Five technology mistakes smart companies make

The hidden costs for outdated technology are bigger than you think. Here's how to reclaim precious time and money.

Technology cost-cutting has dropped a grenade on the bottom line at companies big and small. The typical US$1 billion enterprise wastes as much as $6 million a year on outdated printers and decrepit copiers alone.

Old gear slaps a $30,000 monthly charge on a 200-seat dial-in network that can easily be slashed by two-thirds with a simple upgrade. Even phone linesâ€"many of which go unusedâ€"can cost thousands a year just to be an eyesore on the wall.

The vogue for exploding IT budgets has gone beyond all common sense--the bill for keeping obsolete technology past its depreciation is higher than you'd ever imagine. Certainly not all upgrades pay for themselves. But here are five easy ones that will prove themselves in profits.

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