End-of-Life (EOL) versus End-of-Service-Life (EOSL) – What’s the Difference and Why Should I care?
Over the next two weeks, we will be discussing End-of-Life (EOL) and End-of-Service-Life (EOSL) to help you navigate the different scenarios and determine the best approach for your organization. When an Original Equipment Manufacturer (OEM) announces that a piece of equipment is at EOL or EOSL, it prompts a series of events that ultimately leads to the end of support from the manufacturer.
It can be tough to understand what this means for your equipment and ultimately your budget.
What is the difference between EOL and EOSL?
The Difference Between End of Life (EOL) and End-of-Service-Life (EOSL)
End of Life (EOL)
End-of-Life (EOL) is a term the OEM uses to indicate a piece of equipment has reached the end of its “useful life” and will no longer market, sell or update equipment after a specified date. This is most often due to a newer model being released by the manufacturer that replaces the older model. During the EOL phase, the manufacturer may still offer maintenance options, but at a premium price.
End-of-Service-Life(EOSL) or end of support is when the manufacturer quits selling a piece of equipment and in most cases no longer provides maintenance services or updates after a certain date. Basically, EOSL is the final phase of a piece of an equipment’s lifecycle.
Next week, in blog 2 we will wrap up the series with the critical questions you should ask and options for moving forward. Some of the options may allow you to extend the life of your eligible equipment.