We’ve already shared with you some of the ways that cities as a whole might be able to add some extra streams of revenue through the wireless power transmitting technology that WigL has to offer.
But beyond the income that could be added, the flip side of the conversation is how many expenses could be completely avoided.
Digital downtime can cost a company big money. A server failure due to power can be a costly disaster for a website or mobile app dependent business, potentially losing as much as $300,000 per hour.
If a company is retail-focused and an outage hits during a major shopping holiday, the impact can be even worse.
WigL means that servers could always have a source of power. No more frantic scrambling to get systems back online. Although certainly there are other sources of power outages and website downtimes, ensuring that you’d never have to worry about a lack of power bringing your digital presence to a halt would be one major risk factor removed.
Another simple way that WigL would allow significant cost avoidance is through reducing smartphone charging downtime.
With more and more of both daily and business activities going mobile, the battery limitations of smartphones is a cost factor when it comes to productivity.
Mobile devices are used for over 50% of digital consumption. More pertinently, 71% of business employees are spending more than 2 hours in each week accessing work-related content on their phone.
Meanwhile, consumers are spending more than 5 hours per day total on mobile devices.
What those numbers mean on a practical level is that if employees need to perform a work task but have to stop to plug in, there’s an immediate impact on how much they’re accomplishing in a day.
Time is money, and you might not even be aware of it, but if your company is losing time on smartphone charging, that’s a real and consistent expense.
Plus, if customer and consumer access to digital services and products is interrupted, that’s another cost in potential revenue lost.
WigL’s ability to wirelessly charge smartphones could drastically reduce the charge break interruptions, increasing efficiency and dodging the cost of downtime.
The ability of consumers to access the goods that they need when they need them would streamline that market relationship.
All of this might sound like a futuristic vision too good to be true, but WigL’s wireless power technology is here and patented today.
To find out more about how WigL could be saving your workplace money, you can read WigL Power’s white paper now.