Leasing hardware or Device as a Service (DaaS)—do you know the difference between the two? They’re often confused—and understandably so. There are quite a few similarities between them and in this blog, we’ll explain the key differences and similarities between them.

Different terms for Device as a Service

In the IT world, various terms are used to describe the concept of Device as a Service. Alongside DaaS, you’ll often hear HaaS, IaaS and PaaS, which stand for Hardware as a Service, IT as a Service and PC as a Service. Generally speaking, they refer to the same concept, but at ARP, we’ve chosen to use the term DaaS, which stands for Device as a Service.

Similarities between hardware leasing and DaaS

Device as a Service is, in some respects, similar to leasing hardware. While the former is often referred to as operational leasing, the latter is known as financial leasing. In both cases, you only pay for using the devices, not their purchase, but that’s where the similarities end.

Hardware leasing

Leasing hardware is also referred to as financial leasing. When you enter into a hardware lease agreement, you’re not the owner of the devices during the contract period. However, at the end of the contract term, you do become the owner. The hardware is therefore listed on your balance sheet.

When you sign the lease agreement, you don’t know the exact residual value of the devices at the end of the term. You’re also responsible for maintaining and managing the leased devices.

  • A more efficient way of working together.
  • See where your organisation stands in terms of its IT and personnel policy.
  • Make it easier to respond to situations by seizing constant change.
  • A visual roadmap tailored to your company.

Device as a Service

With DaaS, as with financial leasing, you pay only for the use of the device, but at the end of the contract term, the supplier takes the device back. 

In addition to usage, DaaS includes a range of services including delivery and installation of devices, as well as maintenance, repairs, replacements and disposal.

With DaaS, your organisation no longer has to worry about maintenance.  What’s more, your employees and end users are always equipped with the latest, most up-to-date devices.

More companies are choosing DaaS

It’s an attractive option for many businesses as it offers greater flexibility, making it easier to scale up or down. Costs are also lower compared to purchasing new hardware. And it gives IT departments more time and space—they spend less time managing hardware and can focus more on core IT tasks.

5 benefits of Device as a Service.

  • Shift from CapEx to OpEx
  • Transparent and predictable costs
  • Flexibility and scalability
  • More time for core IT tasks
  • The latest devices, always up to date

 Many organisations underestimate the amount of time spent on purchasing, implementing, managing and disposing of devices. These are hidden costs that are often left out of business cases. Be sure to factor them in when considering a switch to DaaS.

Want to learn more about DaaS and its benefits? Download our free e-book!

Hardware lease| Financial lease:

  • Organisation owns hardware after contract term
  • Hardware is listed on the balance sheet
  • Organisation is responsible for management and maintenance
  • Uncertainty about residual value of hardware
  • Generally less cost-effective than DaaS

DaaS | Operational lease:

  • Organisation does not own the hardware
  • Hardware is not listed on the balance sheet
  • Management and maintenance are included in the contract
  • Usually more cost-effective than hardware leasing
Powered by
Apple Business Partner
ARP NL Brandshop HP
ARP NL Brandshop Lenovo
ARP NL Brandshop Samsung
Want to find out more?

Get in touch with Noël Brouwers, Business Developer Workplace & Mobility

Noel Brouwers
Noël Brouwers

Team Lead W&M • Sales Consultancy

+31611470765

Get in touch

* Required fields

We take the protection of your data very seriously. For details, please read our Privacy Policy.

By submitting this form you agree that ARP Nederland B.V. may process your personal details in line with our Privacy Policy. You also agree that we may contact you by phone about our products and services.