If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Data Mining Consulting Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Data Mining Consulting Services, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Data Mining Consulting Services - Recent Price Trend

During the three years to 2017, the price of data mining consulting services has increased at an estimated average annual rate of 2.3%, largely as a result of growth in demand. For instance, during the past three years, private investment in computers and software has increased at an annualized rate of about 4.0%. The increasing use of computers and software has paved the way for expanding...

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Data Mining Consulting Services - Total Cost of Ownership

Buyers of data mining consulting services generally face a low total cost of ownership, provided that they spend time establishing solid contracts with clear expectations. However, hidden costs of ownership can arise when contracts are unclear about the outcome or time frame of the project. For example, the total cost of the project can change if the scope of the given project changes...

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About this Report

This report is intended to assist buyers of data mining consulting services. Suppliers of data mining consulting uncover patterns and discern systematic relationships between variables in large data sets (also known as big data). The primary goal of these services is to use the uncovered patterns and relationships to build statistical models that can be used to make accurate predictions of future behavior. This report excludes data mining software as well as the collection and analysis of small data sets performed by market research professionals.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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