Below is a comparison of the cost of deploying WiKID two-factor authentication vs the cost of deploying key fobs with a 3 year life span to 500 employees. WiKID is 59.46% less expensive to deploy for 500 users. Note that if you compare WiKID to three year tokens over 6 years, the savings explode. Plus, WiKID is perfect for customer, vendor or partner-facing applications. The more users, the bigger the savings.
| Upfront Costs | Per Year Cost | Per Employee Per Year | |
| 3 Year Key Fobs | |||
| Number of users | 500 | ||
| Number of Years | 3 | ||
| Cost per 3 Year Token | $63.00 | $21.00 | $21.00 |
| Total Token Cost | $31,500.00 | $10,500.00 | |
| Key Fob Authentication Server Cost | $5,500.00 | $1,833.33 | $3.67 |
| Server Maintenance @ 20% per year | $3,300.00 | $1,100.00 | $2.20 |
| Server Hardware | $1,100.00 | ||
| Token Distribution & Validation cost (in scale) | $15.00 | $5.00 | $5.00 |
| Total Upfront Distribution | $7,500.00 | ||
| Total Costs for Key Fobs | $48,900.00 | $31.87 | |
WiKID Systems |
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| WiKID Server Appliance | $9,500.00 | $2,375.00 | $4.75 |
| Seat License and Maintenance Fees (with pre-pay discount) | $25,200.00 | $8,400.00 | $16.80 |
| Total Costs for WiKID | $34,700.00 | ||
| $21.55 | |||
| Savings |
$20,633.33 |
$5,158.33 | $10.32 |
| Saving as a percentage |
59.46% |
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Other Potential Savings and Benefits in choosing WiKID
If you lose a hardware token, you have to buy a new one and distribute it to the right person. You are out another $65-80. With WiKID, there is no financial hit when you lose a client, just download another one and use the automated initial validation process without even calling the helpdesk!
Moreover, WiKID can be used to reset a LAN password, a frequent and costly event. Because we include this capability in the WiKID server for free, if each user used WiKID to reset a password just once a year, the system pays for itself! Many firms can't afford a 24x7 helpdesk, so WiKID provides a 24x7 password reset solution.
| Additional Savings Potential | Per Year Cost | Per User per Year |
|
| For each token that is lost over the 3 years: | $78.00 | $26.00 | $0.05 |
| Assuming 25 tokens are lost over the 3 years: | $1,950.00 | $650.00 | $1.30 |
| For each password reset by WiKID instead of helpdesk: | $30.00 | $10.00 | $0.06 |
| Assuming 1 password reset each year for 3 years | $15,000.00 | $5,000.00 | $10.00 |
| Total Potential Additional Savings | $16,950.00 | $5,650.00 | $11.30 |
| Total Savings | $37,583.33 | ||
| How many password resets until Break-even? | 1156.67 | 385.56 | 0.77 |
| Prices are subject to change. |
