Schneider Electric launches a new channel program for its American Power Conversion line of uninterruptible power supplies. Credit: Farakos / Justin Rogue / Getty Images French data-center hardware giant Schneider Electric is the latest OEM to jump on the on-demand leasing program hardware, in this case the company’s American Power Conversion line of uninterruptible power supplies (UPS). The primary beneficiaries are channel partners, but the user comes out ahead as well. This is similar to the on-premises leasing model used by Hewlett Packard Enterprise, Dell Technologies, Lenovo, Cisco, and more. Rather than make a massive up-front purchase, you lease the gear and pay monthly for actual use. The deal is for channel partners to pair APC Smart-UPS solutions with its monitoring and dispatch services to create their own service offering. Schneider says this partnership will allow channel partners to offer more visibility and front-end maintenance across their customers’ dispersed UPS systems. Customers and channel partners agree to terms and the customer pays on a predictable schedule lowering costs and avoiding surprise charges, a Schneider spokesperson said by mail. “By entering into this contract with the channel partner, these scheduled/predictable payments on the contract allow the customer to shift this from CapEx into OpEx,” she wrote. UPS as a Service may include: APC Smart-UPS single-phase UPS models ranging from 0.75 to 3kVA with preinstalled network management cards for secure, remote monitoring. Schneider’s EcoStruxure IT monitoring software synthesizes performance and notification data from the UPS into proactive recommendations to enable secure, wherever-you-go visibility. Monitoring and dispatch services that offer 24/7 support to minimize business interruptions. Flexible contract length options (three and five years) and terms. The program is available now. Related content news High-bandwidth memory nearly sold out until 2026 While it might be tempting to blame Nvidia for the shortage of HBM, it’s not alone in driving high-performance computing and demand for the memory HPC requires. By Andy Patrizio May 13, 2024 3 mins CPUs and Processors High-Performance Computing Data Center news CHIPS Act to fund $285 million for semiconductor digital twins Plans call for building an institute to develop digital twins for semiconductor manufacturing and share resources among chip developers. By Andy Patrizio May 10, 2024 3 mins CPUs and Processors Data Center news HPE launches storage system for HPC and AI clusters The HPE Cray Storage Systems C500 is tuned to avoid I/O bottlenecks and offers a lower entry price than Cray systems designed for top supercomputers. By Andy Patrizio May 07, 2024 3 mins Supercomputers Enterprise Storage Data Center news Lenovo ships all-AMD AI systems New systems are designed to support generative AI and on-prem Azure. By Andy Patrizio Apr 30, 2024 3 mins CPUs and Processors Data Center PODCASTS VIDEOS RESOURCES EVENTS NEWSLETTERS Newsletter Promo Module Test Description for newsletter promo module. Please enter a valid email address Subscribe