Cost Savings Analysis Results

The analysis below is meant to provide a high level cost comparison using estimated industry rates for competitive software. Since discount levels and science modules varies from customer to customer, the analysis below may not match exact costs in your environment. However, these results have proved to be directionally accurate for numerous customers that have switched to KINGDOM. Our sales force and technical team is available to provide you a detailed analysis of your actual cost comparison.

Inputs  
Number of Interpreters 10
Number of PC-Based Interpretation Seats 5
Number of Unix\Linux-Based Interpretation Seats 5



Scenarios 3 Yr 5 Yr
Estimated Cost of Current Environment* $1,890,000 $3,150,000
SMT Cost - NEW License PLUS Maint* $666,000 $810,000
Percent Savings 65% 74%
Cost Savings $1,224,000 $2,340,000

* Assumes use of software from a major vendor, and prices are based on estimated USA list. Interpretation software functionality comparison includes geological, geophysical, petrophysical, and multidimensional workflow capabilities, as well as advanced topics in validation and risk reduction like AVO modeling, attribute generation, and depth conversion.

On an Operating Expense basis this is $558,000 in reduced expense, or a 89% savings!

Sources of Cost Saving

SMT, per seat cost, even with high-end, high-performance geoscience capabilities included, is lower than major competition. This is possible because SMT is a focused software company, and therefore, lacks some of the overhead costs of the major services companies.

In addition, SMT maintenance rates are also significantly lower than competition, helping to lower your yearly cost. Yet despite our lower cost, we provide comprehensive support services, including global support from our offices in 7 countries, an online email forum, web-based training webinars, dozens of live user group meetings, and in-person training.

Contact us today and see how SMT can improve your workflows AND your budget!