10 Steps for a Successful Technology Refresh

If you want to save the most money, give your clients the most, and help your business grow the most, then you need to get the most out of your technology. What happens though if your technology is slow, outdated, and obsolete? If you’re concerned about whether your computer and mobile assets are delivering as they should or not, it’s time to plan a tech refresh.

Technology refreshes are the periodic replacement of IT assets, equipment, and infrastructure to ensure reliability, improve speed and capacity, and maximize system performance. A regular cycle of updates and overhauls can give your IT architecture, and your business, the optimization it needs.

But where did you start? A tech refresh can be a complicated process. How do you know if the changes you’re implementing will make a difference, or even justify their cost? What should your business worry about? Fortunately, there are a few battle-tested strategies that can help your tech refresh be a success.

1. Evaluate Your Current Hardware

The first step you should do is perform an audit of your current IT systems. Before you spend a dime, evaluate your hardware to determine what is still serviceable, what should be updated, and what needs a complete overhaul. 

2. Clearly Define Your Business Needs

It’s best to clarify the goals of your tech refresh early on. What are the objectives driving the upgrade? Improved reliability? Elevated efficiency? Enhanced performance and service? 

Answering these questions can help to identify which aspects of your IT infrastructure need the most attention. While sleek new office computers might seem enticing, new POS systems to increase on-the-floor sales might be what your business truly needs.

3. Understand the Costs

Oftentimes, the financial benefits of a financial refresh are in the long run, not the short term. As such, it is important to properly assess your options and budget, so that you can plan accordingly.

It is also critical to understand how to recoup maximum value from old assets. For example, eLoop creates value for their clients by offering quality, convenience, and simplicity through their premier remarketing program for an organization’s retired end-of-life electronics. Turning old hardware into cash flow is a win when planning a refresh.