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How I Learned the Hard Way That Aging Technology Is Expensive

Harvard Business Review

Companies love to stretch out their investments in existing technology as long as possible, a policy whose faulty logic I recently rediscovered in my role as CIO. That's because, like many CIOs, I hate buying technology that loses a significant part of its value as soon as it's delivered. Then the family's CFO, my wife, who also happens to be a CPA, demanded to know their TCO. That tool can help identify strategically important technologies whose utility is fading.

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