Thursday 27 June 2019

AMI return €2m to customers after reselling over 20,000 old PCs and laptops

Managing Director Philip McMichael and Faye Thomas, Business Manager
Managing Director Philip McMichael and Faye Thomas, Business Manager
Louise Kelly

Louise Kelly

AMI takes IT, mobile and electrical equipment from companies and 'retires' the items in a secure way before selling on.

The funds were generated through the recycling, refurbishment and resale of items collected over 2017.

Companies that may not have been aware of the value of their old IT equipment have benefited from the process, according to managing director Philip McMichael.

He also said that working with AMI minimises the risk of a data breach. 

"Organisations are beginning to realise that correct handling of old IT equipment at the point of retirement can not only help to safeguard their reputation, but it can also generate a lucrative revenue stream for the business," he said.

AMI said it ensures that data-bearing equipment is erased to the most stringent global standards.

This is especially relevant as awareness of the scale of potential fines under GDPR is starting to grow among organisations, according to Mr McMichael.

"Board members are asking questions of their IT teams about how they manage the IT retirement process," he said.

"Once they learn that there is a monetary value in properly managed IT retirement they will make this investment in their future, and uncover the hidden value in their old PCs and laptops."

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