Most of the difference represents the cost of all the software that is loaded on the phone. Here is another example. Many companies today purchase back-office computing services on the cloud. Previously, a company may have invested in equipment and software and hired specialized staff to perform these functions. By purchasing cloud services, the company saves those expenses and boosts its productivity.
BIS Review 111/2007  1  “Bank Different” actually means something that will be a win-win not only for the bank’s promoters but also for the consumers of banking and financial services here in Mauritius. So, I am delighted to be here for all these reasons. I am delighted because it means more competition.