Gartner Research

Rising Analytics Costs Warrant a Robust Monitoring and Management Process

Published: 02 March 2016

ID: G00294699

Analyst(s): Paddy Forry


Data and analytics leaders must embrace their organizations' adaptive sourcing strategies and collaborate with key stakeholders to enable analytics innovation. Expansion of analytics must be encouraged, but costs should be monitored and can be controlled with the help of these best practices.

Table Of Contents
  • Key Challenges



  • Collaborate With Procurement and Communicate Adaptive Sourcing Strategies to Stakeholders
  • Review All Licensing Metrics Offered by Analytics Vendors
  • Prenegotiate a Tiered Pricing Model
  • Summary

Gartner Recommended Reading

©2021 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.