Research shows IT leasing to increase in 2002
04.02.2002

A survey conducted over the past month of approximately 700 IT decision makers, indicates that both technology and financial managers recognise that leasing helps to stretch their IT budgets and simplify the financial lifecycle management process of their IT.

The survey, also showed that 41 percent of companies said that the main reason they would lease in 2002 was to keep their IT equipment from becoming obsolete. A total of 23 percent stated that cash flow management was the reason, while 14 percent claimed that asset management services was their primary reason for leasing in 2002.

In an environment where technology budgets may be limited, but technology needs are greater, leasing is a superior alternative for IT decision makers. For many companies, buying equipment through big capital outlays is just no longer financially practical. Leasing is an affordable way for businesses to effectively manage their cash flow while at the same time staying ahead of the technology curve.