CO Antrim IT recycling company Vyta has revealed a 51 per cent surge in cash generated through the resale of old computer equipment in the past two years.
The firm, which operates from Mallusk and Rathcoole in Dublin, said its customers received £6.3 million from old tech gear in 2019 and 2020, 51 per cent higher than the previous 24 months.
Vyta said it processed 1,691,826 devices as a part of its IT retirement and recycling service in the last two years after signing up an additional 250 customers.
Part of the uptake was the result of companies seeking to adhere to GDPR obligations to ‘cleanse’ old IT equipment of data before disposal.
Vyta said it wiped data from 993,066 devices during the period.
Chief executive Philip McMicheal said businesses are increasingly switching onto the idea that old or redundant IT equipment can generate revenue.
“If a business resells a desktop, laptop or hard drive which is not 100 per cent cleansed of data, they are compromising sensitive customer and company information and are in breach of GDPR,” he said.
“Our solutions are designed with security at its heart. We are the most certified IT disposal service provider in Ireland and hold 11 international ISO and quality standards, ensuring our customers can fulfil obligations under GDPR and environmental regulations while still receiving return revenue.
“The £6.3m return Vyta has delivered to customers in the last two years is testament to this.”
