Learn about actual and potential costs
How much should I pay for Backup & Archival Software?
What is the average price of Backup & Archival Software?
This procurement report includes pricing information to help you purchase Backup & Archival 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 Backup & Archival 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 Backup & Archival 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 Backup & Archival 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 Backup & Archival 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 ?
The market for backup and archival software is highly concentrated, with the top four vendors accounting for over 50.0% of the market in 2019. Altogether, about 150 suppliers operate in this market. High barriers to entry keep the number of suppliers low and market concentration high. New suppliers struggle against... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Do you also offer security software? If so, what are they?
Do you also sell computer servers? If so, what are their technical specifications?
What other hardware and software do you recommend my company purchase in conjunction with backup and archival software? Do you offer any or all of these?
What discounts do you offer to customers that purchase multiple products from you?
What advantages would we gain from purchasing all of our network hardware and software from you?
What other backup and archival software providers are your biggest competitors?
How does your company differentiate itself from its competitors?
Has your company gained or lost market share in recent years? Why?
What do customers cite as the main reason they chose your software over the others available?
How much year-to-year turnover in clients do you experience?
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Key elements for every RFP
What should my RFP include?
Buyers should specify their budget for backup or archival software.
Buyers should specify their preferred terms for invoicing and payment.
Buyers should explain whether they wish to bundle any other software solutions with their purchase of the software to achieve a discount.
Buyers can reference the Benchmark Price section of this report to verify that they are receiving a competitive price for their software purchase.
Buyers should evaluate providers based on whether their backup or archival software offers desired features.
Buyers should consider whether the software will integrate well into the buyer's current IT infrastructure.
Buyers should evaluate the quality of providers’ customer and technical support.
Buyers can reference the Buyer-Decision Scorecard section of this report for additional selection criteria.
Buyers should specify the final date by which proposals must be submitted for consideration.
Buyers should provide the date when vendors will be notified about contract awards.
Buyers should indicate the date by which they expect demos to occur, if applicable.
Buyers should include the date by which they expect the software to be implemented.
Evaluate major factors to mitigate risk
How risky is the supply chain?
Supply chain risk for backup and archival software vendors is low. Vendors do not rely on critical physical inputs to produce and maintain their products. As a result, buyers do not need to worry about sudden price spikes or service interruptions resulting from supply chain issues, which enhances buyer power... Subscribe to learn more.