Liquid Technology, an industry-leading IT asset disposition (ITAD) service provider, recently unveiled the results of its mid-year customer survey to the public. The customer survey focused on the impacts that tariffs have created throughout the IT sphere and investigated how shifting policies have affected vendors, clients, brand considerations, IT expenses or other variables. Releasing the results of the survey to the public provides critical insight into how attitudes, priorities and actions are changing for enterprises across the technology space in the wake of these disruptions and helps businesses make informed decisions for the future.
Changing tariffs on technology equipment are reshaping the playing field of international business. As a result, many importers, vendors, retailers and even users throughout the technology sphere are increasingly uncertain about how evolving legislation will impact their future. To help ease the worry, Liquid Technology’s mid-year customer survey gathered a variety of responses from its clients with the goal of providing clarity to businesses and individuals. Interestingly, the survey noted that only 19 percent of respondents are expediting IT purchases due to the possibility of imposed tariff increases. Similarly, when asked to rate how much the tariffs are impacting their organization on a scale of 1-100, respondents gave an average rating of 38.
Respondents noted that the main concerns with tariffs primarily pertain to cost considerations and levels of spending, and the survey reports that respondents are most concerned with Apple, Dell and HP raising their prices in the face of changing legislation. These concerns are valid, as Apple recently experienced a loss of 5.2 percent as a result of the tariffs’ impacts on the company’s products. Big Tech, including Microsoft, Apple and Amazon, was hit particularly hard by the tariff increase, losing a combined $162 billion in shareholder value. Interestingly though, the results of the survey revealed that increasing tariffs are not yet causing a rise in cloud or cloud service appeal. Liquid Technology’s customers reported that vendors are currently reaching out to clients to further investigate and quantify tariff impacts.
“While tensions are high and concerns about the possibly damaging impacts of changing legislation are on the rise, this survey lets us know that our clients are remaining steady in their operations,” comments Richard Greene, Managing Partner at Liquid Technology. “We’re pleased to offer some peace of mind during this time with this report, and although tariffs are not currently causing a major push toward the cloud, we are ready to serve as a trusted partner to businesses if they decide to make that switch to safeguard against potential spending concerns.”
As a leading e-waste recycling service provider, Liquid Technology’s complete, end-to-end equipment disposition services are e-Stewards Certified, R2 Certified, and ISO 14001 Certified to ensure all needs and regulations are met with unparalleled ease for businesses. The asset retirement process, when managed correctly, offers greater security, maximized ROI, and minimized business risk.
To read the full results of the survey, please click here.
To learn more about Liquid Technology and their take on the tariffs, please email email@example.com or call 1-800-797-5478.