Companies charge IT departments with finding more ways to cut costs and increase the efficiency of their department. While there are many ways to cut costs, one aspect that is frequently overlooked is IT Asset Management. And since procuring new technology is infinitely more exciting than figuring out what to do with the old ones, this potential revenue source is often a missed opportunity.
Asset recovery pumps revenue back into your IT budget and data center and allows you to have more flexibility in where to spend your IT budget, whether on new projects, upgrading your existing equipment, or simply giving your budget a bit more cushion. However, it’s paramount to have a well-managed IT asset disposition (ITAD) strategy to avoid potential risks, such as a data breach, while still reaping the benefits of more revenue. So, what do organizations need to consider to create a well-defined asset recovery plan?
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