All businesses need to upgrade their computing gear at some point to keep up with technological advances. New computers and technologies are more energy efficient and productive, which can make a business run more smoothly. In some cases, though, companies have no choice but to relocate, which means they have to forego their existing gear.
This was the situation our client, a global compute host worth $100+ million, was facing when they decided to move out of its newly unfavorable location. They chose to hire ExIT to take care of all obsolete IT (Information Technology) equipment and earn revenue through their relocation strategy. Thankfully, they were able to earn several million from their gear within days by hiring ExIT.
Global compute host moving out of unfavorable locations
Compute host companies have recently faced some unique challenges after some countries decided that the High-Performance Computing (HPC) industry is using a lot of electrical power but not creating enough jobs. In the case of our client, the country they were located in switched its focus towards economic sectors that are more labor intensive as a means of promoting local employment. Thus, the political decision was made to make it complicated for companies like our client to continue doing business there.
As a result, our client needed secure IT asset disposition (ITAD) services abroad — and fast.
ExIT was on location within 3 days of signing the contract
Within 3 days of the contract being signed, ExIT’s extraction team landed on-site to test and palletize hundreds of systems with thousands of compute cards. The gear was paid for in full and picked up two days later.
This meant that our client didn’t lose time and effort during the IT equipment recycling process and could focus on making revenue from the rest of their sites.
ExIT expertly handled the complexities of on-site pick-ups in remote international locations. We also handled international export and import compliance including paperwork, disclosures, and insurance so that our client had complete peace of mind.
On-site testing
Part of our services involved testing the equipment on-site. This let us — and our client — know the equipment’s worth before it even left the premises. Thanks to ExIT’s experience in recycling, repurposing, and reusing IT equipment, we knew exactly how much the equipment was worth. We were thus able to accurately quote our client for the IT equipment and stand by our offer irrespective of functional and cosmetic issues.
Swift service across time zones
Time is money for all businesses. Our ITAD experts at ExIT made sure to work round the clock and across several time zones to fulfill their contract and cause minimal disturbance and inconvenience. By using the right strategy and thanks to our extensive know-how, our team managed to test, palletize, and pick up the gear within a week of the contract being signed. Thus, our global client liquidated non-performing assets in the most efficient way possible.
ExIT offered great prices and pre-payment
Because of our 30+ years of experience in the IT recycling and repurposing business, ExIT was able to offer an aggressive price for our client’s modern high-performance compute gear. For example, our client had thousands of servers with Nvidia A series compute cards. Most ITAD companies wouldn’t be able to stock or finance such large quantities of computers and IT equipment, but ExIT was able to move and finance hundreds of systems per week.
Our client was thus able to cash out $10M+ for IT gear in a matter of 8-12 weeks rather than over a year, which improved cash flow and allowed the business to invest in new, more efficient sites.
Even better, the project qualified for prepay wire transfer payment terms. After the equipment was inspected, the client received more than $1 million in full. That was only the first batch from the first facility. ExIT is continuing to service this client’s disposition needs, with two sites and three conveyances completed to date.
Let ExIT help you make money on your old IT equipment
Computers and IT equipment that are obsolete for your business can be very useful to someone else. Many businesses give their valuable gear away to a recycler, or worse, pay to have it hauled off when they could call ExIT and get cash back.
Our global compute host managed to streamline its sites in the most efficient and lucrative way, proving that it makes perfect financial sense to call on ExIT to repurpose and recycle your IT equipment.
Whenever you need ITAD services, call ExIT and we’ll make sure that all your computers and IT gear are repurposed. Instead of throwing out your old IT equipment, call us and our asset disposition team will be at your premises in no time to make you an offer.
Let us now help you earn money in the most responsible way while disposing of your old computer gear!
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