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How much is your old tech costing your business?

- May 28, 2018 2 MIN READ

Upgrading your tech could not only increase the productivity of your small business but save you money in the long run.

Australia’s first computer boasted just a fraction of the brainpower of today’s most basic electronic organiser. It may have filled a room the size of a double garage but in 1949 this machine, which had 2000 bytes of memory and offered 2500 bytes of storage, was a supercomputer[1].

By comparison, today’s personal computers and work PCs boast gigabytes of memory and terabytes of storage. Yet there is no denying the impact this supercomputer of yesteryear had on productivity. At the time it could do 20 weeks’ worth of mathematical calculations in a single hour.

Since then, technology has developed to be a tool for increased efficiency in the workplace and beyond, and businesses across the globe are harnessing its power to boost productivity.

As the IT space continues to evolve the demands placed on our technology increases. In order to ensure your business is operating optimally, software and hardware should be kept up to date. Here’s why.

Saved time and money

Sure, right now there’s a primary focus on cloud storage, but that shouldn’t detract from the importance of keeping your in-house hardware up to date. Too often seen as a frivolous expense, continual upgrades can, in fact, save you money in the long term. Older equipment is more expensive to maintain and, when it fails, it can overload the IT department and bring productivity to a grinding halt. It’s then you’ll find yourself digging deep for expensive repair bills or additional pay for overtime.

Increased security

Last year’s global ransomware attack revealed that small businesses are among the most vulnerable to online scams and hacking. In fact, a recent report from the ACCC revealed noted losses from online scams across the country clocked up approximately $300 million[2].

In short, now’s not the time for small businesses to be complacent with their security systems – and regularly upgrading hardware and software is a big part of that. ­

Older software programs are more susceptible to both hackers and viruses because they’ve been around longer and their vulnerabilities have been exposed. In comparison, new programs are more secure thanks to the software developers and designers who work tirelessly to upgrade programs to prevent hacking. Upgrading your hardware is equally important – if it’s too old for the new software update or version, your security is still at risk.

Increased productivity

Investing in newer technology is an investment in your team – and it won’t go unnoticed. Employee productivity will be boosted thanks to faster devices and decreased load time, and morale will enjoy an uplift when your workforce sees you doing everything you can to make their jobs easier. The newer the software or hardware, the more streamlined business processes will be, ultimately increasing productivity and your bottom line.

Keen to upgrade today? A laptop or 2 in 1 with an 8th Gen Intel Core processor inside will provide the power you need to stay on top of your multitasking needs. Super-fast and responsive, they can provide up to 10 hours of battery making them ideal for the road warrior.

Are you considering upgrading your tech?  Qantas Business Rewards has joined forces with Dell to deliver points and big savings when you buy the latest 8th Generation Intel Core processor-powered laptops, desktops and 2 in 1s.  

Not a Business Rewards Member? No problem. Join for free here.

Sources

[1] http://www.abc.net.au/science/slab/csirac/

[2] http://www.abc.net.au/news/2017-05-19/cybercrime,-online-scamming-of-business-up-30pc:-accc/8537992

 

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