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Building IT Asset-Value Recovery

Recycling IT assets is simply a cost of doing business and many organizations pay to sanitize and dispose of IT assets that are no longer in use. However, keep in mind, there is a huge global resale market for used data center equipment. If you’re still selling equipment through an original equipment manufacturer (OEM), you’re not tapping into the global market.  By taking advantage of the global market, your organization can recover significant value from end-of-life IT equipment and reinvest those funds into upgrading your IT infrastructure.

Most OEM’s aren’t equipped to utilize the global market on behalf of their clients. They rely on their IT Asset Disposition (ITAD) partner to manage that process, and so should you. Look for the following three things when setting up your ITAD partnership.

Your company will be better served by building asset-value recovery into your overall IT life-cycle management systems and processes.  According to Gartner, ITAD providers return an average of 60 to 70 percent of revenues from sales of used data center equipment on the global market to the company disposing of such assets. Money recovered from those assets can then be used to upgrade your organization’s IT infrastructure, etc.

Look for a top ITAD service provider that handles all phases of the ITAD process.  A good partner understands your goals and objectives and is willing to serve as a resource.  They can closely track inventory and provide effective refurbishment and resale, all while helping you build asset-value recovery into your IT life-cycle management systems.

It’s also important to find an ITAD partner with well-established connections to the global market and the capacity to get large batches of price-sensitive components onto the global secondary market quickly. This not only lowers your storage costs, but it diminishes depreciation and helps secure the highest possible return.

Choose the right ITAD partner and your organization will quickly realize that smart IT asset distribution focusing on value recovery is a significant improvement over traditional OEM trade-in deals. It is possible to reach your data security, social responsibility, and asset recovery goals while creating a more sustainable data center.

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What to look for when deciding on an ITAD vendor.

You can find a long list of IT Asset Disposition (ITAD) recyclers in one internet search, but which of them is best?  It is important to find a company tailored to your organization vs. choosing a company just because it’s the largest? “You don’t always need a MACK Truck to take your groceries home.”

When deciding on an ITAD vendor, think of it as an interview.  It is best to ask different ITAD companies the right questions. By asking the right questions, you will be left with a long-term partner who understands your enterprise’s needs, provides environmentally friendly, liability-free electronic recycling and asset management services.

Suppose you’re interviewing a potential ITAD vendor who promises to do things more easily, quickly or at a better price point because they’re not certified (and therefore aren’t obligated to follow certain protocols). That’s a huge Red Flag.  Similarly, a vendor who says they follow the same standards as a certified company isn’t enough, either. The only way to follow the standard is to become certified.

OceanTech is a nationwide, R2 certified company that provides full-service IT Asset Disposition and Risk Mitigation services specializing in IT value recovery, certified data destruction, regulatory/industry compliance, data center decommissioning and environmentally responsible electronics recycling with a focus on re-use throughout North America.

Give us a call today to find out how we can meet all of your ITAD needs.

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Decommissioning of Data Center Equipment

OceanTech is one of the nation’s leading providers for the decommissioning of data center equipment that has outlasted its life cycle. Our environmentally-friendly services are supported with a full chain of custody from the moment we take control of your equipment through the transportation back to our facility. Each piece of equipment removed by OceanTech is logged with its corresponding make, model and serial number during dismantling. Each company/client receives detailed records of all equipment removed. 

It is vital to OceanTech that we meet or exceed all industry standards and data destruction regulations prior to the disposal or re-purposing of your equipment. We do this my maintaining R2:2013 Responsible Recycling, ISO 14001:2015 Environmental Management System and IS 45001:2018 Occupation Health & Safety Management System Certificates.