Evercycle: Disrupting IT Asset Management with Sustainable and Secure Solutions

Evercycle
Evercycle

If you want some perspective on the IT hardware lifecycle platform Evercycle, take a gander at their website-evercycle.io-and see how their team answers two critical questions about their industry.

How important is sustainable and efficient IT asset management?

"The future of work depends on workforce technology enablement."

What is the extent of circulation for organization-deployed, data-bearing hardware?

"Organization-deployed, data-bearing hardware is circulating the globe by the billions."

These are just two of the guiding philosophies that have positioned Evercycle as the go-to unified enterprise platform trusted by IT asset managers.

Evercycle provides secure and sustainable solutions as it manages IT asset disposition services for corporate, government and educational sector clients. In other words, Evercycle provides answers to critical questions and remedies for pivotal problems that stand in the way of success.

Evercycle provides expert guided automation workflows for optimal hardware lifecycle solutions that improve efficiency through:

  • Modern mobility programs promoting collaboration

  • Automation

  • Data privacy

  • Security

  • Accountability

  • Insight

  • Sustainability

A key component of the Evercycle solutions cycle is the company's Unified Dashboard.

"This is where Evercycle customers manage device logistics; refresh or repair new devices; and deploy seedstock devices out to employees," said Evercycle Founder and CEO Nate Poynter. "It's all under one roof, so to speak."

Nate also touts Evercycle's Inventory Insights feature, which allows clients to utilize their integrated data to make smarter IT hardware lifecycle decisions as well as take action with ease. By integrating their existing asset databases, such as a Mobile Device Management platform, teams can analyze a range of metrics focusing on their device fleet and overall inventory. All of this data is critical to maintaining a firm handle on what IT assets you have; and what needs to be disposed of, repaired, replaced or recirculated.

"For example, a user could see, 'OK, an employee with a corporate-liable device has reported damage, this device is this old, it's still under warranty, it's been broken this many times, and it's going to cost this much to fix the screen, and I would save money if I simply initiated the decommissioning of that device and replaced it with a device from our seedstock inventory," Nate said. "They can see and plan for a better, more efficient lifecycle of the hardware. And with a few clicks, that automated workflow simply runs."

Nate noted that while similar solutions exist for optimizing software management, Evercycle is the only solution that does the same for hardware lifecycle management.

Based in Southern California, Evercycle started 2023 by teaming up with an accelerator and the firm continues to raise funds as traction continues to improve their position and scalability becomes even clearer.

Driving all of this is Nate, who illustrates with great clarity and transparency the straight talk that lies at the heart of this startup's success.

Nate remains focused on his clients, not himself.

"I hate self promotion and I'm sick of the buzzwords," he said.

Keeping things simple, Nate continued, "There is nothing else like Evercycle. It's something new, so it's innovative. Some of the things that I've solved have not been solved before. There are things I've done in this industry for large Fortune 500 companies, globally, that have not been done before."

He added, "I'm always just kind of head down, moving on to the next thing. I've been working in this industry for 11 years, and there's always been a lot of problems to solve-I get a lot of reward out of problem solving."

Nate started his career in advertising, working in marketing and branding for large national companies, as well as government agencies. He created interactive campaigns with creative approaches for customer engagement and user experience. He also branched out into software engineering and systems automation.

"I loved it," he said. "I was learning a lot."

Just a few years out of college, Nate's passion for his work generated success and he was inspired to launch two boutique agencies.

But he didn't like the agency model.

"There's only so much you can charge per hour, and there's only so many hours in the day," he said.

Nate realized that all of the energy and time he was pouring into advertising and marketing for others could be spent on his own business and his own product.

Then in 2013, he explored a consumer model that included a website where consumers could easily sell their used mobile devices.

Nate found that the consumer model would be difficult to scale while also providing an optimal service. That prompted Nate to pivot to the enterprise space, where he found these areas weren't as challenging, yet there was even more to solve.

While living in Indianapolis, Nate partnered with some of the largest enterprise mobility management providers based in the U.S. They needed a solution for the buyback of devices from their enterprise customers.

Nate had already created software to help automate this service-the first software of its kind. Initial customers included some of the biggest names in corporate America.

"We were profitable, pretty quick," he said.

After creating global programs for multiple Fortune 50 companies, Nate received positive feedback on his work.

But the enterprise customers wanted to pivot. They no longer liked being dependent on a single buyback provider. They preferred to either maintain ownership of the devices, or choose from multiple providers, while licensing Nate's software to facilitate IT asset disposition process.

Nate realized that this approach offered higher profit margins and reduced risk.

"So what I wanted to do was continue to create the software and make it the best solution for the enterprise space," he said. "At that point, I had such great working relationships with all these channel partners and IT providers, I just had this great network. I worked closely with enterprises, IT asset managers, school districts, universities and many of the service providers."

Nate made a hard right turn and the stage was set for the launch of Evercycle.

"At that point, I was like, OK, I know too much," he said. "I packaged all of this up into something scalable and really focused on the customer experience, which is so weird-that had not been addressed by anyone else in the market before."

Nate created his own niche, with a primary focus being all of the devices that Fortune 500 companies had circulating, with a tremendous amount of data, that made these firms vulnerable to security breaches. With IT asset managers within large organizations managing a great deal of manual work-working with different vendors, in different regions, in different time zones-the timing was ripe for Evercycle's vision to take hold.

"I became obsessed with trying to generate a solution and I knew exactly how I would do that," Nate said, "I knew exactly how I would package it and scale it up."

"So finally, I was like, I just have to do this, I have to lead this myself," he said. "I'm not gonna get distracted."

And with that, Evercyle was launched.

"It's been exciting, honestly," he said. "We've already had successful case-studies solving for enterprises, including the world's largest cloud CRM and the world's largest restaurant chain; and more solving for scalability, accountability and circularity in ways that have never been done before in this space. Industry experts with over 30 years in this space are asking me how we accomplished this."

Visit evercycle.io for information.

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