Fortune 10 Oil Company

How a Fortune 10 Oil Company Turned Idle Devices into $127K in Q3

Industry

Oil & Gas · Energy & Technology

Company Size

10,000+ employees

Regions

North America · EMEA · APAC

Services

Global Asset Recovery, IT Lifecycle Automation

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Key Success Metrics

Value Recovered

$127K

Recovery Rate

94%

Chain of Custody

100%

Employees Supported

10,000+

About the Client

This Fortune 10 oil & gas leader operates across continents, with a large geographically dispersed IT estate. The company required a structured solution to capture value from dormant devices, improve security and compliance, and align IT spend with financial transparency.

The Challenge

The company was grappling with:
  • Lost, unattended devices old laptops, phones, and peripherals sitting in storage or with former staff.
  • Fragmented asset recovery practices across regions led to inconsistent yields.
  • Compliance risk due to weak or undocumented chain-of-custody and potential data exposure.
  • Limited financial visibility in incomplete asset tracking led to lost ROI opportunities and increased IT scrap value.

“We were losing money and visibility on devices sitting unused or never returned. It was a gap we couldn’t ignore.”

– Director of IT Operations

The Solution

The enterprise implemented a unified, automated recovery system with these core elements:
  • Standardized global workflows for device retrieval, regardless of location.
  • Automated logistics & reminders to prompt returns and reduce manual chasing.
  • Secure packaging and data erasure helped in maintaining full chain-of-custody.
  • Integration with IT/Finance systems and dashboards to report recovered value and status in real time.

“Unduit gave us confidence in both compliance and cost savings. Their recovery process paid for itself within one quarter.”

– VP of Infrastructure

The Results

Before Unduit

Untracked

Devices left idle

Recovery

Inconsistent or ad-hoc

Exposure

Compliance & audit

Lack of Visibility

in Finance

After Unduit

$127K

Recovered in 90 days

94%

Global recovery rate

100%

Secure, auditable workflows

Dashboards

Bridging IT & Finance

“In just three months, Unduit helped us recover over $127K in unused devices while achieving a 94% global recovery rate. That’s not theoretical savings, it’s real money back in the business, with compliance assured.”

– CIO

About Unduit

Unduit is a global IT Asset Lifecycle Management provider helping enterprises streamline provisioning, procurement, ITAD, compliance, and retrievals. With automation and worldwide coverage, Unduit empowers IT teams to cut costs, reduce risk, and scale seamlessly. See your potential savings: Use our ROI Calculator to measure how much your organization could save with lifecycle automation.

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