Subscription services have become prevalent across the IT industry, providing a convenient and budget-friendly way for organizations to acquire the tools they need to operate efficiently.
Such services are most commonly associated with software applications and various cloud resources, but they also extend to the physical devices employees use in their jobs with the Hardware as a Service (HaaS) model (sometimes referred to as the Device as a Service (DaaS) model), a subscription model in which hardware devices are provided according to a service level agreement (SLA).
This model is gaining such traction that the global HaaS market is anticipated to witness a CAGR of 26.2 percent over the forecast period 2022 – 2027. Like many other IT trends, HaaS has attracted even organizations that are unlikely to benefit from it much because the traditional approach to hardware acquisition, implementation, and maintenance suits them better.
To know if HaaS is the right choice for your business, you need to consider its main benefits and downsides in the context of your business goals and needs.
Benefits and Downsides of Hardware as a Service (HaaS)
As far as the downsides of the HaaS model go, there’s really only two potential problems:
Is HaaS the Right Choice for Your Business?
Now that you’re familiar with the main benefits and downsides of the HaaS model, it’s time for you to decide if it’s the right choice for your business. You can start by answering the following yes/no questions:
If you’ve answered “yes” to most of these questions and are fine with the above-described downsides, then the HaaS model is very likely the right choice for your organization.
For more information on how HaaS could help your organization achieve its goals and meet its needs, contact us at TechGen.
Hardware as a Service has emerged as an attractive solution for organizations of all sizes that would like to reduce their IT worries without depriving themselves of the same transformative technologies that make them more competitive. While it’s not a good fit for everyone, those who embrace it enjoy more predictable budgeting, greater operational flexibility, improved productivity, and better security.