Asset End-Of-Life Management
Rentalworks assures responsible and secure asset recovery during asset end-of-life.
Our approach on asset recovery is to achieve zero – land fill and secure removal of any sensitive business information from the IT assets. We emphasise on the responsible way of disposing assets and ensure that only stringent methods are used to ensure compliance with local environmental standards observed while ensuring the return of value on the assets to our clients.
Our clients have the options to either reuse, resell or recycle their IT assets:
- Resell Value:
Rentalworks will navigate the logistics process to ensure IT assets that has residual value will be resold at market prices that best valuate the asset to provide fair returns for our clients.
For IT assets that no longer have any market value, these IT assets will be recycled to ensure that its components are broken down into parts separated by ferrous metals, precious metals and plastics. All our recycling activities are in accordance to local environmental laws.
- Secure Data Sanitisation:
IT assets pose a significant risk to organizations because of the large volumes of confidential information stored on them. Data must be completely destroyed before IT assets are disposed of recycled, reused or donated.
Legislation, regulations and industry standards continue to grow more stringent worldwide regarding privacy of data on computers, tablets, smartphone and other devices. The stakes are high, as non-compliance can mean exorbitant fines, civil liability, irreparable damage to brand image or even imprisonment.
One of the key solutions to eliminate the risk of data falling into the wrong hands is to erase hard drives prior to disposal. Rentalworks has the capability to proof of this data removal to avoid the risk of penalties.
End of Lease Return: For IT assets that requires to be return to a lessor, Rentalworks will manage the logistics and managed the processing of the IT asset return via 2 options:
- Transporter: IT assets are collected and transported to designated locations as per lessor request.
- Processer+ Transporter: IT assets are either processed onsite /offsite which includes secure data destruction and then transported to designated locations as per lessor request.