Humans have existed on this planet for 200,000 years, but there’s no evidence that we learned to write until nearly 6.000 years ago.
The first digital computer was created in 1938.
And now, there are children’s toys in 2022 that possess greater processing power than the Apollo Guidance Computer did when it was created in 1966.
Time may fly for the average human, but in field of information technology, time flies exponentially faster.
It’s easy to forget how quickly a computer can become outdated. That computer you recently bought that isn’t that old? The one you just got a few years ago that’s actually 8 years old already? It may be slowing you down more than you think.
Old computers and programs can significantly weaken and slow your processes and workflows.
This struggle doesn’t just affect your bottom line and level of service – it’s inadvertently a time-suck and it means that you are spending scarce billable hours on communicating and convincing. That is definitely risky business for small- and medium-sized businesses that could otherwise be increasing revenue and minimizing risk for environments.
Who is at risk, and what are the risks?
As if it wasn’t bad enough, it’s more than just you at risk.
First, there’s the risk of having your performance and efficiency compromised as a result of assets that are degrading in their performance. Based on a recent Microsoft study, consider a PC beyond 4 years of age:
To put it in perspective, it’s actually cheaper to replace two or more PCs than keeping an old PC for more than 4 years.
With proper reporting, asset rotation should be easy. Knowing the maturity of your assets and engaging in diagnostic discussions with your IT provider is important. With the right provider, though, that does not mean it’s a difficult or a time-intensive task.
Second, consider the risk to your customers.
Older, slower computers and programs are significantly less likely to comply with the ongoing security landscape and regulatory obligations. This means your data, and your customers’ data, may be less safe. This opens your organization to a flood of legal implications.
Okay, I hear you. How do I start?
Asset replacement isn’t an action that concerns the procurement and disposal stages in asset lifecycle management. It is the process of using information obtained from tracking assets throughout their lifecycle to determine the most cost-effective time to replace a client’s assets.
This should all be sounding familiar – it’s not a secret that aged IT networks and operating environments are at risk, fail more frequently, and increase down time.
They also are not cheap to replace and maintain. The primary function of asset lifecycle management is to maximize the value of each IT asset and then replace it at just the right time.
For more information, contact your Tigunia representative today.