IT Spending to Exceed Staggering $5 Trillion this Year: What It Means for ITAD and Sustainability

The abusive and misleading use of terms like ESG and Sustainability prompted the European Securities and Markets Authority (ESMA) to publish new guidelines to address the confusion facing investors, including an 80% investment threshold required to characterize a fund as a sustainable investment fund.

Full text under the video There aren’t too many companies that fit the profile of Iron Mountain in the IT asset disposition sector. It is a publicly traded company that is heavily investing these days in IT asset disposition, essentially leveraging its strength in...

In 2020, an HP paper sought to make its case in favor of printing as a service. The argument was interesting. The paper started by equating the “print-as-a-service” model to subscription services like cable TV or streaming platforms. Over the years, most PC, printers and other IT hardware manufacturers promoted the ‘as-a-service’ model for the obvious reasons. This time, Lenovo is pushing into new territories by promoting “sustainability-as-a-service,’ an offering that is not likely to find an easy path to clients. Although the idea is very interesting, convincing procurement, compliance and finance officers to buy the idea will be extremely difficult.

The month of February features only three ITAD-related transactions in the United States and in Canada. Two were expansions and one was an acquisition.  Below are the highlights and locations. Click here for year-to-date map