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Tips To Reduce Your Telecom Costs
Author: John SheplerBusiness is open. Business is closed. Business has resumed. Most companies are suffering from the effects of the Covid-19 crisis. In good times, progress reigned. Now survival is key and an important part of business survival is price control. Here are some things you can do right now to cut costs while on the go.
Are you paying for things you don't use?It seems clear that no one pays for something they don't use, but both consumers and companies are responsible.
Get your phone bill, pens, and markers. Now in turn. Imagine yourself as a former gold digger searching for gold. This gold is in the form of non-value-adding expenses.
Are you currently using all the leads that come into your business? What about lines of buildings that used to be offices and are now warehouses? Fax lines no longer connected to fax machines? Old burglar alarm lines or phone numbers? Old data lines that don't move anymore?
How about mobile phones? Each phone must be currently in use by an employee. Are there any laid-off employees who were not transferred? What about features that no one uses?
Every line, every task, every tool is assigned and selected. Contact your service provider now and cancel anything not in use.
The same goes for equipment rental. If you are not using it, put it back and stop the bleeding. As the situation improves, buy the resources you need now.
I'm assuming you hid a bunch of equipment here and there while you explained. Routers, switches, computers, phones, adapters and even software blocks. Ask someone who does nothing to start selling these things on e-bay. True, some of them are of little value and should be reused. Sell anything worth loading time and shipping costs. This can become a source of income and insure unfinished business.
Pay less for the same price.
I'm sure you are paying more than you need for your telecom lines. This is because regulation and new competition drive down the cost of bandwidth year after year. Maybe a three-year contract is ending or you're paying monthly for an overdue contract. Deciding how many rows you need and at what capacity and getting a new competitive price offer is a huge added value.
T1 lines are still popular, but their prices are much lower than ten years ago. Same rules, much lower prices. DS3 (45 Mbps) and OCx fiber services at 10 Gbps and higher are largely being replaced by carrier Ethernet. It is more compatible with modern hardware, has scalable bandwidth, and is very low cost. Currently fiber dominates, but there is also Ethernet over copper and wireless networks. MPLS networks are more cost effective than multiple point-to-point links. SD-WAN replaces MPLS for greater savings.
How to fix all this? You need to work with a good lead agency like Telarus that has relationships with dozens and dozens of suppliers. A knowledgeable agent will give you plenty of advice and help you choose the best options for your situation.
Don't invest, pay as you go.
You heard that the cloud controls everything. Well, there is a good reason for this. Gone are the days when all businesses needed to protect telecommunications and server rooms. All this has said goodbye to the cloud, which is nothing more than a huge data center built by full-time employees to serve everything. You can focus on your business while taking care of your ever-changing infrastructure. Can cloud centers provide cybersecurity and detect emerging threats? Do you really want to wear it?
Moving to the cloud gives you two things. This eliminates capital costs (Capital Expenses) and allows you to pay as you go (Operating Costs). Pay as you go can be very useful these days because you can scale up and down quickly when the business is on a rollercoaster ride.
Don't forget to account for bandwidth, which can easily go up and down. If you get fiber service with a GigE or 10GigE port, you can use whatever bandwidth you want and pay only for that. Some services allow you to quickly update and return online. This is far from the old fixed telecommunication channels.
Are you adjusting to new norms and worried that you won't be able to pay the costs of running your business? Don't let networks and telecommunications drag you down. Get competitive pricing and expert advice now and cut your costs as quickly as possible.
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