{"id":4167,"date":"2023-01-05T10:23:23","date_gmt":"2023-01-05T10:23:23","guid":{"rendered":"https:\/\/www.balkanservices.com\/blog\/?p=4167"},"modified":"2024-04-19T09:49:52","modified_gmt":"2024-04-19T09:49:52","slug":"what-is-the-price-of-a-business-intelligence-software-part-2","status":"publish","type":"post","link":"https:\/\/www.balkanservices.com\/blog\/en\/what-is-the-price-of-a-business-intelligence-software-part-2\/","title":{"rendered":"What is the price of a Business intelligence software [Part 2]"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><a><\/a>What is the price of a Business intelligence software [Part 2]<\/h1>\n\n\n\n<p> <\/p>\n\n\n\n<p>In Part 1 of the article on pricing a business intelligence software, we looked at how the cost of a BI project is formed.<\/p>\n\n\n\n<p>In this article, we will look at other important topics in forming the price of a BI software, such as:<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp; \u2022 What additional costs to look out for when pricing a BI project?<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp; \u2022 How to compare 2 or more price proposals for building BI software?<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp; \u2022 How to determine a budget for a BI project?<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp; \u2022 How to reduce the cost of a BI project?<\/p>\n\n\n\n<p>&nbsp;&nbsp;&nbsp; \u2022 What costs to anticipate after BI system implementation?<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-877189e\" data-block-id=\"877189e\"><style>.stk-877189e{height:35px !important}<\/style><\/div>\n\n\n\n<p> <\/p>\n\n\n\n<p><a href=\"https:\/\/www.balkanservices.com\/blog\/en\/what-is-the-price-of-a-business-intelligence-software-part-1\/\" data-type=\"link\" data-id=\"https:\/\/www.balkanservices.com\/blog\/en\/what-is-the-price-of-a-business-intelligence-software-part-1\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more: What is the price of a Business intelligence software [Part 1]<\/a><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-9cfe762\" data-block-id=\"9cfe762\"><style>.stk-9cfe762{height:35px !important}<\/style><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">What additional costs should you look for when pricing a BI project?<\/h2>\n\n\n\n<p>The most common cost that <strong>companies fail to anticipate<\/strong>, but are absolutely certain, of is <strong>working on an internal resource <\/strong>when implementing a business intelligence tool. This includes the time and effort of the company&#8217;s internal key users of the BI solution put into the analysis, implementation, testing, training, and acceptance stages of the new system as a new way of working.<\/p>\n\n\n\n<p><strong>Another hidden cost<\/strong> that is often forgotten is the<strong> refinements or additions to the company&#8217;s internal data sources.<\/strong> This is usually required when the analysis discovers a process in one of the organization&#8217;s business software that is not working correctly or optimally.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-2da75b7\" data-block-id=\"2da75b7\"><style>.stk-2da75b7{height:35px !important}<\/style><\/div>\n\n\n\n<div class=\"wp-block-stackable-icon-box stk-block-icon-box stk-block stk-323bcbd\" data-v=\"2\" data-block-id=\"323bcbd\"><div class=\"stk-block-content stk-inner-blocks stk-block-icon-box__content stk-container stk-323bcbd-container stk--no-background stk--no-padding\">\n<div class=\"wp-block-stackable-icon-label stk-block-icon-label stk-block stk-c465f25\" data-block-id=\"c465f25\"><style>.stk-c465f25{margin-bottom:0px !important}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content\">\n<div class=\"wp-block-stackable-icon stk-block-icon has-text-align-left stk-block stk-1830369\" data-block-id=\"1830369\"><style>.stk-1830369 .stk--svg-wrapper .stk--inner-svg svg:last-child{opacity:0.7 !important}.stk-1830369 .stk--svg-wrapper .stk--inner-svg svg:last-child,.stk-1830369 .stk--svg-wrapper .stk--inner-svg svg:last-child :is(g,path,rect,polygon,ellipse){fill:var(--theme-palette-color-1,#F6891F) !important}<\/style><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-1830369\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-1830369-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-1830369-color-2)\"><\/stop><\/linearGradient><\/defs><\/svg><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" aria-hidden=\"true\" width=\"32\" height=\"32\"><path d=\"M256 512A256 256 0 1 0 256 0a256 256 0 1 0 0 512zM216 336h24V272H216c-13.3 0-24-10.7-24-24s10.7-24 24-24h48c13.3 0 24 10.7 24 24v88h8c13.3 0 24 10.7 24 24s-10.7 24-24 24H216c-13.3 0-24-10.7-24-24s10.7-24 24-24zm40-208a32 32 0 1 1 0 64 32 32 0 1 1 0-64z\"><\/path><\/svg><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-ea6352d\" id=\"our-tip-try-to-define-and-plan-the-role-of-the-key-users-involved-in-the-implementation-project-as-precisely-and-clearly-as-possible\" data-block-id=\"ea6352d\"><h5 class=\"stk-block-heading__text\">Our tip: Try to define and plan the role of the key users involved in the implementation project as precisely and clearly as possible.<\/h5><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-ba72c8f\" data-block-id=\"ba72c8f\"><p class=\"stk-block-text__text\"><\/p><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-74fa0ca\" data-block-id=\"74fa0ca\"><style>.stk-74fa0ca{height:35px !important}<\/style><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">How to compare 2 or more quotes for building a <a href=\"https:\/\/www.balkanservices.com\/eng\/business-software\/category\/business-intelligence\" data-type=\"link\" data-id=\"https:\/\/www.balkanservices.com\/eng\/business-software\/category\/business-intelligence\" target=\"_blank\" rel=\"noreferrer noopener\">BI software<\/a>?<\/h2>\n\n\n\n<p><strong>Every BI tool has specifics <\/strong>and sometimes comparing two or more price quotes can end up comparing completely different solutions.<\/p>\n\n\n\n<p>It&#8217;s a good idea to <strong>make sure you are comparing exactly the same offerings<\/strong>, ideally including the full list of services and licenses required to build a complete BI system.<\/p>\n\n\n\n<p>If the company doesn&#8217;t need a comprehensive business intelligence tool, the <strong>price proposals need to be tailored to its needs<\/strong>, but each one should contain the same items.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-934832e\" data-block-id=\"934832e\"><style>.stk-934832e{height:35px !important}<\/style><\/div>\n\n\n\n<div class=\"wp-block-stackable-icon-box stk-block-icon-box stk-block stk-9c19774\" data-v=\"2\" data-block-id=\"9c19774\"><div class=\"stk-block-content stk-inner-blocks stk-block-icon-box__content stk-container stk-9c19774-container stk--no-background stk--no-padding\">\n<div class=\"wp-block-stackable-icon-label stk-block-icon-label stk-block stk-b2c9f66\" data-block-id=\"b2c9f66\"><style>.stk-b2c9f66{margin-bottom:0px !important}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content\">\n<div class=\"wp-block-stackable-icon stk-block-icon has-text-align-left stk-block stk-fce5239\" data-block-id=\"fce5239\"><style>.stk-fce5239 .stk--svg-wrapper .stk--inner-svg svg:last-child{opacity:0.7 !important}.stk-fce5239 .stk--svg-wrapper .stk--inner-svg svg:last-child,.stk-fce5239 .stk--svg-wrapper .stk--inner-svg svg:last-child :is(g,path,rect,polygon,ellipse){fill:var(--theme-palette-color-1,#F6891F) !important}<\/style><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-fce5239\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-fce-5239-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-fce-5239-color-2)\"><\/stop><\/linearGradient><\/defs><\/svg><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" aria-hidden=\"true\" width=\"32\" height=\"32\"><path d=\"M256 512A256 256 0 1 0 256 0a256 256 0 1 0 0 512zM216 336h24V272H216c-13.3 0-24-10.7-24-24s10.7-24 24-24h48c13.3 0 24 10.7 24 24v88h8c13.3 0 24 10.7 24 24s-10.7 24-24 24H216c-13.3 0-24-10.7-24-24s10.7-24 24-24zm40-208a32 32 0 1 1 0 64 32 32 0 1 1 0-64z\"><\/path><\/svg><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-d6ff1c0\" id=\"our-tip-make-sure-that-the-bi-quote-you-are-provided-includes-all-the-steps-in-building-a-system-that-is-right-for-you-and-that-delivers-a-single-version-of-the-truth-at-any-time-and-from-any-place-pay-special-attention-to-whether-the-proposals-include-etl-and-data-model-building-processes\" data-block-id=\"d6ff1c0\"><h5 class=\"stk-block-heading__text\">Our tip: Make sure that the BI quote you are provided includes all the steps in building a system that is right for you, and that delivers a single version of the truth at any time and from any place. Pay special attention to whether the proposals include ETL and data model-building processes.<\/h5><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-ffec147\" data-block-id=\"ffec147\"><p class=\"stk-block-text__text\"><\/p><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-0f34941\" data-block-id=\"0f34941\"><style>.stk-0f34941{height:35px !important}<\/style><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">How to set a budget for a BI project?<\/h2>\n\n\n\n<p>Business Intelligence is a proven management tool and its key role in the development of a company has been increasingly recognized in recent years.<\/p>\n\n\n\n<p>In order to accurately plan its budget for implementing a BI software, a <strong>company must thoroughly analyze and choose which business processes will be involved in it<\/strong> so as to achieve the desired effect of the solution.<\/p>\n\n\n\n<p><strong>Dividing the project into phases<\/strong> is also an important factor in setting a budget, as through it the company can allocate the cost of the system against its plans.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-e659e9c\" data-block-id=\"e659e9c\"><style>.stk-e659e9c{height:35px !important}<\/style><\/div>\n\n\n\n<div class=\"wp-block-stackable-icon-box stk-block-icon-box stk-block stk-14003f5\" data-v=\"2\" data-block-id=\"14003f5\"><div class=\"stk-block-content stk-inner-blocks stk-block-icon-box__content stk-container stk-14003f5-container stk--no-background stk--no-padding\">\n<div class=\"wp-block-stackable-icon-label stk-block-icon-label stk-block stk-d573ef5\" data-block-id=\"d573ef5\"><style>.stk-d573ef5{margin-bottom:0px !important}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content\">\n<div class=\"wp-block-stackable-icon stk-block-icon has-text-align-left stk-block stk-6bcb142\" data-block-id=\"6bcb142\"><style>.stk-6bcb142 .stk--svg-wrapper .stk--inner-svg svg:last-child{opacity:0.7 !important}.stk-6bcb142 .stk--svg-wrapper .stk--inner-svg svg:last-child,.stk-6bcb142 .stk--svg-wrapper .stk--inner-svg svg:last-child :is(g,path,rect,polygon,ellipse){fill:var(--theme-palette-color-1,#F6891F) !important}<\/style><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-6bcb142\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-6-bcb-142-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-6-bcb-142-color-2)\"><\/stop><\/linearGradient><\/defs><\/svg><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" aria-hidden=\"true\" width=\"32\" height=\"32\"><path d=\"M256 512A256 256 0 1 0 256 0a256 256 0 1 0 0 512zM216 336h24V272H216c-13.3 0-24-10.7-24-24s10.7-24 24-24h48c13.3 0 24 10.7 24 24v88h8c13.3 0 24 10.7 24 24s-10.7 24-24 24H216c-13.3 0-24-10.7-24-24s10.7-24 24-24zm40-208a32 32 0 1 1 0 64 32 32 0 1 1 0-64z\"><\/path><\/svg><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-c48885d\" id=\"our-tip-clearly-describe-the-processes-that-you-want-the-business-intelligence-software-to-cover-both-how-many-and-what-type-of-users-the-solution-needs-make-a-realistic-assessment-of-the-state-of-the-company-data-and-what-processing-will-be-required\" data-block-id=\"c48885d\"><h5 class=\"stk-block-heading__text\">Our tip: Clearly describe the processes that you want the business intelligence software to cover, both how many and what type of users the solution needs. Make a realistic assessment of the state of the company data and what processing will be required.<\/h5><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-bc1f15e\" data-block-id=\"bc1f15e\"><p class=\"stk-block-text__text\"><\/p><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-bfb3f4c\" data-block-id=\"bfb3f4c\"><style>.stk-bfb3f4c{height:35px !important}<\/style><\/div>\n\n\n\n<p><a href=\"https:\/\/www.balkanservices.com\/blog\/en\/groupama-generates-reports-and-analytics-in-minutes-with-qlik-sense\/\" data-type=\"link\" data-id=\"https:\/\/www.balkanservices.com\/blog\/en\/groupama-generates-reports-and-analytics-in-minutes-with-qlik-sense\/\">Read more: Groupama generates reports and analytics in minutes with Qlik Sense<\/a><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-526516f\" data-block-id=\"526516f\"><style>.stk-526516f{height:35px !important}<\/style><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">How to reduce the cost of a BI project?<\/h2>\n\n\n\n<p>This is one of the <strong>most common questions <\/strong>we get when talking about budget.<\/p>\n\n\n\n<pre class=\"wp-block-preformatted has-medium-font-size\" style=\"margin-top:var(--wp--preset--spacing--70);margin-right:var(--wp--preset--spacing--70);margin-bottom:var(--wp--preset--spacing--70);margin-left:var(--wp--preset--spacing--70);padding-top:var(--wp--preset--spacing--50);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--50);padding-left:var(--wp--preset--spacing--50)\">First and foremost, we advise on<strong> good in-house preparation<\/strong>, clarifying the state of the data in the organization, and possible pre-processing if required.<\/pre>\n\n\n\n<p>A very important step, which can save resources for both parties, is the <strong>inventory and structuring of the company&#8217;s business processes<\/strong> before starting the BI software implementation project.<\/p>\n\n\n\n<p>Depending on the scope of the project, we usually advise organizations to <strong>implement the system in phases for optimal allocation of time, budget, and resources.<\/strong> When this approach is applied to the employees involved in the project, each successive stage is increasingly easier and faster as they are much more prepared.<\/p>\n\n\n\n<p>Another factor that can reduce the cost of a project is proper prioritization of the processes that need to be included in the BI tool. Often companies are willing to include most, and sometimes all, of their processes in the scope of the project. We advise starting with the company processes bringing the greatest return. Once the organization is convinced of the benefits of the business intelligence software, it usually expands the project to include the secondary processes in the BI solution.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-7897815\" data-block-id=\"7897815\"><style>.stk-7897815{height:35px !important}<\/style><\/div>\n\n\n\n<div class=\"wp-block-stackable-icon-box stk-block-icon-box stk-block stk-8270f49\" data-v=\"2\" data-block-id=\"8270f49\"><div class=\"stk-block-content stk-inner-blocks stk-block-icon-box__content stk-container stk-8270f49-container stk--no-background stk--no-padding\">\n<div class=\"wp-block-stackable-icon-label stk-block-icon-label stk-block stk-a6fa8f8\" data-block-id=\"a6fa8f8\"><style>.stk-a6fa8f8{margin-bottom:0px !important}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content\">\n<div class=\"wp-block-stackable-icon stk-block-icon has-text-align-left stk-block stk-41f66c6\" data-block-id=\"41f66c6\"><style>.stk-41f66c6 .stk--svg-wrapper .stk--inner-svg svg:last-child{opacity:0.7 !important}.stk-41f66c6 .stk--svg-wrapper .stk--inner-svg svg:last-child,.stk-41f66c6 .stk--svg-wrapper .stk--inner-svg svg:last-child :is(g,path,rect,polygon,ellipse){fill:var(--theme-palette-color-1,#F6891F) !important}<\/style><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-41f66c6\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-41-f-66-c-6-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-41-f-66-c-6-color-2)\"><\/stop><\/linearGradient><\/defs><\/svg><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" aria-hidden=\"true\" width=\"32\" height=\"32\"><path d=\"M256 512A256 256 0 1 0 256 0a256 256 0 1 0 0 512zM216 336h24V272H216c-13.3 0-24-10.7-24-24s10.7-24 24-24h48c13.3 0 24 10.7 24 24v88h8c13.3 0 24 10.7 24 24s-10.7 24-24 24H216c-13.3 0-24-10.7-24-24s10.7-24 24-24zm40-208a32 32 0 1 1 0 64 32 32 0 1 1 0-64z\"><\/path><\/svg><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-c2d9451\" id=\"our-tip-look-for-reference-projects-similar-to-yours-if-possible-talk-to-companies-that-have-gone-down-this-path-successfully-and-use-their-bi-tool-on-a-daily-basis\" data-block-id=\"c2d9451\"><h5 class=\"stk-block-heading__text\">Our tip: Look for reference projects similar to yours. If possible, talk to companies that have gone down this path successfully and use their BI tool on a daily basis.<\/h5><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-e163991\" data-block-id=\"e163991\"><p class=\"stk-block-text__text\"><\/p><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-9da6b9f\" data-block-id=\"9da6b9f\"><style>.stk-9da6b9f{height:35px !important}<\/style><\/div>\n\n\n<div data-block=\"hook:3908\" class=\"alignfull\" data-block-structure=\"custom\"><div class=\"ct-container-full\" data-content=\"normal\"><article id=\"post-3908\" class=\"post-3908\"><div class=\"entry-content is-layout-constrained\">\n<div class=\"wp-block-media-text alignfull has-media-on-the-right is-stacked-on-mobile is-vertically-aligned-center is-image-fill is-style-default has-palette-color-8-color has-palette-color-4-background-color has-text-color has-background has-link-color wp-elements-326cc7970ec94e154d90381fd2939023\" style=\"margin-top:var(--wp--preset--spacing--50);margin-bottom:var(--wp--preset--spacing--50);margin-left:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0;grid-template-columns:auto 37%\"><div class=\"wp-block-media-text__content\">\n<h2 class=\"wp-block-heading has-white-color has-text-color\" style=\"margin-top:var(--wp--preset--spacing--40);margin-right:0;margin-bottom:0;margin-left:0\">Looking for business software?<\/h2>\n\n\n\n<p class=\"has-palette-color-8-color has-text-color\" style=\"margin-top:var(--wp--preset--spacing--20);margin-bottom:var(--wp--preset--spacing--20);font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.234), 17px);line-height:1.5\">Our team is here to listen carefully and offer the right solution for you.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-stackable-button-group stk-block-button-group stk-block stk-088e0d7\" data-block-id=\"088e0d7\"><style>.stk-088e0d7{margin-bottom:30px !important;position:relative !important}@media screen and (max-width:999px){.stk-088e0d7{margin-bottom:36px !important}}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-button-group\">\n<div class=\"wp-block-stackable-button stk-block-button is-style-ghost stk-block stk-cb9bee0\" data-block-id=\"cb9bee0\"><style>.stk-cb9bee0{top:23px !important}.stk-cb9bee0 .stk-button{padding-right:33px !important;padding-left:33px !important;background:var(--theme-palette-color-1,#F6891F) !important}.stk-cb9bee0 .stk-button:hover:after{background:transparent !important;opacity:1 !important}:where(.stk-hover-parent:hover,.stk-hover-parent.stk--is-hovered) .stk-cb9bee0 .stk-button:after{background:transparent !important;opacity:1 !important}.stk-cb9bee0 .stk-button:before{border-style:solid !important;border-color:var(--theme-palette-color-8,#ffffff) !important;border-top-width:0px !important;border-right-width:0px !important;border-bottom-width:0px !important;border-left-width:0px !important}.stk-cb9bee0 .stk-button__inner-text{color:var(--theme-palette-color-8,#ffffff) !important}<\/style><a class=\"stk-link stk-button stk--hover-effect-lift\" href=\"https:\/\/www.balkanservices.com\/eng\/contact\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"has-text-color stk-button__inner-text\">Schedule a free consultation &gt;<\/span><\/a><\/div>\n<\/div><\/div>\n<\/div><figure class=\"wp-block-media-text__media\" style=\"background-image:url(https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1024x638.jpg);background-position:50% 50%\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"638\" src=\"https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1024x638.jpg\" alt=\"\" class=\"wp-image-3887 size-full\" srcset=\"https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1024x638.jpg 1024w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-300x187.jpg 300w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-768x478.jpg 768w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1536x957.jpg 1536w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-2048x1276.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n<\/div><\/article><\/div><\/div>\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-dfb0bc8\" data-block-id=\"dfb0bc8\"><style>.stk-dfb0bc8{height:35px !important}<\/style><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">What costs do you foresee after implementing the BI software?<\/h2>\n\n\n\n<p>For us at Balkan Services, a completed project is not just a successfully implemented system. A project is successful when the<strong> business software is used daily by the company, adds value, and evolves <\/strong>with the needs of the organization.<\/p>\n\n\n\n<p>That is why we advise our customers to plan their maintenance or license rental costs for their chosen BI tool precisely. Another item to keep in mind for the future is <strong>the cost of consulting services for expansions, modifications<\/strong>, and the next stages of building the BI system.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-a8b6532\" data-block-id=\"a8b6532\"><style>.stk-a8b6532{height:35px !important}<\/style><\/div>\n\n\n\n<div class=\"wp-block-stackable-icon-box stk-block-icon-box stk-block stk-e622dda\" data-v=\"2\" data-block-id=\"e622dda\"><div class=\"stk-block-content stk-inner-blocks stk-block-icon-box__content stk-container stk-e622dda-container stk--no-background stk--no-padding\">\n<div class=\"wp-block-stackable-icon-label stk-block-icon-label stk-block stk-0919346\" data-block-id=\"0919346\"><style>.stk-0919346{margin-bottom:0px !important}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content\">\n<div class=\"wp-block-stackable-icon stk-block-icon has-text-align-left stk-block stk-9f5ae21\" data-block-id=\"9f5ae21\"><style>.stk-9f5ae21 .stk--svg-wrapper .stk--inner-svg svg:last-child{opacity:0.7 !important}.stk-9f5ae21 .stk--svg-wrapper .stk--inner-svg svg:last-child,.stk-9f5ae21 .stk--svg-wrapper .stk--inner-svg svg:last-child :is(g,path,rect,polygon,ellipse){fill:var(--theme-palette-color-1,#F6891F) !important}<\/style><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-9f5ae21\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-9-f-5-ae-21-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-9-f-5-ae-21-color-2)\"><\/stop><\/linearGradient><\/defs><\/svg><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" aria-hidden=\"true\" width=\"32\" height=\"32\"><path d=\"M256 512A256 256 0 1 0 256 0a256 256 0 1 0 0 512zM216 336h24V272H216c-13.3 0-24-10.7-24-24s10.7-24 24-24h48c13.3 0 24 10.7 24 24v88h8c13.3 0 24 10.7 24 24s-10.7 24-24 24H216c-13.3 0-24-10.7-24-24s10.7-24 24-24zm40-208a32 32 0 1 1 0 64 32 32 0 1 1 0-64z\"><\/path><\/svg><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-4ec9132\" id=\"our-tip-if-your-choice-is-an-on-premises-rather-than-a-cloud-bi-tool-we-recommend-planning-for-release-upgrade-costs-as-well-preferably-at-least-once-a-year\" data-block-id=\"4ec9132\"><h4 class=\"stk-block-heading__text\">Our tip: If your choice is an on-premises rather than a cloud BI tool, we recommend planning for release upgrade costs as well, preferably at least once a year.<\/h4><\/div>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-9a9a157\" data-block-id=\"9a9a157\"><style>.stk-9a9a157{height:35px !important}<\/style><\/div>\n\n\n\n<p><a href=\"https:\/\/www.balkanservices.com\/blog\/en\/from-stock-to-sales-to-orders-the-bi-tool-that-aquamatrix-uses-to-get-up-to-the-minute-reports-case-study\/\" data-type=\"link\" data-id=\"https:\/\/www.balkanservices.com\/blog\/en\/from-stock-to-sales-to-orders-the-bi-tool-that-aquamatrix-uses-to-get-up-to-the-minute-reports-case-study\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more: From stock to sales to orders: the BI tool that AQUAMATRIX uses to get up-to-the-minute reports [case study]<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">In summary<\/h2>\n\n\n\n<p>Choosing the right BI tool is a <strong>complex but critically important decision<\/strong> for business development. Choosing an implementation partner is just as key, and sometimes more difficult.<\/p>\n\n\n\n<p>Before proceeding with software implementation, make sure you have researched, in sufficient detail, the solutions available on the market and compare them against the same criteria.<strong> Plan your spending accurately<\/strong>, anticipating each item now and in the future.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-ad890a2\" data-block-id=\"ad890a2\"><style>.stk-ad890a2{height:35px !important}<\/style><\/div>\n\n\n\n<p><a href=\"https:\/\/www.balkanservices.com\/eng\/business-software\/qlik-sense\" data-type=\"link\" data-id=\"https:\/\/www.balkanservices.com\/eng\/business-software\/qlik-sense\" target=\"_blank\" rel=\"noreferrer noopener\">Qlik Sense<\/a> Dashboard<\/p>\n\n\n\n<div class=\"wp-block-stackable-image stk-block-image stk-block stk-510cf05\" data-block-id=\"510cf05\"><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-3702\" src=\"https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/verni_danni-iavtomatichno-aktualizirane-1024x465-1.png\" width=\"1024\" height=\"465\" alt=\"Qlik Sense Dashboard - Balkan Services\" srcset=\"https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/verni_danni-iavtomatichno-aktualizirane-1024x465-1.png 1024w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/verni_danni-iavtomatichno-aktualizirane-1024x465-1-300x136.png 300w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/verni_danni-iavtomatichno-aktualizirane-1024x465-1-768x349.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/span><\/figure><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-f77af11\" data-block-id=\"f77af11\"><style>.stk-f77af11{height:35px !important}<\/style><\/div>\n\n\n\n<div class=\"wp-block-stackable-divider stk-block-divider stk-block stk-aa76c0d\" data-block-id=\"aa76c0d\"><hr class=\"stk-block-divider__hr\"\/><\/div>\n\n\n\n<p>At Balkan Services we have expert knowledge of business, technology, and legislation, and we speak all three languages. We will listen carefully and advise you on choosing the right business system for your needs.<\/p>\n\n\n\n<p>Balkan Services has been implementing business software solutions since 2006 and has completed more than 690 projects, of which over 420 are in the area of BI software. We follow a proven implementation methodology with clear steps and know-how on best practices.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.balkanservices.com\/eng\/contact\" target=\"_blank\" rel=\"noreferrer noopener\">Contact us here &gt;<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>What is the price of a Business intelligence software [Part 2] In Part 1 of the article on pricing a business intelligence software, we looked at how the cost of a BI project is formed. In this article, we will look at other important topics in forming the price of a BI software, such as: [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2004,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[215],"tags":[],"class_list":["post-4167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bi-en"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is the price of a BI software [Part 2] - Balkan Services<\/title>\n<meta name=\"description\" content=\"In part 2 of our article, you will learn how to calculate the price for implementing BI software and how to optimize project costs. Check it out here &gt;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.balkanservices.com\/blog\/en\/what-is-the-price-of-a-business-intelligence-software-part-2\/\" \/>\n<meta property=\"og:locale\" content=\"bg_BG\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is the price of a BI software [Part 2] - Balkan Services\" \/>\n<meta property=\"og:description\" content=\"In part 2 of our article, you will learn how to calculate the price for implementing BI software and how to optimize project costs. 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