What is the definition of an Asset?

At Secure Data Recycling we would suggest that, an asset is an object (physical or intangible) that has an identifiable value and a useful life greater than 12 months, that is or could be used by the entity responsible for it to provide a service.

In other words all your IT and Computer Equipment is an asset of your business, all be it an asset that in line with the IT industry is depreciating fast.

Knowing what you have and when to upgrade is where Secure Data Recycling can help.

Some IT Equipment can be re-sold so there is a decision made there, other IT Equipment has no resale value, but can still perform a function within your business (Printers and Servers for example)

With the latter, the costs of repairing must be compared with the cost of replacement.

Complicated? You bet, but with the support of the systems that Secure Data Recycling will put in place you will be able to make a professional decision on all your IT assets.