How Much Does Asset Performance Management Software Cost?
Your operation lives and dies by its productivity. In order to keep that at its highest, you need to be able to easily detect and resolve:
Companies often turn to asset performance management software (APM) as a way to manage their facilities’ productivity.
However, they are often hesitant to get started because they think it’ll be way too expensive.
Wouldn’t it be nice to understand what this investment will cost you and discover the impact it could have on your business?
Rather than spending the next 12 months thinking about it, take action today! Affordable pilots provide a more informed buying decision in a fraction of the time.
With the experience gained throughout the pilot, it will be easy to build the business case for advancing with Operational Intelligence software.
Purchasing asset performance management software is a significant decision, but it shouldn’t be complicated. Confusing pricing models make the buying decision harder than it needs to be.
In this article, we’ll take you through the factors that affect the price of software solutions. Furthermore, by filling out the form on this page we can provide you with an estimate for your facility/facilities. By the end of this article, you’ll be prepared to make a decision that’s right for your business and avoid the confusion and concerns that can come from varying costs.
To further reduce that concern, though, we offer the pilot program to demonstrate the impact before you fully commit.
Many asset performance management software solutions in the market charge you based on the amount of data they’re processing or the number of users in your organization – but these metrics don’t align to your business, therefore making it challenging to evaluate.
Having worked in this space for a long time, we often see competitor’s software license prices starting at six figures ranging well into seven figures for a company with even a modest amount of equipment and locations. And that’s just for the license – the customer then is required to pay substantial integration and implementation fees and ongoing maintenance and support fees.
Atonix offers software-as-a-service products, so customers simply pay a subscription, and the hosting, updates, security, and customer support are taken care of. The subscription model allows customers to get started at an affordable price, and we have to prove value every year to ensure subscription renewal.
Our pricing is structured by the number of, and type of, sites included in the subscription. Sites with large quantities of equipment are priced higher than sites with relatively lower equipment counts.
Our software has been proven on small and simple water and wastewater sites, large and complex refineries, and everywhere in between.
To give you an average, a client with two small water plants will pay somewhere in the range of $30,000 per year for Atonix software and a customer with a large paper mill or refinery will pay closer to $100,000 per year. However, these same customers are typically saving / avoiding in excess of $300,000 to $1,000,000 per year in probability weighted risk avoidance. The prevention of just a single downtime event will greatly outweigh the subscription cost.
Regardless of where your subscription model may end up eventually, we suggest you start small with a pilot to demonstrate the impact Atonix software will have on your company.
We think it’s important that our customers don’t feel restricted once they’ve paid their subscription, so we do not have restrictions on number of users – The more users, the better in our opinion. More users suggests the customer is getting more value and is more likely to renew their subscription.
We also don’t modify the subscription price with minor changes in equipment or data. We want customers focused on using the software, not administering the subscription.
AtonixOI drives a full resolution process that includes quantification of issue impact by multiplying the probability of occurrence times the impact. These issue impacts make it easy for our customers to identify the value from using our software. Stats from our existing customer base show that an average customer detects between 30 and 50 reliability and efficiency issues per site per year with an average probability-weighted risk of $9,250/issue.
Don’t just take our word for it though…
Throughout an initial pilot, Atonix software typically identifies over 15 issues and saves your company over $100,000, which is why 95% of people who pilot our software stick with it.
We get it – you’re hesitant. Is Atonix just going to flood my inbox with senseless sales messages trying to get you to buy?
The answer is no. After a quick evaluation, we will calculate an estimate based on the information you inputted. We will then email you this estimate and reach out to discuss what getting started with a pilot would entail.
If you’re not interested or Atonix isn’t a good fit, that’ll be the end of it.
If you’ve made it this far, you have nothing to lose.