Organizations Save More Than $817 Million in 20 Years with Used IT Equipment

SYRACUSE, N.Y., March 24, 2015 /PRNewswire/ -- CXtec^® has saved organizations more than $817 million over 20 years with its brand of certified pre-owned networking and voice equipment, equal2new^®. The company is celebrating the 20th anniversary of the equal2new brand, which was established in 1995.

"We are proud to have helped our customers save more than $817 million with equal2new and believe this demonstrates the value of the secondary market in providing alternatives to new equipment," said Peter Belyea, president of CXtec. "The secondary market is not only a viable source for used IT equipment, but is part of a strategic approach for organizations to lower the total cost of ownership of their technology infrastructures."

The secondary market, or the used hardware resale market, allows IT professionals to reduce costs and extend the life of IT investments by providing options for pre-owned equipment, such as equal2new.

Gartner, Inc., has recently published research on the used hardware market with findings and recommendations that include*:

• "The purchase of used hardware gives enterprises the ability to stretch the functional life of IT assets where the manufacturer has identified planned obsolescence of hardware in terms of an announced timetable for 'end of sale' and 'end of support.'"
• "Depending on the complexity, location, age and product density of the equipment on order, savings can be 50% to 70% off the discounted price of new, functionally equivalent hardware."
• "Regardless of whether the hardware is 'new in box,' or has been used in a production environment, it is critical that the provider presents details and documentation relating to the processes and methodologies for quality control and testing facilities."
• "For prospective customers to better understand the capabilities of the used-hardware resellers, an on-site visit to the provider's depot is recommended. Such a visit should include a review of the provider's testing labs to help gauge inventory size and standardized processes for logistics."

CXtec's equal2new certification process is governed by an ISO 9001:2008-certified quality management system and takes place in its 70,000-square-foot Technology Certification and Distribution Center. The company's equal2new equipment has a 99.51 percent reliability rating.

"This research reinforces our philosophy that a quality certification process ensures organizations can extend technology lifecycles and upgrade at a pace that makes sense for their business needs," said Frank Kobuszewski, vice president of the technology solutions group at CXtec. "That's why over the past 20 years, our team has continually improved our processes for equal2new equipment to provide a reliable solution for our customers."

CXtec created an infographic to honor the 20th anniversary of equal2new, which features a comparison of the top technology trends in 1995 and 2015, an explanation of what IT professionals could buy with the $817 million saved, and more. To view the infographic, visit www.cxtec.com/equal2new20.

About CXtec^®
Since its inception in 1978, CXtec has delivered value and support in current and legacy networking, voice and cable infrastructure, including its own brand of equal2new^® certified pre-owned equipment. The company's CABLExpress^® division manufactures data center cabling products, including the high-density, fiber optic Skinny-Trunk^® Solution. CXtec has been ranked on the CRN Solution Provider 500 list of North America's Top Technology Integrators for 14 consecutive years. The company was named to the list of Central New York's Best Places to Work by the Business Journal News Network in 2013. CXtec's headquarters and its Technology Certification and Distribution Center are located in Syracuse, N.Y. For more information, visit www.cxtec.com.

*Gartner, Inc., Used-Hardware Resellers Offer Hardware and Support Cost Savings, Eric Goodness, Christine Tenneson, February 5, 2015.

Contact Jamie King, CXtec
(315) 883-3673
[email protected]

Photo - http://photos.prnewswire.com/prnh/20150323/183943

SOURCE CXtec

Related Links

http://www.cxtec.com