![]() ![]() If you choose to transfer data on your own, you can avoid paying the cost of data migration.ĭata 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. Most companies opt for data migration services from a vendor, which raises the cost of product ownership. Fully customized system - integrate with more than 5 systems: $25,000.Standard customization - integrate with 3-5 systems: $10,000.Minimal customization - integrate with 1-2 systems: $2,500.In order to calculate the cost of customization you can use the following estimates: ![]() Here are some questions to answer: How much customization is needed? How many systems do you want to integrate to? Does your company work like industry standards or does it have its own customized processes? What kind of special reports are needed? Dashboard, management and operational reports that are needed.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.Īdditionally, the following factors may affect the cost of customization: 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. Ideally customization cost is more complex to calculate compared to licensing cost. 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. You are on your own for providing end-user support, since you are not locked in with a vendor-supplied system solution. As a customer, you’re solely responsible for the ongoing maintenance, upgrading, customization, and troubleshooting of the application to meet your specific needs. The customer can acquire the system free of cost without having to incur any upfront license fee. ![]()
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