The technological revolution of modern times can necessitate certain decisions regarding renting AV equipment
You will find companies that constantly have to deal with the issue of whether to buy or rent AV equipment. This is a well-known fact, especially in the corporate world. The one thing that usually makes this a hard issue to deal with is the cost that is involved in the acquiring of this equipment. In the event that you hold a decision-making position in a company and you constantly find yourself having to battle between renting and buying, think of the fact below the next time you are in that position.
The world of today has undergone, and is still undergoing, a technological revolution. Technology is changing and growing at such a fast rate that the way things were being done five years ago is very different from the way things are being done today. New models of machines are being rolled out every few months. A machine that is hip and cool and uses the latest form of technology now will literally be old-fashioned in a maximum of two years. The changes are rapid and the market is very ready and willing to adapt to them as they come with easier, faster and more convenient ways of doing things.
This is one fact that you should critically consider when considering buying AV equipment for your company. This will become even more important in the event that you do not need this equipment in the day-to-day running of the business. You may only be using the equipment once in a while and not all the time and the equipment does not generate any direct revenue for your company. In the event that this is the case, you should definitely go for the option to rent AV equipment.
You will spend such large sums of money on buying and maintaining equipment that you will probably have to upgrade within a short time. You might even find that technology will grow so fast to the point that the equipment that you had already bought will no longer be servicing your needs and you will be forced to buy new equipment. This will not only be stressful to you as an organisation but will also put a strain on your financial position as a company. It is thus highly advisable to simply rent in the event that the equipment is not required in the running of your core business.
