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FutureDial Solutions Surpass 100 Million Mobile Devices Processed Worldwide
SUNNYVALE, Calif., Jan. 31, 2018 /PRNewswire/ -- FutureDial, the leading provider-of-choice of mobile device processing solutions for Wireless Carriers, Mobile Device Buy-Back Trade-In Companies, Mobile Device Recyclers and Third-Party Logistics Providers (3PL), announced today that its data-clearing and hardware testing solutions have processed a cumulative total of over 108 million Android and iOS-based mobile devices worldwide. The average selling price of second-generation smartphones is approaching $275 in today's market, representing a market value of over $2.9 billion.
Strong Market Indicators
As tens of millions of mobile devices are traded-in or returned each year to carriers or recyclers for upgrades and cash, mobile device reverse logistics operators and wireless carriers are challenged to keep up with the volume. FutureDial works closely with its customers to help scale their operations without the need for excessive labor or costly warehouse space. "The lease-return and trade-in mobile device markets has seen steady growth the past several years as the industry moves away from subsidized smart phone purchases and towards leasing and monthly installment programs," says Stephen Manning, Chief Commercial Officer for FutureDial. "Although we are seeing a leveling in the U.S. as the market saturates, the volumes are impressive from a global perspective and we expect 2018 to echo this trend."
Looking ahead, FutureDial's data analytics program, LeanAlytics™, is forecasting an uptick in the trade-in trends. Records show that 60% of the trade-in volume enters the reverse supply chain during the fourth quarter of each year, couple this with the leasing return cycles that are beginning to enter their 2-year anniversaries this year, enforces the fact that providers will need to handle larger volumes of traded-in devices every year.
Improving Operations with Lean Six Sigma Manufacturing Principles
The key to the growing adoption of FutureDial solutions by operators is due to the technology that enables mobile device processing companies to automate and streamline their labor-intensive operations through a single-touch software platform without the need for additional line operators or warehouse footage.
"We're beyond thrilled to have surpassed the one hundred million devices processed mark," notes Thomas Rayas, FutureDial SVP Marketing & Customer Success. "Our Lean One-Touch software platform for reading, testing, and clearing smartphones and tablets has had a tremendous impact in the daily operations of our customers. Applying Lean-Sigma philosophies in our software process flow assists in augmenting Lean manufacturing processes necessary for practically all large-volume operation centers."
About FutureDial
Founded in 1999, FutureDial is the leading provider of data erasure, processing and diagnostics solutions for wireless operators, mobile device retailers and insurers, and Third-Party Logistics Providers (3PL) worldwide. FutureDial's proven solutions process over 100 Million mobile devices globally, helping operators streamline their mobile device processing workflows, reducing the quantity of NTF returns, and enabling operational cost savings. For more information, please visit www.futuredial.com or email to [email protected]
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SOURCE FutureDial
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