Hardware
as a Service (HaaS)
Business model for broadband and LTE products.
Latitude42 HAAS Model
Product
Our focus is on connectivity solutions. Anything to make our solution provider and manage service provide partners successful and profitable.
Flexible Model
This HAAS model can be provided across many networking technology solutions and will onboard more capital-intensive networking hardware products in the future.
Primary Client Target
Solution providers and manager service providers, who can enjoy a predicable cash flow from operations with limited or no capital expenditures.
wHY
Connectivity is a cornerstone for many industries from commerce to healthcare, drives much of the US economy, and has become an integral part of education. What would you do without internet access? How would that limit your potential as a student?
The United States government has focused on the need for broadband in rural areas. Not only to keep rural areas connected, but as a strategy to keep them competitive in a global market, hence, the introduction of the Connect America Fund (CAF) and Rural Digital Opportunity Fund (RDOF). However, the desire for speed continues to outpace the capability of current WISPs (Wireless Internet Service Providers) which creates a real problem for those in need to keep up with exponential demand (ever changing technology and the quick pace of change of government edicts). Broadband and connectivity in general, has become the fourth utility.
what
A Wireless Internet Service Provider (WISP) in a rural area needs to provide internet to a small town and surrounding farms. The deployment will require on average three tower locations. Each tower will be composed of a radio backhaul, which will provide high bandwidth connectivity for the tower. Three point to multipoint systems that will provide connectivity from the tower to a subscriber module, which will be placed on the location, requiring internet. Each tower location will take time to build and more time to deploy. During this time, the WISP will need to make heavy capital investments, for each location. Once the towers have been deployed, the sale of internet services starts.
This scenario outlines the issues of deploying new locations which are the limiting quality of technology, and financial distress.
HOW
Engaging with Latitude42, the WISP will deploy these towers and have a predictable and manageable capital outlay. The broadband equipment is ever-evolving. In four to five years, the technology now being deployed will be ready to be replaced with equipment capable of higher density and higher speeds. By partnering with Latitude42, the WISP has a path to upgrade its equipment and maintain its position in the market.
By utilizing Latitude42, the WISP in this scenario was able to effectively deploy towers to provide internet service to a community and upgrade the technology, as needed.
IMPACT benefits
Schools
The high-speed internet connectivity provided a broader array of resources for administrators, teachers and students resulting in a higher level of education, benefiting the students and community.
Local Government
The local government received high-speed internet which enhanced their ability to connect with other communities and provide a wider variety of services and resources more effectively and efficiently as well as prepare cites for emergencies and natural disasters.
Rural Economy
Companies can now maintain connectivity to their markets through high-speed internet. They could move to these rural areas to take advantage of lower land and resource costs, creating more jobs for the community and a much larger tax base.
Latitude42 will focus its service in rural areas which will yield the largest social and economic impact.