Learn about actual and potential costs
How much should I pay for Network Monitoring Software?
What is the average price of Network Monitoring Software?
This procurement report includes pricing information to help you purchase Network Monitoring 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 Network Monitoring 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 Network Monitoring 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 Network Monitoring 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 Network Monitoring 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 share concentration for network monitoring software is moderate, with the top four players accounting for almost half of market revenue. ProcurementIQ estimates there are about 400 network monitoring software vendors in the United States. The moderate level of market share concentration somewhat hampers buyer power by limiting the... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Is there an extra cost on the subscription option for maintenance and support?
Is it possible to get a certified professional to come to our location if necessary, and is it included in normal customer support and maintenance?
What is the best method for clients to reach you? What is your average response time?
If you encounter issues or your client is not satisfied, what steps do you take to address the issue?
What is your process to handle client issues and complaints about your software?
Amid widespread health concerns, what contingency plans are in place to mitigate the risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?
After the initial installation, is it possible to manually scale up the monitoring due to the addition of new network components (moving sensors, adding unused sensors or upgrading and setting up new sensors)?
What issues have arisen due to the scaling up, or down, of a network?
How long does it take to scale up network monitoring?
Does scaling up require direct help from the developer or reseller?
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Key elements for every RFP
What should my RFP include?
Buyers should detail the number of expected users and the level of software access required.
Buyers should specify the contract term for annual ongoing costs (e.g. system support, upgrade and maintenance charges and license fees).
Buyers should reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.
Buyers should consider vendors that offer software solutions that meet the requirements of the RFP.
Buyers should review the experience of potential vendors based on client references and the quality of their customer service.
Buyers should evaluate providers based on the estimated costs of the network monitoring 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.
Buyers should outline the timeline of the RFP and project.
Buyers must include the date when proposals are due and when the award information will be available.
Buyers should include any other benchmark dates relevant to the project that suppliers will need to be aware of (e.g. software demonstration and testing date and IT evaluation date).
Evaluate major factors to mitigate risk
How risky is the supply chain?
Suppliers in the network monitoring software market have encountered a low level of supply chain risk in the three years to 2020 because production of the software does not rely on physical inputs. This low level of risk aids buyer negotiation power because there is little chance of a sudden... Subscribe to learn more.
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