Equipment
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Technology is constantly evolving at a rapid pace. What is new today may be out-of-date tomorrow, and this is evident particularly in Information and Communication Technology (ICT)
To create an effective and sustainable technology plan that meets industry standards, it is recommended that businesses replace their ICT equipment every three years.
In order to be competitive, businesses must find innovative methods to keep up with the rapidly advancing technology, which can be costly. This has given rise to many businesses choosing ICT equipment leasing over purchasing and owning. As a result, leasing has emerged as a feasible, costeffective alternative to purchasing equipment. ICT leasing allows businesses to address the problem of technology obsolescence in the most cost-effective way.
What is a Lease?
Over 60 percent of European businesses, from FTSE 100 to small businesses are learning they don’t need to own an asset in order to make money using it.
Leasing is simply a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment of it for a specified rent and a specified term after which the property reverts to the owner. Leasing allows you to build capital strength, stay on the leading edge of technology and respond quickly to the changing needs of today’s business environment, all while saving money and preserving your line of credit.
Leasing increases your purchasing power and stretches your available budget, this should enable you to do more with less. Optimizing your organization’s spending this way enables you to lower the overall cost of ownership while providing your employees with the tools they need to be successful.
Global ICT Equipment Leasing Trends
ICT Equipment Leasing has become increasingly popular over the last few decades as businesses are discovering the importance of preserving working capital, as well as a numerous of other benefits to leasing over purchasing.
A survey of the top listed companies across the globe shows that more companies are adopting the equipment leasing practice. Listed below are the percentages of companies leasing ICT equipment by continent.
At NOAK Logistics, you can acquire all your ICT equipment at affordable prices, giving you the peace of mind that you need to focus on your business operations without having to worry about costs, maintenance, repairs or scrapping – all major worries with any IT equipment purchase.
Some key features of leasing ICT equipment through NOAK Logistics include:
