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IFSEC Insider, formerly IFSEC Global, is the leading online community and news platform for security and fire safety professionals.
March 7, 2011

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State of Physical Access Trend Report 2024

Axis Security launches new leasing service for customers

The new ‘package’ includes an initial site survey and technical assessment to determine the technology required.

A rental fee is then agreed that includes not only the cost of installation and ongoing maintenance, but also the cost of monitoring if needed.

Systems are leased over five years to reflect the typical warranty period of new products, and the lease can be extended as and when required.

The new service is flexible such that it can cater for both green field and brown field sites.

If the requirement is to upgrade an existing installation, where the cabling and various elements of hardware are already present then this is duly reflected in the overall cost.

Viable option for security managers

Walter Fitzpatrick, the head of Axis Security’s Systems Division, told SMT Online that leasing is a viable option for security managers wanting full use of the latest technology without having to find significant capital from the outset.

“Leasing makes affordable a new installation or upgrade that might otherwise have been discounted, postponed or even refused on the grounds of cost and lack of available capital,” explained Fitzpatrick.

“At the moment, sourcing large sums of capital for expenditure, especially in those areas that might be considered ‘non-essential’, is something of a challenge. Security managers are increasingly having to ‘make do and mend’. With leasing, however, they can argue that capex is not the issue: the cost of the equipment is spread over five years.”

Fitzpatrick also believes that the concept of ‘affordability’ goes further still.

Assessing the concept of ‘affordability’

“Increasingly, security managers are looking at the role technology can play in supporting their existing manpower-based solutions,” he said.

“A typical CCTV installation leased over five years equates to GB pound 1.75 per hour. This makes for an interesting comparison against GB pound 9 per hour for a security officer.”

Leasing will of course never suit everybody.

“For those that may have lost the argument with the Board, primarily because of the lack of available funds, it represents a serious alternative to ensuring you’re never left without the security technology your business needs,” concluded Fitzpatrick.

For further information access the Axis Security website (a dedicated link is provided on the right hand panel of this page)

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