EOL

EOL in the context of IT asset management refers to “end-of-life”. It’s the time when your IT equipment has come to the end of its useful life and it is no longer supported by the manufacturer or that it is running so slowly that it’s holding our team back, or simply when it functions no longer.

With EOL assets, companies can follow a number of routes, the most responsible of these is recycling. The best IT asset management platforms can carry out end-of-life IT asset recycling for you, taking charge of ensuring that these assets can either be refurbished for a new life or sustainable disposal.

When IT assets reach their end-of-life, responsible management of them is more than just a recommendation; it’s an obligation for many reasons. End-of-life assets can become a liability if they are not managed properly. Proper management involves securely erasing data, potentially recovering value through resale or recycling, and ensuring proper disposal to minimize environmental impact.

If you’re not sure what’s happened to the end-of-life assets in your company, where they’re lying around, and whether the data on them has been carefully wiped, it may be time for an audit. To keep things up-to-date in the future, it’s time to get reliable and secure asset management software: book a free demo with Dots today.