27th April 2023

DaaS Explained: What is Device as a Service?

Carissa Parnell

Devices For Teams is a specialist Device as a Service solution. So, naturally, we talk about DaaS (Device as a Service) a lot and how it can help businesses in different industries.

But what is DaaS really and how can it actually help companies as the way people work changes?

What is Device as a Service (DaaS)?

Device as a Service is a subscription-based supply chain model for computer hardware that allows businesses to lease their IT equipment from a third-party provider.

Providers of DaaS, like Devices For Teams, take care of the hardware’s maintenance, upgrades, and security.

In doing so it is very different from other supply chain models for IT hardware and even other leases. The core difference is that focus on related and supporting IT services. It makes DaaS models more than just the supply of hardware but rather a solution that meets multiple IT needs and makes business operations easier and hassle-free.

DaaS providers offer a range of devices, including laptops, desktops, tablets, and smartphones.Blog image with devices in bubbles

How Does DaaS Work?

The DaaS provider takes care of the installation and setup of the devices, including any necessary software and security configurations.

They also provide ongoing maintenance and support, including hardware repairs and replacements.

In the event of a device failure or malfunction, the provider will replace the device, ensuring minimal disruption to business operations.

What Are The Benefits of DaaS for Modern Companies?

1. Better Cashflow

One of the most obvious benefits of DaaS is the ability to spread costs and improve cashflow. Instead of purchasing devices outright, businesses can lease them from a DaaS provider, spreading the cost over time. This makes it easier for businesses to budget their IT expenses. DaaS also has great tax benefits since it is an Opex lease (operating lease)

2. Stress-Free IT Management

Managing IT equipment can be a time-consuming and complex task, requiring a dedicated team of IT professionals.

Yet, with DaaS, businesses can leave the IT management to their DaaS supplier, freeing up their internal resources to focus on core operations. The provider takes care of everything from installation and setup to maintenance and upgrades, ensuring that the devices are always up-to-date and secure.

Some companies may even be able to manage without in-house IT departments.

3. Improved Security

Security is a top concern for businesses when it comes to IT equipment. DaaS providers take security seriously, implementing the latest security measures to protect the devices and the data they contain. This includes encryption, firewalls, antivirus software, and regular security updates. In addition, DaaS providers offer data backup and recovery services, ensuring that business-critical data is always protected.

Specialists like Devices For Teams can even provide enhanced security software, and expert and custom troubleshooting. As members of the Apple Consultants Network, we can liaise with Apple technicians to help at-risk industries get the best cybersecurity.

4. Access to the Latest Technology

One of the challenges for businesses is keeping up with the latest technology trends. DaaS providers ensure that businesses have access to the latest technology, including the most up-to-date hardware and software. This ensures that businesses can remain competitive in their industry.Blog image with office

Devices For Teams Differences

Our Devices For Teams solution is undeniably a DaaS model, but it is a little different. It aims to take that idea of service to the next level, while also increasing the flexibility of the solution.

DaaS by its nature is more flexible than buying computer devices since it spreads costs and improves cashflow, giving businesses more options in how to distribute their investments, rather than taking a large expenditure all at once. DaaS is also more flexible because it comes with automatic upgrades and allows companies to keep up with the latest technology.

However, Devices For Teams is more flexible still than any other DaaS solution.

Devices For Teams includes flexible options such as:

This adds a whole new layer to the flexibility of DaaS, which is a significant advantage to businesses in turbulent economic times. It gives businesses more options and assistance to lessen their operational chores.Blog image with devices in Phandy

 

DaaS Popularity

(DaaS), is a system that has become increasingly popular in recent years and research reveals projections that this growth will only continue moving forward.

The benefits of DaaS became more evident to companies during the pandemic and those advantages remain in the post-pandemic world. These quickly changing trends in the way people work, thanks to advancing technology and cultural shifts, have made DaaS invaluable to modern businesses.

According to in-depth research by StraitsResearch, the global DaaS market size is forecast to reach $455 billion by 2030. That would be an increase of 39.40% up from $43 billion in 2021.

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