GoodData Pricing - why 5.2/10?

GoodData Review
ITQlick Score: 83/100
ITQlick Rating: (4.2/5)
Pricing: 5.2/10 - average cost
Category: Business Process Management (BPM) -> GoodData -> GoodData pricing
Ranking:Ranked 5 out of 31 Business Process Management (BPM) systems
Company: GoodData
Pricing: starts at $20 per month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: GoodData review, GoodData alternatives

Shlomi LaviShlomi Lavi / Aug 26, 2020

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

What is GoodData's cost rating? (5.2/10)

When comparing GoodData to their competitors, on a scale between 1 to 10 GoodData is rated 5.2, which is similar to the average Business Process Management (BPM) software cost. GoodData offers few flexible plans to their customers, the basic cost of license starting from $20 per month, read the article below in order to calculate the total cost of ownership (TCO) which includes: customization, data migration, training, hardware, maintenance, updgrades, and more.

You can also leave your info with us to get a free custom quote with the break downs for your business needs.

What is the cost breakdown of Business Process Management (BPM) implementation?

When it comes to selecting Business Process Management (BPM) tools, buyers are primarily concerned about its cost. In fact, it is the cost that determines whether a potential buyer would go with the product. True, there is no one-size-fits-all formula to determine the “worth” of a business application, but as a software buyer, you want to make sure you get the best value for your money, without having to dig a big hole in your pocket.

Understanding the exact price of Business Process Management (BPM) system isn't easy as The overall cost of software includes the cost of license, subscription fees, training, customization, hardware, maintenance, support and other related services. It's essential to take into account all of these costs to gain an understanding of the system's "total cost of ownership."

What are the typical Business Process Management (BPM) pricing models?

There are primarily three common pricing models – Perpetual License, Subscription, and Commercial open source.

  • Subscription/Software-As-A-Service: - Relevant for GoodData
    Under this pricing model, the system is accessed over the Internet, as opposed to installed on-premises. The payment is made either on a per user basis or subscription basis. Ideally, customers are required to pay a recurring monthly fee until a specific period for using the tool. Subscription pricing model is more common with Software-as-a-Service (SaaS) apps.
  • Upfront cost for customization and integration is less compared to perpetual license cost because there is not much flexibility with SaaS systems in this area.
  • Recurring cost is greater as customers are required to make monthly payments as subscription fee. Additionally customers using premium support services must pay an extra fee.
  • All in all, the total cost of ownership in the both cases is almost the same and may span over a period of 7-10 years, though you may have to pay a higher perpetual license fee upfront. The total cost may vary from starter to mid range to enterprise level apps in both cases.
  • Perpetual license: - Relevant for GoodData
    A common pricing model for on-premise applications, perpetual license requires a customer to pay an upfront sum to own the tool or other intellectual property on-premises for a fixed term.
  • Upfront cost involves the fee for installation, customization, integration with existing systems, besides perpetual license fee.
  • Recurring cost is low in this pricing model and may include cost for updates, maintenance, upgrades, and patches. Some vendors do offer premium support services, which come for an extra price.
  • Commercial open source: Not relevant for GoodData
    The customer can acquire the system free of cost without having to incur any upfront license fee. As a customer, you’re solely responsible for the ongoing maintenance, upgrading, customization, and troubleshooting of the application to meet your specific needs. You are on your own for providing end-user support, since you are not locked in with a vendor-supplied system solution.

How much it would cost to customize GoodData? (and is it relevant)

If you need specific features in your system catering to your specific business requirements, the vendor will charge customization cost, depending on your needs and feature requirement. Ideally customization cost is more complex to calculate compared to licensing cost.

Some apps allow you to easily combine data from multiple sources, without any complicated query requirements, while some others can be embedded into different applications to provide enhanced reporting. If you seek products that support customizable dashboards and predictive analysis to identity possible trends and facilitate decision making, you may have to pay higher for all the customization features.

Additionally, the following factors may affect the cost of customization:
  • User interface changes
  • Configurable dashboards
  • Data elements required for tracking
  • Forms to collect additional data
  • Dashboard, management and operational reports that are needed.
  • Workflows and how complex they are.
  • Forms to collect additional data.
Here are some questions to answer: How much customization is needed? How many system you want to integrate to? Does your company work like industry standars or has it's own customize processes? What kind of special reports are needed?

In order to calculate the cost of customization you can use the following estimates:

  • Minimal customization - integrate with 1-2 systems: $2,500
  • Standard customization - integrate with 3-5 systems: $10,000
  • Fully customized system - integrate with more than 5 systems: $25,000

Cost of data migration when migrating to GoodData? Relevant for GoodData

Most companies opt for data migration services from a vendor, which raises the cost of product ownership. If you choose to transfer data on your own, you can avoid paying the cost of data migration.
Data migration cost depends on the amount of data to be transferred, your current software, availability of migration tools, complexity of data, and gaps between the existing system and the new system.

If your data is stored in excel spreadsheets, then it may incur you a lot of time and money to migrate data from excel.
By involving a business services provider in data migration, you are asking them to offer additional services, for which you may have to pay extra.

As a rule of thumb the cost of data migration depents on how many records you want to migrate. Records can include number of Customers, invoices, financial transactions, products, versions, etc. Here is a list you can use as a rule of thumb:

  • 1,000 records: $500
  • 10,000 records: $2,500
  • 100,000 records: $10,000
  • 1,000,000+ records: $25,000

What is the cost of training for GoodData? Relevant for GoodData

As a buyer, you are required to pay extra for in-person training, though some vendors offer web-based solutions as part of the package. the cost may involve end-user training, video/self, group, department, and train the super users.

The cost is mainly derived from the approach that you select for your organization:
  • End-user training
  • Group/Department
  • Video /self
  • Train the trainer/super user

Here are some questions to answer: How many groups (different departments, usages, type of users) are needed?

In order to calculate the cost you can use the following estimates:

  • 1-2 Sessions: $500
  • 3-4 Sessions: $1,500
  • 5-7 Sessions: $2,500
  • 8-10 Sessions: $5,000

How GoodData pricing compared to alternarive Business Process Management (BPM) solutions?

When comparing GoodData to alternative systems, on a scale between 1 to 10 GoodData is rated 5.2, which is similar to the average Business Process Management (BPM) cost.
The main competitors for GoodData are Pentaho Business Analytics and DataRPM.

Pentaho Business Analytics can draw information from multiple sources including on premise and cloud based data repositories, unstructured Big Data, as well as real-time data streams. It can embed its analytic tools like dashboards into customer applications, includes visual mapping & location support, and allows mobile device access for data querying and display as well. Finally Pentaho Business Analytics also provides predictive analytics to detect patterns and trends for information insights to help in decision making.

GoodData however provides analytics for sales & marketing, services as well as social engagement. Additionally the product can be customized, includes support for embedded analytics and provides “White Labeling” options for corporate branding and presentation as a company’s own product. GoodData provides its own data warehousing service and is offered as a cloud based or on premise solution.

DataRPM BI intelligence suite’s unique selling point on the other hand is its natural language search & analysis feature using smart machine data analytics. This helps users to get information much faster and easier without having to know how to design or query. In addition its smart data modeling works seamlessly in the backend to unify multiple data sources without any user intervention. DataRPM also provides both data insights & predictive analysis to enhance information reporting.

While GoodData does not support these features it does provide a library of pre-defined dashboards which can be readily used for analysis. Additionally the product supports IT Governance standards for business information access & update to ensure data integrity and security.

How can the team at ITQlick help?

The science of TCO (total cost of ownership) may not be easy to calculate. If you seek to get a detailed info about the TCO, get in touch with ITQlick experts. Contact us today and get up to date, detailed quotes.

Author
Shlomi Lavi - admin

Shlomi Lavi

Website Linkedin Facebook Twitter

Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.