Technology as a service (TaaS) is an opportunity for your business to cut costs, increase functionality, and provide you with new and exciting ways to provide services to your clients. Your company relies on technology to accomplish day-to-day responsibilities. This is true regardless of the size of your business, how many employees you have, or the services you offer.
In the past, advances in technology were only available to companies that could afford the capital expenditure. Even if a small company could afford the new technology, they had to be absolutely sure that their forecasted growth justified the expense. Now, instead of purchasing technology assets and hoping it all works out, tech as a service allows clients to access technology on-demand. This brings a wealth of benefits:
Reduce your technology costs
Ownership of an asset can be expensive, especially since all the technology your company owns has to be maintained and depreciated. With TaaS, this now becomes an expense that is easy to plan and budget for. Scalability takes this significant investment and turns it into a monthly fee. Some vendors will even allow you to bundle hardware and software together enabling your business to take advantage of new and exciting technology solutions.
Be flexible to your current technology needs
When you are able to scale usage to what your immediate needs are, you not only save costs, but can function better as a business. Let’s say you need to add staff to handle a sudden and significant increase in business. The traditional methods wouldn’t prepare you for this, resulting in delays in acquiring the technology the new staff needs which could translate into your business not being able to take advantage of new opportunities. With the flexibility that TaaS offers, your business can evolve in a matter of days or even hours to meet new responsibilities.
Secure customized technology easier
Services should be unique to the client and the technology choices you make shouldn’t be restricted by economics or availability. TaaS solves this issue by providing what you need, when you need it. Unlike traditional models, TaaS delivers dynamic functions that allows your business to solve problems as they arise with technology solutions that are easily attainable and scalable.
Technology as a service is the future
Improvements in high-speed internet access, cheap cloud-based data storage, simple and secure payment solutions means that consumers are no longer buying software and hardware products like they used to. Instead, they want the best technology possible, but they want it scaled to their needs and customized to their individual requirements. Technology providers are happy to comply as the TaaS model allows them to reach more clients and scale the use of their products at a low cost of entry.
SBT Partners understands that your business wants to take advantage of all the new technology it can, and we are ready to help you prepare and take advantage of this revolutionary new way of doing business. Contact us today to learn more about how we can help your business grow!