Asset Recovery, or IT Asset Disposition (ITAD) is not the most glamorous aspect of a data center. Getting the shiny, brand new technology in your data center is definitely far more exciting to many.
However, proper IT Asset Management provides your IT department an opportunity to generate revenue from equipment that you don’t even use anymore. Furthermore, ITAD is a key aspect of protecting your organization from potential lawsuits.
Bet you didn’t think that unused array collecting dust posed that much of a threat (and opportunity!) for your IT department, did you?
So, why should you care about Asset Recovery?
1) Make Money!
Who doesn’t like a little extra cash in their pocket? Well, this money may not go directly into your pocket, but with IT budgets increasing by an average of $2,000 in 2016, every place you can make or save money should be given a closer look.
The important thing is to make sure you find an Asset Recovery provider with the industry knowledge and skillset to ensure that you will get the most return on your equipment. Don’t forget that timing is important too.
Make sure that the organization you choose for your IT asset management is able to return pricing for your equipment quickly. The truth is that what is valuable today, may not have as much value for you tomorrow – so don’t waste time!
2) Get More Value From Your Assets Than Just Money
Have you ever considered something other than selling your aftermarket or surplus IT equipment? What if you were able to trade in that equipment and use that trade-in value towards upgrades for your remaining equipment?
Let’s say you have an EMC CLARiiON system that you’re looking to sell. The disk drives within that system may prove to be a valuable sell for your company. Now, let’s say you have an EMC VNX5300 in your data center for which you’d like to get additional shelves or drives. If your IT asset management provider does trade-ins, you can get upgrades for your VNX5300 system from the same place that you’re selling the drives!
This makes it easier for you to get the best overall value for your equipment – both the new upgrades and the equipment you’re selling. Trade-ins are definitely a great way to increase the value for your IT assets in a way that isn’t just adding money back into the budget.
3) The Risk of NOT Caring About ITAD
There’s always a way to get money for your aftermarket IT hardware, however, you must make sure that you weigh all the associated risks of choosing the right provider. No matter the age of your equipment, the security of the data on that equipment is important.
You don’t want to risk that any of that data will be compromised by not following the necessary steps to overwrite the data or destroy the device. Make sure that the ITAD provider you choose follows the compliance guidelines necessary for your organization, whether it is HIPAA, PCI, or something else.
Choose a data sanitization provider that can certify the erasure of the data that meets the standards of a DOD5520.22M or NIST 800-88 data wipe. Failing to do so puts your organization’s data (and reputation) at unnecessary risk.
As the World’s #1 Reseller of Certified Pre-Owned Storage Hardware & Support, Reliant Technology offers a comprehensive Trade-In & Buyback Program designed to give you the best pricing for your surplus or used data center hardware without sacrificing the protection of your company’s data.