Sumo Logic
Sumo Logic Pricing
Sumo Logic, a pioneer in cloud-based services for logs and metrics management, structures its pricing on the volume of data managed and necessary functionality. Catering to various budgets and needs, it offers users flexibility in managing their costs according to their usage requirements.
Replacing Sumo Logic involves substantial time and resources, making it a long-term investment for many organizations. Recently acquired by Francisco Partners for a staggering $1.7 billion, Sumo Logic continues to be a formidable force in the market, reinforcing its pricing strategy that is grounded on delivering value and real-time analytics to its users.
Sumo Logic Negotiation Insights
Inside the Vendr platform, you can get discount levers and commercial items for Sumo Logic to help you negotiate effectively. One key discount lever to consider during negotiations is the flexibility in adjusting retention periods. On the commercial aspect, pricing language adjustment is a factor to focus on during negotiation, this allows you control over prices based on your usage patterns and requirements.
For complete access to all the negotiation insights on Vendr for Sumo Logic, including detailed insights on discounts, renewal expectations, SKU insights, and competitor analysis, sign up for a free forever Vendr account. This will equip you with valuable insights and data to negotiate effectively and attain better pricing and cost-saving deals.
Community Insights for Sumo Logic
Gathering insights from our community can be incredibly valuable when considering Sumo Logic for your SaaS needs. Here are the two most recent insights shared by our users:
- "Sumo Logic will try to increase rates despite growth especially since their new CEO is not honoring legacy discounts. You can fight back on this, leveraging Datadog if needed, to push for stronger economies of scale." - Community Insight was posted 1 month ago.
- "We were able to achieve a 15% discount as our credits were running out, by staying firm on strict parameters set by Finance." - Community Insight was posted 4 months ago.
For more detailed insights and to join the conversation, we encourage you to sign up for a free forever Vendr account. By doing so, you'll unlock access to a wealth of knowledge, including the full range of community insights for Sumo Logic. Additionally, as a Vendr member, you'll gain further insights such as the estimated time to implement Sumo Logic, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process.
Sumo Logic Overview
Sumo Logic is a vanguard in the realm of cloud-based services, specializing in the management of logs and metrics for today's modern applications. Designed to offer real-time analytics and insights, Sumo Logic stands out in the Dev Ops landscape and is particularly relevant in the field of Application Performance Monitoring.
Typically, the average closure time for Sumo Logic deals is 38 days, serving organizations with an average size of 900. With a market presence reaching 'Leader' status and a solid retention rate of 67.74%, Sumo Logic continues to be a choice solution for many.
Compliance and Security
Adherence to standard compliance regulations is key in the SaaS industry, and Sumo Logic meets this requirement head-on. Firstly, Sumo Logic is fully compliant with the General Data Protection Regulation (GDPR), providing reassurances for companies operating under the data protection and privacy laws of the European Union.
Moreover, Secure Single Sign-On (SSO) and Multi-Factor Authentication (MFA) are both well-addressed capabilities within Sumo Logic, facilitating trusted and secure user access management.
Sumo Logic's abidance with the Service Organization Control 2 (SOC2) standards exhibit its commitment to achieving and maintaining high levels of security controls, crucial in protecting systems and data.
Lastly, Sumo Logic pays due attention to Personally Identifiable Information (PII) and Data Processing Agreement (DPA) regulations, adding further layers to its proactive approach to compliant and secure operations.
