Like with most things we buy, it tends to be appealing to purchase best-in-class technology for your business. With global spending on devices alone totalling over £500 billion in 2019, according to analyst Gartner, the pressure on businesses to keep up with the latest technology and remain competitive may seem intense. Yet, whilst buying new kit does have its advantages, it should never be the default option.
It’s vital that your business has the equipment it needs to succeed in the ever-evolving digital landscape, but it is conceivable to achieve this without purchasing brand new. Purchasing refurbished hardware allows you to access substantial cost savings and does not have to involve a trade-off in terms of performance and quality.
Have you ever considered purchasing refurbished hardware for your business? Or are you put off by the thought of equipment that may be faulty, damaged, or defective? In this blog, we will explore the five biggest advantages of buying refurbished hardware for your business and explain why “refurbished” does not have to be a dirty word.
- Generate significant cost savings and free up your IT budget
For every business owner and IT manager, watching the bottom line is of vital importance, and there is no time like the present to revisit your IT spending practices. Refurbished IT hardware provides significant Capex cost savings when compared to buying new, which can lower your investment by up to 90%. The cost savings generated also provides organisations with the flexibility to upgrade multiple times within a regular purchasing cycle, if they wish.
Helping you to reduce unnecessary IT spending and improve budget allocation to business innovation, buying refurbished enables you to maximise your ROI and retain the same level of reliability, with quality hardware that adds value to your IT infrastructure.
- Extend the IT lifecycle with higher-performance models
Refurbished hardware allows you to achieve the best possible price/performance ratio, giving you access to faster machines that have more memory and functionality than new models at a similar price. This is a key benefit which is particularly useful for start-ups, who may require the latest models but do not have the budget.
Getting the most out of the refurbished market is also about intelligent timing, and this is where we can demonstrate a significant benefit of working with an IT company to procure your hardware. By understanding the market, you can track the release of latest models which commonly push any previous products within a manufacturer’s portfolio to a much lower cost point. This can enable your business to future-proof your infrastructure and gain further cost savings by extending the IT lifecycle, with optimally performing hardware that can last for many years to come.
- Minimise your carbon footprint and improve public image
When computers, laptops and other hardware are sent to landfill as electronic waste, toxic chemicals and components can cause serious harm to the surrounding environment, contaminating both human and animal life – think mercury, lead, cadmium, and other nasties! In the EU alone, 160,000 laptops are disposed of daily, of which 70% could be reused. By choosing to buy refurbished hardware, you are playing your part in protecting the environment and reducing your own carbon footprint as a business.
If sustainability is important to you, this is a great first step to making a change. For your customers or clients, being environmentally conscious can also enhance your public image, and provide an eco-friendly differentiation from your competitors. Companies that choose to invest in refurbished hardware can advertise that they are doing their bit to save the environment by reducing, reusing, and recycling. It’s a win-win for the business, and for our planet!
- Get total peace of mind with certified testing
Authorised manufacturer refurbished hardware undergoes a stringent certified testing, upgrading and inspection process which is either carried out by the manufacturer or a third-party refurbishing firm. This ensures that the hardware is free from faults, defects, and damage, and ready for optimal use before resale with a full warranty in place. For your business, this means that not only is your hardware nearly as good as new, but it may have been through much more rigorous testing than a factory-fresh alternative.
It is also important to note that a lot of refurbished kit is simply unwanted rather than flawed – refurbished does not have to mean used or second-hand. Refurbished equipment can come from many sources, from cancelled orders to overstocks to open-box returns.
- Reduced maintenance spend and spare part availability
When purchasing refurbished hardware, you can be sure that spare parts, add-ons, upgrades, and compatible equipment are already available in the market. In comparison, when a new product is launched, it is typical for these items to not be on sale for several months and be significantly more expensive. This means that choosing refurbished hardware gives you the opportunity to reduce ongoing spend, with cost savings that extend far past your initial outlay.
At Quodo Technology, we work with you to source refurbished hardware from high-quality vendors that suits your needs, with a focus on performance, stability, and security. If you’re interested in purchasing equipment that offers comparable performance to new retail units at a fraction of the cost, find out more and book a no-obligation consultation here.