IT ASSET DISPOSITION
Having the right ITAD program and procedures in place to manage the disposition of retired assets is critical to protecting any companies data, the accountability of assets, maximizing value recovery and complying with regulatory and corporate risk management obligations.
ITAD Programs Mature Over Time
As ITAD (IT Asset Disposal) programs mature and improve over time, they get more complicated. The laws and regulations obligating companies to protect, as a requirement, personally identifiable information of employees, customers, and other stakeholders, proceed to become further restrictive.
What is ITAD?
What is IT Asset Disposition?
According to the website TechTarget, the following is considered IT Asset Disposition:
IT asset disposition (ITAD) is the business built around disposing of obsolete or unwanted equipment in a safe and ecologically-responsible manner.
ITAD vendors specialize in the process of streamlining disposition of IT assets, while minimizing costs and maximizing recouping of losses. Businesses have a heavy replacement cycle of IT equipment. Enterprises with worn out old equipment are faced regularly with decisions of whether to refurbish or resell, recycle or dispose of business equipment. ~ techtarget.com