The savings come in what is known as "the iceberg effect" - the costs that occur after the sale; implementation, hardware, technology staff costs, administration, and training. TITAN-Pinnacle has bundled these services together in an affordable and easily budgeted monthly fee. When you look at total cost of ownership, these expenses quickly add up, and hosting becomes a very price competitive solution. Cost savings can be as high as 60% over traditional models!
Traditional Model vs. K2Analytics:
Comparison is based on purchase of:
HFM Basic Tier List price, T&D Server,
10 interactive users / 5 view users*
Cost
Traditional
K2Analytics
Hyperion HFM
$ 223,500
$ 223,500
Annual Software Maintenance
$ 40,230
$ 40,230
Implementation
$ 200,000
$ 35,000
Training
$ 25,000
$ 10,000
Hardware
and Other Software
$ 60,000
$ 3000/Mo.
System
Administrator
$ 100,000
$ 189/User
First
Year
$ 648,730
$ 378,750
Ongoing
Cost
$ 160,230
$ 125,250
*
Prices are for comparison purposes only.
Software List prices and user costs vary
based on number of application users.