Cookie policy: This site uses cookies (small files stored on your computer) to simplify and improve your experience of this website. Cookies are small text files stored on the device you are using to access this website. For more information on how we use and manage cookies please take a look at our privacy and cookie policies. Some parts of the site may not work properly if you choose not to accept cookies.

sections

Close Brothers Group recycles data center, breaks even

  • Print
  • Share
  • Comment
  • Save

Close closes data center

Merchant banking group Close Brothers Group has disposed of some data center assets while moving out of a South London office block, breaking even on the deal, and covering the migration costs. 

The London-based business moved out of the Tolworth Tower, a 1960s landmark in Kingston, Surrey, just south west of London during the past year. The company’s technology services team was given a seven-week deadline to dispose of the assets in a cost effective way.

tolworth tower geograph

Tolworth Tower 

Source: Geograph.co.uk / Wikimedia

Tolworth Tower, built in the 1960s, is close to the site of Ziggy Stardust’s first gig with the Spiders from Mars, in the Toby Jug pub

Merchant bank saves money

This deadline would normally have meant “pure disposal” was the only option, said Ian McVicar, MD of Close Brothers Technology Services the group, but the team managed to resell almost half of the hardware and cover migration costs.

“We approached the work as we would for one of our customers, where we aim to help them gain visibility of the true cost and value of their technology,” said McVicar. “Our first step was to identify the quantity and specification of every server and networking device, and then work out which assets could be resold.”

close brothers wimbledon

close brothers wimbledon

Source: Cattaneo Commercial

He continued: “These particular items were wiped to government standards onsite, with complete chain of custody and certification ahead of remarketing. The remaining assets had storage destroyed before certified environmental disposal.”

Close Brothers Group, Close Brothers Technology Services

Close Brothers Group

Source: Close Brothers Group

Danny Banks, IT Engineer at Close Brothers Group, added: “By identifying serial numbers for all data bearing devices, we had a clear chain of custody for data compliance.”

The group said that it vacated Tolworth Tower in Surrey on schedule, and has moved into nearby Bridge House, Wimbledon. 

Have your say

Please view our terms and conditions before submitting your comment.

required
required
required
required
  • Print
  • Share
  • Comment
  • Save

Webinars

More link