Early on in its history, Redemtech became a champion of change when it recognized that the future could not repeat the past.

IT asset recovery was a fragmented end-of-life tactic to sell off or dispose of used computer equipment. Getting rid of aging technology was a by-product of major companies’ periodic technology refresh cycles, and residual value recovery was the key priority.

But end-of-life challenges would not stay that simple: the tidal wave of surplus used computers was causing huge problems, including managing the volumes, controlling data security and avoiding e-waste regulatory nightmares. And residual values were plummeting as the prices of new equipment continued to fall.

Meanwhile, regulatory pressures on both data security and e-waste disposal have been steadily mounting on a global basis – raising the specter of huge legal liabilities and negative publicity. All of this putting ever greater burdens on IT infrastructure and conventional asset recovery vendors, while also potentially causing unwanted business distraction.

Major companies recognized it was time for change and looked to Redemtech for new solutions that would turn these escalating problems into new opportunities to optimize asset performance, value and security – and reduce costs