Vyta

  • About Us
    • The Vyta Team
    • Certifications
    • Awards
    • Our Mission and Values
    • IT Asset Disposal vs Disposition
  • Our Services
    • ITAD – IT Asset Disposal Service
    • IT Equipment Resale and Revenue Return
    • Hard Drive Shredding – DiskShred
    • WEEE Recycling
    • Secure Data Destruction
    • IT Services
    • Refurbished IT
  • ESG
    • Sustainability Report FY2023-24
    • Governance
  • Global ITAD
  • News
  • Resources
    • Educational Guides
    • Case Studies
    • Download Library
    • Videos
  • Careers
    • Recruitment Policies
  • Contact
  • Get a Quote

Majority of Irish companies failing to recover value from old IT

AMI recently conducted a survey of 137 senior IT decision-makers throughout Ireland and Northern Ireland, with the aim of gaining an insight into organisations’ approach to disposing of end-of-life IT assets. The results highlight a number of interesting findings, including the fact that a significant number of Irish companies are leaving themselves open to huge GDPR fines.

Companies leaving themselves open to huge GDPR fines

Almost one-third of respondents (32%) who say that they use third-party IT retirement companies admitted that they do not receive formal confirmation from their providers that their data has been completely erased. Under GDPR this would constitute a data breach, and companies could be liable to fines of up to €20 million or 4% of global turnover, depending on which is greater. Businesses need to therefore make sure that they are getting the required assurances that their data has been completely destroyed, and that it cannot be recovered.

As well as this, the results reveal that the majority of organisations fail to recover the value of old assets that they dispose of, despite the significant value of IT equipment. 70% of businesses say that they don’t recover any value when retiring old assets.

AMI regularly returns the value of old IT to clients

These companies are missing out on a potentially lucrative revenue stream; AMI regularly returns the value of old IT to clients. Where possible, we focus on recovering the residual value for all client devices. In fact, we refurbished and resold 40,000 PCs and laptops in 2015, and returned €2.2 million to our customers. This money can be used as the client sees fit – to upgrade the existing IT infrastructure for example. Alternatively, value from resold devices can be donated to a charity of the client’s choice. It often doesn’t occur to companies that there is any value in their old IT equipment.

Due to security concerns, some businesses are reluctant to agree to their old IT devices being resold. A third of survey respondents (33%) said that they would not allow it. However, working with a trusted and experienced partner like AMI will ensure that your redundant IT equipment is securely wiped with a bespoke audit tracking system. Your IT assets are tracked from the initial collection onsite through to the resale. This delivers a comprehensive audit trail for each individual ICT Asset. A Certificate of Destruction is issued to guarantee the items have been recycled.

Watch out for our next blog, in which we’ll outline some more of our survey findings, and explain how AMI can help to ensure the lowest risk of harmful data leaks.

Contact us today to find out more about how AMI can help your organisation to discover the value in old IT. If you’d prefer, fill in your contact details below and we’ll call you…

Filed Under: News Tagged With: data leaks, GDPR, IT Retirement

Search

Latest News

The Times names Vyta a leading ITAD partner for growing businesses

The Times has included Vyta in its feature '10 must-have services for businesses on the grow'. The piece shines a light on companies that help organisations expand while keeping their operations secure, compliant and sustainable. The … More...

Vyta Germany ITAD Facility Fully Operational

Vyta's new ITAD Facility in Frankfurt has opened and is now servicing clients across Germany and mainland Europe. Leading IT asset disposition and IT asset lifecycle management provider Vyta has elevated its European operations, … More...

Vyta at the ITAD & Circular Electronics Conference & Expo, Frankfurt 2025

On 11 and 12 June, Vyta took part in the E-Waste World Conference & Expo at Messe Frankfurt, Germany’s leading event for ITAD and circular electronics. The exhibition attracted more than 300 suppliers and 3,500 visitors from across … More...

Vyta logo, Trusted in Data Security, ITAD, and IT Recycling. Expert in Data Shredding and Secure Data Destruction in UK and Europe

Vyta provides sustainable, secure and cost-effective solutions for the responsible management of your IT asset lifecycle. Our services are key to protecting your data, maximising value, managing corporate risk and meeting sustainability goals.

Vyta are winners of the Kings Award for Sustainable Development in 2024

CONTACT US

info@vyta.com
+44 (0) 28 9084 7913

Vyta Great Britain
Vyta
Unit 28 Little Boyton Hall,
Roxwell, Chelmsford CM1 4LN, United Kingdom
Tel +44 (0) 33 0551 9983

Vyta Republic of Ireland
Vyta
Unit 66 Block 503, Greenogue Business Park
Rathcoole, Dublin D24 F300, Ireland
Tel +353 (0) 1257 3232

Vyta Northern Ireland
Vyta
Unit 1 Mallusk View, Central Park
Newtownabbey BT36 4FR, Northern Ireland
Tel +44 (0) 33 0551 9983

Vyta Germany
Vyta
Am Aspenhaag 5
65451 Kelsterbach
Germany
Tel +49 6107 7798991

Privacy Policy | Cookie Policy | Modern Slavery Policy |
PAS2060 Qualifying Explanatory Statement

  • LinkedIn
  • Twitter

Copyright Vyta Ltd © 2025