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Procurement Market Intelligence Report

Data Visualization Software Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Data Visualization Software?

What is the average price of Data Visualization Software?

This procurement report includes pricing information to help you purchase Data Visualization 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 Visualization 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 Visualization 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 Visualization 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 Visualization 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 Data Visualization Software?

Market share concentration for data visualization software is moderate, with an estimated 115 suppliers operating in the market. ProcurementIQ estimates that the top four suppliers account for 45.0% of the market’s revenue. The top four suppliers control a greater share of market revenue due to their early entry into the... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Vendor Cost Structure

Do you employ foreign engineers under the H1B visa program?

Has your R&D spending proven fruitful? What percentage of projects never make it to wide scale distribution?

What steps have you taken to protect your intellectual property and have you been faced with any legal hurdles in the past?

How has increased online deployment of data visualization software affected your costs and prices?

Reputation

What is the retention rate for your data visualization software clients?

Are any of your clients willing to provide references? How may I get in touch with them?

Do you have experience with clients in my industry?

Who are your biggest data visualization clients and how long have they been with you?

Meeting Demand

How do you anticipate demand being affected as the number of businesses are forecast to increase?

Do you market your data visualization software to a select sector or industry?

How do you plan on meeting the demands of the increasing number of businesses that are shifting their operations online?

Are your servers reliable enough to host all of my data? How can you meet my growing demands in terms of data storage and visualization capabilities?

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Key elements for every RFP

What should my Data Visualization Software RFP include?

Project Budget

Buyers should specify the number of expected software users .

Buyers should specify the level(s) of software access required.

Buyers should detail the contract term for annual ongoing costs (e.g. upgrade and maintenance charges and license fees).

Selection Criteria

Buyers should consider vendors that offer software solutions that meet the requirements of the RFP.

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

Buyers should assess providers based on the estimated costs of the data visualization software and services they are providing.

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.

Buyers should provide the date that the project should start and will be completed.

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

Evaluate major factors to mitigate risk

How risky is the Data Visualization Software supply chain?

Supply chain risk in the data visualization software market is low, mostly because vendors do not rely on any notably volatile inputs. Vendors use a mix of products and services, such as computers and legal services, to develop their products and service customer needs. Upstream suppliers for data visualization... Subscribe to learn more.

HIGH

MEDIUM

LOW