While it can be easy to lose sight of tech assets in the chaos of a business environment, your organization’s technological capabilities in this digital age can make the difference between success and failure. For companies ready to work towards a better system of IT asset management, here are some tips on getting started.
Tip #1 – Determine the Cost
The technological assets currently used in your organization may not seem to directly affect your bottom line beyond initial implementation costs. However, the true financial consequences of the tech used by your company include not only current asset value, but also projected cost of maintenance and replacement. Here are a few costs worth extra consideration:
- Cost of maintenance of existing hardware equipment
- Cost of purchase and setup of new users or new equipment
- Cost of replacement of individual units
- Cost of implementation of new software
- Cost of proper disposal and recycling of outdated or nonfunctioning assets
Tip #2 – Keep a Record
Once you have an idea of the true cost of your current technological use, it is important to keep a specific record of changes in your IT assets. This includes purchase dates of new hardware as well as expected dates of replacement. You should also keep a record of operating systems on user computers and versions of software used, in addition to issues that are regularly reported. By keeping an up-to-date record of the financial and time-related costs of hardware, software, and tech support, you will be able to better understand how to improve your current IT asset management.
Tip #3 – Determine Your Priorities
Now that you have a better understanding of the underlying costs associated with your current use of IT assets, it’s time to determine your priorities. By comparing the benefits and risks of maintenance and growth, you can have a better idea of where your focus should be regarding your IT assets. For instance, if tech support is frequently contacted regarding compatibility issues across different operating systems, it may be time to bring all users to the same platform. If ink costs are astronomical, perhaps it’s time to change printer models. Another element of importance to address at this stage is the employment of an electronic asset disposition company such as TechWaste Recycling to responsibly recycle outdated hardware.
When it comes to optimizing your organization’s IT asset management, it’s important to remember that having clearly defined priorities can help you strategize your assets. By following these three tips, you are well on your way to understanding the true impact of technology use on your business and making empowered decisions regarding your company’s future.
TechWaste Recycling directly services all of Southern California and provides pickup services to its facilities from nationwide locations. Visit TechWaste Recycling’s website at www.techwasterecycling.com to schedule a pickup that works for your convenience and schedule.
Learn more about TechWaste’s ITAD process here: IT Asset Disposition Services
Contact Info:
Richard Steffens
1940 E. Occidental street
Santa Ana, CA 92705
Phone: 866-637-8469
