Learn about actual and potential costs
How much should I pay for Energy Intelligence Software?
What is the average price of Energy Intelligence Software?
This procurement report includes pricing information to help you purchase Energy Intelligence 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 Energy Intelligence 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 Energy Intelligence 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 Energy Intelligence 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 Energy Intelligence 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 Energy Intelligence Software?
The energy intelligence software market is fragmented and considered to have low market share concentration, with the top four vendors accounting for less than 30.0% of total market revenue. This growing market has an estimated 300 suppliers located across the country. Systems and software that control the primary functions of... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Why are your prices more or less than your competitors?
How does your software stand out from other available software in the market?
Do you provide any additional incentives to attract customers?
Do you offer discounts for returning customers?
Can you provide testimonials from previous customers?
Does your company have a technical support line, and between what hours does it operate?
Does the installed hardware come with a warranty?
Do you provide free maintenance on faulty or failed hardware?
Do you manufacture your own hardware used to relay information back to the energy intelligence software? If not, from where do you purchase your equipment?
What type of supply agreements do you have with your vendors?
How often do you experience disruptions in the supply of hardware that impact lead times and installation?
If a disruption occurs that delays the completion of a project, what actions do you take to correct this?
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Key elements for every RFP
What should my Energy Intelligence Software RFP include?
Buyers should provide an explicit budget for purchasing and integrating the software.
If the software is priced using a subscription-based pricing model, buyers should state their intended contract length.
If hardware installation is being provided, buyers should state whether the budget listed includes these costs. Additionally, buyers should lie out their policy for potential cost overruns during installation.
Buyers should consider the pricing from each supplier, as well as potential installation costs if applicable.
Buyers should look at the past performance of the supplier's software, specifically looking at past clients that have similar facilities or operations to their own.
Buyers should look at the supplier's track record for customer service.
Buyers should provide a list of key dates that pertain to the RFP process, such as when the final date to submit questions and bids are.
Buyers should outline their policy on facility inspections during the RFP, if the buyer is allowing suppliers to inspect their facility to provide more accurate quotes. This should include the timeframe in which suppliers will be able to arrive, and what specific dates might not be available.
Evaluate major factors to mitigate risk
How risky is the Energy Intelligence Software supply chain?
During the three years to 2018, supply chain risk associated with energy intelligence software has been low. There are few critical inputs to the development and delivery of energy intelligence software. Electrical equipment manufacturers provide suppliers with the needed equipment to assess a buyer’s facilities properly prior to implementing the... Subscribe to learn more.