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TCO & Key Considerations for BI

TCO & Key Considerations for BI

Symantec
Published by: Research Desk Released: Nov 14, 2018

With IT budgets under increasing scrutiny and business requirements becoming more complex, organizations need to critically examine 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 TCO. Leading industry analyst studies conclude that IT personnel cost is the single largest factor affecting BI TCO and accounts for over 75% 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.