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If a manufacturer stops supporting a product, it doesn’t mean that the product is suddenly useless. It still has a lot of its original value. If the product works for your company, it is convenient to keep using it. As long as there aren’t any glaring 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 by using TPM.

If your hardware is about to reach its end-of-service life, but your company doesn’t have much extra money to spend on upgrades, you can still use your existing equipment with the help of TPM. This will let you upgrade when you’re ready, and you can prepare for the transition by getting your finances in order first.

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 the parts may not work with your equipment. When you work with TPM, you have access to trusted parts that will work with your equipment. Plus, the technicians who will be repairing your equipment are experts in this field and may be more familiar with it than in-house technicians.

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, TPM may include more work or be more personalized than what is offered by your OEM. You can also push back the cost of new equipment by working with a TPM company. Although an upgrade will still be necessary at some point, TPM can help delay it.

OEMs specialize in their own products, but TPM programs can focus on the needs of your company. They might be able to repair equipment in a way that causes as little downtime as possible or offer more 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.