What is ITAD?
Basically the ITAD definition is simple. ITAD stands for Information Technology Asset Disposition.
ITAD: Information Technology Asset Disposition Definition
IT Asset Disposition is the business of disposing of outdated, unviable, or undesired equipment in an environmentally safe and responsible manner.
Information Technology Asset Disposition companies specialize in the processes related to disposing of and remarketing IT assets.
At the same time, these companies also focus on mitigating expenses and maximizing the value of the IT assets.
Again, the definition of ITAD also includes its particular attention to the impacts of asset disposition and the environment.
Clearly the abbreviation ITAD is used ubiquitously for a good reason. The full name is somewhat of a mouthful.
What Is ITAD Able to Do For You?
Information Technology Asset Disposition companies can help you get rid of your excess IT equipment or decommission your data center. And in doing so, they will help you get paid for it (not to be confused with ITAM).
Once they’ve bought your material, they’ll then go through the IT Asset disposition market. They’ll also utilize their own personal end-user network to attempt to recoup as much value from your equipment as possible.
In simple terms, a good ITAD definition is any process related to getting value back for IT equipment.
For a more in-depth ITAD definition and its context, it’s imperative to understand the IT asset disposition market. It’s important to know how ITAD companies go about their value recovery process.
What Is The IT Asset Disposition Market?
The IT asset disposition market is a secondary IT market. It’s used by ITAD companies to remarket the 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 broker bin. Others contact the other ITAD companies directly, though most ITAD companies sell directly to end-users in any case.
Choosing the Right Company In the IT Asset Disposition Market
There are likely close to 100 ITAD companies at this point.
Because of this, it can seem difficult to find the best choice.
Consider the following scenarios. Regardless of your scenario, there will be features that you most likely will want to look for above all else.
You have bulk inventory and need decommissioning services
- On-site pickup and drive erasure
- Onsite packing, palletizing, and decommission services
- Electronic Recycling Services
You have just a few pieces of equipment and can ship the material yourself
- Free shipping insurance
- Fast Processing
- Open Chain of comms
You have very valuable, sensitive IT in the colo and need decommissioned
- Highly trained ITAD technicians
- R2/E-stewards Certification
- Short Net payment time frames
In all cases, look for an ITAD company that has years of experience. Also, look for one with a reputation for fair dealings.
Don’t hesitate to get multiple quotes and use the competition to your advantage.
If you’re in need of ITAD services for your data center equipment, head over to our ITAD page or call us at 239-596-2254 and get a quote on your equipment!
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