Cellular Benchmark

Let’s first pinpoint how your mobile environment stacks up to the latest industry standards and businesses of similar size and scope. Valet evaluates your cellular environment in 3 phases through a structured analysis of individual, company, and industry data.

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Billing & Usage Analysis

Understand key activities and usage patterns
Learn key expense drivers
Understand total contract cost
Compare contract services to business needs
Determine cancellation fees and strategies to minimize

Contract Pricing Comparison

Compare rates and billing to similar organizations
Understand offerings and rates across all carriers
Establish target rates for future contract

Cellular Industry Trends

Industry trends in device usage and ownership
Evaluation of BYOD usage amongst large organizations
Lease vs purchase vs in-plan evaluation
Strategies demonstrated by similarly sized organizations

Plan Optimization

Optimizing data plans and usage to ensure IoT devices operate cost-effectively.

How we can help:

Usage Reports: Providing monthly usage reports to tailor data plans based on actual needs.

Plan Adjustments: Regular plan reviews and adjustments to ensure cost-efficient operation of IoT devices.

Lifecycle Services

Managing the lifecycle of IoT devices is crucial for continuous operation and cost efficiency.

How we can help:

Device Management: Efficient handling of device adds, moves, changes, and cancellations to adapt to the dynamic nature of construction projects.

Asset Tracking: Comprehensive lifecycle reporting and planning to keep track of all IoT devices and plan for future needs.

Reverse Logistics: Streamlined capture, refurbishment, and redeployment of devices, minimizing downtime and costs.

Expense Management

Managing the costs associated with a large number of IoT devices can be challenging.

How we can help:

Real-Time Monitoring: Continuous tracking of device usage and expenses to prevent budget overruns.

Cost Optimization: Identifying high-cost and zero-usage devices to optimize resource allocation.

Detailed Reporting: Monthly executive reports and bill allocation to maintain financial control and transparency.

Cellular Benchmark Insights

Valet provides a scorecard for your company addressing key elements under four categories.

Data Governance

Data governance focuses on identifying who drives data usage and uncovering savings opportunities through data plans. We examine four components:

Data Pool: ensuring efficient collective data allocation
Average Usage per User: identifying patterns and outliers
Usage Alignment: verifying users are on suitable plans
End-user Reporting: providing transparency and accountability

This comprehensive approach helps pinpoint inefficiencies and implement cost-saving measures to enhance operational efficiency.

Financial

The financial component focuses on ensuring cost stability and competitiveness. We address key questions such as whether your costs are stable month-to-month, if you’re receiving best-in-class competitive pricing, and the impact of roaming charges. The four components analyzed are:

Total Cost: providing an overall expenditure overview
Cost per User: identifying per capita spending
Roaming: assessing the financial impact of roaming charges
Device Capture/Reuse: evaluating the efficiency of device utilization.

This thorough financial assessment helps identify areas for cost control and optimization, enhancing overall financial efficiency.

Fleet Health

Fleet Health evaluates the condition and management of your devices. Key aspects include:

Device Aging: monitoring the lifecycle and age of your devices
Device Plan Matching: ensuring each device is on the most suitable plan
Device Repair/Replace: assessing the efficiency and cost-effectiveness of repairing versus replacing devices

This comprehensive analysis helps maintain an optimal and cost-effective fleet, ensuring devices are up-to-date, appropriately managed, and efficiently serviced, thus enhancing overall operational efficiency.

Contract Cleanliness

Contract Cleanliness focuses on optimizing contract terms and usage. This involves:

Plan Alignment: ensuring plans match actual usage
Identifying and eliminating Unused Lines: to avoid unnecessary costs
BYOD (Bring Your Own Device) Conversion: which assesses the potential savings from allowing employees to use their own devices

This thorough review of contract terms and usage patterns helps eliminate inefficiencies, reduce costs, and enhance overall operational efficiency.

Request a Cellular Benchmark Report

Valet analyzes your usage information and performs a detailed assessment which includes information you can act on immediately, including:

Specific ways to reduce spend
Policies to encourage responsible usage
Strategies to reduce cancellation fees
And much more

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