Traditional benchmarking is a complex process requiring time-consuming consulting engagements.
AvaMark™ Benchmarking Platform: Key Highlights
Most comprehensive benchmarking database.
AvaMark™ gives you access to market price comparisons for:
- Over 84 resource units across all major IT Managed Services, including:
- Server and Storage Management
- Database and Middleware Management
- End User Device Management
- Service Desk, Deskside Services
- Network and Security Services
- All key business process functions, including:
- Finance and Accounting (F&A)
- Human Resources (HR)
- Customer Services
- Supply Chain and Procurement
- Industry-specific BPO Functions
- Service rates for over 100 job roles covering all key IT and BPO skillsets across 38 geographies.
- Salary benchmarks across more than 500 cities in the US.
- Cloud enterprise agreements including enterprise discounts and private pricing.
- Enterprise software licenses covering all major ISVs.
Unbeatable data quality.
Our data is derived exclusively from negotiated contracts leveraging Avasant’s 10+ years of experience in supporting $100 billion+ worth of deals.
- No survey data, as compared to other offerings in the market. Actual contract data ensures you get the best data for your analysis.
- To maintain currency and accuracy of benchmarks, only the most recent twelve months of contracts are considered.
- A rigorous 3-stage process normalizes and cleanses the data. Each price point is anonymized and tagged with over two dozen attributes to comprehensively capture the contextual metadata.
A central Analytics Engine powers AvaMark™ and performs multivariate analysis on the data to determine the impact of key variables in any transaction. The engine empowers you with:
- Advanced ‘what-if’ analysis by running alternate benchmark scenarios.
- Predictive Capability to automatically generate insights on a current client environment, and actionable measures to optimize your sourcing.
- Self-learning Capability to automatically adapt data engine to market changes, and ensure you get the most up-to-date and market-relevant pricing figures.
Staff Pyramid Analysis.
AvaMark™ provides you with real-time analytics to optimize the staffing mix of your outsourcing projects. This feature enables you to calibrate key sourcing levers, and achieve right-shoring, optimum skill distribution and an industry standard pyramid mix within your project team.
The rich user interface includes:
- Single pane view of the blended rate, along with resource distribution in terms of delivery locations, skill set, and experience band.
- Over 15 intuitive toggle options to fine-tune your blended rate analysis in real time to arrive at the perfect pyramid composition.
Industry-leading Benchmarking Solution
AvaMark™ is a mature benchmarking solution that is designed to execute benchmarks of enterprise scale and complexity, and includes a host of features:
- Cloud-based data management and analytics.
- Real-time scenario analysis and interactive reports.
- Intuitive workflow-based user interface with explanatory tooltips and online glossary.
- Flexibility to use offline inputs (through standardized Excel import).
- Downloadable benchmark results and analysis in PDF and MS Excel format.
- New intuitive chatbot interface to conduct quick rate card-based queries.