What is one of the key benefits of sharing hardware in a network?

One of the key benefits of sharing hardware in a network is the cost savings achieved through shared resources. When multiple users or devices can access the same hardware, such as printers, servers, or storage units, organizations can significantly reduce their overall hardware expenditures. Instead of requiring each user or department to invest in their own set of equipment, shared hardware allows for a more efficient allocation of resources. This setup not only minimizes the initial capital outlay for technology but also reduces maintenance costs and the need for physical space, leading to overall savings for the organization. Sharing hardware fosters a more sustainable and economically efficient environment, enabling better utilization of existing assets.