Techstep signs strategic partnership agreement with devicenow for Lifecycle Portal
Techstep has entered into a strategic partnership agreement with devicenow, a global provider of subscription-based IT devices, to introduce Lifecycle Portal to a wider customer base worldwide.
Lifecycle Portal is Techstep’s proprietary software for automated device lifecycle management. It enables customers to control every lifecycle event of their device estate from purchase and onboarding to offboarding and recycling. Lifecycle Portal allows customers to free up time, reduce cost, and adopt more sustainable practices in device handling.
Devicenow, a German-based company and part of the CHG-MERIDIAN Group, has a global reach across 190 countries and serves several major global customers. Devicenow’s vision is to become the leading player in the global DaaS marketplace with environmentally conscious IT device subscription, a market that is expected to grow from about USD 30 billion at the beginning of the decade to almost USD 500 billion in 2028. Through the strategic partnership with devicenow, Techstep increases its global reach whilst devicenow can add further great value to their offering through the Lifecycle Portal. Besides new customers, existing customers have the option to migrate over time.
The collaboration aims to enhance the value proposition and user experience for devicenow’s global customers while supporting their sustainability objectives and circular economy approach. Furthermore, the agreement presents opportunities to incorporate Techstep’s managed services into devicenow’s portfolio.
“Techstep’s lean and user-friendly lifecycle portal offers a great contribution to our global solution and fits perfectly well to our strategy of making the lifecycle management for our customers as simple possible”, says Steffen Reichmann, Managing Director of devicenow.
The partnership with devicenow is the first in Techstep’s revised indirect business model, where partner sales is an important channel for highly scalable solutions as own software and managed services.
“This partnership marks a pivotal moment for Techstep’s revised indirect business model and gives us a great opportunity to seize significant growth in a steeply growing market,” comments Morten Meier, CEO of Techstep, before concluding “Partner sales will be an important contributor for advancing Techstep towards its goal of becoming the leading mobile technology company in Europe”.
Techstep anticipates commencing the partnership with devicenow by the end of second quarter this year, initiating commercial training immediately. Additionally, Techstep is actively pursuing other significant partnerships and opportunities, with expectations to finalise agreements in the upcoming months.
Further information from:
Morten Meier, CEO, Techstep ASA, +47 97 05 77 17
Ellen Solum, CFO, Techstep ASA: +47 976 66 717
About Techstep ASA
Techstep is a mobile technology company that enables organisations to perform smartly, securely and sustainably through combining software, mobile devices and expertise to meet customers´ business and ESG goals. We are a leading provider of managed mobility services in Europe, serving more than 2,000 customers with an annual revenue of NOK 1.3 billion in 2022. The company is listed on the Oslo Stock Exchange under the ticker TECH. To learn more about us, please visit www.techstep.io.
About devicenow
Devicenow is a global provider of subscription-based workplace IT devices, enabling enterprises to enjoy standardised IT solution with the freedom of upgrades. Their approach is based on circular economy to make IT more sustainable, with lifecycle services from financing and device procurement to certified data erasure and remarketing. Devicenow is a professional start-up, a part of CHG-MERIDIAN Group, the European market leader in IT leasing with over four decades of experience in technology management. For more information, please visit www.devicenow.com
