Leaseweb USA CEO Lex Boost recently talked about the “lease vs. buy” technology decision for SMBs with Telecom Reseller’s Doug Green. The two discussed the hidden costs and hassles of owning equipment, potential security concerns, as well as what sets Leaseweb apart from the competition .
As Boost says frequently, “If you’re not in the hardware business, don’t be in the hardware business.” Owning equipment tags you with all the associated costs and repairs as the equipment ages. At some point, equipment will fail, becoming a very costly fix. Leasing places all those costs on the hosting company’s side. You’re buying service not servers.
Off-premise hosted equipment also can increase the security of the data you hold. You’re less vulnerable to disasters – natural or not. And it can be challenging to prevent hacks when that’s not your primary, everyday focus.
Hosting providers can also ensure compliance with all applicable regulatory requirements, such as HIPAA in the U.S. or similar frameworks across the world.
Leasing also allows companies to rapidly scale-up service when demand increases. Purchasing and setting up new hardware takes time, and while you’re working on the set-up, you could be losing customers while your current servers are overloaded. When you partner with a provider, you can easily scale up your infrastructure, whether you’re using cloud, a CDN or good old fashioned dedicated servers. This way you won’t lose business unnecessarily.
Lastly, the right leasing company is more than just an infrastructure vendor, but rather a trusted advisor that can help companies select the best services for their specific needs. If you’d like to learn more about how Leaseweb can help, we’d love to start a conversation.
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