Environmental awareness is spreading, and many enterprises strive to be more environmentally conscious. As a value-added ITAD service, ESG reporting enables companies to set environmental goals, and partnering with an IT asset disposition provider will help achieve these goals.Â
IT asset disposition is among the few things many might believe would never change, but as the world changes, so does the ITAD industry. Doing business in a digital era has significantly increased the use of technology over the past decade, making IT asset disposition a crucial industry to protect the environment. As technology has evolved, so has ITAD, which now includes several new facets of the industry and its core service offerings.Â
many businesses are now choosing to lease IT equipment rather than purchase it, and partnering with an ITAD provider can help maximize device value with off-lease device processing.Â
Value-added IT asset disposition services augment traditional core ITAD service offerings and include additional services such as remote management, ESG reporting, ERP integration, re-imaging and redeployment, and diversity. Diversity falls under the ESG umbrella as part of an enterprise’s social initiatives, and one way to achieve diversity is by partnering with a WBE-certified vITAD provider.Â
Electronics recycling enables users to dispose of unwanted or retired IT assets without harming the environment and potentially increase asset value through device reuse with repair and refurbishment services.Â
Reverse logistics is a crucial step to asset recovery in ITAD, but several obstacles in the industry affect the economy and the global logistics supply chain as well. Device reuse and asset redeployment are key factors in logistics operations, and recent shifts in the industry, such as Basel Convention changes, will significantly impact asset recovery and e-scrap shipments when the changes go into effect in 2025.Â
A cornerstone of a successful business is the ability to acquire and maintain enterprise, employee, and client data; data loss can significantly impact business growth and performance. One of the leading causes of data loss is a power outage or a power surge, and 94 percent of companies that experience severe data loss never recover. This month is Electrical Safety Month, and HOBI has gathered some tips for protecting important data with proper IT asset management.Â
The problem is that with the growth of technology comes the growth of technological equipment and an increased risk of data breaches. The key to data security starts with responsible IT asset management.Â
Clients’ needs have evolved, and these new facets help traditional ITAD vendors adapt to a more sophisticated industry landscape. As an augmentation of core ITAD service offerings, these value-added IT asset disposition services mark a significant change in industry standards, in a term HOBI pioneered as vITAD.Â
Proper IT asset disposition is a necessity today, and ITAD providers like HOBI offer mobile asset management services such as repair and refurbishment, remarketing opportunities, and donations programs that maximize device value and can help enterprises achieve social ESG goals.Â