Everything has a usable lifespan, even computers and network hardware. Let me rephrase that ... especially computers and network hardware. In terms of business technology, knowing when something no longer serves its intended purpose is akin to knowing when its life cycle has run out. In this blog, I will be covering a few important things to know about the IT life cycle.
Technology doesn't have to break or stop working to cease being useful. Yes, technological devices wear out, but what's even more likely is that technological advances quickly cause the equipment used by your company to become outdated. This puts your employees at a productivity disadvantage compared to your competition.
What is the IT Life cycle?
The IT Life Cycle begins when planning, procurement and deployment end. Once deployed, technology enters its usable stage. The length of a piece of technology's usable stage depends on a handful of variables, including the technology itself, its usage, the specific parameters of your business and the maintenance and service it receives.
Typically, a technology's life cycle can be extended through ongoing maintenance, updates and upgrades. Upon reaching the end of its most effective stage, the IT Life Cycle moves to replacement, decommission and salvage.
What I've detailed above is a simplistic view of the life cycle stages business technologies move through. Now, let's look at why these life cycles matter.
Why does the IT Life cycle Matter?
Business technologies are meant to make your life easier and provide a competitive advantage for your business. Having the right technologies in place saves time and resources for your employees—arguably the most valuable asset your organization has. When your assets reach the end of their effective usefulness, they cross the line from supporting your organization to hindering your organization. If this occurs without being noticed or addressed, the technology will continue to negatively affect your organization.
Paying attention to IT infrastructure life cycle management is the key to remaining secure and productive as an organization. It allows you to avoid security risks and shift your resources toward implementing technologies that help you grow your business.
Managing the IT Life cycle
Because of technological advances and increasingly demanding software applications, IT hardware tends to become outdated rather quickly. As a result, tracking your IT Life Cycle helps your organization stay productive. It’s important to understand the impact inadequate technology has on your business. Proper IT Life Cycle management is the key to keeping all assets updated while keeping your organization productive and secure. At its core, IT Life Cycle management is designed to make maintaining and upgrading your business technologies easier.