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Procurement Market Intelligence Report

Authentication Software Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Authentication Software?

What is the average price of Authentication Software?

This procurement report includes pricing information to help you purchase Authentication Software. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Authentication Software been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Authentication Software yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Authentication Software?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Authentication Software with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Authentication Software?

There is a moderate level of market share concentration among authentication software providers, with the four largest vendors accounting for about 45.0% of total market revenue in 2018. The overall number of providers has been slowly rising during the past three years as demand for authentication software has been increasing... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Scope of Devices

For what kinds of devices do you offer authentication solutions?

What authentication options do you have for employees that work remotely?

Do you have any applications that can be downloaded onto mobile devices?

How do you manage and track authentication solutions downloaded onto mobile devices?

Cloud Computing

What cost savings do your cloud-based authentication solutions provide compared with solutions installed on my organization's computers? Do I sacrifice any functionality by using cloud-based authentication software?

How do you deal with passwords or usernames that have been compromised?

Where are your servers located? How do you ensure 100% uptime and reliability?

Have your customers ever experienced slowdowns with your authentication solutions?

Administration & Management Options

What kind of software do you offer that can be used to manage and keep track of users?

How do you remove or add users that will need authentication?

Can you provide real time data for login information?

What is the maximum number of users that can be tracked with your management software?

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Key elements for every RFP

What should my Authentication Software RFP include?

Project Budget

Buyers should state the number of expected software users (if known) and the level(s) of software access required.

Buyers should detail the cost model and contract terms for annual ongoing costs (e.g. system support, upgrade and maintenance charges).

Selection Criteria

Buyers should consider vendors that offer a solution that meets the requirements of the RFP.

Buyers should review the experience of vendors based on client references and the quality of their customer service.

Buyers should evaluate providers based on the estimated costs of the authentication software and related services.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should provide the timeline of the RFP and project.

Buyers must include the date when proposals are due and when the award information will be made available.

Buyers should provide any other important benchmark dates (e.g. product demonstration date).

Evaluate major factors to mitigate risk

How risky is the Authentication Software supply chain?

Material inputs represent a minor portion of suppliers’ cost structure, thereby resulting in low supply chain risk. The greatest risk for providers comes from the need to hire and retain skilled programmers. Hiring qualified staff can be a competitive process, requiring companies to pay high salaries and keep wage costs... Subscribe to learn more.

HIGH

MEDIUM

LOW