What is IBM?

IBM, or International Business Machines Corporation, is a global technology and consulting company headquartered in Armonk, New York. With operations in over 171 countries, IBM provides a wide range of products and services, including cloud computing, AI, and IT infrastructure, designed to help businesses innovate and grow.

How much does IBM software cost?

Based on Vendr’s internal transaction data for IBM, the minimum price varies based on a company's specific needs. However, the maximum price for IBM software can reach up to $2,170,000. Our data also reveals that the average cost for IBM software is about $45,069 annually.

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IBM Product Descriptions

Data Refinery

IBM Data Refinery is a powerful tool that helps organizations clean, prepare, and transform data for analysis. It simplifies data wrangling and ensures high-quality data for better decision-making.

Db2 Analytics Accelerator

IBM Db2 Analytics Accelerator enhances the performance of Db2 databases by integrating advanced analytics capabilities. It allows for faster query processing and real-time insights, making it ideal for data-intensive applications.

IBM Aspera

IBM Aspera enables the fast and secure transfer of large files and big data over any distance. It's built for high-speed collaboration, synchronization, automation, and migration, ensuring efficient data handling.

Other products include IBM Cloud, IBM Cloud Database, IBM Cloud Pak for Integration, IBM MaaS360, IBM MQ, IBM Security QRadar, IBM Watson, IBM Watson Studio, IBM Weather, SoftLayer, and SPSS Software.

Vendr community insights for IBM

Here are some recent insights from our community regarding IBM:

"We were purchasing IBM tools through a VAR who came in with a 36% increase. We ultimately went with another VAR, Perfaware, in order to get better pricing. We were able to secure a 5% price cap for the following renewals."
"We were renewing our IBM Planning Analytics tool through Cubewise (a reseller) and were unable to get a 5% uplift taken out of our contract."

How can I get a percentage off list price for IBM?

Vendr customers typically achieve an average savings of around 13%, amounting to approximately $1,900. By leveraging our extensive experience and data from completed deals, Vendr helps customers secure lower prices than those listed on IBM's official website.

How does Vendr help me get the lowest price on IBM?

Vendr uses insights from more than 30 unique purchasers and over 50 completed deals to help users get the lowest price on IBM software. We employ several tactics to achieve the lowest possible price for our customers:

Economies of Scale: Combining purchases to benefit from bulk pricing.
Expected Growth: Leveraging anticipated company growth to negotiate better terms.
Multi-Year Commitments: Securing lower prices through long-term agreements.
Quick Sales Process Signatures: Speeding up the sales process to gain favorable terms.
End-of-Quarter Signatures: Taking advantage of vendors' quarterly sales targets.
Case Study References: Offering to provide case studies in exchange for better pricing.

By utilizing these strategies, Vendr ensures you get the best possible price on IBM software. Create a free Vendr account to start saving today.

What's the best way for me to get the lowest price for IBM on my own?

Vendr's Premium Intelligence provides deeper community insights, pricing benchmarks, contract analysis, stack savings review, and SaaS experts on demand to empower your procurement team. Here’s how it helps:

Pricing Benchmarks: Compare your pricing against industry standards to ensure competitive rates.
Community Insights: Access real-world experiences and pricing data from other IBM software users.
Stack Savings Review: Optimize your software stack to eliminate redundancies and reduce costs.
Contract Analysis: Get expert reviews of your contracts to identify potential savings.
SaaS Experts on Demand: Consult with procurement experts to navigate complex purchasing decisions.

Why do Department Heads prefer purchasing IBM through Vendr?

Vendr eliminates unnecessary sales calls, outdated channel partners, and long sales cycles. This results in:

Elimination of Unnecessary Sales Demos: Save time by skipping redundant product demonstrations.
Faster Access to Software: Quickly get the tools you need without lengthy negotiations.
Accelerated Time-to-Value: Start using your software sooner to achieve business goals faster.
Adherence to Company Policy: Ensure all purchases comply with internal policies and procedures.
Budget Ownership: Maintain control over your budget with transparent pricing.

This paves the way for department heads to maximize software ROI and maintain strong relationships with their finance and procurement teams.

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