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Even if a manufacturer stops supporting a product, that product still has value. You can keep using it if it works for your company and you don’t have any problems with it. You can also keep the product working longer by using TPM.

If your hardware is about to reach its end of service life and your company doesn’t have much extra money to spend on upgrades, you don’t need to worry. You can continue using your existing equipment with the help of TPM. This will allow you to upgrade at your own pace, when you’re ready. You can prepare for the transition and have your finances in order before purchasing new equipment.

If you are repairing the hardware yourself, you may not have access to OEM parts. This can be a problem because the quality of the part may not be as good. However, if you work with TPM, you will 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 your equipment than in-house techs.

You can save money on post-EoL OEM services by working with a TPM company. TPM companies offer similar services but at a much lower price. In addition, the scope of work offered by TPM companies 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.

While an OEM specializes in their equipment, a TPM program can focus more on the needs of your company. A TPM might be able to do a repair in a way that creates as little downtime as possible or offer more encompassing services that can provide a better deal. Some TPM options, 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 fits your business.