How Much Does MDM Cost? 6 Tips to Reduce Expenses

Mobile Device Management (MDM) has become increasingly important as more enterprises and organizations leverage mobile technology. MDM software supports IT administrators in managing and securing mobile devices and data, enhancing the efficiency of device usage.

By implementing MDM solutions, you can reduce the risk of data breaches and unauthorized access. However, one question coming with is: How much does MDM cost? In this article, we will explore the details of MDM costs, including the types of costs involved, factors that influence them, and tips to reduce overall costs.

Part 1 : 4 Types of MDM Costs

MDM costs may vary from the specific MDM solution and service provider. Below are some common types of Mobile Device Management costs:

Part 2 : 5 Factors That Affect MDM Costs

After learning about the fundamental types of MDM costs, it's time to gain deeper insights into the factors that influence them. Examining these sections can help you optimize your MDM strategy and avoid potential pitfalls which will increase the costs in the early stages. Below are the details:

1Size and structure of the organization

The larger size of the organization, the higher the costs may be. Because a larger organization typically requires managing large numbers of devices, users, and data, which can result in higher MDM licensing fees.

In addition, the complexity of the structure also can impact the costs. For example, each department may have unique requirements for the MDM system, leading to additional customization and configuration costs.

2Scope of the device management project

The scope of the mobile device management project refers to the extent and scale of the implementation. The larger the scope covered, the more resources and infrastructure support are needed, and consequently, the higher the costs. On the other hand, a smaller scale with fewer devices and limited features may result in lower fees.

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3Integration with existing systems

The integrations between the MDM system and existing IT infrastructure can impact costs, as it may require dedicated technology. Such as deployment motheds, development efforts, data mapping, testing, etc. All of this can contribute to the overall MDM costs.

4Amount of data domains and sources

Managing multiple data domains and sources can contribute to the cost of the MDM. Because each data domain may have specific requests, data structures, and more. While integrating data sources may involve various data activities, requiring additional time and resources.

5Customization requirements

If you have special MDM solutions requirements, you may need to customize the best one. In this result, the complexity and scope of customization will impact the MDM costs associated with the development, testing, and ongoing maintenance.

Part 3 : How Much Does An MDM Solution Cost on Average?

As mentioned above, the MDM price is different based on several factors. According to the 2022 Maximizing Mobile Value study by Oxford Economics, the average Mobile Device Management cost typically ranges from $3.25 to $9 per device per month.

To assist you in MDM cost comparison, we have collected some hot MDM software with their pricings and key features. You can refer to the details below:

Note: Please swipe to the right to view other software.

Part 4 : How to Estimate MDM Cost for Your Business?

Estimating MDM costs is crucial for you to make informed decisions about implementing a Mobile Device Management solution. Here are some key messages you can consider:

1. Consider the licensing and subscription fees.

These costs depend on the MDM vendors and the solutions you have chosen. Some MDM providers offer pricing methods on a per-device, per-user, or per-feature basis. The fees can be charged monthly, annually, or based on a one-time purchase. It's important to carefully evaluate the different MDM pricing structures and select the one that meets your needs and budget.

2. Estimate maintenance fees.

These fees include the expense of managing and monitoring the MDM system, as well as supporting, updating, and fixing issues. You should factor in the cost of hiring staff or a managed service provider to help with ongoing maintenance.

3. Assess IT support costs.

It includes the cost of installation, configuration, integration with other systems, etc. Remember to determine the number of mobile devices and users that need to be managed by the MDM solution. Moreover, you can check and ask the MDM vendors about the pricing. It can help you understand the basic cost you should pay.

4. Evaluate employee training fees.

When estimating MDM costs, you should consider the employee training expenses for implementing and maintaining the MDM solution. Proper training ensures that both the IT team and end-users obtain the knowledge needed to maximize the benefits of the MDM system.

Part 5 : 6 Tips to Reduce MDM Cost

1Identify Organization Needs

Before choosing a software solution, assess your specific requirements and prioritize the essential features and functionalities you need. This approach will help you focus on the critical services and reduce total MDM costs.

2Establishing a Clear Strategy for Corporate Device Management

Develop a well-defined MDM strategy for company devices that outlines your goals and requirements. Such as the scope of your MDM implementation, responsibilities, establishing policies, and more. A clear strategy helps you make informed decisions, and optimize resource allocation, ultimately reducing unnecessary MDM costs.

3Compare Mobile Device Management Solutions

To choose the more suitable one, compare the advantages and disadvantages of different MDM vendors based on the feature, pricing structure, review, etc. If your organization uses multiple vendors for various MDM services, you can consider consolidating them. Consolidation can save the cost of MDM solutions through streamlined management and potentially bulk discounts.

4Use a Deployment Model That Meet Needs

Consider whether an on-premises or cloud-based MDM solution is better for your business based on your available budget and resources. Cloud-based solutions often have lower upfront costs and eliminate the need for hardware investments, while on-premises solutions provide greater control but may involve higher initial expenses.

5Use Auxiliary Tools

Use automation tools to simplify and automate routine MDM tasks, such as device provisioning and software updates. It can help reduce the time and effort required for manual administration, thereby lowering operational costs. What's more, by leveraging data governance tools, you can minimize errors, reduce data-related issues, and avoid costly data remediation efforts.

6Investing in Training for In-house IT Team

Instead of relying solely on external training resources, consider investing in training and skill development for your internal IT team. Building expertise within your organization can reduce the need for external consultants and lower ongoing training costs.

FAQs

What does an MDM license cost?

Maverick

The cost of an MDM license will vary from the different MDM vendors, the deployment model, the number of devices or users, etc. It is typically priced on a per-device or per-user basis, ranging from a few dollars to several tens per device/user per month.

Is there any free MDM software?

Maverick

Yes, there are free MDM software options available in the market. But you should know that free MDM solutions will have limitations compared to paid ones. They may lack advanced features, customization options, or technical support and even have restrictions on the number of devices and users. Click here to learn more.