Craig Boswell discusses vITAD (Value-Added ITAD) concept as traditional IT asset disposition model is no longer enough
The 2022 E-Scrap Conference began Monday, Sep. 19, in New Orleans, where industry leaders from all over the world come together to connect and discuss news and changes within the e-scrap industry. Among the featured speakers was HOBI co-founder and president, Craig Boswell, who participated on the State of the Sector panel that kicked off Tuesday’s sessions.
Boswell addressed a range of topics, but most important was that the role of traditional ITAD services is expanding to include a new list of criteria and expectations for ITAD providers to incorporate. Boswell defined the changing landscape as vITAD – value-added IT Asset Disposition services. The vITAD concept augments the traditional ITAD model with ERP integration, portal customization for asset tracking, asset redeployment, re-imaging, and ESG reporting. As clients become more educated on the value proposition presented by ITAD providers, clients’ needs become more sophisticated and include requirements such as legal hold monitoring and mobile asset reprovisioning.
Additional panel discussions included market conditions enabling and inhibiting revenue growth for processing companies, how regulations and policy (both domestically and across the globe) are impacting the industry, and what e-scrap and ITAD companies can expect as inflation, a tight labor market and other economic realities continue to evolve.
Joining Boswell on the panel were Walter Alcom, Vice President of Environmental Affairs and Industry Sustainability for the Consumer Technology Association and Joe Pickard, ISRI’s Chief Economist and Head of Commodities. Adam Shine, President of Sunnking, moderated the panel.