We’ve all heard of car leases, but you might not know about IT hardware leases. But you should. Especially if your employees are stuck with Model T hardware you bought outright when they could be using a leased Tesla.
Few organizations take advantage of leases for their devices’ whole lifecycles. Servers, desktops, and tablets age quickly, and often there’s just not enough money in IT’s budget to replace them. Instead of leasing or replacing laptops with the newest processors and more storage, companies keep devices whose value declines every day as they grow frustratingly slow to work on.
For a company in this situation, leasing IT hardware might be a good option as it can establish a schedule for hardware replacement at a known cost. Plus, employees should benefit by working on modern devices with better processors and storage and that run the latest operating system.
Many organizations don’t take advantage of hardware leasing because it’s still a bit unknown to them. Others just need a refresher on how it all works – some may remember Xerox leasing its copy machines. Some may be thinking about leasing hardware, but have reservations about the process.
We rounded up the six questions we hear most often about leasing IT hardware, and provide below a clear view into how hardware leasing works and what you need to know before, during, and after a lease. Continue Reading…