IDC

What is IDC?

IDC examines consumer markets by devices, applications, networks, and services to provide complete solutions for succeeding in these expanding markets. Their software offers valuable insights and data analytics to help businesses make informed decisions, optimize strategies, and stay ahead in competitive markets.

How much does IDC software cost?

Based on Vendr’s internal transaction data for IDC, the minimum price varies based on a company's specific needs. However, the maximum price for IDC software is around $100,000. Our data reveals that the average cost for IDC software is about $66,000 annually.

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Vendr community insights for IDC

Here are some recent insights from our community regarding IDC:

• "IDC has a standard 8% renewal uplift which they reduced to 3% for a 2-year deal. Originally offered a 90-day opt-out for Y2 and then took that away."
• "We were able to secure 18 months for 12 month pricing; 6 months free of charge and another option of an additional year to the single year terms at 20% the first year pricing. This is all due to the new partnership and EOY movement."

How can I get a percentage off list price for IDC?

We currently do not have average savings data for IDC. However, by leveraging our expertise from completing over 40,000 deals across 5,000 suppliers and $4B+ in software spend with an average savings of 11%, we will ensure you always pay the best and fairest price. Vendr customers typically get a lower price than what is currently listed on IDC's official website by utilizing our extensive market knowledge and negotiation strategies.

How does Vendr help me get the lowest price on IDC?

Vendr uses insights from more than 5 unique purchasers and dozens of completed deals to help users get the lowest price on IDC software. We employ the following tactics to secure the lowest possible price for our customers:

• Multi-year commitments: Securing lower rates by committing to longer contract terms.
• Expected growth: Leveraging your company's growth projections to negotiate better terms.
• Economies of scale: Combining purchases across multiple departments or subsidiaries.
• Quick sales process signatures: Speeding up the purchasing process to gain favorable terms.
• End-of-quarter signatures: Taking advantage of suppliers' quarterly sales targets.
• Case study references: Offering to provide a case study in exchange for better pricing.

By using these strategies, Vendr can assist you in achieving significant savings. Create a free Vendr account to explore these benefits and more.

What's the best way for me to get the lowest price for IDC on my own?

Vendr's Premium Intelligence provides deeper community insights, pricing benchmarks, contract analysis, stack savings review, and SaaS experts on demand to put enterprise purchasing power into the hands of organizations that staff their own procurement teams. Here’s how it can help:

• Pricing Benchmarks: Compare your pricing against industry standards to ensure competitive rates.
• Community Insights: Access real-world experiences and strategies from other IDC software users.
• Stack Savings Review: Optimize your software stack to eliminate redundancies and reduce costs.
• Contract Analysis: Get expert reviews of your contracts to identify potential savings.
• SaaS Experts on Demand: Consult with procurement experts to navigate complex purchasing decisions.

Why do Department Heads prefer purchasing IDC through Vendr?

Vendr eliminates unnecessary sales calls, outdated channel partners, and long sales cycles. This results in:

• Elimination of unnecessary sales demos: Save time by skipping redundant presentations.
• Faster access to software: Quickly get the tools you need without the usual delays.
• Accelerated time-to-value: Start benefiting from your software investment sooner.
• Adherence to company policy: Ensure all purchases comply with internal guidelines.
• Budget ownership: Maintain control over your department's spending.

This paves the way for department heads to maximize software ROI and maintain strong relationships with their finance and procurement teams.