Data analytics, unfortunately, doesn’t have a universal price point. The cost of implementing data analytics in your company will always depend on the software, the number of data sources, and the hours of analysis and support of your tech team.
Software for Data Analytics
Crunching big numbers requires sophisticated software. One of the necessary tools to invest in is the software for your data analytics program. Many different programs for data analytics exist, such as Tableau, Microsoft Power BI, RapidMiner, and more.
At ITS, we use Microsoft Power BI because we’ve found that it fits our needs the most. Power BI has a free desktop program you can use to explore the software. But for full use, you need at least one Power BI pro license, which costs $9.99 per month.
However, you may want to explore different offerings more, especially if you’re not a Microsoft-based company. The prices of each software vary widely, along with the features of each program.