Business

Fighting digital exclusion with the Schools Leasing Framework

What if companies were able to take the “farm to table” approach from the food sector to the tech bubble to fight against digital exclusion and e-waste? Econocom – an international provider of subscription models for servicing the technology needs of companies, as well as providing the financing and an e-waste plan for them and TechInclusionUK - a new social enterprise enabling digital inclusion – have joined forces to securely wipe and refurbish tech donated by Econocom. Notebooks and tablets have been refurbished to be distributed out to young people in education across Tower Hamlets, through a collaboration with...

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How do you "uberise" your business by stopping selling?

How did Uber become one of the leaders in transport without owning a car? This phenomenon has a name: Uberisation. By transforming itself into a platform and conceptualising a new business model, the company has created a new market, going so far as to question the existence of well-established players. Uber has revolutionised transport by dispensing of the historically established intermediaries and putting passengers and drivers directly in touch with each other. The customer experience has been reinvented and simplified: a simple application is all it takes to order a car at any time of the day or night....

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9 preconceived business notions about the usage economy

Being able to use an asset at any time without owning it? The concept is attractive. It is at the very heart of the usage economy, which is now everywhere in our daily lives: IT-as-a-service, mobile-as-a-service, furniture-as-a-service… Switching to the usage economy allows us to benefit from its many societal, environmental and financial advantages. It also contributes to the development of a whole new economic logic. However, even if the idea is gaining ground, mentalities are slowly changing. Many companies are still hesitant and cautious when it comes to giving up ownership of their assets. They consider the subscription...

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How to manage the risk of obsolescence

IT, stocks, infrastructure, security... nothing really escapes the risk of obsolescence. For a company, the product lifecycle is well known: Market introduction, Growth, Maturity, Decline and, inevitably, Obsolescence. What is now changing is that cycles are getting shorter and shorter, as manufacturers launch new ranges earlier to show innovation and maintain a competitive edge, thus ceasing to support older models. For a company, integrating obsolescence risks into their strategy is crucial. The transition to a new generation of products or systems is accompanied by increased productivity and/or safety. On the other hand, if badly anticipated, obsolescence can have a...

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10 benefits of as-a-service for companies

As-a-service or subscription model is the ideal solution for any company wishing to rent its goods to customers or to use an asset immediately with no upfront costs. Secure payment, simplified options, replacement of goods with high obsolescence... There are numerous benefits. What is a subscription? A subscription is a contract that gives a company the ‘right to use’ assets from a dedicated supplier. The contract is for a set period of time, determined in advance. At the end of the contractual period, the customer can choose to continue paying for and using the assets or simply return them....

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Econocom designs, finances and facilitates digital transformation for large companies and public organizations.
With 45 years of experience, the Group is the only market player to combine 360° expertise through project financing, equipment distribution and digital services, with a presence in 18 countries, more than 10,300 employees and sales revenue of 3 billions euros. Econocom is listed on Euronext in Brussels, Bel Mid and Family Business indices.

For further information : www.econocom.com