5 Ways to Protect Your Technology Investment

Have you ever purchased a new piece of personal technology—a smartphone or a laptop, for example—only to find out a few days or weeks later that a new and improved version is about to drop? In the fast-paced world of personal devices, buying the latest and greatest doesn’t mean that your investment will stay that way for long. It can be frustrating to learn you spent top dollar for something that will be obsolete in a year or two. In the world of enterprise solutions, technology upgrades require huge investments and technology buyers are responsible for protecting a company’s bottom line by spending money responsibly—not to mention being accountable to a whole lot of users. The last thing you want to do is fall into the trap of spending a lot of money on a system or technology that won’t meet the organization’s needs in the long-term. You can “future-proof” your investments—and avoid unforeseen and unnecessary upgrade costs down the road—by assessing legacy systems and existing solutions, outlining strategic goals and objectives, and researching technology solutions that can meet your current and future needs.