Upgrading your company’s telecom equipment: bank on the usage economy

In the face of risk of obsolescence and the need to keep up with technological developments, Telecom equipment must be regularly upgraded. This obligation can however be an opportunity for your company to switch to the usage economy.

Renting your Telecom equipment will allow you to renew it affordably while limiting your impact on the environment. Two birds, one stone! Here’s how it works.

Telecom equipment: significant pressure to upgrade

Landline telephones, smartphones, internal switchboards: your company needs telecommunications equipment and will need to upgrade them from time to time. There are several reasons for this:

• The obsolescence that affects these devices, particularly cellphones.
• The need to upgrade Telecom assets to the latest models, in order to benefit from the latest technological developments. This way, you can enhance your employees’ efficiency and your company’s attractiveness to new employees.
• Regulatory rulings can make it necessary for your company to replace some of its Telecom assets. For example, the decision to phase out the copper wire-based telephone network in France means that companies must convert or upgrade their PABX telephone switchboards.

renting, a key element of the usage economy

You have two options to upgrade your Telecom equipment: renting it with the option of upgrading when the rental agreement is up for renewal; or purchasing it upfront then purchasing a new one when necessary.

By renting it, you won’t have to pay out a large initial sum of money as you’ll only have to make your fixed monthly payment. And there’s more:  renting telecom equipment also means that your company is taking an environmentally-friendly, a sustainable approach. By renting telephone assets, your company avoids using equipment which, once taken out of service, will be useless and go to waste.

By choosing to invest in such equipment, your company condemns them to storage cabinets once they’ve been replaced, which takes up space needlessly and can even prove costly in terms of office space rental costs. The other option is sending the obsolete equipment to the scrapyard, where it is useful for too short a period of time vis à vis the resources spent on its production. Rented equipment, on the other hand, is returned when no longer useful before being reintegrated back into the economic cycle, rented once more, or recycled. In other words, by opting for renting, you will reduce your company’s environmental impact.

So renting contributes to what’s known as the usage economy. The concept: to purchase or sell the use of equipment rather than the equipment itself, and to promote its re-use. It also contributes, therefore, to the circular economy.