Sims Lifecycle Services Listed as a Representative Vendor in the 2024 Gartner “Market Guide for IT Asset Disposition”

SEATTLE (Scrap Monster): Sims Lifecycle Services (SLS) has once again been recognized as a Representative Vendor in the 2024 Gartner® “Market Guide for IT Asset Disposition.1” In our opinion, this acknowledgment, our fifth inclusion in the Market Guide2, highlights SLS's commitment to delivering world-class IT asset management and disposition solutions that meet the highest standards of data security, sustainability, compliance and value return. We feel this recognition of SLS as a Representative Vendor underscores the company's strong position in the market and our ability to support global clients in managing the end-of-life cycle of IT assets.

According to Gartner, “Sustainability requirements are compounding the ongoing ITAD challenges of data security and sound reuse/recycling. Sourcing, procurement and vendor management leaders can use this Market Guide to navigate the ITAD market, assess growing compliance risks and identify representative ITAD providers.”

"In our view, being included again as a Representative Vendor in the 2024 Gartner® “Market Guide for IT Asset Disposition” is not just a recognition, it’s a validation of our commitment to excellence and innovation in IT asset disposition,” notes Sean Magann, chief commercial officer at Sims Lifecycle Services. “We believe this inclusion highlights our ability to innovate in ways that not only safeguard our clients’ data but also drive sustainability and efficiency. It’s proof that we’re not just adapting to change, we’re leading it.”

While inadequate data security and environmentally harmful recycling continue to be the biggest risks within the ITAD market, the report focuses largely on the financial and environmental advantages of device reuse and states that “ITAD is increasingly focused on the environmental sustainability benefits of extending the lifecycle of technology assets to reduce greenhouse gas (GHG) emissions and e-waste.”

Refurbishment and redeployment of IT devices is expected to increase as organizations more fully recognize the carbon avoidance realized versus recycling. “ITAD,” the report maintains, “is crucial for IT sustainability, mitigating Scope 3 emissions and supporting the circular economy.” Gartner urges corporations to utilize industry-best ITAD vendors to “leverage the superior environmental sustainability (and budget) characteristics of asset reuse as your primary disposition process.”

 Courtesy: www.stocktitan.net