At 5000fish, we believe in the power of self-service, agile BI and want people to be fully educated before purchasing a solution. This is not only beneficial to customers, but to the BI industry as a whole because educated buyers will make smarter purchasing decisions, which will leader to higher BI adoption rates.
The self-service agile business intelligence (BI) software market can be confusing, especially when it comes to costs and pricing. It’s challenging to determine whether you’re paying too much for what you’re getting, which is why we’ve decided to step in and help you out.
Why BI Pricing Isn’t Always Transparent
If you search for dashboard and report pricing with a vendor, you’re likely to be directed to a “contact us for pricing” page. This lack of pricing transparency among BI vendors is frustrating and is usually the result of one out of three things.
First, the vendor may just want your contact information so that its sales team can push you through its high-intensity sales process. Second, the vendor may want to know more about you and your company in order to determine the price tag. Third, the vendor may simply want to keep pricing hidden from competitors. The counter argument a vendor typically gives to these reasons is that BI is a complex solution and varies greatly by use case and environment.
At 5000fish we think it’s our job as BI vendor is to simplify that process and make it easier. Regardless of the reason other vendors have a lack of pricing transparency, it doesn’t help you, the customer, make an educated purchase decision.
We have learned a lot about self-service agile BI solution pricing through both our own competitive research and information provided by our customers. And in the name of transparency, we have decided to share our knowledge with you. (Please note that the below pricing information is for agile BI not traditional BI solutions such as Oracle or Microstrategy.)
Please take the information here as second hand sourced. We have no insights into competitor pricing other than what they publish themselves and what evaluators of Yurbi and readers of our blog tell us. So with that caveat, here is our most up-to-date pricing* for agile self-service BI providers in our industry:
Pricing in the agile self-service BI space ranges greatly. For most of the companies listed above that require a “contact us” form, you can expect a high-pressure sales process when you inquire about pricing. Additionally, it’s important to note that software licenses are generally the tip of the iceberg regarding actual BI costs, which often don’t include implementation and training costs.
One trend you will definitely see in the BI space regarding pricing is that the companies receiving the most analyst praise and generating the most hype among media tend to be very expensive. This is primarily driven by hype cycles among consumers, versus supply and demand or value.
Therefore, companies in the market for agile BI software should proceed with caution, understanding that hype isn’t always an indicator of software value and that software licensing costs may only be one part of the company’s overall BI costs.
Have any updates you wish to share regarding pricing of this list or adding other tools and price? Drop us a line here or leave a comment on this blog. We’re always willing to update with most current (credible) information.
*Note: All pricing is as of January 2017.