How Hardware-as-a-service (Haas) Improves Business Operations

Thriving in today’s ‘always-on’ world requires speed and efficiency across all facets of business, including your technology infrastructure. One of the best ways to ensure peak performance is to use the most up-to-date software, hardware and devices.

Since deploying the most advanced business technology can be a challenge due to cash flow or competing budgetary priorities, businesses large and small are looking to the Hardwareas- a-Service (HaaS) model to solve common procurement roadblocks. With HaaS, acquisition costs are shifted to operational expense (OpEx) rather than capital expenses (CapEx), so the latest technology is attainable without undue strain on the bottom line.

Operations managers in a wide range of verticals such as over-the-road trucking, retail, home healthcare and across the supply chain are realizing that HaaS offers a better alternative to business as usual and potentially holding onto older technology longer than they should. Instead of paying for technology up front and in a lump sum, companies can take advantage of a predictable monthly payment for hardware, consumable supplies, accessories and even warranties.

Making the Shift to HaaS

When evaluating the best method for acquiring the technologies needed to fuel a high performing business, it’s important to distinguish between options for the best way to pay for it. When using a HaaS model, procurement is treated as an operating expenditure (OpEx) – which is usually associated with assets needed for the day-today functioning of a business. On the other hand, capital expenditures (CapEx), are often larger investments that a business incurs to create benefit in the future. OpEx and CapEx are treated differently for accounting and tax purposes, which is an important consideration for any business.

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