As-a-Service Solutions Offer CIOs Financial Flexibility in Uncertain Times

As-a-service offerings are in demand by CIOs seeking to access the latest technologies with minimal upfront investment, while offering a way to manage financial risk.

Businesses are facing a period of economic uncertainty, as factors like trade frictions, erratic oil prices and changing interest rates cloud the nation’s outlook. At the same time, a tightening labor market makes it challenging to find and retain employees—particularly in technology. This is forcing CIOs to rethink where IT budgets should be allocated.

According to John-David Lovelock, research vice president at Gartner, “Through the remainder of 2019, the U.S. dollar is expected to trend stronger, while enduring tremendous volatility due to uncertain economic and political environments and trade wars.”

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SOURCE Lexmark

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