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Maximize the Lifetime Value of Your IT Assets Through Intelligent Refresh Cycles

As enterprises invest heavily in new technologies, efficiently managing the lifecycle and refresh cycles of existing IT assets becomes increasingly important. Yet for most IT departments, improving asset utilization while lowering costs and risks is a complex challenge. Read more about strategies to solve these challenges.

January 8, 2024
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Maximize the Lifetime Value of Your IT Assets Through Intelligent Refresh Cycles

As enterprises invest heavily in new technologies, efficiently managing the lifecycle and refresh cycles of existing IT assets becomes increasingly important. Yet for most IT departments, improving asset utilization while lowering costs and risks is a complex challenge.   

A Forrester study found that organizations implementing Mac devices through employee choice programs enjoyed benefits like:  

• 42% lower IT support costs due to easier Mac deployment and management  

• 27% lower hardware and software costs due to higher Mac residual values and no required OS licenses

• 50% lower data breach risk from Mac's secure architecture and built-in security  

• 5% higher employee productivity from faster Mac performance  

However, holding onto devices for too long increases:  

• IT support costs due to more troubleshooting and maintenance of aging devices      

• Productivity losses from downtime and outdated hardware slowing employees      

• Security risks from unpatched vulnerabilities     

• Missed opportunities for innovation as employees lack the tools they need   

To optimize refresh cycles while capturing residual value, enterprises should:              

• Develop device roadmaps based on employee roles and needs                         

• Move to zero touch deployment processes that enroll new devices automatically                                 

• Prioritize secure-by-design devices with built-in security features                         

• Pilot new devices with smaller groups to prove benefits before wider rollouts                             

• Capture the full residual value from retired devices

• Continuously monitor key performance indicators to assess the true impact of refreshed assets                    

While this strategy can maximize the lifetime value of IT assets, executing ITAD processes at scale is complex and labor intensive for most IT departments.

This is where an automated ITAD solution like Evercycle can help simplify and accelerate intelligent refresh cycles.
Our platform can:                       

• Securely retire old devices through data destruction, asset tracking and sustainable recycling        

• Maximize the residual value of retired assets through our global trade-in network       

By working with Evercycle, enterprises can:                                         

• Simplify complex refresh cycles across 100% of their end-user IT assets                  

• Ensure data security and environmental compliance for retired assets     

• Capture the full residual value from end-user devices          

• Free up IT teams to focus on higher value initiatives        

If you'd like to discuss how Evercycle can help optimize the lifetime value of your IT assets through efficient refresh cycles, please reach out. We'd love to show you how our ITAD platform can simplify and accelerate the implementation of your asset management strategy.

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