People on computers increasing business profits

6th August 2021

How DaaS Can Increase Business Profits?

Holly Skinner

Device as a Service, 0r DaaS as it is more commonly referred to within the tech industry, offers an exciting new opportunity for businesses to save money and encourage greater profits.

DaaS is a relatively new concept in how businesses can manage their hardware supply chain. However, it is becoming rapidly popular thanks to its compatibility with the modern demands of working and technology.

Traditionally, businesses would source their tech hardware, including desktops, laptops tablets and smartphones all at once. They would pay for the devices outright, in bulk for all their current staff. This would result in a large outgoing cost at one time.

There are numerous drawbacks to the purchasing method of sourcing hardware:

  • A company’s financial resources take a big hit all at once. This is especially problematic if other crucial expenditures come up.

  • Having tech hardware is essential to the running of most businesses, so sourcing it cannot be avoided.

  • There are potentially inadequate resources if more staff are hired.

  • There are wasted resources if staff leave or a department is downsized.

 

Most significantly of all:

  • Companies want to make the most of their purchase and tend to keep the devices for as long as possible to get their money’s worth.

In the current age this last point raises significant issues for day to day business operations:

  • Technology now advances so quickly that devices can become outdated relatively swiftly.

  • Outdated hardware can be slow, crash easily and impede staff’s work.

  • Outdated hardware cannot always support newer software releases.

  • Outdated hardware can be a security risk.

 

Why is Device As A Service A More Profitable Way To Source Hardware?

In contrast to outright buying, Device as a Service is a monthly leasing subscription. Companies lease the devices from authorised sellers and pay a lower amount over a longer period.

This bypasses many of the problems in outright purchases:

In contrast to outright buying, Device as a Service is a monthly leasing subscription. Companies lease the devices from authorised sellers and pay a lower amount over a longer period.

This bypasses many of the problems in outright purchases:

  1. Leasing on a subscription basis is cheaper than paying outright in a lump sum.

  2. Device as a Service solutions resolve cashflow issues for businesses with their lower monthly repayments. This leaves more money that businesses can lay their hands on for other crucial, profit-driving investments.

  3. Thanks to the enhanced software, security, full setup and support that comes with DaaS solutions, like Hardsoft’s Devices For Teams, businesses can minimise their IT budget dedicated to maintenance.

  4. A device as a Service is more adaptable and flexible than buying devices outright. Hardsoft’s own DaaS solution; D4T allows for the easy exchange or return of devices that you no longer need. The result is that your staff size can grow, a team can be downsized, or roles change, but the number and type of devices you have will be made to match your current needs. This reduces financial waste.

  5. In a post-pandemic world, there is increased homeworking, and the office versus remote working situation is constantly in flux. DaaS can efficiently provide new hardware and get it to homeworkers in an efficient manner at a low cost. This enables staff to work better at home and saves costs on office maintenance.

  6. With Device as a Service, businesses can effectively futureproof all their hardware.

The Benefits of Futureproofing Your Tech With DaaS

When using a DaaS solution, businesses don’t own their hardware. With this subscription model, devices can be regularly swapped, upgraded, and refreshed to ensure they are always state of the art.

By having the latest, effective hardware, staff aren’t hindered by struggling, out of date machines. They are generally more productive and produce a higher quality of work as well, resulting in a better ROI for the company.

By futureproofing your tech in this way, you also ensure that all devices are current and compliant.

Contact us

Contact us to find out more about Devices for Teams.






    X
    CONTACT US