, universities and other international agencies. For business International Standards are strategic tools and guidelines to help companies tackle some of the most demanding challenges of modern business. They ensure that business operations are as efficient as possible, increase productivity and help companies access new markets. Benefits include: • Cost savings – International Standards help optimize operations and therefore improve the bottom line • Enhanced customer satisfaction – International Standards help improve quality, enhance customer satisfaction and increase sales • Access to new markets – International Standards help prevent trade barriers and open up global markets • Increased market share – International Standards help increase productivity and competitive advantage • Environmental benefits – International Standards help reduce negative impacts on the environment