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Encyclopedia > Computer liquidator

A computer liquidator buys computer technology and related equipment that is no longer required by one company, and resells ("flips") it to another company. There are several reasons why companies sell used Information Technology (I.T.) equipment: bankruptcy is one, downsizing and expanding are two more, but by far the most common reason is that the equipment is no longer performing the tasks required of it, usually because it has been rendered obsolete by more advanced technology coming on to the market. This used or obsolete technology is often referred to as eWaste. Liquidation, or winding up, refers to a business whose assets are converted to money in order to pay off debt. ... A BlueGene supercomputer cabinet. ... Information technology (IT), as defined by the Information Technology Association of America (ITAA)is: the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware. ... Notice of closure stuck on the door of a computer store the day after its parent company, Granville Technology Group Ltd, declared bankruptcy (strictly, put into administration - see text) in the UK. Bankruptcy is a legally declared inability or impairment of ability of an individual or organizations to pay their... Downsizing is a euphemism referring to layoffs initiated by a company in order to cut labor costs by reducing the size of the company. ... The term e-waste is applied to all waste from or caused by electronics, which is often toxic waste. ...


However, equipment designated as outdated for one company is still viable for another company, whose operations may not require advanced solutions. Often, an information technology audit will be performed to help a company decide if their equipment needs updating, and if so, what the requirements are. An information technology (IT) audit or information systems (IS) audit is an examination of the controls within an entitys Information technology infrastructure. ...


Computer liquidation is a sustainable solution and is environmentally friendly. The best liquidating companies have clearly outlined policies regarding the disposal of dangerous substances which are often an issue with information technology. For anyone concerned about environmental protection, the fact that there are companies out there doing business with a view to saving the planet from at least some pollution is comforting. Such services also provide original purchasers the peace-of-mind of knowing that their discarded equipment will be disposed of properly and legally. Environmental movement is a term often used for any social or political movement directed towards the preservation, restoration, or enhancement of the natural environment. ... It has been suggested that Pollutant be merged into this article or section. ...


I.T. has blossomed in recent decades. As newer and better technology replaces hardware at an ever-increasing speed, alarming amounts of technical trash were being produced almost from the beginning. It was obvious from the outset that sooner or later there would be a problem as people scrambled to update hardware. Predictions were made that every landfill would soon be overflowing with discarded computer screens and computers, along with associated equipment such as keyboards and mouses and all the other hardware associated with use of the Internet. Computer hardware is the physical part of a computer, including the digital circuitry, as distinguished from the computer software that executes within the hardware. ... Albury landfill, Surrey, England A landfill, also known as a dump, is a site for the disposal of waste materials by burial and is the oldest form of waste treatment. ... Nineteen inch (48 cm) CRT computer monitor A computer display, monitor or screen is a computer peripheral device capable of showing still or moving images generated by a computer and processed by a graphics card. ... Two wireless computer mice, with scroll wheels A mouse is a handheld pointing device for computers, involving a small object fitted with one or more buttons and shaped to sit naturally under the hand. ...


The situation produced a new niche market that some savvy businessmen were quick to identify and capitalize on, making use of used technology to the benefit of all. A niche market is a focused, targetable portion of a market sector. ...


When recycling can not be avoided

Examples of this would be Andover Consulting. This is just one of the highly successful companies that have grown during a recession and a continuous source of slightly-used hardware. Some concerned individuals have decided to make good use of cast-off hardware by having it shipped out to Third World countries, where it can provide a vital stepping stone to a better life. A recession is traditionally defined in macroeconomics as a decline in a countrys real Gross Domestic Product (GDP) for two or more successive quarters of a year (equivalently, two consecutive quarters of negative real economic growth). ...


Resources

A number of organizations have sprung up that provide technical guidelines to those handling or dealing in eWaste.


 
 

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