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 | ||
---|---|---|
Avg Contract Value | $257,920 | $386,702 |
Deals handled | 26 | 142 |
Unique Purchasers | 21 | 104 |
Avg Savings | 14.53% | 9.79% |
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.
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:
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.