nuPSYS & Asset Finance Group Partner to Provide SaaS-Like Offering of nuPSYS Products
SILICON VALLEY, Calif., June 5, 2015 /PRNewswire/ -- nuPSYS (http://www.nupsys.com/) is pleased to announce that it has partnered with Asset Finance Group Inc. (AFG), to provide SaaS-like offering of nuPSYS products.
Logo - http://photos.prnewswire.com/prnh/20150604/220989LOGO
The nuPSYS Subscription™, is a financing instrument through AFG enabling nuPSYS' customers to treat purchases of nuPSYS products as an operational expense (OPEX). It includes a fixed-term commitment with coterminous support. This is in contrast to a perpetual license purchase whereby it is mainly treated as a capital expenditure (CAPEX). For some of nuPSYS customers, this creates an easier entry point given its Software-as-a-Service (SaaS)-like attributes.
For certain market applications, the customers substantially prefer OPEX solutions, with the demand driven by the Cloud and SaaS offerings. In certain markets IT organizations' success is partly measured by return-on-assets, thus making subscription model an excellent approach, with faster approval & Sales Cycles, & consistent with the typical IT budgeting processes.
nuPSYS is now also able to offer CAPEX financing through AFG, whereby perpetual licenses are bundled with coterminous support, with a monthly payment construct. This essentially enables a "Zero Percent" financing resulting in a faster Sales Cycle. nuPSYS-AFG may also support other nuPSYS products & Services.
"AFG as a partner is essentially an extension of nuPSYS for the US markets and customers," said Ernie Morales, Vice President, Vendor Programs at AFG. "We can support all nuPSYS' US business for Direct, through nuPSYS' Channel Partners, Federal, & State, Local, Government & Education (SLED). We are pleased to have nuPSYS as a strategic partner & look forward to substantial growth of our mutual business with the unique solution from nuPSYS for Enterprise, Service Provides, & IoT."
"We are pleased to partner with AFG for SaaS-like offering of nuPSYS products with OPEX and CAPEX financing," stated Dr. Reza Ahy, nuPSYS CEO. "AFG is a leading company in asset financing for the networking industry. nuPSYS' patented product is a unique solution for substantial US markets & customers. Andy Chen leads our partnering programs and together we look forward to a rapidly growing business success with AFG. Our Real-Time Visualization, Simplification & Analytics dramatically improve the effectiveness, visibility & cost of operating IP-Networks for Legacy, SDN, and Virtual Networks."
nuPSYS has recently announced its Cisco partnership & collaboration on Cisco Modelling Lab & plans to announce other major complementary partnerships currently in process. nuPSYS market focus & customers include major Tier-1 Financial Institutions, Manufacturing Companies, Infrastructure, & Government engagements.
About nuPSYS: nuPSYS provides a Unique & Innovative Patented Solution, to drastically Simplify managing & optimizing networks via Visualization of the entire network and its dynamics in Real-Time. Its solution offers both Cloud-Based and On-Premise versions, with Real-Time Analytics, Scalable to a Million+ devices. nuPSYS' Team is a seasoned group of industry veterans with hundreds of years of Industry Experience including building Tier-1 Enterprise and Service Provider Networks, Data Centers, wired & wireless Telecommunications & IoT infrastructures worldwide, & multiple CCIE's.
Media Contact:
Reza Ahy
650-384-6825
Email
SOURCE nuPSYS
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article