ITAD Definition and Meaning Explained: What is IT Asset Disposition?

Information technology IT Asset Disposition refers to safe disposal of outdated, unviable or undesired IT equipment Learn more about ITAD services inside!

What is ITAD?:

Basically, the ITAD definition is simple. ITAD stands for Information Technology Asset Disposition. Another variation you will find online is IT Asset Disposition.

ITAD: Information Technology Asset Disposition Definition:

IT Asset Disposition is the business of recycling, repurposing, repairing, or reselling of outdated, unviable, or undesired equipment in an environmentally safe and responsible manner.

Information Technology Asset Disposition companies specialize in the processes related to recycling or remarketing IT assets.

At the same time, these companies also focus on mitigating expenses related to IT end of life and maximizing the value of the IT assets.

ITAD’s connotation is often tied specifically to the environmental or compliance impacts of asset disposition.

Clearly the abbreviation ITAD is used ubiquitously for a good reason. The full name is somewhat of a mouthful.

What Is IT Asset Disposition (ITAD) Able to Do For You?:

Information Technology Asset Disposition companies can help you get rid of your excess IT equipment or decommission your data center. And in doing so, they will help you get paid for it (not to be confused with ITAM).

Once they’ve bought your material, they’ll then go through the IT Asset disposition market. They’ll also utilize their own personal end-user network to attempt to recoup as much value from your equipment as possible.

In simple terms, a good ITAD definition is any process related to getting value back for IT equipment.

For a more in-depth ITAD definition and its context, it’s imperative to understand the IT asset disposition market. It’s important to know how ITAD companies go about their value recovery process.

What Is The IT Asset Disposition Market?:

The IT asset disposition market is a secondary IT market. It’s used by ITAD companies to remarket the assets they purchase.

Many ITAD companies coordinate with other different ITAD companies to sell the equipment off to the highest bidder.

Some ITAD companies rely on broker bin. Others contact the other ITAD companies directly, and some ITAD companies sell directly to end-users

Choosing the Right Company In the IT Asset Disposition Market:

There are many more than 100 ITAD companies at this point, depending on how loosely you define ITAD.

Because of this, it can seem difficult to find the best choice.

Consider the following scenarios. Regardless of your scenario, there will be features that you most likely will want to look for above all else.

You have bulk inventory and need decommissioning services

On-site pickup and drive erasure

Onsite packing, palletizing, and decommission services

Electronic Recycling Services

exIT Technologies is a 25 year R2 certified IT Asset Recovery company located at 2254 Trade Center Way in Naples, FL. Easily sell servers, storage, networking, processors, memory, and hard drives. We ship, process, wipe, and send a check with an itemized report. Call, chat, e-mail any of our dedicated reps anytime for a next business day solution.

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