The Cost of NOT Replacing Old Equipment

Session 2 | 10:35am - 11:20am | Room 8

“If it isn’t broke, don’t fix it” is a misleading expression when it comes to technology. Just because the lights are blinking, does not necessarily indicate proper performance or employee productivity.  In this session we will equip you with information from research, and studies that provide insight to the hard costs and soft costs of waiting too long to replace equipment, what is driving these factors, and the potential effects on an organization as a whole.  We will discuss the following topics:

  • Hard and Soft costs associated with equipment over time to identify the optimal time to replace
  • Technology factors that support, and are driving faster replacement cycles
  • Associated Organizational impact by providing (or not) the tools for employee productivity & engagement

Attendees of this session will receive a follow up email with links to the research referenced in the presentation.

About Nathan Austin

Nathan Austin brings 20 years of IT business management experience to his current position as VP of Business Development.  After co-founding Mytech Partners in 2000, he has focused on helping customers achieve their business goals, through proper technology alignment, planning and investment.  As the ‘sales coach’ Austin works with both the Minnesota and Colorado based teams to “Provide the best IT experience in North America” for the respective communities they serve.   Additionally, he is the author of the upcoming book: “Capitalism & Community: a partnership for a better tomorrow”   

Austin is active in both the Business and IT Communities, speaking at events locally, nationally, and internationally at industry peer groups and technology trade shows.  As part of the national IT Community, Austin has participated in the Heartland Technology Group (HTG) peer organization since 2006 and for 7 of the last 11 years facilitated one of the groups of other IT business owners. In addition, he serves on the board of a local Minneapolis non-profit called Cookie Cart where they provide life and job skills through youth employment at a North Minneapolis bakery.  Austin is recently married to his beautiful wife Shaina Austin and is enjoying learning how to be a good husband in the early years of marriage.  For balance and recreation Austin enjoys running, fishing, golfing, reading and snowboarding. 

Lyf Wildenberg, President | CEO, Mytech Partners, Inc.