New technologies – cloud, mobile, social, analytics – are providing innovative platforms for transformation and creating a new basis for competitive advantage. And with that, comes a whole group of new technology buyers across the business vying for limited resources.
Budgets are restricted and future requirements uncertain. Innovative approaches to financing can alleviate some of the risks and allow flexibility as the project develops. Reducing upfront payments, better aligning project cost outlays with anticipated beneﬁts and accelerating the project’s cash ﬂow break-even point are only some of the advantages payment plans can offer.
Consider flexible leasing upgrade options to meet demand as needed, or short-term rental during times of transition. Free up the value of IT assets through a Sale and Leaseback arrangement, and reinvest the cash back into priority IT projects.
Matt Eastwood from IDC1 also offers these financing strategies to capitalise on the new transformation technologies:
- Rethink IT budgets from “keeping the lights on” to funding innovation.
- Consider new-equipment options like integrated systems and software-deﬁned infrastructures that reshape end-of-lease behaviour.
- Use ﬂexible leasing upgrade options to meet demand for on-premises equipment in private / hybrid cloud deployments.
- Use leasing and short-term rentals to offset risk of unknown performance requirements for new scale-out projects
Considering a ﬁnancing plan from the outset can help successfully and more speedily reap the beneﬁts these new technologies promise.
If you would like to know more about the ﬁnancing options available to you, including offers such as 0% ﬁnancing, contact us to explore suitable financing options.
1 IDC -Financing IT Transformation in the 3rd Platform Era July 2015