News in the Channel – February 2023

DATA DESTRUCTION

CONTINUED

100% securely erases data but enables the product to be recycled and resold back into the marketplace. “We have a three-stage Partnership programme that includes the likes of Iron Mountain, Procurri and Crown Records Management in which companies can heighten their environmental profile by offering their customers an eco-friendly option of tape media data destruction and recycling,” explains Gavin. “The partner programmes Insurgo operate are just some of those on the market that resellers can also tap into and benefit from.” Gavin adds that resellers could take several options in this program. “Resellers can only want to destroy tapes or resell the recycled tapes or both. Insurgo has started branding media for companies whereby they put their brand on the certified product with a lifetime warranty. With our partnerships, resellers have access other stocks of other technology partners, so that world also opens up to them. “We have 100% traceability, 100% security. And we are the only company in the world offering this to such a high level; we have patents granted in the UK, USA, Singapore, Hong Kong, Mexico, Russia, China, South Africa and pending in over 40 other countries with no objections currently.”

environmental issues facing the world today,” says Richard. “The UN estimates that more than 57 million tonnes of ewaste is generated globally every year. If nothing is done, this will more than double by 2050, to 120 million tonnes, according to a World Economic Forum report from 2019. “In the UK alone, 1.5 million tonnes of ewaste are generated annually. A recent report by Material Focus stated that more than 200,000 tonnes of UK business electricals are improperly disposed of each year, including by fly tipping and landfill.” This means that the circular economy and putting electronic products back into the market for future use, will be increasingly important. “Not all ewaste, should be scrapped or rendered unusable,” Richard says.

The UN estimates that more than 57 million tonnes of ewaste is generated globally every year. If nothing is done, this will more than double by 2050, to 120 million tonnes, according to a World Economic Forum report from 2019. “

Tape media is a growing market – estimated to reach nearly $10 billion globally by 2030, with growth of about 12% year-on-year Gavin adds. “The market space is huge,” he says. “In my professional opinion, it will grow by more than the that which is forecast.” Waste not Another growing market is sustainability, and resellers looking to sell recycled products can tap into this. No only does it ensure plastic is reused and has a longer lifecycle, it also means it doesn’t contribute to the growing problem of electronic waste (ewaste). “Ewaste is one of the fastest-growing

“Technology lifecycle management services empower businesses and the public sector to measure and reduce the environmental impact of their technology.” Ongoing opportunities As this article shows, there are likely to be ongoing opportunities for resellers in the data destruction sector in the coming months and years as the amount of data that businesses produce continues to climb. There are various options for resellers but it is a vital service and one that can provide a regular income stream from regular customers.

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