Putting off upgrades? – Think again
April 30th, 2009 by Al
The other day, I was telling my wife (yeah, she listens) that even in a down-turn, IT equipment purchases shouldn’t be put off. The reason is obvious to me, but not those responsible for towing the fiscal line. Even so, the main reason for investing in technology, is to increase your company’s position– for the new market.
Suspending capital expenditure is a sure sign your company–is weak and in survival mode–and won’t be ready.
To bolster my position on this critical line of thinking I will outline my “Top 3 Reasons For Purchasing Hardware Now:
1. Your equipment ages, it becomes slower, becoming a security risk. It’s likely to cost more in terms of support and maintenance.
2. Other company systems become faster, store more data and wants to transfer at a faster rate. You become in impedance to that business. Your customers will hate this. If you have internal customers, it’s a bad experience hearing from them.
3. Equipment is less expensive – That’s right, if you’re feeling the pinch, they are too! And, they are more apt to be creative with pricing.
Now, as opposed to later is actually the best time to increase your company’s position with this type of capital expenditure. One of the main reasons we’re in the mess we’re in–is because of poor risk management.
How much are you putting at risk by putting off that upgrade?
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Copyright Alfred Ardon 2009. All rights reserved.
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