One to Watch

A Growing Cloud

         
At a Glance

Company: CloudBlue Technologies Inc.

Principals: CEO Ken Beyer (pictured above) and Chairman Randy Altschuler   

Headquarters: Norcross, Ga.

Year Established: 2001       

No. of Employees: More than 250

Website: www.cloudblue.com

Services Provided: E-scrap management, asset recovery and product return services for electronic assets

Norcross, Ga.-based CloudBlue Technologies Inc. was formed in 2001 with the goal to build the world’s leading e-scrap management services and electronics returns company, says CEO Ken Beyer.

In the last decade, CloudBlue has grown to provide services in more than 145 countries, Beyer says.

CloudBlue has grown in part by implementing best-in-class processes and technology, he says.
 
“CloudBlue’s services and proprietary technology reduce the risk, cost and complexity associated with securely managing the return and disposition of electronics across multiple global locations in an environmentally compliant manner.”

Beyer tells Recycling Today where his company is today and where he thinks it is headed in the future:


Q: What is the scope of your operation?

A: We have 40 global company and partner locations, a full chain-of-custody security framework, an online asset tracking portal and are certified in environmental compliance. Our customers include Fortune 1,000 companies in the education, retail, financial services, health care, insurance, consulting, legal, manufacturing and media industries. We cater to customers that are brand conscious and focused on data security with a high volume of electronics.
CloudBlue is processing more than 40 million pounds of electronics annually, including enterprise IT assets, data center equipment, consumer electronics, mobile devices and other electronic equipment.


Q: Where do you see your company five years from now?

A:
Demand for secure, environmentally compliant professional services to manage electronics returns and asset disposition will grow dramatically over the next five years, according to industry analysts. CloudBlue will be leading advances in new technology, processes and strategic relationships that will shape this global market. We will listen to the expanding needs of our customers to create world-class solutions that cover a broader range of asset categories and related services.
 

August 2011
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