- June 19, 2023
According to the 2023 State of IT report from Spiceworks, half of organisations plan to take precautionary measures to prepare for an economic slowdown in 2023.
Comparing this data to predicted IT spend trends, Spiceworks believes that roughly half (51%) of organisations plan to increase IT budgets in 2023. Only 6% plan to cut back on tech spending. As they enter an IT hardware buying cycle, companies seek 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 29% of the businesses surveyed are going to be decommissioning infrastructure, and 26% will be consolidating redundant tech.
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?
We now live in a data-driven era and businesses can no longer afford to be complacent about hardware disposal. Instead, they will need to streamline costs and increase budgets by selling back old tech. 22% of the companies surveyed said that they would be adopting cheaper tools and services.
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:
- Unlock value in old IT equipment to invest in new
- 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?
Most of the time there is 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?
We work with customers to securely dispose of their old IT equipment.
