In the 1960s, Gordon Moore made a prediction that said computing would increase in power at an exponential pace, and at the same time the relative cost would go down. Cell phones are one of the best examples of this because most of us have seen it evolve in front of our eyes. In 1984, the first cell phone offered commercially cost several thousand dollars and could do one thing: make phone calls. Then came the exponential growth. Only 25 years later the first iPhone was released, allowing owners to make calls, check their email, browse the web and download and listen to music, all for $499.
The same thing is happening to the technology in your business today. It is getting better and less expensive while simultaneously becoming more and more critical. That is why we believe it is important you have the ability to use the latest technology while it is relevant, and to update it on a regular basis to make sure it stays that way. With the help of our Managed IT program and Hardware “As a Service”, we can make this happen without large capital expenditures.
Here are the top three benefits of paying monthly for your technology:
- A Predictable Expense. By paying monthly, you won’t have to worry about which years you need to budget large cash amounts to purchase new technology.
- Technology Upgrades. Every few years we will audit your technology environment to look for new technologies to improve efficiencies. With monthly payments, we’ll easily be able to switch out new technology for the old without changing your monthly expense drastically.
- Use Cash Wisely. When you pay monthly for your technology, your cash is freed up to invest back in your business. Many companies like to use their cash for inventory, new employees, advertising or other items that give a better return to their business.
As technology becomes faster and continues to grow exponentially, monthly payments will ensure you are using the best technology to run your business and not falling behind the curve.