HP launches Financial Services in DIFC

Leasing and lifecycle asset management arm is designed to lower cost of HP product ownership

Tags: FinanceHP Middle EastUnited Arab Emirates
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HP launches Financial Services in DIFC Eyad Shihabi, managing director and enterprise business lead for the Middle East for HP says that HP Financial Services will hep lower the cost of HP product ownership.
By  Georgina Enzer Published  February 13, 2011

HP Middle East will be launching its HP Financial Services in the Dubai International Financial Centre (DIFC).

HP Financial Services is the company's leasing and lifecycle asset management services subsidiary of the Hewlett-Packard Company, which offers a range of financial services solutions.

"With the launch of financial services capabilities we are adding a new, and significant, link in the value chain for our top customers. HP Financial Services help customers significantly reduce the cost of ownership throughout the IT lifecycle - from planning and acquiring technology, all the way to retiring and replacing it," said Eyad Shihabi, managing director and enterprise business lead for the Middle East for HP. 

According to HP the leasing of its equipment provides clients is designed to give them flexibility and allows them to migrate to newer generations of technology. With HP leasing, clients do not have large initial upfront payments so company's can preserve working capital.

"It will make it easy and economical for customers to deploy world-class technology on terms tailored to their unique needs. Not only that, we can help our valued customers manage the risk of dealing with obsolete or unneeded IT equipment," said Shihabi.

HP Financial Services manages can provide technology refreshes at intervals during the lease and also offers sale-leaseback capabilities.

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