Remote and Distributed Workforces Are Growing

Hardware for distributed workforces is likely going to be a topic at your organization sooner rather than later. Whether your organization already permits employees to work remotely or has a distributed workforce across the country or even the world, the number of companies with employees working outside of the four walls is growing. According to a survey by Global Workplace Analytics and FlexJobs, remote and distributed workforce utilization has increased by 159% between 2005 and 2017. 

With so many companies and employees working off-site, particularly those with field service teams whose entire purpose is to be where their customers are, there has never been a greater need for technology solutions. This not only keeps workforces connected but also allows data from work completed broadly to be stored, accessed, analyzed, and reported on. 

While a variety of hardware for distributed workforces has been available for many years, the growth of the Internet of Things (IoT) in multiple industries has enabled greater connectivity and understanding of work being performed. Industries like manufacturing, finance, and many more (as well as their respective subsets) are integrating IoT solutions into their technology environments — and employees’ hands — faster than ever. 

The manufacturing industry alone (one of the biggest industries utilizing field service as part of its overall service offerings and profit centers) is expected to increase its investment in IoT by 30% annually between 2019 and 2024. That means more production and technology environments as well as employees using devices that are all interconnected. The goal? To drive improved productivity, efficiency, decision-making, and profitability. 

While the growth of IoT and distributed work is fascinating and the subject of frequent studies, it’s important to understand that without the right hardware for distributed workforces, an IoT strategy will not be effective — if at all possible. But where do you even begin? Even for an SMB, hardware can be costly, time-consuming, and inefficient to roll out. What happens when it breaks down? What about when it’s time to replace it? And how can you understand utilization across your workforce to ensure you’re getting the most out of it?

6 Ways HaaS Solves the Challenges of Hardware for Distributed Workforces

To help manufacturers, distributors, finance companies, and others take advantage of hardware for distributed workforces, River Capital Finance implemented Hardware-as-a-Service (HaaS) — a subscription-based solution similar to software-as-a-service (SaaS) that provides the hardware organizations need but with more immediate and long-term advantages than other solutions. Here’s how HaaS supports hardware for distributed workforces.

1. HaaS Skips the Heavy Acquisition Costs

The sheer cost of hardware for distributed workforces — from printers and scanners to phones and mobile point-of-sale (POS) systems — can quickly add up to astronomical figures. Not every company has the capital available to make such a significant investment. Those that do would still be better off using those resources for more strategic purposes. With HaaS, companies get the equipment they need without a significant upfront cash outlay.

2. HaaS Keeps Hardware Up-to-Date

Devices and other equipment need to be updated periodically to ensure they’re operating at peak performance — not slowing your team down. With HaaS, your hardware is kept up-to-date for you, ensuring that field teams, shop workers, and others are able to do their work uninterrupted and that no significant downtime impacts your productivity and profitability. Updates are managed at a high level by administrators so users also don’t have to do a thing.

3. With HaaS, Repairs and Support Are Included

If you were to purchase some hardware for distributed workforces, you and your IT team would be responsible for repairing and providing any needed support for that hardware. This adds more costs, time, and responsibility to your already heavy workload. With HaaS, repairs and support are included in your contract. If a device needs repair, simply send it in for service. At the same time, a replacement device is sent out to you to ensure minimal work interruption.

4. HaaS Helps You Prove ROI Faster

While purchasing hardware has its benefits, it can take a significant amount of time to realize both payback and a return on your investment. All the while, the hardware is depreciating in value, requiring updates and repairs, and even needing to be replaced. But with HaaS, workforces are able to put their devices to immediate use, meaning no complex rollout is needed. The monthly fee is also significantly lower than the total cost of purchasing, so ROI can be realized and reported sooner.

5. HaaS Provides High-Level Visibility and Reporting

If you were to purchase hardware, any oversight, KPI tracking, and reporting must be built out internally using the systems you have available. If your IT team doesn’t have the capacity and your organization lacks a business intelligence tool or another appropriate system, this will be incredibly difficult to achieve. As a HaaS customer, all of this is included for you. HaaS provides software and analytics so leadership teams can analyze performance, track metrics, manage repairs and support requests, and more.

6. HaaS is Scalable With Your Growth

As your business grows and the needs of your team shift (such as becoming more and more remote or distributed), HaaS will remain flexible to support you. Most contracts are set for three years and can be adapted to your changing needs. When the time comes to modify your hardware subscription, new or additional devices can be included to support your team.

Get the Best Solution for Hardware for Distributed Workforces

With HaaS from River Capital Finance, your organization no longer has to worry about the challenges of hardware for distributed workforces. You gain the equipment you need, the software and analytics to support decision-making, and the peace of mind in knowing that you’re saving significant resources while achieving your goals faster. Give your remote and distributed teams the right hardware for the job with River Capital Finance.

Fill out the form below to have a no-obligation conversation with our team on how HaaS can solve your hardware challenges.