Even when such problems are avoided, the growth of M2M systems has come at a significant cost to organizations choosing to deploy devices with cellular connectivity. Not only do the costs of the rate plans from the different mobile network providers need to be considered, but also the costs associated with the management of devices. This leaves significant opportunity for a number of inefficiencies to arise including fines for overuse of data or, on the opposite end of the scale, overpayment for underuse of data.
It has always been a core capability of MDSL’s Telecom Expense Management (TEM) solution to track conventional mobile devices and their associated data plans, but now MDSL has introduced new features aimed specifically at helping organizations to better track and optimize costs across their M2M deployments. The potential savings for organizations, often struggling to manage their deployed devices, are enormous. MDSL has already been proving the capability of its solution, managing over 80,000 M2M devices for a large multinational corporation headquartered in Europe and delivering significant cost savings.