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 the 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.
ITAD exists in response to a number of considerations in replacing business equipment:
- Data security means storage devices must be securely wiped.
- Proper disposal of ecologically sensitive materials be done properly or businesses may face fines.
- Charitable donations and giving away equipment are more socially responsible than paying environmental fees for unnecessary disposal.
- Information about how ecologically sensitive components should be disposed of is not common knowledge.
Businesses stand to recoup losses in environmental fees and offset costs of purchasing new equipment through judicious recycling or reselling. For example, gold can be recycled from motherboards; equipment can be sold to chemical and component specialists or eCommerce sites.