5 ways to reduce costs and mitigate risk through ITAD

Most IT leaders don't typically think of IT asset disposition (ITAD) as a way to reduce costs, but it can be a powerful tool to do just that. Going beyond security and compliance, let's take a look at five ways ITAD can help your organization manage costs.

1. Remarketing

Remarketing is the reselling of IT assets like laptops, desktops, computers, and cell phones, which allows organizations to not only recoup a portion of the original cost of the assets, but also helps offset their total cost of ownership (TCO). Remarketing can help your organization extend the useful life of their assets and further their sustainability goals, making it a win-win for both the business and the planet by diverting assets from landfills.

2. Focus on what you do best and outsource the rest

Companies have enough on their plates without having to commit internal energy and resources to ITAD. Outsourcing can help avoid costs associated with hiring and training staff, purchasing and maintaining equipment, and other overhead expenses. Focus on your business and have an experienced partner take care of your ITAD. Streamlining the disposition process can be achieved by having one consistent approach throughout different locations.

3. Fines hurt - reputational damage hurts more

A trusted vendor can help your company avoid costly fines and reputational damage by following proper ITAD best practices. They provide secure data destruction services with comprehensive reporting to demonstrate compliance with applicable laws and regulations. Additionally, they can provide guidance on data security best practices to make sure data is properly protected and managed throughout its lifecycle. Finally, they ensure all assets are disposed of in an environmentally responsible manner at the end of the IT asset lifecycle. This helps to ensure that your organization remains compliant and that your data is secure and their environmental impact is minimized.

4. What’s old is new again: repurposing computers

Just because a laptop cycles out of use doesn’t mean it should be disposed of. Instead, it can be repurposed. And sure, a computer’s hardware may need to be upgraded to support the new use, but that will extend the life of the computer, maximizing asset value and furthering your organization’s sustainability goals.

5. Open space is a better use of space

Removing unused IT devices such as laptops, desktops, printers and other electronic equipment can free up valuable office space, helping to maximize your square footage. We all have had enough of laptops and IT equipment stacked in piles, spilling over into workspaces.

When searching for a trusted ITAD provider, here are a few questions to ask:

• Does the provider have a strong reputation with many years of experience?
• Does the provider own their own fleet of trucks and processing facilities?
• Can the provider generate the highest level of cost savings through remarketing?
• Can the provider scale with your program locally, nationally, and globally?

Iron Mountain Asset Lifecycle Management provides world-class logistics with a secure data sanitization platform and an auditable chain of custody for each serialized IT asset. Our fleet of 3,500 purpose-built trucks and processing facilities located around the world offer peace of mind and support corporate sustainability goals, while also helping to lower your organization’s TCO through remarketing.

Think your organization could use Secure ITAD services to reduce your TCO? Learn more at the link below.