• Business

    IT Leasing and Financing Figures

    According to IDC, leasing and financing of IT software and services is on the rise by around 20% per year and hardware leasing and financing is up around 4% per year.  And in 2009 the market for leasing and financing is to be at above $100 Billion.  The largest of these financiers is IBM Global Financing, with 3,000 employees and a whopping $36 Billion in assets and has promised to finance another two Billion towards American Recovery and Reinvestment Act projects.  It seems like the hope though is that when these leases reach maturity that the organizations will be able to roll into new leases or buy new hardware, software…