InnoVent – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Wed, 27 May 2026 11:53:17 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png InnoVent – Tech | Business | Economy https://techeconomy.ng 32 32 The Cost of Doing Nothing Just Went Up https://techeconomy.ng/the-cost-of-doing-nothing-just-went-up/ https://techeconomy.ng/the-cost-of-doing-nothing-just-went-up/#respond Wed, 27 May 2026 11:53:17 +0000 https://techeconomy.ng/?p=182210 There’s a disconnect in many South African businesses right now. IT teams are under pressure to deliver on refresh cycles, upgrades, and infrastructure rollouts. CFOs are equally pressured to control costs and protect cash flow. On paper, both are doing exactly what they should be doing.

But the numbers they’re working with no longer reflect reality. Most IT budgets today were built on assumptions that simply don’t hold anymore.

Stable pricing, predictable exchange rates, reliable supply, and the ability to procure when needed. That world has disappeared, and it has changed faster than most organisations have adapted.

If you approved your capex budget six or twelve months ago, there is a strong chance it is already misaligned to what it needs to deliver. This isn’t normal inflation.

It is a structural repricing of hardware, driven by global component demand, supply constraints, and sustained pressure on the Rand.

The result is simple, the same budget now buys less. And yet, many businesses respond the same way. They wait, waiting for prices to stabilise, waiting for better timing and waiting for the next budget cycle. It feels prudent, it feels controlled. It isn’t, because the real risk isn’t just higher prices, it is losing your ability to execute when it matters.

South Africa sits downstream from global supply chains, meaning we feel every disruption more sharply. When stock tightens, we get it later. When prices move, they move more sharply. When demand spikes elsewhere, availability here becomes uncertain.

A simple delay on paper has very real consequences:

  • Refresh cycles begin to slip
  • Assets stay operational longer than intended
  • Performance degrades
  • Failure rates rise
  • Security risks creep in

Eventually, something gives. And when it does, the business is forced to act. Not on its own terms, but on the market’s terms. At whatever price is available, with whatever stock can be sourced, on timelines that are no longer flexible.

That is the operational cost of inaction. In more mature markets, the conversation has already shifted. In parts of the UK and Australia, businesses are moving away from trying to time procurement. They are focusing instead on securing outcomes. Locking in pricing early, committing to supply ahead of need, and removing exposure to further volatility.

The conversation has shifted from “What does this cost today?” to “How do we control what this will cost us tomorrow?”. That shift has yet to fully land in South Africa. But it must. Because the traditional approach of plan, approve, and procure is breaking under current conditions.

This is where the conversation needs to change. If your capex budget can’t stretch to meet rising hardware costs, the answer isn’t to delay. It is to change how you fund and secure the assets. Structured payment solutions allow you to act earlier, with control.

Lock in today’s pricing before further increases hit. Secure access to equipment while it is available, not when it becomes urgent. Convert a large, upfront capital purchase into a fixed, predictable cost over time.

More importantly, it gives you flexibility that traditional procurement simply does not. Projects planned for later in the year can move forward now, aligning payments with when budgets become available.

Deferred or bullet payments, shape funding around your financial reality rather than forcing a single upfront decision. This approach removes uncertainty from both sides of the business.

For CFOs, it protects cash flow while giving cost certainty in an unpredictable market. For IT leaders, it protects the integrity of the refresh cycle and ensures timely delivery.

There’s a more practical reality that often gets overlooked, assets depreciate from day one. Treating them as large capital purchases in a volatile market increases exposure. Structured fixed costs align far better with how they actually behave over time.

This is not about making the numbers work, it’s about regaining control. Many businesses believe they are maintaining control by delaying decisions. In reality, they are giving it up. Slowly at first, and then all at once when urgency hits.

Those who move early will lock in pricing, secure supply, and execute on their terms. Those who wait will inherit higher costs, tighter availability, and compressed timelines. In today’s market, the biggest risk is not making the wrong call, it is making no call at all.

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HPIFS Makes HP Tech Easy to Lease https://techeconomy.ng/hpifs-makes-hp-tech-easy-to-lease/ https://techeconomy.ng/hpifs-makes-hp-tech-easy-to-lease/#respond Thu, 24 Jul 2025 18:18:22 +0000 https://techeconomy.ng/?p=163792 HP Integrated Financial Solutions (HPIFS), powered by InnoVent, is transforming how organisations access HP technology, making it more affordable, sustainable, and aligned with modern business needs.

By pairing HP’s cutting-edge devices with InnoVent’s deep expertise in financing and asset lifecycle management, HPIFS removes traditional procurement hurdles. The result: a flexible leasing model that enables businesses to use the tech they need, when they need it, without the burden of upfront capital expenditure.

“We offer an alternative to cash or credit,” said Kuben Ramsamy, head of Sales, HPIFS Africa. “It’s about unlocking value through sustainable tech funding.”

From deployment and upgrades to end-of-life disposal, HPIFS handles the entire technology lifecycle under one contract, supporting CFO and CIO priorities through operational efficiency and off-balance-sheet financing.

The partnership also champions HP’s global sustainability agenda. Through asset refurbishment, responsible e-waste management, and circular economy principles, HPIFS helps clients meet their ESG goals while staying technologically ahead.

With scalable, tax-efficient leasing and a pay-per-use model, HPIFS isn’t just financing, it’s a strategic accelerator for future-ready organisations.

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Stricter Carbon Tax Regulations: InnoVent Helps Businesses Decarbonise IT at Scale https://techeconomy.ng/stricter-carbon-tax-regulations-innovent-helps-businesses-decarbonise-it-at-scale/ https://techeconomy.ng/stricter-carbon-tax-regulations-innovent-helps-businesses-decarbonise-it-at-scale/#respond Wed, 23 Apr 2025 08:04:52 +0000 https://techeconomy.ng/?p=157283 With the recent overhaul of South Africa’s carbon tax framework putting high-emission industries under the microscope, many CIOs and procurement leaders are scrambling for fast, credible ways to reduce their organisational carbon footprint – without blowing the budget.

InnoVent, an IT rental and asset management solutions provider, says the answer may be sitting right on their desks.

Now, through a unique partnership with Circular Computing, the company is making it easier than ever for African organisations to decarbonise their IT estate with certified carbon-neutral laptops.

Kwirirai Rukowo | InnoVent
Kwirirai Rukowo, managing executive at Qrent, the IT remarketing division of InnoVent

IT infrastructure is a major contributor to corporate emissions, yet it remains one of the most overlooked levers for carbon reduction.

“Carbon tax is no longer a compliance checkbox – it’s a financial pressure point,” says Kwirirai Rukowo, managing executive at Qrent, the IT remarketing division of InnoVent. “The true cost of IT is no longer just about rands and cents. It’s about emissions, accountability, and impact.”

Unlike conventional ‘refurbished’ laptops, which vary wildly in quality and offer no environmental guarantees, Circular Computing’s remanufactured laptops are built to the highest global sustainability standards and come with full carbon-neutral certification – a crucial differentiator in today’s regulatory environment.

This means every device procured through InnoVent directly reduces a company’s carbon liability, while still delivering enterprise-grade performance and reliability.

With the expanded scope of the carbon tax placing indirect emissions (Scope 3) under greater scrutiny, IT buyers are being held accountable not just for usage, but for the full lifecycle impact of their equipment.

“We’re not talking about wishful greenwashing here,” Rukowo explains. “These machines are backed by verifiable data, a remanufacturing process with 360 stages, and third-party certified to be carbon neutral. That’s a real, reportable offset CIOs can take to the boardroom.”

In a market crowded with “refurbished” tech, this level of transparency and quality assurance is rare. For African organisations looking to future-proof their IT investments against tightening carbon regulation, it’s a game-changing advantage.

Beyond tax compliance, the shift toward low-emission IT also plays a key role in helping businesses achieve their Environmental, Social, and Governance (ESG) goals – without compromising performance or budget.

“Smart procurement is now sustainability-led,” says Rukowo. “Every time a business chooses a carbon-neutral laptop from us, they’re not just reducing emissions – they’re supporting the circular economy, cutting e-waste, and even contributing to global water access through our charity partnerships.”

With exclusive rights to distribute Circular Computing devices in South Africa, Zimbabwe, and Zambia, InnoVent is leading the way in enabling sustainable IT adoption across the continent.

As emissions targets tighten and tax burdens rise, InnoVent is urging forward-thinking CIOs to take control of their carbon roadmap now.

“There’s no need to wait for penalties to hit the bottom line,” Rukowo concludes. “The solutions are available. The impact is measurable. And the time is now.”

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