Fast Way to Calculate your BI Costs
May 21, 2009 3:18 am BI Program, BI Solutions, on Demand BIPivotLink have a useful BI cost calculator to help you compare your current or potential BI costs against industry data published by TDWI.
Naturally, on-demand BI vendors PivotLink are keen to provide a comparison on the cost of on-demand BI compared to inhouse solutions, however I congratulate them on helping business and technical managers make this decision. As the author of The Logical Organization, I support anything that helps businesses make better decisions.
So check it out here - it is very easy to use, and you can quickly see how each key component of your BI solution impacts your bottom line, including:
- BI software licensing costs
- Database costs
- Hardware costs
- Staffing costs
Note: The 2008 TDWI BI Benchmark Report: Organization and Performance Metrics for BI Teams based on a web survey of 392 BI professionals found that the median capital budget spending on BI in 2008 was $260,000 while median BI maintenance costs were $235,000.
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