Tuesday, May 26, 2009

Companies Looking to Offset a Poor Economy Find Relief with Their I.T. Surplus

In today’s tough economy, one cannot listen to the news or read a newspaper without being subjected to a story of another major company going out of business or cutting operational costs CEOs have to make hard decisions which can sometimes affect the lives of their loyal employees. The primary reason for these difficult choices is a lack of corporate capital.

But, what if there was an easier way for these C-level executives to subsidize their budgets? For some the solution is right under their nose, or more likely, locked away in a storeroom somewhere.

I’m talking about computer liquidation.

Most mid- to large-sized companies regularly upgrade their I.T. infrastructure to keep up with the demands of their industry and the needs of their customers. But, what do most of these companies do with their old network systems? They store the equipment. To the right buyer, these desktops, laptops, servers, routers, switches and other network equipment still hold value. Stored and unused I.T. equipment is a line of potential income that many companies can call upon to stay afloat.

“We’re definitely seeing an increase in the number of companies looking to sell off their excess I.T. equipment,” says Richard Greene, VP of Operations for Liquid Technology, a computer liquidation and data destruction firm. “With the economy the way it currently is, if a company can’t generate enough income through consumer sales, they can gain the capital they need by selling this equipment that they’re not using anyway, and in most cases, even paying to store.”

In truth, while more and more companies are selling their I.T. equipment for a useable source of capital, there are a number of other reasons why computer liquidation can be a prudent choice. Selling surplus I.T. equipment can help companies prevent layoffs, update their existing infrastructure, maximize their allotment of useable space or better manage moving, downsizing or merging situations.

Computer liquidation can also be beneficial to those companies looking to implement a “greener” approach to doing business. “Many of our clients are looking to reduce their impact on the environment and getting rid of surplus I.T. equipment is just one way for these companies to reach that goal,” says Greene.

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