Asset Lifecycle Management

Cost Management and Budget Predictability with Asset Lifecycle Management

Learn how Asset Lifecycle Management from Synergy IT Solutions can revolutionize your business by reducing costs, providing predictability, enhancing support, and ensuring up-to-date technology for your end-users.

As we designed our Device as a Service solution - Asset Lifecycle Management, we did so with the expressed goal of providing an innovative solution to streamline operations and reduce the overall cost of technology. But how does it achieve that goal? Let’s dig into the details.


Decrease Upfront Investment

Traditionally replacing end-user assets has required a hefty outlay of upfront capital to pay for the equipment. With Synergy’s Asset Lifecycle Management, there is no initial investment. Instead, you pay a predictable per-user monthly fee, turning a large capital outlay into a manageable operating expense. Such a shift frees up capital for other priorities or allows you to invest the funds and earn returns while planning for future projects.


Predictable Budgeting – Budgeting for end-user technology can be very challenging due to the unpredictability of hardware failure and maintenance requirements. It is also difficult to accurately allocate the technology cost across functional areas. Asset Lifecycle Management simplifies all of this by covering all aspects of device management from acquisition to recycling and does so with a fixed monthly fee. That way you will know exactly how much the technology costs for each end user allowing you to include it in your pricing or just raise awareness of the departmental cost of doing business.


Reduce the Total Cost of Ownership

Owning end-user technology comes with a whole host of hidden costs, including maintenance, repairs, downtime, patching, monitoring, etc. Synergy’s ALM solution handles all of these aspects of day-to-day IT management reducing your overall investment, and freeing up your team to focus on growing your business.


Scalability & Flexibility

As your business grows, so does your need for more end-user technology. Asset Lifecycle Management allows you to scale your business with ease, without the burden of significant upfront investments.


Enhanced Support & Security

As an IT Solutions company, we are uniquely positioned to provide a comprehensive Device as a Service solution. We have a suite of solutions that cover end-user support, repair services, remote monitoring, patching, software updates, and cybersecurity. Choosing a solution provider with comprehensive services will reduce the overall cost of supporting your end users while at the same time protecting your company from the risk of costly data breaches.


Up-to-Date Technology

Our Asset Lifecycle Management ensures that your end-users have the most up-to-date technology and software, resulting in increased efficiency and productivity from your team members. Beyond that, we know employees are more satisfied and productive when they feel like their employers are giving them the tools they need to be successful in their work. A happy, productive workforce definitely leads to a reduction in the cost of doing business.


It is hard to overestimate the critical role technology plays in the success of all businesses. Solutions like Asset Lifecycle Management offer a compelling financial proposition by lowering upfront costs, providing predictability in budgeting and IT management, enhancing your IT support, and ensuring the reliability of your entire IT infrastructure.


If you are looking for a way to optimize your IT spend while maintaining access to the latest and greatest technology, look no further than our Device as a Service solution, Asset Lifecycle Management.

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