Honeywell as a Service Simplifies the Way You Acquire and Manage the Lifecycle of Critical Assets
Barry J. Ewell
June 3, 2019
Honeywell as a Service (HaaS) is a very simple and cost-effective way in which a business can acquire capital equipment, software and services, and manage the lifecycle of critical assets.
What is HaaS?
HaaS is an offering to help you navigate technology challenges. It provides you with an innovative approach to acquire software, hardware, and services, and pay for them through a monthly payment model. Since no upfront capital outlay is required, you can maintain your competitive advantage in the market. Therefore, HaaS gives you the flexibility you need for success.
Why choose HaaS?
Whether you are looking to optimize your cash flow or manage the equipment lifecycle of your assets, we can design an offering tailored to your needs.
The following are a few reasons for you to consider HaaS:
- Value beyond one-time hardware transaction
Due to the very nature of this solution you can achieve ongoing value, rather than just limiting value to a one-time only transaction.
- Eliminates the complexities associated with multiple contracts
HaaS eliminates the confusion of having multiple contracts from different sources, since you can combine all expenses associated with your purchase into one convenient plan. Equipment, deployment, professional services, break fix services and software – everything you need is included in a single contract. Responses to purchase applications are provided within 24 hours.
Honeywell is a global company. If you compare HaaS against your current lending/financial institution, you will most likely find HaaS to be more cost-effective with better long-term value over the life of the contract.
- Eliminate technology obsolesce and security risk
With HaaS, you don’t need to ever again worry about your technology becoming obsolete or being a security risk. As your contract comes to a close, you can extend your lease, purchase the hardware, or get a technology refresh. If you decide to choose a hardware upgrade or refresh, you can receive credit toward new devices if there is residual value.
- Asset Management
HaaS also includes an Asset Management Tool to enable the management of your equipment throughout the time it is in use. (Available in the US only).
- Lifecycle Management
When it’s time for devices to be updated, the costs related to device data destruction, recycling and/or remarketing are covered by HaaS.
What are your next steps?
Whether you are interested in reducing capital expenditure or optimizing depreciation, we can develop an offering that is tailored to your needs and goals. It’s simple to get started. Contact your Honeywell representative, preferred partner or distributor, and ask for Haas as an option for your next purchase.
HaaS is currently available in the US and Europe. However, we continually seek to add additional countries we can support. Contact your Honeywell representative or partner today to find out if HaaS can be available in your region.
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Barry J. Ewell is a Senior Content Marketing Communications Specialist for Honeywell Safety and Productivity Solutions. He has been researching and writing on supply chain topics since 1991.