The New Generation of Total Cost Ownership – Part Deux
Ownership of ruggedized devices at this point in time will be tested on many aspects. As we’ve already explained in the first article on what Total Cost of Ownership (TCO) really entails, investments on these devices must take on a reformative value – getting what you pay for.
Companies adopt a think-before-buying attitude – weigh your costs over time rather than jump on the purchase price for devices that should last you a long time.
Now that we’ve really imprinted that concept on you, let’s dig a little deeper, shall we?
TCO In Terms of HaaS
But what of Hardware as a Service (HaaS)? In order to understand how TCO will have an impact on all things HaaS, we have to bring two things into focus:
- Who buys HaaS technology – In the traditional IT framework, companies built their infrastructure in-house and invested in mandatory components like hardware, software and people to run them heavily. Those days are slowly seeing a decline in value because of HaaS. The old IT model setups generally cost a lot especially when you factor in resources siphoned off for maintenance costs during the lifetime of these components. And then, they break down, needed upgrades, replacements, etc. You get the picture, right? HaaS has superseded everything with just ONE be-all platform to run them all and for far less money. Enterprises who want to save have transitioned or would think of making this leap because of how much more they can save over a period of time. That’s the true value of HaaS.
- What is HaaS spending for – All things considered, HaaS can marry into the small to medium business model rather easily. When small to midsize enterprises (or SMBs if that’s what you prefer) are slowly delegating their workflow into more flexible solutions, they’d need technology that can keep up. But the spending has to be more carefully managed. Resources should be directed to components that are sure to find its quick return. That’s when investing in HaaS devices makes total sense. HaaS technology, much like software-as-service (SaaS), will provide the value they need at a fraction of the costs. It’s value-added service where all the necessary groundwork has already been bundled up.
With no fear of losing money to more expenses, buying into Hardware as a Service can fill in major gaps in the industries where SMEs often thrive. A lot of these industries now see the urgency of switching to new technologies. But their knowledge is limited and don’t even know where to start.
Those that made the technology shift, however, can rest easy knowing their investments are safe under the context of the new generation total cost of ownership. The core premise is they’re no longer left out of the loop (tech FOMO is eliminated). In the industry parlance, when you’re HaaS-ready, you’re making the right decision. There’s nothing to do, integration is part of the bundle.
There’s peace in knowing there’s nothing else to fear, either. If you’re an enterprise owner, you’d expect to find guarantees plus the cost have certainly become assets in the business. These assets should then also be operating regularly.
As a next step, companies will focus more on streamlining their internal workflow with the new tech they’ve invested in. There should be expectations on the following:
- Deployments of such devices are made easy and reliable, and
- Usage will never disrupt the business in all its facets
Therefore, the pangs of using new technology and its onboarding should no longer be felt. Under such terms, the benefits of total cost of ownership for using HaaS tech is viewed in congruence with how well the hardware will do in the field. Hence, performance matters the most here. For what good will paying an upfront value be when the device is no good when fully used?
Imagine for a second that the device you’ve bought is used under the most extreme of conditions – you know, for testing purposes. Perhaps on a normal setting, a rugged device would be in the hands of a field worker where simple mishaps can be insured. But what happens when the device is suddenly exposed to stronger conditions such as accidents, falls, exposure to water and even bad weather?
HaaS Solution Providers and TCO
As a viable solution, Hardware as a Service providers made their devices a lot more aligned for mobility while being physically impressive and built with protection schematics. If the shell protects the device more, it can also do much more. Performance issues are now solved, ideally.
Enterprises who opt for buying into the Hardware as a Service model initially pay for the access to hardware as well as the service. That cost is paid for the value of the service if you look at it in terms of total cost of ownership.
What you are getting is a device that will always deliver on the performance. As a form of managed service, these rugged devices can simply be handed over to remote workers to use based on their needs. Usage of these devices could range from simple to the unexpected which is what they are made rough against.
If tested to its limits, rugged devices are insured against all unpredictable conditions. That, in itself is the main reason for paying the value upfront. There are no caveats. They would even replace the hardware in the off chance they would conk out (which is highly unlikely).
More than the device itself being physically impressive and performance-enhanced, the true value of investing into Hardware as a Service Model is the service. For all of its value components bundled into one affordable price tag, enterprises should look into making this jump into new technology with urgency.
The time to invest is now when buyer’s remorse for outdated tech hasn’t set in yet (or has it?).
If you’re looking into a HaasS provider that knows exactly what they’re talking about, please read the third part of this article series here.