5 hidden costs of aging technology

Friday, October 25, 2019 at 4:08AM
Bob Appleby in Business, Editorial, Finance, Infrastructure, Update

Did you know that most business owners don’t even think about replacing technology until it fails? That can make it more expensive than it has to be. Here’s why.

• More downtime – Lost time is lost money for essential equipment and software 
• Lower efficiency – Competitors with newer solutions can do more in less time 
• Higher maintenance costs – Spending more money to get the job done hurts margins 
• Costly rentals – Substitute equipment is expensive and can create cash flow issues 
• Urgent replacements – Emergencies can lead to rushed decision making on long-term solutions

Is any of your technology getting to the place where it may be costing more than you thought? Get in touch and let’s break down the costs to see if an update could save you some money in the long run.

Don't forget that the cutoff for support of Windows 7 is coming up on January 14th 2020.

 

Article originally appeared on Bobs Tech Talk News and Reviews (http://www.bobstechtalk.com/).