Discovering YOU Magazine December 2019 Issue | Page 28

BUSINESS CENTS

Reality: Long before a PC fails, its performance may suffer, costing your business time and money. Waiting for an older PC to start up every day can waste up to 11 hours a year.[2] Crashing, freezing or slow computers can keep your employees from working efficiently, and may appear unprofessional to customers or clients. Sluggish, malfunctioning PCs can reduce employee satisfaction, as workers become frustrated with outdated technology.

Don't wait until your business PCs slow to a crawl before upgrading. Be proactive. Look for hardware that exceeds your software vendor's recommended system requirements. This will help ensure your PCs can handle future software upgrades. Then set a regular schedule for upgrading your hardware.

Myth 4: You're saving money by repairing old PCs

Reality: Repairing or adding RAM to squeeze more life out of older computers may seem economical. But the cost of keeping older PCs running quickly adds up. According to Intel(R)-commissioned research from J.Gold Associates, repairing breakdowns of a five-year-old computer costs an average of $662 per year. The same research found 43% of the small businesses surveyed had PCs that were

over five years old - and malfunctioned each year.[3] At that rate, you'd soon be spending more on repairs than on a brand-new, more powerful computer.

Besides losing productivity during breakdowns and repairs, older computers are also slower. Using five-year-old PCs can make your employees up to 29% less productive,[4] potentially costing your business up to $17,000 per year, per worker.[5]

Older PCs can also put your business at risk of cyberattacks. Per the J.Gold Associates survey, small businesses estimated that 34.47% of their computers over five years old had been hacked.[6] With the average cost of a single data breach worldwide estimated at $35,745 per employee,[7] an older PC rapidly becomes an expensive liability.

In the same survey, small businesses reported that just 5.92% of their PCs newer than one year old had experienced cyberattacks.[8] Newer computers frequently offer built-in security features to reduce risk of cyberattacks. If you've updated to Windows 10, upgrading to a PC with the 8th Generation Intel(R) Core(TM) processor can help you focus on growing your business instead of worrying about cybersecurity.

Blindly accepting myths about PCs can be expensive for your small business. Upgrading to more powerful computers can optimize the performance of your business software, enhance your cybersecurity and boost employee productivity. The next time you're making decisions about computer purchases, be sure you base your actions on reality. Then choose the right PCs to make your business more competitive.

Learn more at www.intel.com.

over five years old - and malfunctioned each year.[3] At that rate, you'd soon be spending more on repairs than on a brand-new, more powerful computer.