Key Consideration for Business Intelligence Total Cost of Ownership
June 2, 2017
With IT budgets under increasing scrutiny and business requirements becoming more complex, organizations need to critically examine business intelligence (BI) costs. The total cost of BI extends beyond the initial software license costs; as a result, in order to properly measure BI costs, decision makers must examine BI costs by evaluating total cost of ownership (TCO). Leading industry analyst studies conclude that IT personnel cost is the single largest factor affecting BI TCO and accounts for over 75 percent of the total cost of ownership. As such, a BI platform that can significantly reduce IT workload can provide a greater TCO advantage in the long run.