Whether you’re a small business owner that relies on technology to run your business or a tech geek that loves gadgets and wants the latest and greatest tech toys, technology affects just about every aspect of our lives.
Technology changes so rapidly that the joke is when you buy a new computer, by the time you set it up its outdated and there is already something faster and better available.
With new technological developments, upgrades, and the rapidly changing technology landscape, it’s difficult to know when it’s the right time to upgrade equipment and take advantage of the newer technology and when it is the best to wait and save money on another technology investment technology.
In my experience, the normal lifespan of a business class laptop or other equipment is about three years. This is consistent with what I’ve read in industry and trade publications. After three years, the cost of maintaining a laptop or a desktop becomes more expensive than buying a new one.
The three-year window is simply the average lifespan of computer and technical equipment. For me, the best indicator for deciding if it’s time to buy new equipment is if employee productivity has dropped as a result of the equipment provided to them. If an employee is unable to work for a full day due to a computer issue, the day’s loss of productivity is probably going to outweigh the $1,000 or so to buy a new laptop.
Over the course of a laptop’s or desktop’s lifetime, there are a few simple things you can do to extend the life of a computer, including:
In every aspect of assessing a business’ computer viability and the question of when to upgrade, I recommend asking the question, how much is productivity worth? Productivity should drive or at least play a significant factor in any business decision. If productivity is down and it’s due to a questionable computer and the tips listed above aren’t helping the issue, it’s probably time to upgrade or buy a new machine.
I usually start looking at potential replacement equipment at about the two-and-a-half-year mark. If you can spread the purchasing out over time and do it in cycles, that will help save your business on the costs associated with purchasing new equipment. The key to any technology upgrade or new equipment purchase is to not let it have a negative impact on productivity.
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