Businesses are constantly under pressure to optimize their operations and maximize their profits. An often overlooked, but extremely valuable, strategy is the recovery of IT assets. This article explores what asset recovery is, its benefits, and how businesses can implement it to improve their bottom line.
What is IT Asset Recovery?
IT asset recovery is the process of recovering value from old, surplus, or end-of-life IT equipment. Instead of letting old IT equipment gather dust or contribute to e-waste, businesses can recover value from these items through various methods, such as resale, reuse, or recycling. This process is an essential component of effective IT asset lifecycle management, ensuring a sustainable and environmentally responsible approach to hardware disposal.
Benefits of asset recovery
Implementing an asset recovery strategy can bring numerous benefits to businesses, including:
- Maximize return on investment (ROI): Get the best return on unused or obsolete equipment through resale or recycling.
- Data Compliance and Security: Ensure that your old assets are disposed of in a regulatory compliant manner, protecting data integrity. CITG ensures that all data is securely deleted using Blancco technology before the equipment is given a second life.
- Environmental responsibility: Help reduce e-waste, conserve raw materials, and reduce energy consumption.
- Streamlined operations: Free up valuable office space and simplify inventory management.
- Cost efficiency: Reduce your total cost of ownership by avoiding storage costs and potential fines for non-compliance.
How to Use Asset Recovery for Your Business
To take full advantage of asset recovery, businesses can consider the following steps:
- Identify eligible assets: Take an inventory of all IT equipment, identifying items that are outdated, unused, or nearing the end of their life. Some examples of IT equipment from which CITG can recover value are: computers, Apple products, tablets, servers, storage, and networking equipment.
- Valuation: Request a free valuation from a company like CITG to determine the potential recovery value of identified assets, taking into account factors such as condition, age, and market demand.
- Selecting an Asset Recovery Partner: Choose a reliable and certified provider with a strong track record in IT asset management, such as CITG, who offers Asset Recovery services as part of their portfolio of solutions. Look for certifications such as ISO and WEEELABEX, which guarantee compliance with high industry standards.