As part of lifecycle management, OEMs announce hardware assets as end-of-life (EOL) status between four to six years. The main reason is that as OEMs release new products, it becomes more expensive to support older assets. Instead, they begin to focus on maintenance and support for their latest hardware assets. Once hardware assets are declared to be end-of-life, support will become quite expensive if available at all. But with the assistance of a third-party maintenance (TPM) provider, assets can have extended lives and remain in perfect working condition for years after their EOL dates.
End of service life (EOSL) or end of support is when the manufacturer not only stops selling a piece of equipment, but they also no longer offer maintenance services and support. EOSL is the final phase of a piece of equipment’s lifecycle in the OEM’s book. Again, with TPM coverage, the hardware lifecycles can be significantly prolonged through a cost-effective service model.