Essential IT Asset Disposition Checklist: Creating a Secure Process

Posted by The Team at CXtec on Aug 3, 2022 7:27:00 AM

Want to derive the most value from your Retired IT assets? IT asset recovery is the solution. It means extracting the best...

Want to derive the most value from your Retired IT assets? IT asset recovery is the solution. It means extracting the best possible value from your obsolete technology equipment. But how? Through techniques like asset refurbishment and remarketing.

What is IT Asset Disposition?

57.4 Mt (Million Metric Tonnes) of e-waste was generated in 2021. The total is growing by an average of 2 Mt a year. There will be over 347 Mt of unrecycled e-waste on earth in 2022. To combat this problem, ITAD comes into the picture. IT asset disposition plays an enormous role in bringing environmental sustainability. ITAD addresses the recovery and recycling of an enterprise’s IT asset near or at the end of its lifecycle. This includes refurbishment, reuse, and resale of IT equipment.

The Importance of a Secure ITAD Process

If you own a business, your calendar is full of responsibilities. But, you cannot neglect this process. Otherwise, you would pay through the nose.

ITAD is a critical component of any corporate strategy. This process can protect your company from GDPR violations if you go by the book.

Compliance with legislation contributes to the trustworthiness of your company. So, if you're in the driver's seat, never take ITAD for granted. It has the potential to save both money and reputation.

Maximize the value of IT hardware in every phase of the asset management lifecycle and proven industry experts

Collaborating with a local ITAD vendor might secure your company from data breaches. It allows the disposal process in various ways. You can rest assured that your company's data is secure and protected.

IT Asset Disposition is Hardware End-of-Life Management

Defining the crucial step of decommissioning your used IT technology solely about "disposing of" is short-sighted. If we look at the bigger picture, this step in the technology life cycle has a significant role to play. It has rich potential to do when you're ready to move to new technology.

What if this step is a strategic opportunity to maximize ROI? You can build a repeatable, executable strategy. This is to handle all your IT assets once the decommissioning strategy is in place.

At CXtec, we would define hardware end-of-life management as “a set of high-end, sophisticated services for enterprises seeking to decommission their retired IT assets and maximize their ROI on them.

This is an important distinction to note. Hardware End-of-Life Management handles the overall part once your IT hardware has reached the end of its useful life.

But doesn’t most IT technology have much more potential than just that? Yes, it can be refurbished and be helpful to someone else.

Four Stages of IT Asset Management

Follow these steps to ensure the correct handling of IT assets before they enter disposal programs:

1. Determine which assets have reached the end of their useful life and label them for disposal

You must assess your existing assets and their ability to meet your service delivery requirements. You must also identify management techniques and check the need for an asset. It is critical to ensure that continual development brings value to the company.

2. Sort equipment into data-bearing and non-data-bearing categories

It would be beneficial if you clarified what data-bearing equipment meant for your company. It means some devices are data sensitive. Examples include servers, mobile devices, video and graphics cards, and removable thumb drives. The manager must categorize between data-sensitive and non-data-sensitive equipment beforehand.

3. Estimate valuation

Want to get the best bang for your buck? You know that obsolete data center equipment may do more than collect dust. Use our valuation services to check the value of your retired IT hardware. Atlantix Global will provide a detailed inventory analysis based on real-time market data. This will help you maximize the return on your equipment. As a result, our evaluations are transparent. Fair market values (FMV) give you enough information to make an informed decision.

4. Keep up-to-date documentation for tracking and auditing

We recognize that your business cannot afford to pause. For smooth sailing, you can trust our professionals for de-installation, relocation, and decommissioning. In fact, we can deliver your equipment from anywhere worldwide. We have created a one-of-a-kind approach for erasing sensitive data. We can handle all the logistics for you, making the process straightforward and painless. Keep the documentation on hand.

Choose CXtec As Your Preferred IT Hardware Decommissioning Partner

Looking for data center decommissioning services that are secure, cost-effective, and dependable? Atlantix Global by CXtec may be the ideal business partner for you. Atlantix Global provides customized and scalable solutions with the following advantages:

- Get the highest value

You will get the most comprehensive and accurate asset valuation of your IT assets. This is to give you the optimal total cost of ownership analytics.

- Third-Party simplify decommission logistics

Full technical de-installation, packing/crating services, and transportation to make the process simple and efficient.

- Improve your R.O.I

Our global customer network gives you the best potential for the most return on obsolete equipment.

To learn more about Atlantix Global services, connect with our experts today.

Understand the lifecycle and best practices of hardware asset management