WhitepaperMarket Guide for IT Asset Disposition
IT asset disposition (ITAD) is the redeployment, refurbishment, recycling, and remarketing of company assets that are at the legacy, end-of-life (EOL), or end-of-service (EOS) phase of their lifecycle. At the end of the useful lifespan of an IT asset, it is critical to choose the right ITAD service provider. With the right provider, the organization can realize the tangible benefits inherent in these otherwise “useless” assets—in that their useful life within the organization is at an end.
The ITAD market is massive and highly competitive. It is expected to reach USD 20.09 Billion by 2022, at a compound annual growth rate (CAGR) of 9.83% during the forecast period (Research and Markets, 2016). This kind of predicted growth attracts investment which, in turn, increases competition, leading to mergers and acquisitions and industry consolidation. When infrastructure and operations (I&O) professionals also face the challenges posed by immense shifts in product types and volumes, as well as increasing compliance risks, it is essential they find the right ITAD service provider and disposition procedures.
These challenges within the ITAD market are compounded by the complexity of managing the technology lifecycle and the disposition of IT assets. Many organizations do not possess the required resources and legal expertise to retire their IT assets; thus, they need a certified, third-party service provider who has an ITAD procedure that fully meet the needs of I&O professionals for value recovery, transparency, and peace of mind. It is vital the ITAD service provider has an ITAD procedure that incorporates comprehensive data sanitization and that conducts responsible recycling in adherence to the United States Environmental Protection Agency (EPA) guidelines.