Customer challenge
A large national insurer deployed 30,000 leased laptops to remote employees during the COVID-19 pandemic. As the leases neared expiration, the company faced three urgent challenges:
- Securely retrieving devices from employees across the country.
- Ensuring certified data wiping to protect sensitive information.
- Returning all equipment to multiple lessors on time to avoid late fees and penalties.
The solution
Iron Mountain designed a tailored lease-return program that streamlined retrieval and safeguarded data integrity:
- Box program: Provided secure, trackable retrieval of remote worker devices.
- Lease return management: Coordinated timely returns to three separate lessors, ensuring all compliance requirements were met.
- Value recovery services: Processed and remarketed corporate-owned assets, including data center equipment, to maximize residual value.
Value delivered
- Scale & speed: Successfully returned 30,000 laptops over 18 months, with a peak of 22,000 units processed in just two quarters.
- Cost savings: Eliminated the need to hire 15–20 temporary contractors (estimated at $35/ hour), reducing labor costs significantly.
- Risk mitigation: Ensured certified data sanitization for every device, avoiding security breaches and financial penalties.
Business impact
By combining efficient retrieval with compliance-focused processing, Iron Mountain enabled on-time lease returns, lowered operational expenses, and provided a repeatable model for large-scale IT asset disposition and value recovery.