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Even if a manufacturer stops supporting a product, it doesn’t mean the product becomes useless. In fact, the product may still have a lot of its original value. If the product works for your company and it is convenient to keep using it, you can stretch your initial investment by using TPM. This will help keep the product working longer without any glaring issues or problems with its place in your company’s infrastructure.

You may be wondering if you should upgrade your hardware soon. You may not have a lot of extra money to spend, and you don’t want to feel rushed into a decision. You can use TPM to help you continue using your current hardware while you prepare for the transition and get your finances in order. When you’re ready, you can upgrade without having to worry about rushing into anything.

If you are fixing your own hardware, you may not have access to the same parts that the manufacturer uses. This can be a problem because the replacements may not work as well or may not be as reliable. TPM is a better option because you will have access to trusted parts and the technicians who work on your equipment will be experts in their field.

You can save money on post-EoL OEM services by working with a TPM company. They offer similar skill sets for much lower prices. Plus, the scope of work with TPM may be more comprehensive than what your OEM offers. You can also push back the cost of new equipment by working with a TPM company. While an upgrade will still be necessary at some point, TPM can help delay it.

OEMs specialize in making equipment, while TPM programs focus on the needs of a company. TPM programs might be able to do a repair in a way that creates less down time for your company or offer more services that can save you money. Some TPM options, like NorthSmart, let you purchase only the services you need. You can also create a hybrid model with parts of OEM and TPM support if that’s what works best for your business.