Private mobile networks are increasingly becoming a vital component of the hospitality industry, helping hotels and resorts improve their operational efficiency, enhance the guest experience, and provide better security. However, before rolling out a private mobile network, it is crucial to consider the Total Cost of Ownership (TCO), which includes both direct and indirect costs associated with building and maintaining the network. Here are some of the elements that make up TCO for private mobile networks in hospitality:
- Network Infrastructure: This includes the hardware and software required to build the network, such as routers, switches, access points, servers, and licenses. The cost of network infrastructure varies depending on the size and complexity of the network.
- Installation and Configuration: The cost of installation and configuration includes the fees for engineers and technicians to set up and configure the network. This also includes the cost of any necessary permits and licenses required to deploy the network.
- Maintenance and Support: Maintenance and support costs include the cost of ongoing network monitoring, troubleshooting, and repairs. This also includes the cost of software and firmware upgrades to keep the network up-to-date and secure.
- Training and Education: Staff members need to be trained on how to use and manage the network effectively. The cost of training and education includes the cost of instructor-led training, online courses, and certification programs.
- Security: Private mobile networks require robust security measures to protect against cyber threats, data breaches, and unauthorized access. The cost of security includes the cost of firewalls, encryption, intrusion detection and prevention systems, and security audits.
- Power and Cooling: Private mobile networks require power and cooling to ensure that the network infrastructure operates optimally. The cost of power and cooling includes the cost of electricity, backup power supplies, and cooling systems.
When considering the TCO for private mobile networks in hospitality, it is essential to factor in the potential benefits of deploying such a network. These benefits include increased operational efficiency, improved guest experience, better communication and collaboration, and enhanced security.
However, there are also potential challenges to deploying a private mobile network in hospitality, such as the high upfront costs, ongoing maintenance and support costs, and the need for specialized IT staff to manage the network. Financing options, maintenance partners and a trustworthy service provider would go a long way to mitigate those challenges, so it’s key to do the homework and develop a deep understanding of the exact needs of the organization prior to deployment.
Overall, when considering a private mobile network for the hospitality industry, it is crucial to weigh the potential benefits against the total cost of ownership to make an informed decision.
