Use OPEX to your organization’s advantage – take the example of an on-premise server.
Modern on-premise business servers start as low as several hundreds of dollars, but they can run into the thousands. Like any technology, the more features and capabilities the server has, the more expensive it will be.
Along with the purchase of the physical server, you’ll need to keep several other things in mind. What if the server breaks? What if you don’t know how to configure it properly? Where are you going to put it in your office?
All of those costs are attributed to CAPEX. To accurately calculate the cost of the server, you’ll also need to factor in maintenance costs, setup fees, floor space, and even depreciation.
However, OPEX can give you freedom. You can use cloud-hosted servers in a secure offsite location to store your data. Maintenance is handled for you, there are no setup fees, and you can add or remove user seats as needed.
All of that for a flat, predictable fee that fits into your unique budget.