Hardware-as-a-Service (HWaaS) is a consumption model of hardware and services on a recurring bases. HWaaS enables you to make less capital-intensive purchases, can help you consolidate multiple manufacturer hardware leases and provide you with managed services of your hardware. The new standards set by FASB, require all lease types (of more than 12 months) to be recognized on your balance sheet. HWaaS enables you to push expensive initial hardware purchases and taxes into a service option that will be recognized on your balance sheet as an operational expense.
As IT becomes more and more strategic and critical in impacting an organization’s bottom line, companies look to the Cloud to decrease IT complexity and drive ROI. For some organizations, Cloud solutions can be more secure, predictable and scalable than on-premise solutions.
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