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Even if a manufacturer stops supporting a product, it doesn’t mean the product is suddenly useless. Most of the original value still exists, and if the product still works for your company, it can be convenient to keep using it. As long as there aren’t any glaring issues with the hardware and it still fits into your company’s infrastructure, you can stretch your initial investment by using TPM.

If your hardware is getting close to its End-of-Service Life and your company doesn’t have a lot of extra money to spend on upgrades, you don’t need to worry. TPM can help you continue using your existing equipment until you’re ready to upgrade. You can plan for the transition and make sure you have the finances in order before purchasing new equipment.

If you are working on the hardware yourself, you may not have access to the same parts that the manufacturer used. In this case, you might need to find less-than-trustworthy manufacturers to get the parts you need. However, if you work with TPM, you will have access to trusted parts that will work with your equipment. Plus, the technicians who will be 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 have lower prices and the same skill set as OEMs. In addition, the work that TPM companies do may be more extensive or tailored to your needs than what your OEM offers. You can also push back the cost of new equipment by working with a TPM company. Although you will eventually need to upgrade, using a TPM company can help delay that cost.

OEMs specialize in equipment, while TPM programs can focus on the needs of your company. A good TPM program might be able to do repairs in a way that creates as little downtime as possible for you. They might also offer more encompassing services that can provide a better deal for you. Some TPM options, like NorthSmart, let you purchase only the services you need from them. You can even create a hybrid model with elements of OEM and TPM support if that’s what fits your business.