The laboratory information management system is a software that you cannot do without if you are in the business of pathological laboratory. In today’s world of cut-throat competition, every lab in the city and country are vying for the biggest piece of the customer revenue pie. To attain the pinnacle in the industry, a LIMS is the best investment for any lab owner.
There are a host of companies that are trying to pitch their product as the best and bombarding the customers with advertisements, features, specifications, information et al. But even with all the information that is available with the labs of today, the actual cost of lab information management system is still a grey area and not many companies are educating the potential about it.
In this blog, we will share some of the key aspects that make up the actual cost of implementing and maintaining a laboratory information management system (LIMS). The major cost of the LIMS can be broken down into four main categories, namely:
Software License
LIMS – License fee of the laboratory information management system makes up the major cost of implementation process
Database – Every laboratory information management system is supplemented by a core database which stores all the information
Cost of Operational Modules
Instrument Interfacing, Stability, and Calibration costs are covered under this tab. Also, every LIMS has hosts of modules as add-ons which can improve the overall workflow. Cost here would be dependent on the level of automation the client desires.
Cost of Hardware
While many of the LIMS in the market today are working on the Software-as-a-Service model, still there are quite a few solutions which still require expensive hardware purchase to implement
Cost of Implementation
This includes the cost of implementation meaning the service costs of the implementation and requirement of manpower.
Cost of Training staff
While LIMS outflow may be standard, still the inputs and workflow management needs to be understood before someone is ready to use the software. Most manufacturers provide a training to the employees of the lab where the LIMS is being implemented.
Support and Maintenance post implementation
This is as simple as it sounds, all costs involved post implementation of the LIMS is covered under this head.
In another post, we have covered how the cost of implementation can be reduced by following a few simple guidelines. The major points and headings covered in the post were:
- Understand the level of Automation required
- Limit Customization
- Minimize Hardware Cost
- Understand Time Targets
- Cost of Employee Training
- Post Sale Support
- Mobile Apps
If you are interested in implementing a world-class Laboratory Information Management System (LIMS) at your lab and not burn a hole in your pocket in the process, click on the link below for scheduling a free demo of the Care LabTrak, the world’s most cost-effective and efficient laboratory information system.
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