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Procurement Market Intelligence Report

Load Balancing Software Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Load Balancing Software?

What is the average price of Load Balancing Software?

This procurement report includes pricing information to help you purchase Load Balancing 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 Load Balancing 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 Load Balancing 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 Load Balancing 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 Load Balancing 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 Load Balancing Software?

ProcurementIQ estimates that there are about 80 load balancing software suppliers in the United States. The top four firms account for a collective estimated 81.4% of the market, indicating a very high level of concentration. Until recently, load balancing software could only be run on specialized load balancing hardware due... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Competition from Open-Source Software

What value does your software provide over open-source software?

Do you offer a free version of your software? What are its limitations?

To what degree is your software customizable?

How have your sales grown or fallen in the past three years?

Load Balancing Hardware

What value does your software provide over load balancing hardware?

Is your software a virtualized version of a load balancing hardware product? If so, what are the differences?

Has your hardware or software product performed better in the past three years?

What improvements are you planning for your hardware product in the near future?

Quality Control

How do you ensure the accuracy/quality of your software? What systems/tools/software do you have in place to minimize the number of errors? How often are these systems checked and updated?

Who normally identifies errors when they occur?

How do you collect feedback from clients?

What quality awards have you won?

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Key elements for every RFP

What should my Load Balancing Software RFP include?

Project Budget

Buyers should specify their budget for the load balancing 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.

Selection Criteria

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.

Project Schedule

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 Load Balancing Software supply chain?

The upstream supply chain poses minimal risk for suppliers of load balancing software. Load balancing software suppliers primarily rely on computer equipment, software and IT, intellectual property licensing services and telecommunications equipment inputs. These markets are largely saturated and, as such, highly competitive. Strong competition within the markets of key... Subscribe to learn more.

HIGH

MEDIUM

LOW