IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Data Mining Software procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Data Mining Software - Recent Price Trend

The price of data mining software has fallen at an estimated annualized rate of 0.8% in the three years to 2017. During the period, increased use of open-source software has eaten into sales volumes, causing suppliers to lower prices to stimulate demand. Meanwhile, economic forces have supported strong demand growth, which has limited the rate of price declines.The use of the open-source...

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Data Mining Software - Total Cost of Ownership

Buyers of data mining software will encounter few additional costs beyond the initial purchase price. The only significant additional costs a buyer is likely to incur generally involve training and support. Data mining software is based around several different languages, and any IT staff unfamiliar with the language will take a month or two to get up to speed. In addition, each brand of software...

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About this Report

This report is intended to assist buyers of data mining software, which is used to discover patterns in very large data sets in order to make informed business decisions. The size of these data sets, both in number of entries and number of variables, is too large for traditional database and query software and is typically too large to even depict visually. As a result, powerful data mining software must be used, which is run primarily by command-line prompts. This report includes free and open-source versions of data mining software, and excludes database software.

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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