Do you know how much capital – financial and environmental – you could release from your end-of-use technology?
Remaining competitive means staying on top of technology, whether hard- or software, and businesses can rapidly accumulate quantities of end-of-use IT assets. While these devices may not have a use within your organisation, there’s plenty of mileage left in each item in terms of value that, with the right strategy, can be identified and help to ensure you extract the maximum return on investment.
The four avenues that create value…
Instead of simply disposing of your no-longer-needed IT, the strategic route is to truly manage those assets, through IT asset value recovery. That way, by using a professional IT asset management business like Restore Technology, you can take different routes to create diverse types of value for your company.
Avenue 1: refurbishing/upgrading for re-use within your organisation.
Valuable because… you are meeting colleagues’ needs without further hardware investment.
Avenue 2: leveraging re-marketing channels to sell used equipment.
Valuable because… not only are you giving assets the potential of a second life, but for sought-after brands and models of equipment you can reap significant rebates for your own bottom line.
Avenue 3: donating obsolete hard- and software for community group and charity use.
Valuable because… your old hardware offers new hope to organisations helping young people, the long-term unemployed, and so on. It is also of value to your ESG commitments and great to share with your stakeholders.
Avenue 4: recycling for material recovery.
Valuable because… by using secure IT asset disposition services to break down devices to recover and recycle materials such as plastics, glass and precious metals, not only are you meeting environmental goals, but you are also, by using a professional business, ensuring you meet your compliance obligations to data protection.
Sustainable and cost-effective
We offer the best possible return on every single asset we handle thanks to our scale, capability and experience. We achieve this with our in-house four-stage assessment process, like this.
Stage 1: assessment
Our trained technicians take a good look at the functionality, cosmetic condition and tech spec of each device to grade it to industry benchmark standards. You can trust our assessments to be meticulous and fair.
Benefit: you can be confident you’ll get the best result for your asset, no matter which route it follows.
Stage 2: establishing market value
Our marketing channel and e-commerce specialists analyse real-time data and historical trends to reveal the most profitable path for each piece of equipment.
Benefit: you get the highest possible return.
Stage 3: augmentation
Strategic upgrades and additions to devices, such as boosted RAM or new graphics cards, can sometimes mean they enjoy a second life at your organisation or makes them a more desirable asset in the re-sale market.
Benefit: clear cost-benefit analysis informs your decision, and ensures you keep control over the whole process.
Stage 4: being in the right place, at the right time
Our re-marketing specialist team knows which route to send each of your assets down from hands-on experience. High volume, lower grade items will go through channels outside Europe, while low volume, higher grade devices will find outlets within Europe. For those pieces that attract premium prices, we will market through our own e-commerce platforms.
Benefit: the best return, including rebates that can occasionally amount to covering all ITAD costs, and some.
And there’s more
Here at Restore Technology we process over 1.5 million IT assets every year and we send 500,000 of those to be re-sold. The other million or so devices we break down into components and constituent parts for re-use and recycling. We are committed to upholding our company promise that we send nothing to landfill, and we regard nothing as waste. Each year, we send many tonnes of plastics, glass, steel, gold and other precious metals – clearly valuable resources – to specialist recyclers to be re-used and re-purposed. It’s our job to extract the maximum value from each of your assets, whether that’s financial or environmental value.
Find out more about our IT asset value recovery services here.Other news
