What Is TaaS – Technology as a Service?

Something as a Service or XaaS is becoming more and more popular these days. Software as a Service (SaaS) lets you use and license software like a subscription. Infrastructure as a Service (IaaS) offers data storage, network resources, and other infrastructure needs. So, why not get Audio Visual hardware with this as-a-service subscription model?

In this post, we’ll take a look at what Technology as a Service (TaaS) is and why it benefits organizations in a time when technological growth is accelerating.

What is TaaS

Advancements in technology are rapidly growing every year. As a result, equipment that used to last a decade may need upgrading in just a few years. Smartphones are a good example. With carriers expanding service to include 5G networks, “older” phones, such as one from 3 years ago, don’t connect to the network as well. This means slower speeds when loading pages and opening applications. For users to get that fast connection they were used to, they must upgrade their smartphones to a model that has 5G capability.

When it comes to AV equipment, making these upgrades can be costly. Therefore, Technology as a Service or TaaS is becoming more and more popular. In the past, when equipment could last an organization many years, the upfront cost of owning AV technology was worth it. Today, constantly upgrading the system isn’t cost-effective since technology quickly becomes obsolete. With TaaS, companies get the equipment they need and the support and maintenance for the contract duration, all bundled into one price. This subscription model helps companies stay competitive and quickly scale as needed.

Benefits of TaaS

Only pay for what you need: One benefit of TaaS is that it allows organizations to purchase an AV system that fits their current needs. Traditionally, businesses would make a large purchase hoping that they would eventually grow into it, but this is risky. Using TaaS instead, companies can scale up or down with the demand because one never knows when this demand may spike or plummet suddenly.

Customizable and on-demand: Sometimes, life doesn’t go the way we expect. The pandemic forced many companies to adapt to remote work, spiking the need for communication software and services. While some changes aren’t as drastic as a global pandemic, having the ability to scale your requirements as events happen is crucial for businesses to stay competitive and grow, even during uncertain times.

Support/maintenance bundle: What IT department doesn’t want one less thing to think about? With Pro AV TaaS, support and maintenance for Audio Visual equipment are bundled together into one price. In addition, finance departments appreciate predictable expenditures since this makes budgeting much more straightforward. Plus, if the company wants to upgrade in the future, they’ll be able to do so easily.

With Pro AV TaaS, you get the right technology when you need it. There’s no need to wait and phase it in. As a result, an in-house IT team would be able to focus on other projects.

What Adopting TaaS Looks Like

Let’s say, for example, that Company A is a growing startup using a lot of AV equipment. They have many spaces that need systems installed, but they don’t have the capital to do it all at once. Using Pro AV TaaS, they’re able to spread out their technology purchases and support over a few years. As a result, company A doesn’t have to put down a large sum of money upfront or worry about servicing that equipment. This gives them the time to allow their financials to grow. And at the end of their contract, they can purchase the hardware or upgrade.

Instead of settling for lower quality equipment or increasing capital expenditures to outfit a space, TaaS meets Company A’s technology current needs. If this startup’s mission changes and they need fewer spaces for some reason, they’re not saddled with outdated equipment that becomes more obsolete with each passing year.

How Does it Work?

Are you interested in using TaaS for your AV system? Pro AV offers a TaaS plan that includes both support and maintenance built into one easy payment. You would pay for the hardware for the duration of the contract (around 3-4 years), complete with full support and maintenance from Pro AV. In the end, you can buy out the equipment or renew the contract and upgrade to new equipment that may better suit your needs at that point in time.

Contact us today to discuss if TaaS may be a good fit for your organization.

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