Will migrating our database to an SSD speed up the Application?

SUGGESTED

We are currently wonder what the best bang for our buck would be in terms of upgrading our server to allow quicker reports, faster database upgrades, and less chance of the drive failing. 

I have proposed that we switch our 4tb HDD to a Samsung 4tb drive and am wondering if any of you have done something similar to this. If so, what have your results been? Have you noticed an increase in speed? 

Any thoughts would be much appreciated, thanks!