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Even if a manufacturer stops supporting a product, it doesn’t mean the product becomes useless. Most of the product’s value still remains, and if it is still working for your company, it is a good idea to keep using it. As long as there aren’t any major issues with the hardware or problems with its place in your company’s infrastructure, you can stretch your initial investment and keep the product working longer with TPM.

If your hardware is reaching the end of its life cycle, but your company doesn’t have a lot of extra money to spend on upgrades, you can still use your existing equipment with the help of TPM. You can wait until you’re ready to upgrade, and you can prepare for the transition by getting your finances in order. When you’re ready, you can purchase new equipment.

If you are fixing your hardware yourself, you may not have access to OEM parts. This can be a problem, because the other parts you find might not be as good as the original ones. You might have to work with less-than-trustworthy manufacturers to get what you need. But it is worth it to work with TPM. They have access to trusted parts that will work with your equipment. Plus, the technicians who are performing the repairs are experts in this field and may be more familiar with the equipment than in-house techs.

You don’t have to pay a lot of money for post-EoL OEM services. You can work with a TPM company to get the job done at a lower price. TPM companies have a similar skill set to OEMs, but they charge less. Plus, with TPM you may get more work done or a more personalized service than you would with an OEM. You can also push back the cost of new equipment by delaying the upgrade. Although you will eventually need to upgrade, TPM can help delay it.

OEMs specialize in making equipment for companies. TPM programs focus on the needs of a company. They might be able to repair something in a way that creates little down time or offer more services for a better price. Some TPM programs, like NorthSmart, let you purchase only the services you need. You can even create a hybrid model with elements of OEM and TPM support if that’s what works best for your business.