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Why it’s time to move your hardware to a subscription model

Gemma Roberts

Written by Gemma Roberts

Head of Operations at Foration

[fa icon="clock-o"] 22 February 2019 [fa icon="user"] Gemma Roberts [fa icon="folder-open'] technology, Tech, small businesses, outdated technology, IT supplier, computer, improve performance, IT spending, cost of downtime, IT costs, HR

Today everything is on subscription, both in your personal life and in business.  From your Spotify and Netflix accounts through to your Xero accounting software and Microsoft products, so why are your computers the only item in your accounts that causes significant dips in your cashflow?

It’s time to move away from the traditional model of having to invest significant amounts every few years to upgrade your computers!  This model is seriously flawed and outdated, and often the reason that businesses put up with old, slow devices that aren’t fit for purpose.

What if you could spread the cost of upgrading, for less than you pay for your office to be cleaned each day, and ensure that your team is always equipped with the latest hardware?

Spreading the cost allows you to better manage your cashflow and avoid surprises throughout the year.  The other upside from a financial perspective is that you are able to create a realistic budget as the spend is fixed and transparent.  The regular, planned upgrades of the hardware mean that you avoid downtime due to devices that are no longer running at optimal speed.

Research conducted by Warranty Master found that employees using old slow hardware reduces productivity by approximately 5.5 days a year.  This is not an insignificant amount of time and the frustration that is felt by the employees can affect how they feel about their job each day. 

To give you an idea of the lost hours your business might be facing we’ve put together some figures to demonstrate.  If we assume that 50% of employees in a business are working on older, slow machines, the below outlines the number of days lost in reduced productivity and the cost implication of this:

stats 
Comparing your business with the above figures, can you afford to turn a blind eye to the amount of downtime that your team might be facing?

We need to change our mindset when it comes to hardware, whether that be servers, PCs, or laptops.  In our personal lives we are all familiar with the concept of leased/financed hardware.

We upgrade our mobiles every 18-24 months so why don’t our companies take the same interest in the devices that allow us to do our jobs each day? Afterall, the more productive we are the more profitable the business is!

At Foration we can spread the cost of your hardware refresh over 12, 24 or 36 months to suit you, so why don’t you contact us to see how we can help? info@foration.com

 

Gemma Roberts

Written by Gemma Roberts

Head of Operations at Foration

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