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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Usage economy: definition

Usage economy is a term we are hearing more and more often. Some call it "economy of functionality", while others call it "service economy" or "circular economy" but all refer to a change in consumer behaviour that affects and disrupts the economy as a whole. The use of a good has become the priority, even more so than its purchase. What does this imply? From its history to its concrete definition, this article will allow you to know everything about the economy of use. We will also look at the opportunities it currently generates. Usage economy: a bit of...

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How the circular economy can help businesses become sustainable

As society becomes more mindful of the effect it has on the environment and takes steps to lessen this impact, we are beginning to see the business world follow suit. While the majority of organisations have traditionally relied on a linear business model, it has become clear that this way of operating follows a pattern of ‘take-make-waste’. Consequently, an increasing number of enterprises are beginning to explore the circular economy in order to become more sustainable. Underpinned by a transition to renewable energy sources, the circular economy seeks to redefine growth and focus on positive society-wide benefits. Through a...

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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.

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