EOL IT Services has now merged with tier1 Asset Management Ltd

How to Maximise Value in Your Redundant IT Assets.

by | May 21, 2019 | IT Security, News

It’s only natural that your business’ IT needs will change as your business develops and grows. Adapting to these needs can be costly, so it’s important that you get as much out of your equipment as possible. This doesn’t mean making do with outdated technology, instead it means being smart with your redundant assets. Understanding how to maximise value from your redundant IT assets isn’t straightforward, choosing a trustworthy ITAD provider is a sure way to help.

Benefits of Partnering with an ITAD Supplier

Rules, regulations and best practices are always changing – whether that is in terms of data protection or business management – and it’s important that you’re compliant with these guidelines at all times. There’s no denying the importance of understanding, and staying up to date with all of these guidelines yourself, but enlisting the help of an ITAD partner means that you’ll always act accordingly.  However, acting in line with industry regulation is the very least you should expect from your ITAD supplier.

The best ITAD partners will also be looking at how you can maximise the value of your IT assets, even at their end of life. They’ll do this is a couple of different ways:

Track Global Supply and Demand for IT Equipment

You’ll need a comprehensive understanding of the global supply and demand for second-hand IT assets to maximise the value in your own assets. The market for second-hand IT equipment is fast-growing, but it changes on a daily basis so it can be easy to miss the optimum time to sell. A good ITAD partner will track this for you, using market reports, as well as years of experience in the industry, to advise you when is the best time to sell. However, it’s not just when to sell that’s important – which assets you sell and which markets you sell to is also crucial when it comes to maximising the value from your assets. Taking factors such as currency exchange rates and previous trends, your ITAD partner will use their deep understanding to help you make the smartest moves.

Maintain Relationships with Buyers

It’s all well and good to know when and where to sell your redundant IT assets, but you’ll need a buyer. Relationships are important in all aspects of business and the best deals are always made with a good relationship at their core. Your ITAD provider will have global partners that trust them to provide only the best quality second-hand IT assets, making the resale process a whole lot smoother. In addition to this, your ITAD partner will understand the needs of potential buyers as a result of the long-term relationships they’ve forged. This means they’ll be able to match needs for equipment with the redundant assets you have, making sure that your assets go to those who need them most – happy customers all round.

It goes without saying that you shouldn’t partner with just any ITAD supplier. You’ll need to ask a few questions to make sure you’ve chosen the right one for you. Of course, accreditations are a vital factor – you should never use a supplier that isn’t qualified for the job. However, you should also consider their specific services – which data erasure tools and software do they use – as well as the sectors they work in and whether they have experience in your specific sector, whatever that might be.

With over 25 years industry experience, tier1 are proud to be the UK’s most accredited ITAD provider. We possess the skills, accreditations and experience to handle our clients’ data with the care they deserve, and to dispose of it responsibility and legally.

Contact us today on 0161 777 1000 or visit https://www.tier1.com to find out how we can help you dispose of your data safely and reliably as part of your reverse supply chain.


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