Regardless of your company’s size, upgrading your technology equipment (Servers, workstations, switches, firewalls, SAN) every three to five years can involve significant costs. Beyond the upfront computing costs, one must include expenditures for procurement, deployment, and asset management.
Hardware as a Service (HaaS) mitigates these steep costs by taking a typical device (server, desktop, switch, firewall), and providing it to a company at a low monthly subscription fee.
The HaaS model is similar to leasing in which the hardware belongs to Dynamic Quest and is placed at the customer’s site. The process begins with our team taking care of the procurement specifications, purchasing of the equipment, followed by product placement onsite. Dynamic Quest additionally offers managed services to help promote stability and reliability within each tech environment, and the flexibility you need to scale your stack.
Unlike a hardware leasing company, HaaS paired with managed IT services provides additional tech support that promotes reliability and stability. Working with a managed service provider ensures your tech stack is being properly monitored and that you can scale your hardware over time to your exact needs.
One contract with one vendor simplifies your procurement. As your business grows, HaaS allows your organization to scale efficiently and effectively.
Customers focus on their core business; your IT service provider focuses on lifecycle management. Forget worrying about having an updated technology stack, your HaaS provider will keep things up to date.
Lower capital expenditure and reduce constraints on liquidity. It is common to incur steep upfront capital expenditures when refreshing hardware. Many organizations simply do not have the additional capital to spend on non-revenue driving activities, thus it delays device updates at the cost of productivity.
Utilizing HaaS allows your business to shift IT budgets to more manageable cash flows over time. This results in a lower cost of ownership figure to present to decision makers as they plan future strategic investments.
Access to enhanced technologies.
A four-year technology refresh is highly recommended, depending on the device. The HaaS model allows the organization to avoid unnecessary costs related to efficiency, security and productivity due to the ease of procurement.
The HaaS model provides significant benefits for an organization; you can benefit from updated hardware and best in class IT support. This combination allows you to bundle services to strategically outsource costly IT requirements and to increase your organization’s profitability.
HaaS will continue to increase in popularity. As business models become more customized, decision-makers will look to the ongoing list of benefits that HaaS can provide for their organization. They are finding the subscription model offers lower costs and flexibility with the purchasing process. Organizations will not have to compromise on productivity because decision makers have decreased their IT investment budgets.
More than 33 billion records will be stolen by cybercriminals by 2023, an increase of 175% from 2018.
It takes an average of 287 days for security teams to identify and contain a data breach, according to the “Cost of a Data Breach 2021” report released by IBM and Ponemon Institute.
The internal team was energized. With the Level 1 work off its plate, the team turned its attention to the work that fueled company growth and gave them job satisfaction.
The three sectors with the biggest spending on cybersecurity are banking, manufacturing, and the central/federal government, accounting for 30% of overall spending (IDC).
The average cost of a data breach in the United States is $8.64 million, which is the highest in the world, while the most expensive sector for data breach costs is the healthcare industry, with an average of $7.13 million (IBM).
The cost of cybercrime is predicted to hit $10.5 trillion by 2025, according to the latest version of the Cisco/Cybersecurity Ventures “2022 Cybersecurity Almanac.”.
Forty-three percent of attacks are aimed at SMBs, but only 14% are prepared to defend themselves (Accenture).
40% of businesses will incorporate the anywhere operations model to accommodate the physical and digital experiences of both customers and employees (Techvera).
We did a proof of concept that met every requirement that our customer might have. In fact, we saw a substantial improvement.
We did everything that we needed to do, financially speaking. We got our invoices out to customers, we deposited checks, all the things we needed to do to keep our business running, and our customers had no idea about the tragedy. It didn’t impact them at all.
“We believe our success is due to the strength of our team, the breadth of our services, our flexibility in responding to clients, and our focus on strategic support.”