Why IT Asset Disposition is Essential For YOUR Organization
The aim of IT Asset management is to get value from assets. With technology life span becoming growingly shorter, companies are increasingly looking to recover optimal returns from their IT waste through a variety of streams; disposal, obsolescence, take back programs, quality control and manufacturing rejects etc.
IT asset disposition (ITAD) as opposed to disposal is completely in line with the Circular Economy thinking of repair and reuse. Therefore, disposing of your company’s obsolete technology in a compliant way is not only the right thing to do but also, a cost saving measure and as a risk management strategy.
Let’s take computers and smartphones for example, these and other IT equipment may now be ready for retirement but their memory never fades. Even printers, hard drives and data tapes that are not properly wiped or destroyed can give up sensitive data such as addresses, financial account numbers and confidential business information. This opens up real risk, not just to your business but also to your customers, employees, shareholders and to your reputation.