Tech Refresh Infographic

May 13 - 2022

Tech Refresh Infographic

As technology rapidly evolves, organizations have long relied on a five-year technology refresh cycle to keep their systems up to date. This approach has been successful in the past, with the "if it ain't broke" philosophy prevailing. However, with the emergence of hybrid work models and the need for greater flexibility, companies are starting to realize that sticking to this traditional cycle may have its drawbacks.

While the financial implications of a technology refresh are certainly a consideration, there are other factors at play. The ever-changing landscape of business demands that organizations adapt quickly to stay competitive. The reliance on outdated technology can hinder productivity, collaboration, and innovation. It can also lead to a disconnect between remote and in-office employees, affecting the overall efficiency of the workforce.

Moreover, the recent shift towards hybrid work offerings has highlighted the importance of having a technology infrastructure that supports seamless remote collaboration. With employees working from different locations, it is crucial to have reliable and up-to-date systems that facilitate communication, file sharing, and project management. A delayed technology refresh can impede these processes, resulting in missed opportunities and decreased efficiency.

Recognizing these challenges, organizations are now reevaluating their technology refresh cycles. They are realizing that the time for change has come, not just to save money and stay current, but also to foster a more agile and adaptable work environment. By investing in regular technology updates, companies can ensure that their employees have the tools they need to succeed in this evolving landscape.

While the five-year technology refresh cycle has served organizations well in the past, it is no longer sufficient in today's fast-paced business world. As companies embrace hybrid work models and strive for increased efficiency and collaboration, the need for more frequent technology updates becomes apparent. By embracing change and adapting to new technological advancements, organizations can position themselves for success in the digital age.

 

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