How Higher Education can cut costs via asset management

Financial troubles are hitting the higher education sector hard. From rising operational costs to reduced funding and declining tuition fees, many institutions are struggling to stay within their budgets without cutting corners.  

One area you might not immediately consider as having cost-saving potential is device management. Initially it can seem like an expensive investment, especially if you already have an internal IT team. However, the risk of not managing your devices can lead to unforeseen risks and costs further down the line. 

A device management service could help you save in the long run in several key ways, such as: 

Boosted productivity and staff retention 

Are your IT teams bogged down by tasks like device provisioning and laptop repairs? Not only does this hinder their productivity, preventing them from focusing on more critical responsibilities, it could also be negatively impacting your staff retention. With continued staffing challenges in the higher education sector, it’s important to ensure your employees are fulfilled and working on the jobs they’re qualified for.  

Thankfully, a device management service can automate these workloads, boosting the productivity of your IT teams, and preventing costs associated with replacing a staff member (such as interviews, training, and setting up new devices). 

Enhanced security and compliance  

Centralised device management allows for proactive threat detection and response. This reduces the risk of any data breaches or losses, which carry heavy costs not only financially, but also for your reputation. 

Asset tracking

Having your assets tagged and managed is a great way to boost the efficiency of your core business processes like onboarding & offboarding, as well as organising device maintenance, repairs & upgrades. It also prevents the risk of lost or stolen devices, which can be costly to replace and leave your business open to security breaches. 

If you think you’d benefit from a device management service but you’re worried about cost, it’s best to find a partner who can work to your specific budget and requirements.