Competitive Solution Benchmarking

Solution benchmarking entails evaluating the efficacy of one or more competitor's proposed approach in terms of its likely comparative competitive palatability to the customer against your own proposed offering. This means comparing the technical, management and price offers, benchmarking the discrete solution performance of each and leveraging any favorable deltas to craft a value "best value" advantage that translates into additional cost savings whether through improved efficiency, additional cost avoidance, or lower operations and maintenance (total cost of ownership) costs. Praxis solutions benchmarking technical suite provides detailed comparative analysis of different competitor's attributed solution elements, the cost of and risk associated with the integration of solution elements.