All good things must come to an end…or at least, in the case of IT equipment, come to a point when they stop working or are no longer needed. It is part of the business plan that often times does not get the attention it should, according to a recent Forrester study commissioned by Cisco.
The study took an in-depth look at how 300 European businesses with over 3,000 employees manage their end-of-life IT assets. The conclusion: companies need to do a better job in this area – put bluntly, the end-of-life management process is a financial, regulatory and brand reputation liability.
While the study was done in Europe it can be used as an indicator of how companies are prioritizing, or not, end-of-life IT management globally.
Some of the highlights of the report:
- The average lifespan of servers and storage devices is 3.6 years
- Only 15% of network equipment is destroyed at end-of-life.
- 45% of German organizations use a 3rd party to manage the end-of-life of IT assets.