We can find information technology department in every organisation where asset management is practiced. With the growing awareness of e-waste and data security concerns, businesses are inquisitively learning to master the art of IT asset disposition. However, it is important that businesses opt for the right approach. As deciding on learning the art of disposition is just the beginning. On the road to accomplish this mission, there are a number of vital steps that every business needs to consider.
To make this journey of learning and practicing IT asset management more productive, we have compiled and discussed all the vital components in brief.
Is Your Business Following The BYOD Culture?
The Bring Your Own Device (BYOD) culture is growing at a fast pace in businesses. According to survey reports, more than 65% of the businesses allow their employees to access corporate data like official emails and other company communication channels on their personal devices. And with the present scenario where employees are allowed to work from anywhere including home, office or any remote location is adding to its increasing popularity in businesses.
It is good to have a flexible working environment. But at the same time, it is important to consider the risks associated with it. Improper disposal of a personal old electronic device that contains corporate data can open up risks associated with data security. If an employee replaces his device without proper destruction of data, many confidential documents accessed and downloaded over a period of time can be at risk.
Hence, the primary need that arises here is to destroy the data and not the device – a step towards responsible IT asset disposition. If businesses are following the BYOD culture, they should include a BYOD policy wherein employees are informed about data security and responsible retirement of their old electronic devices.
What Are The Primary Requirements Of IT Asset Management?
The IT asset management (or disposition) services have evolved over time. The major requirement here is that company as an individual should evolve with the time. The primary requirements that must be considered prior to and during the disposition period are:
Leakproof data security
Even if any business secures its data through remote disabling, pin destruction or encryption, the fact is the data still exists on the device. This data can be wiped completely if the old electronics are sent to authorised IT asset management companies like Veracity World where professional data sanitisation process is executed before disposing of the device.
Attention to environmental stewardship
Every device we use is manufactured with natural resources extracted from the earth. Hence, it is vital that every business pays attention towards environmental aspects and sustainability of resources while retiring their old equipment. Every device can be put to use again by sending it for recycling, refurbishing or repair.
Process automation and optimization
Every individual who owns an electronic device should learn how the utilisation of the device could be optimised while paying attention to specific parameters. The first step is to verify that the existing device is being used with its highest number of benefits. Going forward, if the individual (or business) decides on retiring the device, steps must be followed to increase the lifecycle of the equipment. Businesses must decide how can any old equipment be used with basic repairing or refurbishing. This helps in minimising the e-waste and maximizing the efficiency of the asset.
Re-marketing Assets
Another advantage of proper IT asset management is remarketing your IT assets. Remarketing has the potential to increase the ROI and generate maximum revenue possible. This can be attained if e-waste management companies like Veracity World are approached. They provide you with the best possible asset retirement channel (refurbishment, resell, recycle) that can bring you back maximum ROI.
Complete asset management-purchase to final disposition
Whether it’s about a personal electronic device or a corporate device, businesses should be vigilant towards managing the utilisation, depreciation and life cycle of the assets – right from the day of purchase to the day of disposition.
By every means, IT asset management is the key to giving your electronic device the right treatment in the long run. In this green journey, e-waste management companies like Veracity World increase the monetary as well as the environmental benefits by two-fold.
