Here’s how much buying an Installed Base management solution will cost you as compared to building one:
Building an IBDP will cost you times as compared to buying an IBDP. An IBDP will start delivering value from 4th month itself.
Whereas the build project will be operational only after months and even more to start delivering value.
Projected cost if you build it yoursef:
Build cost breakdown
Initial People Cost
Initial Non-People Cost
Total Ongoing Cost
Total Support Cost (People)
Tools and other costs
Note: These are all our best estimates based on our experience working with Industrial OEMs of all sizes across various sectors. Your actual costs may vary based on variable factors.
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Explanation for some of the cost components
Considers all the important factors
The build vs buy calculator for IBP takes into account your current Installed Base size and the quality of your Installed Base data to analyze it and compare the build or buy projects for you.
Covers all the people & non-people costs
The calculator considers both the people and non-people costs which include costs for BI tools, databases, security, data tools, etc.
One-time & ongoing costs are covered
The people cost considers the on-shore costs of FTEs in terms of the man-months and the tools required for the project during the development and post-development maintenance as recurring costs
All the possible costs covered for a buy project
In case of the buy project, the costs include the estimated standard license cost, project implementation cost based on the size of the Installed Base