STOCK TITAN

Sims Lifecycle Services Listed as a Representative Vendor in the 2024 Gartner® “Market Guide for IT Asset Disposition”

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Sims Lifecycle Services (SLS) has been named a Representative Vendor in the 2024 Gartner® Market Guide for IT Asset Disposition for the fifth time. The recognition emphasizes SLS's expertise in IT asset management, data security, and sustainability solutions. The Market Guide highlights that IT Asset Disposition (ITAD) is increasingly focused on environmental sustainability benefits, including extending technology asset lifecycles to reduce greenhouse gas emissions and e-waste. The report emphasizes that device reuse and refurbishment are expected to grow as organizations recognize the carbon avoidance benefits compared to recycling.

I Servizi Lifecycle di Sims (SLS) sono stati nominati fornitore rappresentativo nella Guida di Mercato Gartner® 2024 per la Disposizione degli Asset IT per la quinta volta. Questo riconoscimento sottolinea l'expertise di SLS nella gestione degli asset IT, nella sicurezza dei dati e nelle soluzioni di sostenibilità. La Guida di Mercato evidenzia che la Disposizione degli Asset IT (ITAD) si concentra sempre di più sui benefici della sostenibilità ambientale, inclusa l'estensione dei cicli di vita degli asset tecnologici per ridurre le emissioni di gas serra e i rifiuti elettronici. Il rapporto sottolinea che il riutilizzo e la ristrutturazione dei dispositivi sono destinati a crescere, poiché le organizzazioni riconoscono i benefici di evitare emissioni di carbonio rispetto al riciclaggio.

Los Servicios de Ciclo de Vida de Sims (SLS) han sido nombrados proveedor representativo en la Guía de Mercado de Gartner® 2024 para la Disposición de Activos de TI por quinta vez. Este reconocimiento enfatiza la experiencia de SLS en la gestión de activos de TI, la seguridad de datos y las soluciones de sostenibilidad. La Guía de Mercado destaca que la Disposición de Activos de TI (ITAD) se centra cada vez más en los beneficios de sostenibilidad ambiental, incluyendo la extensión de los ciclos de vida de los activos tecnológicos para reducir las emisiones de gases de efecto invernadero y los desechos electrónicos. El informe enfatiza que se espera que el reutilizo y la renovación de dispositivos crezcan a medida que las organizaciones reconozcan los beneficios de evitar carbono en comparación con el reciclaje.

시스템 생애 주기 서비스(SLS)는 2024 가트너® IT 자산 처분을 위한 시장 가이드에서 다섯 번째로 대표 공급업체로 선정되었습니다. 이 인정은 IT 자산 관리, 데이터 보안 및 지속 가능성 솔루션에 대한 SLS의 전문성을 강조합니다. 시장 가이드는 IT 자산 처분(ITAD)이 온실가스 배출과 전자 폐기물을 줄이기 위해 기술 자산의 수명을 연장하는 것을 포함한 환경 지속 가능성의 이점에 점점 더 집중하고 있음을 강조합니다. 이 보고서는 기기 재사용 및 리퍼브가 재활용과 비교하여 탄소 회피 이점을 인식하는 조직들이 증가함에 따라 성장할 것으로 예상된다고 강조합니다.

Les Services de Cycle de Vie Sims (SLS) ont été désignés comme fournisseur représentatif dans le Guide de marché Gartner® 2024 pour la disposition des actifs informatiques pour la cinquième fois. Cette reconnaissance met en avant l'expertise de SLS dans la gestion des actifs informatiques, la sécurité des données et les solutions de durabilité. Le Guide de marché souligne que la disposition des actifs informatiques (ITAD) se concentre de plus en plus sur les avantages de durabilité environnementale, y compris l'extension des cycles de vie des actifs technologiques pour réduire les émissions de gaz à effet de serre et les déchets électroniques. Le rapport souligne que la réutilisation et la remise à neuf des appareils devraient croître à mesure que les organisations reconnaissent les avantages d'évitement du carbone par rapport au recyclage.

Die Sims Lifecycle Services (SLS) wurden zum fünften Mal als repräsentativer Anbieter im Marktüberblick von Gartner® 2024 für die IT-Vermögensentsorgung benannt. Diese Anerkennung hebt die Expertise von SLS im Bereich IT-Asset-Management, Datensicherheit und nachhaltige Lösungen hervor. Der Marktüberblick zeigt, dass sich die IT-Vermögensentsorgung (ITAD) zunehmend auf die Vorteile der ökologischen Nachhaltigkeit konzentriert, einschließlich der Verlängerung von Lebenszyklen technischer Vermögenswerte, um Treibhausgasemissionen und Elektroschrott zu reduzieren. Der Bericht betont, dass die Wiederverwendung und Aufbereitung von Geräten zunehmen wird, da Organisationen die Vorteile der Kohlenstoffvermeidung im Vergleich zum Recycling erkennen.

Positive
  • Fifth consecutive recognition in Gartner's Market Guide, validating market leadership
  • Strong positioning in growing ITAD market focused on sustainability and data security
Negative
  • None.

This marks our fifth inclusion in the “Market Guide for IT Asset Disposition”

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

Required Disclaimer:
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

sls.media@simsmm.com

Source: Sims Lifecycle Services

FAQ

What recognition did Sims Lifecycle Services (SMSMY) receive in 2024?

Sims Lifecycle Services was recognized as a Representative Vendor in the 2024 Gartner® Market Guide for IT Asset Disposition, marking their fifth inclusion in this guide.

What are the key focus areas of the 2024 Gartner ITAD Market Guide featuring Sims Lifecycle Services (SMSMY)?

The 2024 Market Guide focuses on environmental sustainability benefits, data security, and the importance of extending technology asset lifecycles to reduce greenhouse gas emissions and e-waste.

How does Sims Lifecycle Services (SMSMY) contribute to environmental sustainability?

SLS contributes to environmental sustainability through IT asset management solutions that focus on device reuse and refurbishment, helping reduce greenhouse gas emissions and e-waste.

SIMS LTD SP/ADR

OTC:SMSMY

SMSMY Rankings

SMSMY Latest News

SMSMY Stock Data

1.32B
192.96M
0.07%
0.08%
Steel
Basic Materials
Link
United States of America
Mascot