Everyone can benefit from prolonging the life of IT products, and the interest in sustainable IT is growing. With our circular subscription model, Device as a Service (DaaS), we make it possible for customers to reduce their climate footprint and simplify their operations.
“Our ambition is to drive the development of circular IT. With our business model, we offer a longer lifetime and increase value of IT products by giving them multiple life cycles. We also ensure that as much as possible of the used products are recycled,” says Ove Lidström, Head of Business Development and Innovation at Foxway.
Circular IT is a relatively new concept that, in short, means computers, cell phones and other technical devices have more than one life and are handled in a sustainable way. We believe that we are the company that has come the furthest in this area. Today, we are a leader in Europe when it comes to circular management of IT devices.
From linear to circular
Few people know that the climate impact of the IT industry today is higher than from the aviation– industry. With our Device as a Service solution, we want to enable companies to make sustainable decisions and therefore move from linear consumption to circular use of IT devices.
“By acting circular, we can help our customers and partners contribute to a more sustainable society. With our circular solutions, customers get access to high quality IT-products and a reduced carbon footprint as a result,” says Ove Lidström.
He continues:
“It’s about how carbon emissions are reduced by extending the life of the products, increasing the utilization rate and then systematically recycling the materials, making them new products and not disappearing as waste.”
Complete solution through Foxway
We manage the entire lifecycle in-house, making it easier for customers to get a complete solution through one partner. Flexibility is another key benefit of Foxway’s Device as a Service, allowing organizations to scale up and down the number of devices depending on their business needs. The subscription model also means that IT equipment becomes a predictable and ongoing monthly subscription cost, and when the equipment needs to be upgraded, no major investment is therefore required. We consider the residual value when setting the monthly cost, which makes it cost-effective for the customer.
All IT–products that arrive or return to us at Foxway are registered in a digital platform where all information is collected. Customers can also access sustainability data, either through a self-service portal or in their own systems if they are integrated with Foxway. It shows the pure climate impact and how much carbon dioxide emissions the company has avoided by using recycled products.
Four lives
“In the case of phones, these can be reconditioned with, for example, a new battery and cord so that they can be used again. The goal is to be able to give products more than one life and the furthest we’ve gone so far is with an iPhone that has been given four lives through our system. Our services are about making a real difference to the circular economy in the industry,” Ove Lidström concludes.
Enterprise Public Sector
