What is ITAD?
You may have heard some fancy term ITAD or SITAD being thrown around the IT world as of late. What is ITAD exactly? We’ll keep simple, ITAD is an acronym for Information Technology Asset Disposition. Some also refer to it as SITAD (Secure Information Technology Asset Disposition). In a nutshell, IT Asset Disposition is the process of disposing of obsolete, retired, or unwanted equipment in an environmentally friendly and responsible manner. ITAD service partners specialize in the processes related to disposing of and remarketing IT assets. Partnering with an experienced ITAD company can also help organizations focus on alleviating expenses as well as increasing the value of their used IT assets.
How can ITAD Benefit You?
IT Asset Disposition service providers can help you get rid of your surplus IT equipment or decommission your current data storage infrastructure. Not only can they dispose of it properly, they will help you get paid for it too! Once they purchase the equipment, they use their own personal end-user network to attempt to recoup as much value from your equipment as possible. There is a still significant life left in some equipment and it could benefit a growing organization that can’t afford to procure new equipment.
How does the ITAD Market Work?
The IT asset disposition market is a secondary IT market. It’s used by ITAD companies to remarket the used and retired assets they purchase. Many ITAD companies coordinate with other different ITAD companies to sell the equipment off to the highest bidder. Some ITAD companies rely on a large open network of buyers called broker bin. Others may speak to other ITAD companies directly, although most ITAD companies sell directly to end-users.
How Do I Choose the ITAD Partner Best for Me?
With hundreds if not thousands of ITAD companies existing today, it can appear overwhelming to know which one is best for what your company requires.
Here is a list of things you may want to consider when looking for an ITAD partner:
- Does your business have large amounts of inventory and need decommissioning services? You may want to choose a partner who provides:
2. Does your business have a small amount of used inventory that you can ship yourself? You may want to consider a partner who offers:
3. Does your business have extremely sensitive data on the equipment that needs to be decommissioned? You may want to think about a partner who has:
You should always be willing to get multiple quotes and get a feel for who works best for you and your organization. No ITAD provider is the same. It is essentially a partnership, should be treated as such.
If you’re in need of ITAD services for your used IT equipment,