2016 Worldwide trends in IT Asset Management
News of a brand new hardware component related to the betterment of IT functions and the improvement of how we use computers in general has become a thing of everyday happening. The common reaction to such news is elation because of the addiction (for lack of better word) we have all developed. Ask any parts of the long chain outside the Apple store if they are concerned about IT Asset Management issues and you will get more worry about the phones running out before they get inside the store. The same attitude is evident in the rest the world.does this spell doom on us then? What is really happening to counter the heaps of devices becoming obsolete daily.
As shown above, and probably agreed on already, we have a problem growing and something needs to be done soon. The toxic waste and general unpleasant state of litter in the form of computer screens and other IT components should make them a little harder to toss in the street just as a paper would possibly be. Companies have long been setting up shop in the effort of recycling the IT hardware that keeps piling in schools, hospitals and companies when they buy better versions.
The growth of these unwanted computer boxes is not near it’s end, every time a company launches a better version of their previous product, expect a surge in the amount available to recycle. The business of disposing IT waste has been growing because of this trend, nearing $10 billion as you read this sentence.
IT Asset Management policies in organizations the world over have accommodated the disposal of ‘expired’ hardware and are making a change towards a promising future in terms of ITAD. because assessments and inventories are always being conducted each time new components join company inventories, there is a knowing eye constantly looking at the warehouses in which the old machines get piled up. Partnerships are being signed on a daily basis between such organizations and firms set only to handle the unwanted IT components of companies.
IT Distribution chains, the guys that link big IT brands with the companies and end users that actually use them, are increasingly playing a big role in regulating the hoads of equipment that are gaining dust in firms’ unused offices. A lot of tiers exist at which redistribution of the outdated hardware is coordinated. Some of the used computers, which are significantly cheaper than the brand new ones coming in, end up being used in other parts of the world. Unsurprisingly their demand relieves pressure on the dump sites. Not to mention that they are toxic.
More strategies are currently being planned by the developers of the hardware to regulate the market of the unused components that came from their factory lines. The market size of disposing hardware as part of IT Asset management has many analysts speculating it to reach close to 50 billion dollars with a net of 150 million tons of hardware needed to be managed in the next four years.