IT Asset Recovery
Whether your organization is expanding, updating systems, upgrading equipment, or retiring old infrastructure, these changes can result in asset management challenges. At a physical level, obsolete or unused IT equipment and electronics can take up valuable space in your office or data centre. And on a fiscal level, these assets will depreciate over time, reducing the return on your investments (ROI) and increasing your Total Cost of Ownership (TCO).
However, there’s a business strategy designed to help recoup such losses and improve the management of your infrastructure – IT asset recovery.
What is IT Asset Recovery?
IT asset recovery is a business model and implementation strategy that assists in the physical management of IT resources and the financial management of their valuable contribution to your enterprise.
Techniques for recovery and recycling IT assets can prolong the usable life of data centre servers, storage and networking technologies, and other equipment. IT asset value recovery can also recoup value from old equipment via the sale of retired IT assets.
Through recycling and relocating aging equipment, IT asset recycling can also help organizations reclaim floor space in offices, warehouses, and data centres.
Why IT Asset Recovery is Important
For organizations looking to consolidate their operations, relocate, adapt to changing work patterns, develop a cloud strategy or introduce a hybrid solution in the data centre, issues with change management as hardware and software become rendered obsolete can be multiplied.
To cope with these challenges, any enterprise that relies on data-driven technologies or electronic equipment must have a coherent and comprehensive strategy for managing their hardware assets throughout their lifecycle and implementing IT asset recovery to recoup value, starting with procurement and running through to decommission.
IT Asset Recovery Options
There are several IT asset recovery options for organizations looking to refurbish, decommission, wipe and destroy, or resell their IT assets. They include:
Benefits of IT Asset Recovery
One of the biggest potential benefits of IT asset recovery is its ability to convert an IT asset disposition plan from a cost centre to an income-generating strategy for the organization. A well-executed IT asset recovery program can generally create a revenue stream that offsets the costs of recycling.
While donating old IT assets to charities or non-profit organizations may seem like a zero cost-benefit exercise for your enterprise, such acts can pay dividends in terms of your brand reputation and standing in the community.
In a similar manner, a judicious use of recycling can display your organization’s commitment to Environmental Sustainability and Governance (ESG), and strengthen your organization’s stance on Corporate Social Responsibility (CSR).
IT Asset Recovery Certifications
Certified IT asset recovery companies can give your organization the assurance that the services they provide are in line with top industry standards, and in compliance with relevant legal and regulatory frameworks.
For example, an IAITAM Certified Hardware Asset Management Professional (CHAMP) will follow the complete lifecycle of IT hardware assets, and tackle the practices that best manage those assets efficiently and cost-effectively.
e-Stewards works to certify organizational electronic waste (E-waste) disposal practices around the world. An e-Stewards Certified company will have passed continuous inspections by independent auditors who report on certified members and their operational facilities to ensure compliance.
There may also be industry-specific frameworks such as the Health Insurance Portability and Accountability Act (HIPAA), for which IT asset recovery solutions must be certified as compliant.
Why Choose TechReset for your IT Asset Recovery Solution?
To ensure best practices and your organization’s compliance with all relevant rules and regulations, IT asset recovery should be entrusted to an expert who can oversee the entire process, including the systems, expertise, and infrastructure needed to make it all work.
However, not all IT asset recovery companies were created equal. You need dependable IT asset disposition services provided by a company you can trust to properly decommission and dispose of, recycle, or remarket the equipment.
Reputable IT asset recovery services should accept most servers, storage, and networking gear for retrieval. The quotation for the service should also include the value of your enterprise hardware and electronic equipment.
A leader in the IT Asset Disposition (ITAD) industry, TechReset goes beyond recycling computers. We fully repurpose units to extend the life of IT equipment beyond its first use.
Our e-waste disposal process includes secure on-site removal, guarantee reporting, repairing and repurposing of older or unwanted computer equipment.
This offers our clients ROI for their IT equipment and peace of mind knowing they helped extend the life of their equipment beyond its first use.
For final disposition, TechReset offers on-site device removal, certified audit reporting, and completely secure data eradication through gold standard data cleanse software or physical hard drive shredding.
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