The Concealed Costs Between Buying Fortinet Solutions vs Renting Network Equipment
The rapidly transforming technology and continuously expanding attack surface have necessitated the need for advanced network security solutions for businesses to protect both their data and operations. One of the key financial decisions you face is at the intersection of buying and renting network equipment. This post will cover the hidden prices of network security equipment acquisitions and reveal placements on when leasing Fortinet service can decrease these costs.
Cost Breakdown of Buying
Businesses invest in network equipment under the idea that they are saving money long-term. But they come with a whole slew of invisible costs that often get overlooked. We are going to expose these prices to you so that you can absolutely know how a great deal cash it will be. GO TO
- It involves spending on equipment such as firewalls, servers and routers, and this requires a significant investment in advance. This upfront cost could drain a company’s coffers and mean that it has less spare cash for other important company operations or investments a business may wish to flex its wing sufficiently to gain traction.
- Hardware Depreciation: As soon as you pull that new network hardware out of the box, it becomes depreciated. Value of the equipment decreases over time, which in turn affects the return on investment as a whole. As required up-to-date technology is upgraded every other month, existing equipment becomes legacy and replaceable by the latest tech developments of these manufacturers.
- MWE: The burden of maintaining network equipment is always placed on the enterprise to maintain throughout the ownership and use of its services. This in turn puts financial load on the business because of costs of repair and maintaining spare personnel to do this job.
- Upgrade Cost — with every new technology change and growing security threats, changes in upgrades has to be done periodically. These upgrades can be expensive, and failure to upgrade could leave the network open to security breaches.
- Support and Training: The onus on technical support — whether in-house or external support — is all the more burdensome for businesses owning the equipment. Further, training staff to operate and problems solve the equipment can also be a costly in terms of time and resources.
- End of Life Management: After-EOL, the equipment need to be disposed or recycled at cost by businesses. This goes in line with the regulation of the industry and environmental standards, which can only make things even more costly.
Benefits of Renting
Instead of investing in network equipment, a solution is emerging more and more for renting Fortinet solutions that can optimize the infrastructure of companies and also reduce hidden costs. Why renting is the better option:
- Low Capital Costs: There is no capital outset since we do not own our data. Doing this allows merchants to free up cash flow that can be put back into other parts of their businesses, offering new avenues for growth and development.
- Flexibility and Scalability — Businesses can choose the terms and conditions with their service provider for scaling their internet network based on business needs. That flexibility is what enables us to grow so quickly and to adjust to changing market conditions without owning and storing redundant equipment.
- Is One With The Latest Technology: By having access to other companies, and their devices, we are continuously one with the latest technology and security features. That way, the network infrastructure always stays in a modern state and is highly secure without requiring any expensive updates.
- Inclusive Maintenance & Support: Solution rental often involves maintenance and support agreements. This removes the requirement of doing money investment in maintaining technical support and repairs, ultimately leading to making businesses focus on their core activities.
- Refined Budgeting: When a business rents, it enters predictable operational charges considering all expenses and costs associated with solutions for networks. Prediction of Future Spending — Application maintenance and on-going updates also can be incorporated into a study which will provide an idea about the future expected costs thereby help in more accurate financial planning.
- Revised Equipment Refresh Cycle: Using rented equipment enables the routine return and replacement of network hardware—without additional charges. For companies it is more attractive to switch effortlessly to another model which means that, in addition to avoiding the associated logistics and costs of decommissioning outdated hardware.
Maintenance, Support & Upgrades
Network security solutions require maintenance and support and the need for upgrades is ongoing. This is yet another area that renting Fortinet solutions lends you higher advantages over the ownership of equipment.
- Proactive Maintenance: Most rental agreements come with proactive maintenance services. This process guarantees that the condition of network equipment is kept at its best so that downtime can be minimized and performance maximized.
- Dedicated Support: Fortinet rental solutions come with knowledgeable support services, ensuring that users will get timely help if technical issues arise. The ability to tap into this knowledge directly increases operational efficiency and lowers the likelihood of extended network outages.
- Frequent Upgrades: Renting ensures that the business also takes advantage of routine equipment updates incorporated as part of the service package. This means that the underlying network infrastructure always comprises the newest features and security updates, defending against growing threats without further expenses.
Conclusion
As the cyber threat landscape continues to evolve, this means that renting solutions from Fortinet is a tactical advantage for businesses. The addition in achieving network equipment can not only be manifested financially but also very practical, from the depreciation of its capital value, for its support and revitalizations. Opting for rental solutions can reduce the initial costs of businesses, provide them flexibility and the opportunity to use the latest technology combined with full support. Perhaps more imperative for enterprises looking to maintain robust and secure network infrastructure, renting is not only compatible with saving on costs but insulates them from the widespread digitization happening today.