Learn about actual and potential costs
How much should I pay for Data Management & Query Software?
What is the average price of Data Management & Query Software?
This procurement report includes pricing information to help you purchase Data Management & Query 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 Data Management & Query 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 Data Management & Query 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 Data Management & Query 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 Data Management & Query 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 data management and query software is highly concentrated, harming buyers by enabling market leaders to set higher prices. Although there are about 690 vendors of market software, ProcurementIQ estimates that the top four suppliers (Microsoft, Dell, IBM and Oracle) account for about 80.0% of total revenue. This... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
How do you evaluate customer satisfaction and how frequently? Is this made available to clients?
How have you changed your software in response to customer complaints and suggestions?
If you encounter issues or your client is not satisfied, what steps do you take to address the issue?
Do you have a step-by-step process to handle client issues or complaints? What does that look like?
How often is data backed up?
Can I set automatic backup settings, or must I contact the supplier to do if for me?
In how many locations is software and data stored?
What is your insurance policy against lost, damaged or destroyed data?
Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle increased/reduced demand?
What other companies within my market have you worked with?
What types of solutions did you provide to them?
How long did the relationship last? Why did it end?
What is the average size of your clients in this field?
Can any of your past clients provide references?
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Key elements for every RFP
What should my RFP include?
Buyers should specify their budget for the data management and query software.
Buyers should request detailed information about available software delivery methods and costs.
Buyers can reference the benchmark price and total cost of ownership sections of this report for assistance with creating a budget.
Buyers should evaluate potential vendors based on their ability to meet the functional requirements described in the RFP.
Buyers should evaluate potential vendors based on their ability to provide a superior level of customer service.
Buyers should evaluate potential vendors based on their ability to provide regular enhancements and upgrades.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers need to include the date when proposals are due and when the award will be announced.
Buyers should include key benchmark dates, such as the date by which software demonstration should be booked.
Buyers should outline the terms of the contract and their cancellation policy.
Evaluate major factors to mitigate risk
How risky is the supply chain?
Overall, the risk of disruptions in the supply chain for data management and query software is low because all upstream inputs are widely available to software developers. Moreover, suppliers do not regularly need to purchase physical inputs in order to provide data management and query software. While computers are essential... Subscribe to learn more.