Within the barcode scanning industry, there has been rapid growth in retail and manufacturing. This growth is estimated to increase to more than US$1500 million between 201 and 2031. With the combination of growth, product demand, and inflation on the rise, there needs to be a more straightforward purchasing method for the tools and technologies companies use on a daily basis.

Device as a Service (DaaS) is a great solution to look for when purchasing new barcode scanners for your business. DaaS, also sometimes known as Infrastructure as a Service (IaaS), combines the elements of Hardware as a Service (HaaS) and Software as a Service (SaaS) into one top-to-bottom solution with little to no upfront cost.

The global device as a service market size was valued at US$30.75 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 37.8% from 2021 to 2028.

So what are the benefits to you and your business when it comes to implementing a DaaS solution over buying outright materials?

1. Little To No Upfront Costs

The #1 perk of a DaaS program is not having upfront costs for your barcode scanners. You are able to pay overtime based on your exact needs. So don’t wait time and money on additional services, software, or hardware you don’t need.

As an example, in an operational lease or traditional contract, the customer agrees to use a product for a specific period of time. This time is agreed upon in advance with very minimal leniency. In contrast, an ‘as a service’ contract is very flexible and often on a monthly basis.

Build What Works For You

Having the ability to avoid upfront costs is ideal for many businesses, especially for startups and young companies. When looking for the right barcode provider and DaaS contract for you, ensure all your needs are met, from financials to software needs and equipment quantities, to properly stock your barcode scanning team.

2. Repair and Replacement Plans

Are you having labor shortage issues? No need to add additional IT staff when on a DaaS contract. Being on a DaaS plan, you will be surrounded by a very supportive culture. In this transaction you will, in essence, be leasing the equipment from your provider. When you are done with it, they will want to clean the device of your business’ data and refurbish the barcode scanners for another company. However, this can only be done if the equipment is appropriately taken care of while involved in a DaaS plan.

Both Sides Benefit

Regular maintenance is key to your DaaS contract and will benefit both parties.

Your provider is going to want to ensure any equipment you have out on DaaS is being updated with the latest and greatest, as well as adequately handled if an error or issue occurs.

Luckily, for your business, you will always have the most updated barcode scanning solutions and will have access to a reliable support staff for questions, issues, and updates. Best of all, the costs and effort associated with upgrades and new releases are lower than the traditional model.

3. Scalability Options

For most companies, an end goal is usually to grow and scale your business throughout the years. So why not work with a provider that allows your barcode scanning solutions to grow with you?

Being on a DaaS contract, you are able to add and take away hardware and software solutions as your company deems fit. From the start of your contract, your provider will lay out the required timelines for specific parts of the agreement. Still, they will never wave off adding new scanners or additional software features that can benefit you and help your business skyrocket to the next level.

So, What Are You Waiting For?

If you are struggling with inflation or old, outdated barcoding solutions, consider finding a barcode scanning provider that offers you the convenience of a DaaS contract. Eliminate the headache of upkeep, upfront costs, and working with different vendors, when you can get all elements of your barcode scanning solution from one provider for a low monthly cost that is built unique to your business needs.