Cloud solutions are transforming business models and opening doors to new economic models to pay for digital transformation.
With today’s budget constraints, leveraging your IT as a business engine can change how you finance and pay for your technology. A subscription-based model with a monthly fixed operational expense (OPEX) fee can free up cash which otherwise would have been invested in CAPEX equipment.
While an OPEX business model can provide the financial flexibility to help pay for your digital transformation, unfortunately sometimes even that is not enough. The good news is, new business opportunities enabled by cloud solutions can help. For example, a stadium may want to offer an enhanced fan experience but not have the budget to refresh its Wi-Fi infrastructure. Geolocation technology can provide a number of opportunities to create new revenue streams and help generate the funds needed for the Wi-Fi refresh.
As well, Location-based Services (LBS) based on Wi-Fi and Bluetooth technologies, can provide the location of users or objects in indoor facilities which can enable businesses to increase productivity and enhance user experiences. Leveraging IT as a business engine in addition to the products and services that the business normally sells can also boost revenues.
As LBS helps businesses engage with customers and consumers, it also provides insights about user behaviors and patterns. These analytics can help enterprises to optimize workflows, offers, and services, based on the behaviors that they discover. From an operational perspective, knowing where assets are in a real-time, or where they were last seen, can help keep equipment costs under control.
The goal for every business is to boost revenues, reduce costs, or both. Alcatel-Lucent Enterprise offers an alternative way to deliver, and finance technology in support of digital transformation. The Alcatel-Lucent Enterprise Network on Demand (NoD) solution, which is essentially an infrastructure-as-a-service for enterprises, lets you move to a cloud-based OPEX business model and create new value-add services to improve productivity and generate new revenues.
Learn more about how Digital Age Networking can help you leverage your IT as a business engine and transform your enterprise.
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