There are various types of servers with
different capabilities available in the market.
Servers could be used for expanding
virtual capabilities or for powering heavy loads of data or to managing basic
works. You could buy it outright or take the server on rent. It would
again depend on your usage and requirements of your business.
You have the following options:
- Purchase: Big companies like to have their own IT
hardware though that would mean a five figure investment. It would save
the headache of making payments every month on the due date. But if you
take the server on rent, you
would save on capital expense.
- Leasing: Long
term leasing is an advantage. You get the equipment with coverage of
insurance. The cost of leasing works out cheaper when you compare with the
cost of purchasing the server plus the cost of maintenance and insurance
to it. You just have to sign an agreement with the owner giving the
equipment on lease. The monthly payment would be lesser than the rental
charges. You just have to make sure that the company leasing would replace
your server if it becomes obsolete with a new one while the lease contract
is valid.
- Renting: Most of the times, the hardware is taken
on short time rent. Taking server on rent gives you more financial freedom when compared to leasing.
When you take the server on hire, you would know the working condition of
the hard wares. It would be helpful in case you may want to buy at a later
date when your business is flourishing.
You can get all types of servers on sale or
hire or lease. You have to decide what suits you the best.
