IBM Hopes New Financing Options Spur End-Of-Year Sales - InformationWeek
IoT
IoT
News
News
10/28/2002
01:44 PM
50%
50%
RELATED EVENTS
Faster, More Effective Response With Threat Intelligence & Orchestration Playboo
Aug 31, 2017
Finding ways to increase speed, accuracy, and efficiency when responding to threats should be the ...Read More>>

IBM Hopes New Financing Options Spur End-Of-Year Sales

Vendor offers deals to spur sales to midsize and large companies.

Hoping to spur some end-of-year shopping among midsize and large companies that have shown no signs of loosening the purse strings, IBM on Monday unveiled a new set of financing options for enterprise customers.

Sounding much like a car dealer, IBM said it will give qualified buyers a 90-day "triple zero" offering--zero down payment with zero payments and zero interest until 2003. In addition, IBM will provide low-rate financing plans, with interest as low as 4.2% on selected hardware products. On the software side, the vendor is touting interest rates as low as 3.1% for one-time-charge software such as WebSphere and DB2 database products.

IBM is also sharpening its focus on the midsize market by dropping the minimum transaction amount required for financing eligibility to $25,000.

Comment  | 
Print  | 
More Insights
Comments
Oldest First  |  Newest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
IT Strategies to Conquer the Cloud
Chances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll