Investing in new technology can be expensive, however not investing could be costing businesses more money in the long run.
The old adages ‘nothing lasts forever’ and ‘all good things come to an end’ can be applied to technology. At some point IT stops being fit for purpose, hardware may fail, and software becomes outdated. IT should work for a business not against it.
What are the warning signs that your technology needs invested in and upgraded?
As it gets older, hardware slows down. Over time as software is upgraded or more software is installed, performance decreases. Many businesses hold onto IT equipment long after the warranty or care pack expires.
Increased Operating Costs
One of the best ways to reduce IT operating costs is to reduce the use of outdated software and hardware which likely requires more resources to maintain.
Technology is great – when it works. If a business’ IT solutions are not helping employees to do their job, it’s restricting and reducing their productivity.
A key reason to invest in new IT technology for any business is to achieve cybersecurity certification. There is an increased security risk when running older systems. Ageing technology is more vulnerable to attack when hardware, firmware or operating systems stop being supported.
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