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IT Glossary - HaaS

HaaS

This acronym stands for Hardware as a Service. At times, it is more cost-effective to rent or lease computing hardware from a Managed Services Provider. Organizations may prefer the recurring Operating Cost of renting servers or workstations versus the Capital Expenditure of purchasing server or workstation outright. A benefit of HaaS is that the client organization typically receives the most current/updated version of hardware without the Capital Expense of a hardware refresh cycle.