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Procurement Market Intelligence Report

Energy Data Management Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Energy Data Management Services?

What is the average price of Energy Data Management Services?

This procurement report includes pricing information to help you purchase Energy Data Management Services. 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 Energy Data Management Services 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 Energy Data Management Services 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 Energy Data Management Services?

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 Energy Data Management Services 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 Energy Data Management Services?

The market for energy data management services is highly fragmented. Out of the estimated 4,000 total suppliers, the four largest suppliers account for less than 25.0% of total market revenue. The market is mostly populated with smaller suppliers operating on a local or regional level. There are low barriers to... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Pricing Model

What pricing model do you use? Does this model provide transparency for your clients?

How will I know what you are charging?

How do your closest competitors charge their clients? Is your method better or worse than theirs?

Can I choose a different pricing model than the one you suggest?

Software

What features does your software offer? Are these features unique to your company?

Can your software be accessed online? How many people can access it simultaneously?

How long does it take to learn the software?

When was the last time your software was upgraded or improved?

Do you provide training for your software?

How frequently are updates for your software introduced?

Integration with Existing Systems

What types of equipment are your services compatible with?

Which of my existing systems are you able to integrate with?

How long does it take to fully integrate your services and software?

Can you use data from smart meters and other advanced metering systems to help me reduce my energy consumption?

How difficult is it to integrate new hardware if I decide to upgrade my facility in the future?

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Key elements for every RFP

What should my Energy Data Management Services RFP include?

Project Budget

Buyers should state the intended fee structure throughout the project.

Buyers should state the determined budget on an annual basis.

Buyers should explain how any additional costs or contingency costs will work.

Selection Criteria

Buyers should look at the experience and qualifications of each supplier.

Buyers should look at past performance with contracts that are similar in scope to the buyer's.

Buyers should consider the proposed fees from each supplier.

Project Schedule

Buyers should provide a list of key dates that pertain to the RFP process, including the date to submit questions and the final date to submit bids.

Buyers should provide a list of key milestone dates that will occur throughout the contract period.

Evaluate major factors to mitigate risk

How risky is the Energy Data Management Services supply chain?

There is low supply chain risk in the energy data management services market. Upstream suppliers include office space rental and office equipment providers, as well as publishers of energy management software. Suppliers rely on software publishers to program and produce software that suppliers use throughout their services. This upstream supplier... Subscribe to learn more.

HIGH

MEDIUM

LOW