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IT Refreshes: How to Efficiently Upgrade Your Organization’s IT Platform

By CSI Leasing

Why Refresh IT?

Being proactive in replacing hardware has several operational and cost saving benefits.

  • Standardization and cost predictability
  • Expand equipment budgets and lower total cost of ownership
  • Increased productivity
  • Leverage the latest security technologies
  • Simplify disposal and IT asset recovery

56% of IT executives say that driving growth, efficiency and resiliency are key drivers of their organizations’ digital transformation investments*

Creating a Transition Plan

Like many organizations, you’re aware of the benefits of proper refresh, but it’s not always easy. Refreshes are often delayed due to budget and operational challenges. With this in mind, where do you start?

IT leasing can help your organization effortlessly transition into a refresh model with a minimal capital outlay. Here are a few examples of how leasing can help:

  • Flexible structures: Flex up or flex down. Incrementally refresh your platform on a timeline that makes sense for your business and end users.
  • Gain capital: Priorities change. For example a purchase leaseback financing structure can help your enterprise leverage cash from a recent capital purchase.
  • Consolidate: Managing agreements from several suppliers can create operational bottlenecks. An independent leasing company can consolidate equipment from multiple vendors into one easy payment.

Disposal: A Big Deal, Often Overlooked

Keeping technology in storage not only poses a security risk, but it leaves money on the table. Additionally, working to sell used IT to vendors, brokers and wholesalers can be a laborious process taking away time from your staff.

By including leasing as part of your organization’s refresh plan, you can leverage a built-in solution to mitigate risk, offload return logistics and ensure you get fair value for your trade.

Learn how a quality leasing provider helps organizations manage their returns:

  • Free up IT staff with a NIST-certified data sanitization processes
  • Simplify logistics with onsite return services and flexible shipping locations
  • Get value from remarketed devices and limit e-waste with recycling services

About CSI Leasing

Founded in 1972, CSI has $2.9 billion in assets, 1,600+ employees and more than 70 offices spanning the globe, making us one of the largest independent equipment leasing specialists in the world.

Organizations turn to CSI for superior service from an industry leader. We are the resource, not only for financial solutions, but for help with asset management, end of life data security, disposal and more – all on a global scale. CSI has been investing in our customers’ technology solutions for over fifty years.

Our wholly owned subsidiary EPC, provides a wide variety of end of lease services including onsite packing and data sanitization, along with equipment remarketing and recycling.

Together, we provide organizations around the world a complete lifecycle solution for their IT platform. Learn more at: https://www.csileasing.com/

Source: KPMG U.S. Technology Survey Report, 2022 – https://kpmg.com/us/en/articles/2022/2022-us-technology-survey.html