Cashing in on your old hard drive

Just like other physical assets, computers become outdated. Some software upgrades can make IT hardware obsolete, and a continuous flow of electricity through an IT system can also make hard drives vulnerable to the effects of heat. Plus, newer versions of IT equipment are introduced into the market each year, and it is important to keep up with newer innovations.

As businesses adopt newer equipment, getting rid of older IT assets becomes inevitable. One of the challenges of discarding an old computer is that you cannot just throw it away. Throwing away crucial components such as a hard drive is not only harmful, but it’s also illegal. As you know, this IT component usually carries sensitive information. It is, therefore, crucial to approach IT disposal with extra care. Data protection is now even more critical than ever and any mistake in disposal could lead to data falling in the wrong hands, which could be detrimental for any organisation.

Hard drives house personal information – which can be incredibly detailed, including customers saved data, browsing and email history. That is why it is important to evaluate the situation and take steps to protect your data before disposing of old IT equipment.

For some companies, hard drive disposal is a costly process. However, this doesn’t have to be the case. In fact, smart organisations generate revenue from tech recycling through computer remarketing services. Here are some tips to help you dispose and recycle your hard drives profitably and efficiently.

Ways to a clean hard drive

The best approach to computer reuse is data wiping. The best way to carry out a swift data wiping is to use approved software, allowing you to reuse the hard drive once complete.

Get organised

As you plan for the disposal, keep your hard drives organised. Missing parts can degrade the value of the asset. To ensure the equipment is complete when it is due for recycling, keep close tabs on how it is being used and stored.

Timing is important

Now comes the most interesting part: selling the hard drive. Immediately a new version of IT hardware hits the market, it rarely takes long before the secondary market is flooded with the old IT hardware. It’s therefore important to recycle your IT hardware immediately after the release of the newer version (before the demand dips). Besides this, consider other factors that might affect the resale value. These could include the age of the product, the rate of depreciation, the demand in the secondary market, and the initial market value.

Understand your hard drive destruction needs

While you can generate significant revenue by remarketing recycled IT hardware, effective data disposal is more important. For that reason, eliminating data leakages should always be the main priority.