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Stay ahead of the game with a storage refresh strategy

By Amy Kester, HP Financial Services marketing communications manager

 

It’s no secret that storage needs have evolved drastically in the past few years. As this IDG white paper on HP Converged Storage confirms, establishing a proactive storage refresh plan can help improve your performance in alignment with business demands - while also addressing scalability, cost and unified management. A comprehensive asset management plan can help you achieve these results by replacing your existing infrastructure and properly handling the removal of old equipment.

 

But how do you get started? The current stage of your equipment’s lifecycle can help determine your storage refresh path.

 

Watch for these three typical IT lifecycle phases that can point you in the right direction:

  

1. Ready to refresh. Fully depreciated assets or at end of useful equipment life.

The end of the IT lifecycle is a crucial time to consider your comprehensive storage ecosystem from both a refresh and retirement standpoint. With complete line of sight across the lifecycle, you can make more strategic decisions around budgeting and resource allocation. For example, developing a leasing strategy to help you manage your budget and put your storage assets on a consistent refresh cycle.

 

2. Stuck. Current storage investment not fully depreciated, and current project not new.

Did you know that the longer you wait to address IT hardware and software problems, the more you could be spending on maintenance and productivity cost? Consider the option of reselling or upgrading your sluggish equipment. You have the ability to refresh storage at your own pace.

 

3. Short-term fix. Not ready for storage refresh, but have a particular project in mind.

You may not be immediately ready for a refresh, but have a certain project in the queue. Short-term rentals can provide quicker turnaround for specific applications such as spiked seasonal demands or product launches. They can also allow you to try equipment before purchasing, or act as a risk-free test environment for a new system. Additionally, rentals can accommodate larger workloads without significant equipment CapEx.

 

Regardless of point in time, you should be able to acquire and modify storage on demand. An asset management plan can provide built-in flexibility to evolve your storage ecosystem in line with long-term and short-term needs.

 

For additional insights, check out this video on the HP Enterprise Business YouTube Channel: Storage Refresh - Keep Up With Fluctuating Demands:

 

 

 

 

 

Comments
Depreciation report(anon) | ‎09-03-2012 11:45 AM

This details is very useful for Depreciation report I really experienced, I would like get more details about this, because is very amazing, thanks for sharing!

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