Significance of Asset Recovery Services in Business

May 1, 2018

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A recent research shows that many companies tend to overlook the mammoth opportunity that lies behind effective management of idle IT assets. It is found that only forward-thinking entrepreneurs can actually extract revenues from the tools that are otherwise declared junk and are piled up in a warehouse. Innumerable profitable e-waste companies have cropped up in the recent past that offer state-of-art e-waste management solutions. Again, it is always advisable for businesses to appoint contractors with hands-on experience in dealing with end-of-life computers and telecommunication products.

A professional asset recovery contractor would always follow step by step procedures while handling end-of-life equipment. In general, eco-friendly disposal of IT tools and efficient implementation of asset recovery process include the following step –

  • Tracking and managing piled up assets
  • Differentiating between reusable and non-reusable of assets
  • Assessing the actual value before reselling them
  • Effective redeployment or reselling of the end-of-life stock
  • Systematic compilation of all these in an official report

Management of surplus equipment is considered an inevitable Corporate Social Responsibility (CSR) which adds to the goodwill of a company. Many entrepreneurs today opt for donating their usable surplus assets to charitable organizations. Thus, for maximum Return on Investments (ROI), many customised e-waste solutions are offered by experts on this subject. Locating resalable assets and IT property can turn extremely time-consuming. Thus, it is always a prudent move for small, medium and even large enterprises to appoint an external industrial recovery team for optimum utilization of their resources. The good thing is, many contractors also offer solutions purely on a commission basis. They charge their customers only when they have sold, donated or disposed of the product in an environment friendly manner.

Many recovery contractors themselves buy IT products which have not reached the end-of-life and are still usable. An increasing number of contractors are readily buying office IT tools including Core 2 or higher computers, laptops, flat panel monitors, new toner cartridges, network equipment and various telephone systems. IT equipment in good, operational conditions are generally disposed of when a company is shifting, moving or downsizing its office. However, it is on part of the entrepreneurs to properly evaluate their asset’s value before reselling or coming to an agreement. IT recycling professionals also offer free pickup of assets and assure secure removal of data while abiding by the DOD techniques. It is said that corporates should specifically focus on protecting sensitive information by keeping in mind the possibilities of infringing software licensing policies. Finally, an official asset recovery service is not declared finished until a certified audit report on data destruction and refurbishment is documented and signed upon by both the parties.

11 Comments

  • Peter Thrun May 1, 2018 at 6:32 pm

    Dude, fantastic. I am a first time Mint user, just switched from Windows and couldn't access my files till I watched this.

  • Md Kd May 1, 2018 at 6:32 pm

    Hi Linuxforever, Iwas running a dual boot windows 10 pro pirated version and Ubuntu. I wanted to replace Ubuntu With Linux mint. While doing that I erased everything on my laptop and what left behind is newly installed Linux mint nothing else. There is only single partition left of 923GB. Please tell me how I can recover my data, I just want to recover some important docs and photos nothing else. Please help me out..

  • Nahid Babu May 1, 2018 at 6:32 pm

    brother i have a problem how to linux setup without lost my old hard disk data? plz tell me

  • hamza LOTFI May 1, 2018 at 6:32 pm

    thank u , man 🙂

  • Mayank Khurana May 1, 2018 at 6:32 pm

    HELP HELP HELP while installing ubuntu i clicked on delete data and now
    my whole harddrive is formatted and all the partitions are removed
    please help me how can i get my data back

  • Nikola Tojagic May 1, 2018 at 6:32 pm

    Thanks 🙂

  • Euclidus May 1, 2018 at 6:32 pm

    Hi,
    your videos are fantastic really helpful.
    I have a question concerned to how to do recovery dvd's for Linux Mint 17.2 or other Linux OS.
    Thank you
    Bye
    John

  • MINDeemaster May 1, 2018 at 6:32 pm

    You sir just saved my life! Many thanks!

  • Niels Christiansen May 1, 2018 at 6:32 pm

    And where does it save the files? I'm quite amazed that I'm not asked about the name of the folder I want to recover. It just analyses the entire drive. 

  • Aposteirosi Apolimansi May 1, 2018 at 6:32 pm

    Very good video
     So the new question what is multiseat ?? i
    and how can share one desktop 2 or 3 or more users ??

    Wait your answer and your help

    Thanks again

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