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When you purchase any piece of technology, there are certain considerations that may not be immediately apparent. If you’re thinking about purchasing new hardware, software, or other IT equipment, it’s important to consider the hidden costs of ownership and maintenance–factors that can easily overshadow the initial cost of your purchase if you don’t factor them in ahead of time. In order to avoid these hidden costs, consider adding a provider of Managed IT Services California to your team today. Also, read below to find more about what are the factors of these costs:

 

Outdated Technology

Technology moves at lightning speed and if you're not careful, your business can get left in the dust. Outdated technology can cost your business in a number of ways, including:

  • Lost Productivity: If your employees are using outdated technology, they're not going to be as productive as they could be.
  • Inefficient Workflows: Outdated technology can lead to inefficient workflows and processes, which can cost your business time and money.
  • Increased Maintenance Costs: Older technology requires more maintenance, which can quickly eat into your budget.
  • Security Risks: With outdated technology comes increased security risks. Hackers are always looking for new ways to exploit vulnerabilities and older systems are more likely to have them.

 

Unreliable Backup

One of the most important but often overlooked aspects of owning and operating a business is having a reliable backup solution in place. Without a reliable backup, all it takes is one disaster to eradicate your business. And even if you have a backup, if it's not managed properly, you could still lose data. That's why managed IT services can be so helpful. They can help you avoid hidden costs by making sure your backup is always up-to-date and working properly.

 

Poor Customer Service

When you purchase a new piece of technology, you expect it to work well and meet your needs. But sometimes, things don't go as planned. If you're not happy with the product or service you receive, it can be difficult and time-consuming to get your issue resolved. That's why it's important to consider the customer service policies of any company you're doing business with. Make sure they have an excellent reputation for providing prompt, courteous service. Otherwise, you may end up spending more time and money than you expected to get the help you need.

 

Security Risks

When you make a technology purchase, you're not just buying the equipment or software. You're also taking on responsibility for keeping it secure. That means staying up-to-date on security patches and updates, which can be a full-time job‌. And if something goes wrong, you'll be liable for the damages. Managed IT Services California can help take some of that burden off your shoulders by providing ongoing support and maintenance.

 

Compliance Issues

When you manage your own technology, you need to make sure you're up-to-date on all the compliance issues that come with it. Depending on your industry, there may be a lot of compliance issues to keep track of. Managed IT services can help you keep track of these compliance issues and make sure you're always up-to-date. This can save you a lot of money in the long run, as non-compliance can lead to hefty fines.

Therefore, always follow this Ancient Greek Proverb, ‘Let each man exercise the art he knows’ and you can save a bank on the hidden costs of your IT purchases.

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