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When a manufacturer stops providing support for a product, it doesn’t mean the product is useless. It still has a lot of its original value. If the product works for your company, you can keep using it by using TPM. This will help you stretch your initial investment and keep the product working longer.

If your hardware is about to reach its end-of-service life, but you don’t have the money to upgrade right now, you can use TPM to help you. You can continue using your existing equipment and upgrade when you’re ready. You can plan for the transition and make sure you have the money saved up before purchasing new hardware.

If you are working on the hardware yourself, you may not have access to the same parts that the manufacturer uses. This can be a problem because these parts may not be as reliable. However, if you work with TPM, you will have access to trusted parts that are compatible with your equipment. Plus, the technicians who perform the repairs will be experts in this field and may be more familiar with your equipment than in-house techs.

Save money on post-EoL OEM services by working with a TPM company. They offer lower prices and the same skill set as OEMs, but without charging a premium. In addition, the scope of work with TPM may be more expansive or personalized than what is offered by your OEM. You also get to push back the cost of new equipment. While an upgrade will still be necessary at some point, TPM can help keep it at bay.

TPM programs focus on the needs of a company. They might be able to do a repair that causes little downtime or offer more services for a better price. Some TPM options, like NorthSmart, let you buy only the services you need. You can also create a hybrid model with parts of OEM and TPM support if it fits your business.