2023 is poised to be a fairly healthy year for IT hardware leasing. With a wide variety of technological advancements and a demand for top IT hardware, businesses will be driving increased demand for these products.
Let’s look at where IT hardware leases are headed in the next year. Whatever direction trends go, Clearview Business Solutions is poised to leverage the best in technology for our leasing and managed print service customers in the Tampa – St. Petersburg area.
The Post-COVID Landscape:
No projection could be complete without an analysis of the market as the COVID pandemic wanes in importance. The biggest trend to understand as we head into 2023 is that remote and online work is here to stay.
Workers have spoken, and workplaces have listened. Many workers across all industry sectors are performing jobs from home, at least part of the time. This has a huge influence in hardware leasing projections. Cloud-based technology is a must.
At Clearview Business Solutions, we are staying on top of this trend by leasing equipment that is cloud native and highly secure. We know that our customers often deal in sensitive data, and may face other regulatory and compliance issues that arise from moving data off-premises.
We partner with manufacturers that have security built into their cloud structure. These are elements like encryption in transit and identity validation.
Supply Chain Projections
IT hardware leases are likely to be impacted by fluctuations in the global supply chain. The key takeaway for our managed print clients is that we are monitoring the situation and are ready to pivot when necessary.
Unpredictability in the supply chain has become an unfortunate reality. As countries struggle to deal with various lockdowns, and political turmoil, having a robust supply network is more important than ever. Having redundant ways of shipping and delivering products is essential.
One thing to watch as we head into 2023 is the potential for a freight railroad strike in the US. This could cause several issues for IT hardware leasing and more. Successful businesses will stay abreast of developments and not just plan for contingency operations; they need to expect them.
Companies may have more reason than ever to enter into a new lease, or see if they can renegotiate an existing one as we head into 2023. It’s worth watching these trends to see if they might be a good fit for your Tampa Bay business. Remember that new technology can drive higher productivity, better efficiency, and increased security.
However, it’s not always a smart play to be an early adopter. It’s best to have a sit down with a leasing advisor to see what moves you need to make in leasing new multifunction printers or other equipment. See how it fits into your long-term plans and proceed from there.
One of the biggest game changers will be more widespread adoption of AI technology. When you think of printer leases or managed print services, AI may not be the first thing that comes to mind. It really speaks to the revolutionary nature of this technology that the benefits are being seen down the line, from top-of-the-line computers to printers, Internet of Things devices, consumer products, and more.
For printers, it’s the usage data that is so useful. Your printer usage can now be analyzed, so your system gets smarter over time. This translates into a much more efficient system of supplies, maintenance, and repair.
Cloud adoption is moving towards ubiquity. Printer leases are no exception to this. This is being heavily driven by remote work, mobile operations, and more. The leasing trend will certainly involve more cloud-capable and cloud-native equipment.
One of the biggest IT hardware trends is certainly automation. Coupled with AI, automation is a game changer for workflow efficiency. Multifunction printers are now incorporating automation in just about all phases of operation.
The demand for automated capability is sure to rise in 2023 and beyond. This is likely to fuel even more innovation by manufacturers.
Changes in the Business Climate
The hardware leasing market has moved from a highly reactive model that was the norm during the pandemic to a more proactive doctrine. During the pandemic years of 2020, 2021, and 2022, companies were doing whatever was necessary to survive.
Most experts feel that for 2023, growing will be the norm. Of course, growth rates are likely to be tempered somewhat by an uncertain economy. Whatever the rate of growth, companies will be looking for more efficiency in their leases, and ways of dealing with potential supply chain issues in new products or parts necessary for repair.
One good piece of news is that slower growth may lead to lower prices in shipping. This can translate into substantial savings when leasing new products. The economy is now projected to grow at an extremely slow rate during the next year.
The Leasing Landscape for 2023
To stay ahead, companies are having to adapt and meet changing customer demands. This is more important than ever, given the uncertain financial outlook for 2023. Customers are changing the way they shop or enter into service agreements. Businesses need to be able to adapt quickly, or risk being left behind.
This requires scalable solutions. When demand peaks, the equipment you lease needs to be able to meet the increased workload. If business slows, it’s essential that IT equipment not consume valuable and expensive resources when it’s not being used.
Leasing companies offering multifunction printers need to offer a diverse field of product offerings to make sure that workload is properly matched to equipment. This is why leasing is so beneficial. Flexibility and scalability are inherent in this type of business relationship, which helps businesses adapt, survive and thrive no matter the economic climate.
Whatever the trends are in 2023, you can be sure that Clearview Business Solutions are monitoring them. By staying on top of IT hardware leasing trends, we’re able to offer the best advice and options to our Tampa area clients.