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When a manufacturer stops supporting a product, the equipment is not suddenly useless. It still has most of its original value and it can be convenient to keep using it if it works for your company. 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.

It can be difficult to decide when to upgrade your hardware, especially if your company doesn’t have a lot of extra money. You may feel like you need new hardware right away, but that decision can be rushed and it might not be the best for your business. With TPM, you can continue to use your existing equipment while you prepare for the transition and get your finances in order. When you’re ready, you can then purchase new equipment without feeling rushed.

If you are working on repairing your own hardware, you may not have access to OEM parts. This can be a problem because the replacements you find may not be trustworthy. However, if you work with TPM, you will have access to more trusted parts that will work with your equipment. In addition, the technicians performing the repairs will be experts in this field and may be more familiar with your equipment than in-house techs.

You can save money by working with a TPM company instead of an OEM. TPM companies have cheaper prices and the same skill set. You may also get more work done or a more customized service than what you would get from an OEM. You can also push back the cost of new equipment by working with a TPM company. An upgrade will still be necessary at some point, but TPM can help delay it.

TPM programs can focus more on the needs of your company. They might be able to help you fix your equipment in a way that causes as little downtime as possible. You can also purchase only the services you need from a TPM program. If that does not fit your business, you can also create a hybrid model with elements of OEM and TPM support.