Mar 7, 2019
Nov 14, 2018
The True Cost of Wireless Ownership
A fully-managed wireless platform is a solution enables businesses to focus on what they do best while leaving the connectivity piece to the professionals. So in today's post, we'll take a look at the true cost of wireless ownership.
We live in a day and age where nearly everything requires steady, reliable Internet connectivity. This movement, commonly known as the Internet of Things (IoT), has far-reaching implications into all of our lives. At ever-increasing rates, everyday businesses are evolving their product lines to incorporate the many benefits of Internet connectivity.
As businesses and individuals looking to add Internet connectivity to any number of devices, the challenges involved quickly become apparent. It’s not as simple as dropping a cable in and leaving it alone.
Most hardline Internet installations will encounter many of the following challenges or concerns:
When deploying machine-to-machine (M2M) wireless devices, there will eventually come a time when dedicated resources will be required to manage each device individually as well as some collective aspects as well.
A major risk assumed by self-deployment is that of data overages. Data overages can be caused by a number of factors. One of the most common is a rogue piece of equipment (either wireless terminal or connected equipment) that malfunctions and repeatedly attempt to gain a good connection.
The result is thousands of data consuming “pings” that take away from the data pool that is available and will eventually run out, often without warning.
As soon as that data pool is depleted, overages are incurred. It is not uncommon for the rate at which data overages are charged to greatly exceed the standard per MB rate that the monthly plan supports.
This means that in addition to the expected monthly expense for wireless service, a few problem devices could cause your bill to skyrocket to double or even triple what was expected and budgeted for.
In recent years, data breaches and cyber attacks have become an increasingly common occurrence. One of the most recognized data breaches was that of the national retailer Target, which cost them upward of $252M as of the close of 2014 (McGinty, 2015).
It’s also easy to maintain the mindset that only large, Fortune 500 companies have to worry about cyber-attacks and data breaches.
However, according to a study conducted by First Data Corporation, “the cost of a data breach for a small business merchants averages $36,000 and can reach or exceed $50,000” (First Data Corporation, 2014).
There is no shortage of attempted and successful cyber attacks. With the rate that technology advances, it’s difficult to guarantee that deployed M2M equipment is updated and protected against these cyber threats, thus leaving your organization vulnerable and potentially liable for a data breach of sensitive information.
OptConnect works tirelessly with multiple vendors to ensure the most up-to-date security protocols and standards are in place, ensuring any data communications are secured and without compromise. We want to ensure the cost of wireless ownership is worth it for you and your business.
Wireless connectivity comes with a slue of unknowns. The opportunities it creates are limitless and in this day of the Internet of Things, highly profitable.
Although an organization may be able to manage a growing wireless portfolio, the grim reality is that doing so detracts them from doing what they do best.
Many of the most successful companies that utilize wireless connectivity focus on their primary products and utilize the services of fully-managed wireless connectivity providers to ensure maximum uptime, reliability, and profitably of their connected equipment.
Don’t get bogged down doing what is already being done. Don't just take our word for it, see the true cost of wireless ownership yourself, visit www.optconnect.com to get started today!
What is a Managed Wireless Service?
As businesses and individuals looking to add Internet connectivity to any number of devices, the challenges involved quickly become apparent. It’s not as simple as dropping a cable in and leaving it alone.
Most hardline Internet installations will encounter many of the following challenges or concerns:
- Site surveys
- Consultations
- Installations costs
- New vs. old construction
- Security concerns
- Instability
- How do you shield yourself from costly data overages?
- Who do you call when your hardware malfunctions?
- How do you know that the transmitted data is safe and secure?
- Who is ensuring maximum uptime of your equipment?
Cost of Ownership
When deploying machine-to-machine (M2M) wireless devices, there will eventually come a time when dedicated resources will be required to manage each device individually as well as some collective aspects as well.
A major risk assumed by self-deployment is that of data overages. Data overages can be caused by a number of factors. One of the most common is a rogue piece of equipment (either wireless terminal or connected equipment) that malfunctions and repeatedly attempt to gain a good connection.
The result is thousands of data consuming “pings” that take away from the data pool that is available and will eventually run out, often without warning.
As soon as that data pool is depleted, overages are incurred. It is not uncommon for the rate at which data overages are charged to greatly exceed the standard per MB rate that the monthly plan supports.
This means that in addition to the expected monthly expense for wireless service, a few problem devices could cause your bill to skyrocket to double or even triple what was expected and budgeted for.
Security Concerns
In recent years, data breaches and cyber attacks have become an increasingly common occurrence. One of the most recognized data breaches was that of the national retailer Target, which cost them upward of $252M as of the close of 2014 (McGinty, 2015).
It’s also easy to maintain the mindset that only large, Fortune 500 companies have to worry about cyber-attacks and data breaches.
However, according to a study conducted by First Data Corporation, “the cost of a data breach for a small business merchants averages $36,000 and can reach or exceed $50,000” (First Data Corporation, 2014).
There is no shortage of attempted and successful cyber attacks. With the rate that technology advances, it’s difficult to guarantee that deployed M2M equipment is updated and protected against these cyber threats, thus leaving your organization vulnerable and potentially liable for a data breach of sensitive information.
OptConnect works tirelessly with multiple vendors to ensure the most up-to-date security protocols and standards are in place, ensuring any data communications are secured and without compromise. We want to ensure the cost of wireless ownership is worth it for you and your business.
Limitless Opportunities
Wireless connectivity comes with a slue of unknowns. The opportunities it creates are limitless and in this day of the Internet of Things, highly profitable.
Although an organization may be able to manage a growing wireless portfolio, the grim reality is that doing so detracts them from doing what they do best.
Many of the most successful companies that utilize wireless connectivity focus on their primary products and utilize the services of fully-managed wireless connectivity providers to ensure maximum uptime, reliability, and profitably of their connected equipment.
Don’t get bogged down doing what is already being done. Don't just take our word for it, see the true cost of wireless ownership yourself, visit www.optconnect.com to get started today!
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