We’re extremely proud of Biju, and unsurprisingly, we believe that this award is very much deserved! Not only has he worked tirelessly to advocate HYLA Mobile’s role in the used device market, he has helped to maximize the sustainability efforts of companies through the application of new technologies like machine learning, process automation and predictive analytics. As a result, HYLA Mobile works with some of the world’s leading operators, retailers and technology players to bring device trade-in services to more than 250 million mobile customers around the world.
Topics: Device Insurance Solutions
Insurance is a big part of the mobile ecosystem. In 2013, Warranty Week estimated that more than 60%-66% of smartphones were insured through a protection plan.
Earlier this year, Market Reports Hub estimated the global mobile phone insurance market to be nearly $31B in revenue by the end of 2015.
For the average consumer, purchasing a new smartphone might seem like the most complicated purchase they can make—maybe aside from a house or a car.
However, the complicated phone-buying process overshadows an equally mysterious process—trading in a used device.