Mobile assets dominate the business world as the most commonly used form of electronics. According to statistics, the number of mobile devices operating worldwide stood at almost 15 billion in 2021, and is expected to reach 18.22 billion by 2025. Turnaround rates for new devices have reached an all-time high, and keeping up with changing technology can be stressful as new models are released annually. Many devices are upgraded before reaching the end of their useful life cycle, resulting in hundreds of thousands of wasted devices due to premature disposition. IT asset disposition covers more than just disposing of old IT equipment. ITAD providers also offer mobile asset management services that maximize the value of retired mobile IT assets like phones, laptops, tablets, monitors, printers, and more. Partnering with an ITAD provider offers a chance to responsibly and dispose of retired IT assets and support the circular economy through reuse.
Repair & Refurbishment for Device Reuse
Updating IT assets is critical in ensuring equipment continues to function properly, but devices are often retired when they are still in working condition. This leads to a large quantity of mobile assets being wasted and most likely discarded in storage closets. Having an ITAD partner provides a sustainable disposition method but also mobile asset management services. ITAD providers offer a range of services that focus on value maximization, mobile asset management, and disposition services.
Repairing used IT assets helps prepare them for remarketing. Remarketing used devices helps create sales channels for those hoping to find alternatives to new devices, reduces the demand for new devices, and minimizes the resources required to mine new metals for new devices. Having a disposition plan in place also means increasing asset value by having a repair team and a remarketing strategy.
ESG Goals with Donation Programs
Many retired IT assets are still in working order upon retirement, and many people still do not have access to mobile devices, but partnering with an ITAD provider who offers donation programs helps bridge the digital divide. Donation programs are a value-added ITAD service that helps provide electronics to those without access. Many companies now seek out electronics donation programs to maximize the value of their retired hardware and give old IT assets a second lifecycle. Helping bridge the gap between those with access to technology and those without is an excellent way for enterprises to accomplish ESG social criteria by helping their community. Mobile asset management can also help an organization achieve environmental goals.
HOBI International, Inc. is an R2v3, RIOS, WBE, and ISO 14001 certified IT asset management and disposition enterprise with more than 30 years of experience in the industry. HOBI focuses on maximizing economic return and offers mobile asset management services, including data erasure, repair and refurbishment, remarketing, and donation programs to help clients achieve ESG goals while supporting the circular economy.
For more information about our ITAD services, call 817-814-2620 or contact HOBI at sales@hobi.com.