Leasing devices for a sustainable lifecycle model with SavannaX

A leasing agreement has its pros and cons. On one hand, a company can free up capital through a device leasing agreement, but it loses its flexibility when the leasing company lays out the terms. In these situations, it is important to understand the company's advantages in managing the lifecycle of its devices.

What you should pay attention to when making a leasing agreement:

• Make sure that the agreement is flexible and allows for up to 5 years of use for the leasing devices. So, don't accept strict 3- or 4-year periods without flexibility for extension periods.

• Negotiate extension leases to make them sensible and cost-effective. Do not overpay under any circumstances. The monthly cost of the device should drop to at least a third of the monthly rent for the first extended period (in the SwanIT leasing model, it drops to 1/6).

• Get a 5-year warranty on the device from the beginning, as this is cheap when buying the device.

How does SavannaX enable a flexible lifecycle model? 

• SavannaX produces health data for devices to support lifecycle management decision-making.

• There is no longer a need to look at the calendar for device replacement cycles. Instead, companies can monitor their devices in SavannaX and plan renewals based on their actual condition.

• With the help of SavannaX data, you can plan device replacements flexibly and save on device replacement costs in addition to saving on device investments, as possible unnecessary mass replacements become a thing of the past.

Getting started with SavannaX takes only minutes, and you can access your device health data as early as the same day.

You can check out our demo, and we will be happy to discuss with you more about the implementation of SavannaX and the transition to the modern age.