technology transition lease
TRANSCRIPT
![Page 1: Technology Transition Lease](https://reader038.vdocuments.net/reader038/viewer/2022100723/58ef4a661a28ab672b8b4699/html5/thumbnails/1.jpg)
Technology Transition Lease
Designed for companies transitioning to the cloud: End the delay of the inevitable ... plan your cloud migration without taking a substantial book loss on your installed asset infrastructure
Thomas D Vallone VP Wintrust [email protected] [email protected] www.linkedin.com/in/thomasdvallone www.twitter.com/thomasdvallone 847-274-8154
Designed for companies transitioning to the cloud: End the delay of the inevitable ... plan your cloud migration without taking a substantial book loss on your installed asset infrastructure
![Page 2: Technology Transition Lease](https://reader038.vdocuments.net/reader038/viewer/2022100723/58ef4a661a28ab672b8b4699/html5/thumbnails/2.jpg)
The Business Conundrum
Typical Company Profile:
● High cost of owned technology assets on their books
● Cannot break the ownership cycle as they continue to ‘invest’ in technology to maintain current environment
● Cloud adoption continuously delayed even though management understands the financial and technical benefit of the cloud
![Page 3: Technology Transition Lease](https://reader038.vdocuments.net/reader038/viewer/2022100723/58ef4a661a28ab672b8b4699/html5/thumbnails/3.jpg)
The Solution:
TechnologyTransitionLease
Transition Attributes:
● Funding source purchases the installed assets at book value and leases the equipment back to the company
● Book value issue is removed● Assets are leased for a time period
that coincides with strategy to transition to the cloud
● No further ‘investment’ in technology ownership
● Cloud solutions become layered-in over time as the leases expire
● Some installed equipment can be employed in new cloud infrastructure
![Page 4: Technology Transition Lease](https://reader038.vdocuments.net/reader038/viewer/2022100723/58ef4a661a28ab672b8b4699/html5/thumbnails/4.jpg)
Company Benefits:CASH OFFSET: Purchase and leaseback of installed assets generates cash infusion - this ‘cash’ can be deployed to other strategic, unfunded, initiatives
CLOUD REALIZATION: Transition lease establishes stake-in-the-ground for cloud adoption
FLEXIBILITY: User can perform necessary upgrades to installed asset infrastructure via a lease amendment during transition period
ELASTICITY: User can extend or terminate the lease depending on timing of cloud adoption
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Questions?
Thomas D ValloneClient advocate l Relationship builder lBusiness [email protected]@gmail.comwww.linkedin.com/in/thomasdvallonewww.twitter.com/thomasdvallone847-274-8154