In recent years, many companies have changed their policies to allow for a BYOD or partial BYOD strategy. This mass exodus from corporately owned devices was influenced by the belief that BYOD would save money on companies' wireless costs. So why does the average enterprise still pays 30 to 40 percent more than they should on these services?
Wireless cost management has become a difficult task for IT leaders, which is contributing to the gross overspending. Make sure you eliminate unnecessary wireless costs this year by addressing and resolving these three issues:
The negative impacts of BYOD
Switching to a BYOD policy has many potential advantages, but it is not without its costs. Moving large numbers of corporate users to individual plans and devices can result in the loss of carrier discounts and credits. The best way to keep these discounts is to offer incentives to employees that sign up on your corporate rate plan with their device. You need to also watch out for early termination fees associated with switching users. These can quickly negate any BYOD cost savings if you aren't aware of these and how to manage them.
Determining fair market value
Unfortunately, there just isn't an easy way to find out fair market value on wireless service and solutions. Complexity and a lack of transparency in vendor prices and terms is a major culprit in the case of overspending. You must start benchmarking pricing now if you want any chance of eliminating unnecessary spending. Use all of your contacts and networking resources available to help determine fair market value for your service. Consulting with an expert may be a good idea.
The complexities of shared data plans
Gone are the days of unlimited data - most major carriers eliminated these in 2012. This means that many companies are now contracted under shared data plans, which can be very complex. If you don't understand these plans or how they will affect your costs, you are likely in for a rude awakening. Find out what this means for your data costs and know how you plan on managing them.
Wireless cost management has become a difficult task for IT leaders, which is contributing to the gross overspending. Make sure you eliminate unnecessary wireless costs this year by addressing and resolving these three issues:
The negative impacts of BYOD
Switching to a BYOD policy has many potential advantages, but it is not without its costs. Moving large numbers of corporate users to individual plans and devices can result in the loss of carrier discounts and credits. The best way to keep these discounts is to offer incentives to employees that sign up on your corporate rate plan with their device. You need to also watch out for early termination fees associated with switching users. These can quickly negate any BYOD cost savings if you aren't aware of these and how to manage them.
Determining fair market value
Unfortunately, there just isn't an easy way to find out fair market value on wireless service and solutions. Complexity and a lack of transparency in vendor prices and terms is a major culprit in the case of overspending. You must start benchmarking pricing now if you want any chance of eliminating unnecessary spending. Use all of your contacts and networking resources available to help determine fair market value for your service. Consulting with an expert may be a good idea.
The complexities of shared data plans
Gone are the days of unlimited data - most major carriers eliminated these in 2012. This means that many companies are now contracted under shared data plans, which can be very complex. If you don't understand these plans or how they will affect your costs, you are likely in for a rude awakening. Find out what this means for your data costs and know how you plan on managing them.
About the Author:
Joseph B. Kappernick specializes in helping Fortune 500 companies save money. He recommends that you visit NPI Financial to learn more about telecom expense reduction service
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