When you purchase any piece of technology or equipment for your business, there will always be an “end of life” moment. This is the time when it slows down, doesn’t perform as well, and presents issues and frustrations to your business.
Waiting till the time when the technology is no longer useful to the business causes issues and doesn’t allow for the planning and replacement of the technology.
IT Lifecycle Management refers to the stages from purchasing to disposing of that technology, whether its software, hardware, or infrastructure. It allows for planning, examining your business needs, your budget, and when you need it by.
What Is IT Lifecycle Management?
IT Lifecycle Management is broken down into four stages.
- Procurement – which includes finance, evaluating equipment options, purchasing, receiving and contract management.
- Deployment – which includes scheduling, testing, set up and inventory management.
- Management – which includes monitoring, compliance, maintenance, backup, and financial management.
- De-commissioning – which includes sanitisation, asset removal and disposal/lease management returns.
What Technology Should Your IT Lifecycle Management Plan Cover?
Your plan should include PCs, laptops, other mobile devices, servers, operating systems, software, and applications. If you don’t currently have a plan, look at your technology, when they were purchased and their life expectancy. This will give you a starting point so you can plan around that end date, your business needs and examine replacement options.
The benefits of an IT Lifecycle Management Plan include:
Dangers Of Not Having A Plan
When an asset isn’t performing at its best, it can cause a considerable number of issues including:
The thought of replacing a piece of aging technology can be daunting, especially if the cost is high. However, cost shouldn’t be what holds you back from upgrading your technology, the consequences are far worse including unexpected downtime, decrease in productivity and security breaches affecting your business and your reputation.
If you’ve been looking to improve your IT Lifecycle Management with a team of experts, then contact Linktech Australia today.