- Earn maximum value for redundant IT equipment
- Enjoy industry-leading data security protocols
- Track your assets in real time
- Capitalize on a global network of sales channels
- Work with a U.S. Chamber of Commerce-recognized company
IT Asset Recovery – Liquidate End-of-Life Equipment Safely & Securely
Keeping up with the dizzying pace of advances in computing technology can be tough. And when you upgrade your equipment, you’re faced with a new problem: what to do with all your outdated hardware? Throwing it away may be illegal, can harm the environment, and might mean overlooking a great way to recover value.
If done right, asset remarketing can be an invaluable component of your IT asset disposition (ITAD) strategy. But rather than putting your regular business activities on hold to deal with moving tens or even hundreds of pieces of electronic equipment, it’s far more efficient and cost-effective to find a trusted buyer – a company with electronics refurbishing experience and an established network of resale clients.
CompuCycle utilizes a variety of both domestic and global sales channels to secure the maximum recovery value for your IT assets. In fact, the U.S. Chamber of Commerce awarded us the U.S. Export Achievement Certificate for our work exporting equipment to markets all over the globe. We are able to remarket electronic devices at the used, refurbished, and thanks to our advanced shredding capabilities, even the raw materials stages of life.
Benefits of IT Asset Remarketing
Why should asset remarketing be part of your ITAD strategy? Here are four ways you can benefit from selling your surplus tech:
- Boost your cash reserves:What could be better than turning unneeded or surplus equipment into cash? You’re then free to put that money toward new, more efficient tech that saves more money, or any of the other countless expenditures your business has to make. Thanks to our existing, extensive network of buyers, CompuCycle is able to secure the best prices for your equipment.
- Save man-hours: Having less equipment–especially less dated equipment–will save your IT department untold hours of maintenance and troubleshooting and free them up for other duties.
- Be greener: The oft-cited phrase detailing the best ways to protect the environment is “Reduce-Reuse-Recycle,” in that order. When another company buys your refurbished tech, that’s new tech that doesn’t have to be made using energy and raw materials. If your assets can’t be remarketed, CompuCycle recycles them to SERI R2 specifications.
- Free up physical storage space: Asset remarketing is often the final step in the data center decommissioning process, as it often results in computer tech that is perfectly functional but not longer needed. Remarketing those IT assets is a great way to decrease your business’s footprint and overhead costs.
Follow Your IT Assets in Real-Time
At any time, you are able to log into our online portal to see where your assets are in the process by searching by asset tag or serial number. Alternatively, you can email us directly for that information, or stop by the facility. In fact, we encourage all our customers to visit us and observe the lengths we go to protect your data and recycle e-waste responsibly.
Types of Electronics We Remarket
Virtually any type of widely used computer electronic can be remarketed, depending on a few factors. There’s no hard-and-fast rule for what can be remarketed, but typically IT assets that hold value are:
- five years old or younger;
- equipped with i3, i5 or i7 processors;
- 19 inches or larger (for monitors); and
- branded from a recognizable tech manufacturer.
This means network routers, servers, switches, hubs, laptops, desktops, monitors, hard drives, copiers, racks, shelves, and more that are in good condition still hold value and can be resold.
CompuCycle’s Remarketing Process
Our remarketing process at CompuCycle involves constant security and continuous reporting so that the chain of custody is always firmly established and your data is protected. Here’s how it works:
- Collection: When you request collection of IT assets, we typically schedule it within two business days and assign you a lot number. Before our truck arrives, if you provide us with an inventory report, we can issue you an inventory validation. Otherwise, we conduct an on-site inventory when we get to your place of business.
- Transportation: Equipment is loaded into our truck and securely locked. We assume liability for all IT assets in our possession. Our trucks are equipped with GPS tracking and owned and operated by us, not third parties.
- Processing:Once the items reach our access-controlled, extensively secured facility, we begin by emailing you a receiving report within 24 hours that will list the weight and number of skids that are being entered into our system. Next, we inventory the assets (if it hasn’t been done already on-site). Finally, we test the assets for performance, generate an audit report, erase the data according to NIST 800-88 and DoD 5220.22-M standards (drives that fail the sanitization process are physically shredded, and generate hard drive sanitization certificates).
- Refurbishing: If our testing determines that the best course of action for reselling a piece of equipment requires updating the hardware or software, we do that at this time. This could mean adding RAM, switching a computer over to a solid-state hard drive, or upgrading the operating system to Windows 10. We are a Microsoft Registered Refurbisher, which enables us to install Microsoft operating systems and warranty certain refurbished products for up to five years. Finally, the assets are resold and shipped out.
- Recycling: Any items we can’t remarket directly are shredded in our industrial shredder and the raw materials separated and sold. We issue a certificate of recycling and a hard drive data destruction certificate for each shredded item (if applicable). It’s important to note that computer electronics can have mercury, lead, and other environmentally hazardous materials in them. Paper shredding companies are not certified for this type of recycling.
- Settlement: If we haven’t yet done so, we then issue an inventory validation and generate a settlement report. This details each of the assets and lists the price we can pay you per asset, as shown on the credit memo.
- Final reporting: Lastly, we generate an audit report and an inventory report specifying the make, model, serial number, and asset tag number of each item, as well as the state of its final disposition (sold or recycled).