The recession has meant that we’re all putting off some of the purchases we would have liked to have made over the past couple of years. In our home lives, that’s likely to be cars and TVs and, in the office, it’s likely to be new technology.
After all, as everybody’s grandmother says (unless you’re Prince William, I can’t imagine the Queen saying it): “If it aint broke, don’t fix it!” But those same lips (in between sucking Werthers and knocking back enough tea to float a battleship) probably also said: “a stitch in time saving nine,” – a lesson that many businesses are learning in 2011.
Three years after the recession hit, we should all typically have been through a workplace technology refresh – but according to our new research, just 40 per cent of companies in Europe, and 30 per cent of companies in the UK, have actually completed one. Unsurprisingly, the poor economic climate was the most frequently cited reason for plans falling by the wayside.
But what’s the result? 40 per cent of employees told us that their computers were prone to crashes and data loss, which had a negative impact on their productivity. With analysts putting the cost of a lost record at $214 – scrimping can be a false economy that ultimately costs many, many times the price a few new PCs.
Plus, if your upgrade policy is ‘wait until your computer breaks completely’ it’s not just one or two documents you stand to lose, it’s all of them. And, if you lose your data, you’re likely to lose your business too – 60 per cent of businesses go under if they lose their data for more than 48 hours.
Of course, there’s always a third way! If you can’t afford to shell out for new computers, you can protect the old ones with online data backup.
And, don’t forget, if you’re using a service like Mozy, the act of transferring your data to a new computer in the event that it gives up the ghost – or because you’re one of the 40 per cent of European companies that actually follows a refresh cycle properly – becomes simplicity itself.
So, to put it bluntly, if you can’t afford a new car, make sure you’re up to date with your payments for road-side assistance and, if you can’t afford a new computer, make sure you’ve got Mozy.