How proper IT hardware disposal boosts data security

According to the 2018 State of IT report from Spiceworks, nearly half (44%) of companies expect to see a rise in IT budgets this year, while 43% predict they will remain the same as in 2017.

Comparing this data to previous IT spend trends, TechRepublic believes we have entered an IT hardware buying cycle, with companies seeking to take advantage of the latest tech and enhanced computational power.


And this certainly seems to be the case, with the Spiceworks report revealing that nearly a third (32%) of the expected IT hardware purchases will go towards new desktop and laptops.


It is clear that enterprises of all sizes are planning to replace their old IT hardware with new hardware at an increased pace this year. As a result, there will be a rise in businesses decommissioning and disposing of older hardware.


But how much planning has gone into the disposal of old hardware?
As TechRepublic notes, disposing of hardware had been an afterthought for many years, however, we now live in a data-driven era and businesses can no longer afford to be complacent about hardware disposal.


Data is increasingly important in the success of enterprises, and data security now requires a formal and standard procedure when it comes to the decommissioning of IT hardware. With data breaches a growing risk, companies cannot ignore the risk associated with nonchalant hardware disposal -- such an approach could leave your business open to exploitation.


Our views
Whilst security is of course top of mind when planning disposal of old IT equipment, there are two further reasons why we believe it makes good business:

  1. Unlock value in old IT equipment to invest in new
  2. Minimise the impact on the environment

Give your IT budget a boost
We understand that businesses need to adopt the latest and best technology to compete in an increasingly digital world.


It’s clear from the report that businesses agree and that’s why they’re making significant budget commitments to modernise their IT estate (laptops, desktops, mobiles).


However… could you make your budget go further?


The majority of time there is always value in old IT equipment. By unlocking that value, businesses can raise additional capital to invest in new IT equipment.


Security is key, but are businesses really prepared?

In our research earlier this year, we identified a piece of research that revealed less than half (43%) of businesses have a defined process for the methodical deletion of records and confirmation checks.


We work with customers to securely dispose of their old IT equipment. Learn more here. 

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