![]() ![]() Gain leverage with pricing benchmarksĪs we’ve learned, the companies that make up LogicMonitor’s vast customer base pay different amounts for their subscription, even if they have similar needs. For example, if the typical discount provided for a year’s contract is 20%, a two-year agreement could earn you 25% off, and so on. Our data indicates that vendors tend to offer an additional 5% discount on your fee for each extra year that you commit to. If you’ve anticipated that LogicMonitor will be a fixture in your software stack for the foreseeable future, it might be worthwhile committing to an annual, or even a multi-year contract. Let’s take a look at some vital software negotiation strategies that could help. This means that with the right negotiation strategy, you stand to secure a lower cost than what you may initially be quoted. The truth is, businesses tend to overpay on their software by an average of 26% - not just for LogicMonitor, but for all applications within their portfolio.Īccording to our data, LogicMonitor not only has a low pricing parity score, but it also has a medium discount possibility. We know firsthand that SaaS prices are rarely set in stone. Is it possible to get a discount on LogicMonitor? Yes, there is: by talking to Vertice and benefiting from our extensive database of pricing benchmarks. So, is there any other way to get accurate pricing information without requesting a quote? As a result, it can be challenging to determine the actual price that your company will pay based on the amount that your peers spend each month. It’s also worth noting that a number of the features offered by LogicMonitor require users to commit to a predetermined quota, including Spans, Metrics, and Synthetics. In fact, our own data indicates that LogicMonitor has a low parity rating when it comes to its pricing, suggesting that there are inconsistencies between what different customers of similar profiles are paying. This is because the data or quotes used could be outdated, and different sources tend to provide varying accounts of their base price. ![]() In short, it’s that searching online can provide a useful estimate of what you should expect to pay for your subscription, but any insights you gain should not be taken as gospel. This puts this user’s base monthly spend at ~$2,713. Let’s take a quick look at some examples that we can find online.Įlsewhere, a PeerSpot user on this thread claims to be signed up for the enterprise-level plan and pay $7.75 per device, per month, with a commitment of 350 devices. When vendor pricing isn’t publicly available, another way to find out what you might pay is to scour the web in search of intel on what other companies pay for their subscription. So, what are your other options for finding out LogicMonitor’s cost? Searching the web While the obvious next step is to obtain a quote, heading into a sales conversation without any frame of reference on pricing will leave you ill-equipped to leverage the best possible deal for your company. This tier of subscription offers everything from Pro, as well as advanced features such as AIOps Early Warning and up to two years of data retention. The Pro tier supports monitoring for up to 199 devices.įor monitoring 200 or more devices, the recommended plan is LogicMonitor Enterprise. The standard subscription on offer is LogicMonitor Pro, offering full access to the monitoring platform and a broad feature set including log analysis and customizable dashboards. ![]()
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