Canadian SMBs incur a potential productivity loss of $2 billion using older technology

Canadian SMBs incur a potential productivity loss of $2 billion using older technology

A recent study commissioned by Microsoft and Intel reported that the cost of using a PC older than four years is more than buying a new one. 


As per Stats Canada, the country is home to around 1.2 million small and medium businesses. These businesses comprise 98.8 per cent of the total employee businesses in the country, contributing over 50 per cent of the total GDP of Canada. Such a large scale means the combined cost of these business organizations having just one more than four years old PC each, as the findings of the study indicate, equates to a loss of around CA$2 billion in terms of annual productivity.


“The average cost of keeping a PC more than four years old is CA$1,710 per device per year – enough to replace the aging hardware with at least one new device. PCs older than four years are also 4.6 times more likely to undergo repairs, resulting in an average 196 hours of lost productivity per device,” the study found. 


Carried out by Techaisle, a leading global SMB IT market research and analyst organization, the study included in-depth interviews as well as analysis among 175 IT and business decision makers from small and medium IT businesses in Canada. 


The study also indicated the overall impact is notably higher as a large number of businesses still have older devices. All the organizations included in the study were found to have PCs older than four years old. Overall, 46 per cent of the total PCs owned by these SMBs were found to be four or m ..

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