Technology as a Service

What Is Technology-as-a-Service? 

Technology-as-a-Service (TaaS) payment program allows you to bundle your technology hardware equipment and the valuable multiyear support and maintenance services needed, all for one convenient monthly subscription payment. TaaS offers customers exclusive protection, flexibility, and control needed to operate efficiently, be agile in the marketplace, and stay competitive. This is a real technology-as-a-service program and not a dressed-up lease. TaaS helps you stay at the forefront of technology, and provides greater flexibility to easily upgrade and scale. With TaaS you can utilize your capital for revenue-generating activities and focus on the outcomes versus the need for ownership of your technology. 

Why Technology-as-a-Service Makes Sense in Today's Environment

The Economics of Ownership

Technology solutions are nonrevenue generating assets because they rapidly depreciate the day after they are installed. Paying cash with after-tax dollars on nonrevenue generating assets defies basic economics. Technology today is essential-use, but there’s a big difference between being essential and making good economic choices for your organization.

Insure Essential Use Technology

Technology fuels nearly everything in a modern organization’s daily operations; communications, logistics, education, security, etc. No doubt it has become essential use. So how can you NOT insure & protect it with a complete service and maintenance plan? You can't! It's too much of a risk. Effectively and efficiently operating technology is mission-critical. 

TaaS Creates Favorable Economics

With TaaS you have a way to absorb the myriad of non-recoverable costs associated with acquiring new technology while maintaining the ability to keep your working capital, working! With technology-as-a-service, you are packaging everything into one all-inclusive monthly subscription payment for 36 or 60 months. This includes the hardware equipment and support services to insure your solution is serving you optimally.

TaaS Embraces Technology Change

When considering the amount of money manufacturers are pouring into R&D how are you as the consumer supposed to manage the rapid advancement of technology and the risk of obsolescence? A component of TaaS is the Solution Replacement Guarantee. This allows you the customer to migrate into new technology at any time during the subscription service term, without financial penalty.