One question that perpetually vexes many of us is how to balance income and spend; the figures never seem to add up: either you think you'll spend just so much and end up spending more, or think you'll get that much and land up getting less. Although you'd expect businesses to be better, apparently they're just as bad, especially when they have to track total cost of their mobile investments.
BoxTone, the innovator that makes enterprise mobility run better, has come up with a free mobile cost of ownership (MCO) tool -- BoxTone (News - Alert) MCO Analyzer -- that ensures organizations don't face cost overruns or budget shortfalls, both of which can have disastrous consequences.
"Mobile channels drive 10 times more transactions than fixed IT assets," said Bob Egan, CEO of Sepharim Group. "For that reason, mobile deployments often suffer due to the unexpected impact on infrastructure and support costs.
This free Web-based tool helps users to measure and compare their results to industry benchmarks developed from six years of data gathered from thousands of BoxTone customers (managing millions of devices), industry research firms and managed service providers with large mobile practices.
Behind the scenes there is a sophisticated analytics and data engine working hard to makes sense of all the possible variables that users enter -- number of devices and employees, number of mobile carriers and all other costs associated with mobile deployments. It then generates a report and recommends strategies to be implemented to reduce mobile costs.
In a nutshell, businesses get to know what they're doing wrong, and what they need to do to make it right. They can then work out cost-saving service improvements that need to be implemented to optimize MCO at the current and future deployment levels.
“BoxTone MCO Analyzer is a compelling way for CIOs and their mobile IT teams to finally determine their true mobile costs, and take corrective actions to lower them,” observed Egan.
Brian Reed, chief product officer for BoxTone, found that most organizations don't know what their total MCO is or how to measure it against industry benchmarks. Surveys conducted portray the same picture.
Given the pervasive connectivity of mobility and a rampaging BYOD in the corporate sector, wild cost overruns are in the cards. Hopefully, BoxTone's MCO Analyzer will bring some order to the chaotic budgets and allow organizations breathe a little bit more easily.
Edited by Rory J. Thompson