Minimising Downtime and Maximising Revenue: Upgrading Your Technology

by | 12 May 2020 | IT Infrastructure

Investing in new technology may appear costly, which is why numerous businesses opt to prolong the use of their legacy systems beyond their optimal lifespan. In this article, we will explore the repercussions of relying on outdated technology and the potential consequences of not upgrading, considering various IT support services and providers in London.

5 ways obsolete tech drains business profits Technology is constantly advancing, becoming more efficient and powerful. However, many businesses struggle to keep up and continue to rely on their outdated systems.

Upgrading outdated technology may require an investment of time and money, deterring many businesses. Here are several reasons why:

  1. Higher costs – Updating and replacing old technology necessitates financial investment. Consider consulting a London IT support company for cost-effective solutions.
  2. Perceived loss of productivity – Upgrading hardware/software or replacing devices takes time. Additionally, the team needs to familiarise themselves with new technology. London IT support services can assist with a smooth transition.
  3. “If it works, don’t change it” mentality – Some business owners choose not to replace functioning old technology to save money until it breaks. However, it’s important to consider the long-term costs and consequences.
  4. Inconvenience – Changing PCs can be cumbersome, especially if the current setup is personalised. However, partnering with a London IT support company can ensure a seamless transition.
  5. The importance of adopting new technology – Investing in newer technology is crucial for business success. Enhanced systems improve efficiency, productivity, and security. IT infrastructure specialists and power platform developers can guide you through the transition.

By using outdated technology, businesses may experience the following costs:

  1. Reduced productivity – Older technology operates slower, takes longer to complete tasks, and requires frequent maintenance. This negatively impacts employee morale and productivity. Partnering with a London IT support company can help address these issues.
  2. Security risks – Outdated technology is more susceptible to cyber attacks and breaches due to outdated security features. London IT support companies specialising in cybersecurity can assist in mitigating these risks.
  3. Increased downtime – Older technology is prone to errors, breakdowns, and data loss. This leads to significant productivity and revenue losses. A reputable IT support company in London can provide timely assistance to minimise downtime.
  4. Higher costs – Prolonged use of technology results in increased repair and replacement expenses. Additionally, outdated systems consume more energy, hindering cost-saving efforts. IT outsourcing companies in London can provide cost-effective solutions.
  5. Compatibility problems – Outdated hardware may struggle to run the latest software, limiting your business’s capabilities. Partnering with IT consultants and cloud service providers in London ensures seamless compatibility.

“Knowing when to upgrade technology is crucial

Microsoft recommends replacing PCs that are more than 4 years old. However, financial constraints or operational disruptions may prevent immediate upgrades. In such cases, IT support companies in London can help protect and maintain existing devices.

Upgrading technology is made easier with the assistance of IT support companies like Air IT. They offer finance options, data backup and rebuilding services, performance assessments, and on-site support. Additionally, they can handle the secure disposal of old devices. If immediate upgrades are not feasible, implementing backup cycles, keeping spare devices, or investing in extended warranties can mitigate risks.

Furthermore, exploring trade-in programs offered by manufacturers can offset the upfront costs. Consider reaching out to IT support companies in London to explore these options and find the best solutions for your business.