What Are the Financial Benefits of eSIM Tech to Business?

eSIM for business

The inevitable rise of eSIM technology has finally started as more smartphone manufacturers start to embrace it by equipping newer models of their products with eSIM functionality and support for cellular data API.  That’s not simply a coincidence because these companies are beginning to see the potential financial benefits that eSIM can bring to both consumers and businesses. If you’re interested in those benefits, here are some of them.

Is There an Actual Financial Benefit to Using eSIM?

As we move further into an all-digital world, relying on a physical SIM card doesn’t seem to be the natural path forward. Removing a physical slot and reader in any device alone has a lot of cost benefits as well as moving away from the costly distribution of SIM cards. But the question is, will it become such a monumental change that it disrupts the market? It’s possible and highly likely to happen. What rocks a market is when users can find a new benefits and savings (through eSIM’s on-demand connectivity and cheaper roaming) while using their device.

No More Untrustworthy Connections

Security is a huge concern for most organizations. From smartphone manufacturers trying to figure out how to make their devices hack-proof and tamper-proof to IT managers in companies trying to manage SIM profiles for their employees.

The business benefits of eSIM actually extend to security as well. Security standards on mobile networks are high and enterprise grade – unlike public Wi-Fi networks in airports, hotels, or cafés – as they are secure by default and equipped with embedded cryptography. On the other hand, companies whose employees handle sensitive data on a daily basis can easily monitor their employees’ eSIM integrity to prevent any security breaches. These scenarios prove the value of eSIM connectivity from security and financial standpoints.

More Services to Sell for Network Operators

The financial benefits of eSIM for companies and their employees are self-evident. But mobile network operators (MNO) and device manufacturers also have a lot to gain with the spread of eSIM technology.

As more manufacturers produce devices with eSIM functionality, that means more people get to use those devices and activate their eSIMs by connecting to the MNO’s networks. It simply translates into increased sales of mobile subscriptions and services, including cellular data API.

The best part about it is it’s not only limited to smartphones. Since eSIM technology takes up very little space in any given device, it’s already built into tablets, laptops, and smartwatches. It can also be incorporated into just about any device that has connectivity and even those that are previously unconnected. From printers to smart refrigerators and cars, there’s really no limit to what device, appliance or machine can connect via eSIM. This will create an exponential increase in “subscribers” for MNOs as more items get connected.

Conclusion

There’s really nothing stopping the eSIM revolution as it’s the natural evolution of physical SIM cards. With the rapid development of IoT devices – for both consumer and industrial use cases – and more portable forms of connected devices, eSIM stands at the center of it all. With that big of a change, many businesses and industries stand to gain from eSIM and how it’ll democratize access to cellular connectivity.

Celitech empowers businesses with cellular data eSIM. We are the world’s first digital-only connectivity platform offering a global cellular data API for any business or app. If you want to learn more about how our programmable eSIM API can benefit your business, reach out for a live demo.

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