Stretch Your Bank’s IT Budget
- Alucid Team
- May 28
- 1 min read

In the fast-paced world of finance, banks are under constant pressure to upgrade technology. But replacing servers, storage, and networking gear every few years drains capital that could be better invested in customer experience or cybersecurity.
That’s where third-party maintenance (TPM) steps in.
Instead of following the OEM’s upgrade cycle, banks can use TPM providers to support hardware well beyond its "end-of-life" date. This approach extends the usable life of your IT assets by 3–5 years, slashing CapEx and reducing waste.
Here’s how Third-Party Maintenance helps your bank:
Cost Control: TPM can reduce maintenance costs by up to 70% compared to OEM contracts.
Flexibility: Choose the level of support that fits your needs—not the one-size-fits-all model OEMs push.
Uptime, Guaranteed: TPM providers offer SLAs that often match or exceed those of OEMs.
In a highly regulated and security-sensitive environment, every dollar saved without compromising reliability matters. Extending your IT equipment’s life with third-party maintenance gives you more budget freedom—without risking performance.
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