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:
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