IRVINE, Calif.--(BUSINESS WIRE)-- 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.”

About Sims Lifecycle Services

Sims Lifecycle Services provides solutions to extend the life of data center and enterprise IT assets, and the company recognizes the value in end-of-life electronics, components and materials. SLS works with hyperscale and cloud data centers to reuse and redeploy data center equipment. Fortune 500 companies are supported by SLS to navigate ongoing technology shifts by securely and responsibly managing the disposition of IT equipment and recycling of electronic products.

IT asset disposition (ITAD) and electronics recycling services offered at SLS support the evolution of the electronics industry movement toward circularity. SLS clients benefit from data security, maximum IT value recovery, global compliance and sustainable IT use. As a responsible corporate citizen, and in alignment with the United Nations Sustainable Development Goals, we continuously seek new ways to contribute to the circular economy. Visit the SLS website, www.simslifecycle.com for more information on the company’s global coverage and services offered or for media contact email: sls.media@simsmm.com.

Notes:

¹Gartner, Market Guide for IT Asset Disposition, By Rob Schafer, Christopher Dixon, Autumn Stanish, 6 November, 2024

²Sims Lifecycle Services (SLS) was recognized as Sims Recycling Solutions in 2018 and 2016.
Gartner, Marketing Guide for IT Asset Disposition, 22 November 2016
Gartner, Marketing Guide for IT Asset Disposition, 26 July 2018
Gartner, Marketing Guide for IT Asset Disposition, 30 November 2020
Gartner, Marketing Guide for IT Asset Disposition, 23 January 2023

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