NEW YORK, December 8, 2015 – It has been almost six years since the Federal Reserve raised interest rates, but if market indicators are correct, the central bank may vote to do just that when it meets later this month. What do interest rate hikes have to do with technology adoption? According to Logicalis US, an international IT solutions and managed services provider (www.us.logicalis.com), quite a lot.
“Because it hasn’t happened for so long, a rise in the interest rate will have a cascading effect on business that organizations may find difficult to anticipate,” says Rich Pirrotta, CFO, Logicalis US. “CIOs who have already prepared their budgets for 2016 may want to revisit their plans and talk with their CFOs about sales projections, access to capital and anticipated cap-ex spends to ensure they’re ready. They should also investigate the smartest ways to finance their IT purchases if the interest rate increase does indeed occur.”
Five Important Questions CIOs Should Ask Their CFOs Now
Logicalis US says CIOs and CFOs should have proactive discussions today about capital purchases planned for 2016 in anticipation of a possible interest rate hike during the first quarter of the new year. To help, Logicalis US finance experts Rich Pirrotta and Todd Yaekle, Vice President of Finance, suggest the following five questions as conversation starters:
- The real value of a business’ IT infrastructure comes from its use, not its ownership.With an interest rate hike pending, leasing can provide a valuable resource for organizations considering a major technology purchase in the coming year.Learn more here:http://ow.ly/VzKGj.
- Is now the time to consider outsourcing internal “lights-on” tasks like 24x7x365 monitoring and management of your IT systems to an experienced partner? Read about the six surprise benefits of managed services, watch a video about managed services, find out how managed services works, then explore the business benefits of managed services here: http://ow.ly/V1WCa.
- Wondering if a move to the cloud could save your business money? Take part in a Cloud Readiness Workshop to find out: http://ow.ly/V1Ytl.
Logicalis is an international IT solutions and managed services provider with a breadth of knowledge and expertise in communications and collaboration; data center and cloud services; and managed services.
Logicalis employs over 4,000 people worldwide, including highly trained service specialists who design, deploy and manage complex IT infrastructures to meet the needs of over 6,500 corporate and public sector customers. To achieve this, Logicalis maintains strong partnerships with technology leaders such as Cisco, HP, IBM, EMC, NetApp, Microsoft, VMware and ServiceNow on an international basis. It has specialized solutions for enterprise and medium-sized companies in vertical markets covering financial services, TMT (telecommunications, media and technology), education, healthcare, retail, government, manufacturing and professional services, helping customers benefit from cutting-edge technologies in a cost-effective way.
The Logicalis Group has annualized revenues of over $1.5 billion from operations in Europe, North America, Latin America and Asia Pacific and is one of the leading IT and communications solution integrators specializing in the areas of advanced technologies and services.
The Logicalis Group is a division of Datatec Limited, listed on the Johannesburg and London AIM Stock Exchanges, with revenues of over $6 billion.
For more information, visit www.us.logicalis.com.