Overview

IBISWorld’s Information Retrieval Systems procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Information Retrieval Systems to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Information Retrieval Systems - Recent Price Trend

During the three years to 2017, the price of information retrieval systems has increased at an estimated annualized rate of 1.3% due to growing demand and rising wage costs.Demand for information retrieval systems has been rising alongside growth in suppliers’ input costs. First, investment in computers and software has gone up as businesses have incorporated more technology into their...

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Information Retrieval Systems - Total Cost of Ownership

The total cost of ownership for information retrieval systems is moderate, increasing the likelihood that buyers incur unexpected costs. When budgeting, buyers should factor in potential installation, maintenance and hardware costs that may be required for certain systems. Although buyers can purchase a variety of additional features from vendors, buyers should consider the potential additional...

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About this Report

This report is intended to assist buyers of information retrieval systems. These systems pull or recover specific information from stored (typically unstructured) data. The data in question may reside as text or metadata in textual documents such as books, journals and reports, or in other document types such as pictures, videos or other records of thought. Businesses use these systems to find internal information on operations such as sales, finances and related data. Educational institutions use them to access information from books, journals and other sources. Suppliers include software publishers and technology firms. This report does not include web search engines or database management systems.

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
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 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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