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!