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If a manufacturer stops supporting a product, the equipment is not suddenly useless. It still has most 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 with TPM.

If you don’t want to rush into a decision about buying new hardware, you can continue to use your existing equipment with the help of TPM. This will allow you to upgrade when you’re ready and have the finances in order. You can prepare for the transition by using TPM to help you.

If you are repairing your hardware yourself, you may not have access to the same quality parts that the manufacturer provides. In this case, you may need to work with less-than-reliable manufacturers in order to get the parts you need. However, working with TPM will give you access to better quality parts that are compatible with your equipment. The technicians who perform these repairs are also 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. They usually have lower prices and the same skill set. Plus, with a TPM company, you may get more services included in the price or a more personal service than what your OEM offers. You can also push back the cost of new equipment by working with a TPM company. Although you will still need to upgrade at some point, using a TPM company can help postpone that cost.

OEMs specialize in their equipment, but TPM programs can focus on the needs of your company. They might be able to do a repair that creates little downtime or offer more services for a better price. Some TPM options, like NorthSmart, let you purchase only the services you need. You can also create a hybrid model with some of both OEM and TPM support if that’s what works for your business.