Sponsored Post: The Real Cost Factors of Embedded Analytics
Embedded analytics has become a mandatory element of any business strategy to improve competitive advantage and drive better business performance. As organizations strive to give customers more analytical insights from their product or service, it is becoming clear that the costs and complexity of embedding analytics extend beyond the initial software license acquisition.
Factors to consider include:
- License Costs
- Integration Costs - Full stack vs Components
- Subscription vs Perpetual
- Hardware, Professional Services, and Human Capital
Gartner estimates that 92% of the money customers spend on BA applications is spent after the initial deployment, on such items as staffing, integrations and maintenance.