oceantech it asset disposition
OceanTech is a privately held IT asset disposition and data center decommissioning specialist, founded in 2005 and headquartered in Eden Prairie, Minnesota. It serves Fortune 500 companies, government agencies, healthcare, financial, and education clients with secure data destruction, IT equipment buyback, and nationwide logistics.
- Company typePrivate
- Founded2005
- HeadquartersEden Prairie, United States
- Headcount—
- GTM typeB2B
- OfferingServices
What oceantech it asset disposition does
OceanTech is a privately held IT Asset Disposition (ITAD) and data center decommissioning specialist founded in 2005 and headquartered in Eden Prairie, Minnesota. The company provides end-to-end services across three core product lines: Data Center Services (de-racking, lift-and-shift, dismantling, and compliant removal of hyperscale, colocation, and enterprise infrastructure), Data Sanitization (NIST 800-88r1-aligned software erasure plus physical destruction via shredding and degaussing across three configurable service levels), and Buyback & Revenue Share (purchase and remarketing of laptops, desktops, servers, networking gear, and mobile devices with transparent tested-resale value determination).
The underlying technology stack centers on WipeOS, OceanTech's proprietary data destruction software, supplemented by a real-time customer tracking portal (otportal.makor-erp.com) that provides asset-level visibility, ESG reporting, and document access throughout the decommissioning workflow. Service delivery is enabled by a combination of owned trucks and contracted logistics partners covering all 50 US states plus international locations, with GPS-tracked chain-of-custody on every engagement. Certifications include R2V3 (SERI), NAID AAA, ISO 9001, ISO 14001, ISO 45001, HIPAA, and GDPR, supporting procurement in regulated verticals.
OceanTech operates a sales-led, enterprise field-sales go-to-market motion targeting Fortune 500 companies, government agencies, universities, healthcare organizations, financial institutions, telecom carriers, and other regulated verticals, with dedicated project managers assigned as single points of contact and a primary CTA built around an RFP/RFQ invitation model. Revenue is generated through three mechanics: professional services fees for decommissioning, data sanitization, and logistics; transactional buyback/resale revenue share on remarketed equipment; and long-tail multi-year enterprise contracts. No revenue, headcount, funding, or ownership data is publicly disclosed.
oceantech it asset disposition firmographics
Firmographics- Name
- oceantech it asset disposition
- Legal name
- OceanTech
- Website
- https://oceantechonline.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Short description
- OceanTech is a privately held IT asset disposition and data center decommissioning specialist, founded in 2005 and headquartered in Eden Prairie, Minnesota. It serves Fortune 500 companies, government agencies, healthcare, financial, and education clients with secure data destruction, IT equipment buyback, and nationwide logistics.
- Ownership category
- akta.pro rank
oceantech it asset disposition industry classification
Industry- Product category
- IT Asset Disposition (ITAD) and Data Center Decommissioning
- NAICS
- Electronic and Precision Equipment Repair and Maintenance (81121), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370), Services-Equipment Rental & Leasing, Nec (7359)
- akta.pro primary industry
- IT Asset Disposition (ITAD) & Secure Data Erasure (BPAEAOAK)
- akta.pro secondary industries
- IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling) (BPALAIAA), Data Destruction Services (On-site/Off-site, Media Sanitization) (BPALAIAC), Enterprise Hardware Recycling (Servers, Storage, Networking) (BPALAIAI), Certified Compliance & Reporting Services (R2/e-Stewards, Audit, ESG) (BPALAIAL)
Keywords
Where oceantech it asset disposition is headquartered
LocationHeadquarters
- HQ city
- Eden Prairie
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
oceantech it asset disposition business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Data Center Decommissioning Services: End-to-end infrastructure retirement and migration services for hyperscale, colocation, and enterprise environments. Covers secure de-racking, dismantling, and compliant removal of all equipment including servers, racks, networking gear, power equipment, and cooling infrastructure.
- IT Equipment Buyback & Revenue Share: Purchase and remarketing of IT equipment including laptops, desktops, tablets, mobile devices, networking gear, servers, switches, routers, and monitors. Provides upfront competitive quotes matching or beating manufacturer buyback programs with final value based on actual tested and resold equipment.
- Data Sanitization & Destruction: Certified data destruction services performed onsite or offsite. Covers software erasure, physical destruction, shredding, and degaussing with audit-grade reporting and certificates of data destruction.
- Logistics & Chain-of-Custody Services: Secure logistics services including own fleet and contracted logistics partners for timely removal across all 50 states and internationally. Includes GPS tracking and storage capabilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom enterprise project pricing based on scope and requirements |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels9 records
oceantech it asset disposition product offering
Product offeringCore offering
OceanTech provides enterprise IT Asset Disposition (ITAD) and data center decommissioning services, covering end-to-end infrastructure retirement for hyperscale, colocation, and enterprise environments. Its offerings combine certified onsite and offsite data sanitization (with the proprietary WipeOS tool and NIST 800-88r1, DoD, and Gutmann-compliant wiping, plus physical destruction), IT equipment buyback and revenue-share remarketing for laptops, desktops, servers, networking gear, and mobile devices, and secure logistics with documented chain-of-custody.
Product overview
OceanTech offers a unified IT Asset Disposition (ITAD) platform combining Data Center Services, Data Sanitization, and Buyback services. The Data Center Services module handles end-to-end decommissioning including de-racking, lift-and-shift projects, and power equipment removal. Data Sanitization provides certified data destruction with three service levels ranging from software erasure to physical destruction. The Buyback module enables value recovery through remarketing of laptops, desktops, servers, networking gear, and mobile devices with profit-sharing. An Online Portal provides real-time project tracking and ESG reporting, while Secure Logistics ensures chain-of-custody throughout transportation.
Differentiator
Problem solved
Functional benefit
Products and services
- Data Center Services End-to-end data center decommissioning for hyperscale, colocation, and enterprise environments, including de-racking, physical teardown, lift-and-shift projects, power equipment removal, and on-site data sanitization, delivered with dedicated project management and audit-ready documentation.
- Data Sanitization Certified onsite and offsite data destruction services with three service levels: Level 1 standard compliant erasure with Certificate of Destruction, Level 2 full compliance with detailed device reports, and Level 3 physical destruction of all data-containing media with comprehensive documentation. Supports NIST 800-88r1, DoD 5220.22-M, and Gutmann wiping standards via the proprietary WipeOS tool, with chain-of-custody documentation and certificates of destruction.
- Buyback & Revenue Share IT equipment buyback and profit-sharing program for laptops, desktops, tablets, mobile devices, servers, routers, switches, and monitors. Provides transparent valuation, secure handling, and revenue-sharing to maximize recovery value from retired IT assets, with upfront quotes matching or beating manufacturer buyback programs and final values based on actual tested and resold equipment.
Quantifiable outcome
- Maximum ROI on decommissioned data centers and IT assets through end-to-end management and resale
- +2 more outcomes
Companies that use oceantech it asset disposition
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles2 records
oceantech it asset disposition technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
oceantech it asset disposition partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- 4OceancoreOceanTech is a proud supporter of 4Ocean, an organization dedicated to ending the ocean-plastic crisis by removing trash from oceans, rivers, and coastlines. 4Ocean deploys full-time captains and crews year-round to recover plastic waste, funded through products like bracelets made from recycled materials.
- Coral Restoration FoundationcoreOceanTech partners with Coral Restoration Foundation, a non-profit dedicated to preserving and restoring coral reefs in the Florida Keys and beyond. The organization employs innovative techniques such as Coral Tree Nurseries and active restoration of genetically diverse reef-building corals, having returned hundreds of thousands of critically endangered corals to the wild.
- Coral Reef Alliance (CORAL)coreOceanTech is a supporter of the Coral Reef Alliance, one of the largest global NGOs focused exclusively on protecting coral reefs. For nearly 30 years, CORAL has used cutting-edge science and community engagement to reduce direct threats to reefs and promote scalable solutions for their protection.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
oceantech it asset disposition competitors and assessment
Company assessmentEmerging players
- Sage Sustainable Electronics: Sage Sustainable Electronics is a US ITAD and electronics refurbishment provider with focus on certified data destruction and resale of retired enterprise IT assets. It overlaps with OceanTech's services, particularly for enterprise customers seeking certified, sustainable ITAD.
- IT Renew (part of ERI): IT Renew focuses on enterprise hardware resale and ITAD with an emphasis on cloud and hyperscale decommissioning. It represents an emerging player overlapping with OceanTech in data center decommissioning and large-volume IT asset remarketing.
Direct peers
- Liquid Technology: Liquid Technology is a US ITAD provider specializing in data center decommissioning, IT asset remarketing, and certified data destruction. It is a direct mid-market competitor to OceanTech with a comparable service portfolio and enterprise focus.
- Cascade Asset Management: Cascade Asset Management is a US-focused ITAD provider offering certified data destruction, IT asset remarketing, and electronics recycling with a comparable enterprise focus. It is a head-to-head competitor to OceanTech in the mid-market and enterprise ITAD space.
- Sims Lifecycle Services: Sims Lifecycle Services (part of Sims Limited) is a global ITAD specialist offering data center decommissioning, secure data destruction, and IT asset remarketing. It is one of OceanTech's closest direct competitors in the enterprise and hyperscale ITAD segment, with comparable service breadth.
- Synetic Technologies: Synetic Technologies is a US-based ITAD and electronics recycling provider offering certified data destruction and IT asset remarketing. It is a comparable mid-sized direct competitor serving enterprise and government ITAD customers.
- ERI (Electronic Recyclers International): ERI is one of the largest US-based ITAD and e-waste recyclers, offering certified data destruction, IT asset remarketing, and data center decommissioning. It directly competes with OceanTech on enterprise ITAD contracts, particularly in regulated verticals.
Broad incumbents
- Iron Mountain: Iron Mountain is a large, publicly traded incumbent offering IT asset disposition, secure data destruction, and data center decommissioning as part of a broader records and information management portfolio. It competes directly with OceanTech on enterprise and hyperscale ITAD RFPs but operates at materially greater scale and global footprint.
- HP Planet Partners / Asset Management Services: HP's OEM-sponsored IT asset management and recycling programs compete for disposition of HP enterprise hardware. It is an OEM-led incumbent offering overlapping ITAD and remarketing capabilities to enterprises, often embedded into HP hardware sales contracts.
- Dell Asset Recovery Services: Dell's OEM-sponsored asset recovery and take-back program competes for end-of-life Dell hardware disposition. While broader in scope (as part of Dell's enterprise hardware portfolio), it overlaps directly with OceanTech's buyback and ITAD services on Dell-installed enterprise fleets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
oceantech it asset disposition social profiles
Digital presenceoceantech it asset disposition compliance and trust
Trust signalCompliance9 records
oceantech it asset disposition financial estimates
Financial estimateRevenue estimate
Valuation estimate
oceantech it asset disposition leadership team
Management profileNumber of profiles
oceantech it asset disposition funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
oceantech it asset disposition M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about oceantech it asset disposition
What does oceantech it asset disposition do?
OceanTech provides enterprise IT Asset Disposition (ITAD) and data center decommissioning services, covering end-to-end infrastructure retirement for hyperscale, colocation, and enterprise environments. Its offerings combine certified onsite and offsite data sanitization (with the proprietary WipeOS tool and NIST 800-88r1, DoD, and Gutmann-compliant wiping, plus physical destruction), IT equipment buyback and revenue-share remarketing for laptops, desktops, servers, networking gear, and mobile devices, and secure logistics with documented chain-of-custody.
Is oceantech it asset disposition a public or private company?
oceantech it asset disposition is a private company. It is classified as unknown and is currently operating.
When was oceantech it asset disposition founded?
oceantech it asset disposition was founded in 2005.
Where is oceantech it asset disposition based?
oceantech it asset disposition is headquartered in Eden Prairie, United States, in the North America region.
How does oceantech it asset disposition make money?
Four revenue lines are on record. Data Center Decommissioning Services are the primary driver. The others are IT Equipment Buyback & Revenue Share, data Sanitization & Destruction and logistics & Chain-of-Custody Services.
Who are oceantech it asset disposition's main competitors?
Emerging players on record are Sage Sustainable Electronics and IT Renew (part of ERI). Direct peers are Liquid Technology, Cascade Asset Management, Sims Lifecycle Services, Synetic Technologies and ERI (Electronic Recyclers International). Broad incumbents are Iron Mountain, HP Planet Partners / Asset Management Services and Dell Asset Recovery Services.
Does oceantech it asset disposition have an API?
No public API is recorded for oceantech it asset disposition.
What industry is oceantech it asset disposition in?
oceantech it asset disposition's product category is IT Asset Disposition (ITAD) and Data Center Decommissioning. Its primary akta.pro industry code is BPAEAOAK, IT Asset Disposition (ITAD) & Secure Data Erasure, with a secondary code of BPALAIAA, IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling). Its NAICS code is 81121 and its SIC code is 7373.