Why Does The World Need HaaS?
HaaS is an operating model many of us can easily understand, and it’s going to be a critical factor in expanding the lifetime of your parking business’ operations and profitability.
To grasp HaaS firmly, let’s use the example of something that’s likely very dear to you: your smartphone. When you purchased your device, it was probably brand new, had “the best” features, took the sharpest pictures, and connected to the fastest network. It was fantastic. But unless you bought your phone within the last year, it’s probably already outdated. Phone manufacturers operate at breakneck speed to stay ahead of their competitors. The result is that your device depreciates faster than ever.
The manufacturer offers an “easy fix”: buy a newer phone. All you need to do is pay roughly the same amount as you did for your older device. If you can’t afford that, you’ll have to hold off until you have the cashflow or wait until you’ve finished financing the old model you have right now.
If you’ve ever purchased or upgraded equipment for your parking facility, you’re familiar with this same cycle—only with a much bigger price tag. Like your phone, buying and re-buying the tech that keeps your business running at the same pace that manufacturers release improvements is unsustainable.
What’s needed to get past this antiquated process is a business model that replaces legacy hardware as soon as it’s out-of-date and eliminates the huge capital expense of a total refit. That’s how businesses will survive, and it’s how we put HaaS to work.
HaaS Breaks The Cycle Of Big Spending
For a parking facility manager, the costs pile up. You’re expected to outright buy your gates, kiosks, parking revenue software, and all other assets. With them, you’ll be forced into a maintenance contract to service and upgrade your equipment over time. If any parts of your system need an unexpected upgrade, that’s an extra cost. When your equipment depreciates to zero, you’ll have to buy new versions of everything and start all over.
HaaS turns that standard on its head. The up-front cost is gone, as is the burden of having to finance equipment or seek out investors. Gone too is the stress of worrying about the unexpected fees to cover breakdowns. The money you typically lose from paying for out-of-warranty repairs or intermittent upgrades stays in your pocket.
Using the HaaS model, you pay a consistent, affordable monthly fee. When you sign up with us, for the life of our partnership, we provide you with the hardware upgrades, software updates, regular maintenance, and flexibility to improve your services as you see fit. In short, we make it easy to keep your business running and competitive.