Build Time & Cost Calculator
to Build an Installed Base Intelligence Platform
Start by using the calculator below to estimate the time and money costs of building an in-house Installed Base Intelligence platform. Input your specific parameters, and see how the costs add up compared to off-the-shelf solutions.
Note: Running cost of maintaining the platform usually runs at 50% of the implementation cost.
Understanding the true costs and time involved in building an in-house Installed Base Intelligence platform is crucial for making informed decisions. While building a solution from scratch might seem appealing, the hidden expenses and extended timelines can quickly outweigh the perceived benefits. This calculator provides a clear comparison, helping you weigh the investment against the potential return. Whether you’re budgeting for the next fiscal year or evaluating current operational efficiency, these insights will guide you toward the most strategic choice for your business.
What is an Installed Base Intelligence Platform?
An Installed Base Intelligence Platform is a specialized tool designed to aggregate, cleanse, and analyze massive amounts of customer data. It connects siloed systems like ERP, CRM, and service tools, ensuring that all information is accurate and actionable. By processing this data through industry-specific algorithms, the platform delivers valuable insights that empower your sales and service teams to engage more effectively with customers, build stronger relationships, and drive growth.
Why Do OEMs Need It?
Industrial OEMs need tools that can keep pace with evolving demands. An Installed Base Intelligence Platform is designed to do just that, by transforming vast amounts of customer data into actionable insights that your sales and service teams can leverage immediately.
This platform goes beyond simple data collection—it processes and analyzes information using specialized algorithms tailored for the manufacturing sector. By connecting and integrating siloed systems like ERP, CRM, and service tools, an Installed Base Platform ensures that your data is not just collected but refined. It cleans up errors, removes duplicates, and creates meaningful connections between various elements such as equipment, parts, locations, accounts, and services.
Once your data is reliable, the platform’s manufacturing-specific algorithms kick in, generating qualified opportunities that help your team build a strong pipeline, regardless of market conditions. It’s a powerful tool that does the heavy lifting, so your team can focus on what they do best—serving customers and driving growth.
With an Installed Base Platform, your organization can turn complex, fragmented data into clear, actionable insights, enabling quick wins and long-term success.
Common Challenges of Building a Solution In-House
Building an Installed Base Intelligence platform in-house might seem like a viable option, but it comes with significant challenges.
Hidden Costs: Beyond the initial development, there are ongoing expenses related to maintenance, updates, and staffing.
Extended Timelines: Developing a robust platform takes time, often leading to delays that can disrupt your business operations.
Specialized Expertise: Successfully building and maintaining such a platform requires a team with specialized skills, which can be difficult and costly to acquire.
These challenges can turn what seems like a cost-saving project into a drain on resources.
Next Steps after using the Calculator
After you’ve reviewed your results, consider scheduling a personalized consultation or demo to explore the best solutions tailored to your specific needs. Whether you’re looking to enhance your current systems or transition to an off-the-shelf platform, our team is here to help you make the best decision.
Ready to take the next step? Whether you’re interested in a demo, need more information, or want to discuss your options, we’re here to help.
FAQs
What does the calculator measure?
The calculator estimates the time and financial costs associated with building an in-house Installed Base Intelligence platform, helping you compare it against other options.
Why should I consider an Installed Base Intelligence Platform?
These platforms provide a unified view of your customer data, enabling more informed decision-making and improved customer engagement.
How accurate are the calculator results?
The results are based on industry averages and best practices, offering a reliable estimate. For precise figures tailored to your business, consider a detailed consultation.