FutureDial marks a major milestone in October with its software customers processing over 4 million device transactions in a single month, thereby setting a new industry record.
SUNNYVALE, CA — November 28, 2016 — FutureDial, the leading provider-of-choice of mobile device processing solutions for Wireless Carriers, Retailers, Mobile Device Buy-Back Trade-In companies, Third-Party Logistics, and ITAD Providers, celebrated a major milestone in surpassing over 4 Million Android and iOS-based mobile devices processed in a single month in North America, Asia and Europe. FutureDial solutions handled 4,068,898 transactions in October 2016, and data cleared 3,102,032 devices in the same month.
“At an average residual value of $200 per smartphone, this record represents companies relying on FutureDial software to process over $813 million in assets in this past month,” notes George Huang, FutureDial’s Chief Executive Officer. “We continue to deliver best-in-class solutions and our customers benefit from increased savings via reduced labor rates, WIP, and production time.”
Strong Fourth Quarter Indications
This landmark caps an extraordinary year for FutureDial. In March of this year, FutureDial announced a cumulative processing milestone of over 33 Million devices across North America, Asia and Europe for the period from early 2014 to early 2016, and the company now continues to see tremendous growth in the areas of mobile device reverse logistics and retail operations.
“Early indicators of fourth quarter device volume are looking very positive,” comments Stephen Manning, Chief Commercial Officer for FutureDial. “Based on our new customers added this year and the growth of our existing customer base, we expect a continued increase in device processing volume throughout the remainder of the quarter finishing the year extremely strong, and retaining our leadership role in the mobile processing market.”
Many mobile devices are traded-in or returned each year, and 2016 is tracking to see close to 50 million devices in North America traded-in for upgrades and cash. Mobile device reverse logistics operators and wireless carriers are challenged to keep up with the volume, especially during the Holiday Season. FutureDial reports that by partnering closely with its customers to alleviate their business pain points, year-end backlogs are substantially reduced across FutureDial’s entire customer base.
About FutureDial
Founded in 1999, FutureDial is the leading provider of device processing solutions for the mobile device supply chain. FutureDial’s easy-to-use, automated platform reduces the number of operator touches, saving time and money for Mobile Device Buy-Back Trade-In companies, Third-Party Logistics Providers (3PL), Wireless Carriers and Mobile Device Manufacturers (OEMs). By simplifying processes, consolidating work flows, and giving insight into business operations, FutureDial makes these businesses more efficient, profitable, and responsive to their customer needs. For more information, please visit futuredial.staging.wpengine.com or email to sales@futuredial.com
Media Contact:
Bruce Brunger, FutureDial Marketing Communications Manager
TEL (408) 245-8880 Ext 206 Email: bruceb@futuredial.com
