new cosvcon and csg partnership delivers unprecedented insight into financial opportunities for it estates

 

Right technology, right place, right time, right cost

 

New COSVCON and CSG partnership delivers unprecedented insight into financial opportunities for IT estates

WEEE Systems, an innovator in technology lifecycle management, today announces a new partnership between its COSVCON business unit, and CSG, the award-winning managed service and asset finance provider. Together, COSVCON and CSG now provide full asset level visibility of the Total Cost of Ownership (TCO) of an IT estate, from selection to retirement, designed to inform and enable necessary future investment through tailored structured financing on optimal terms.

COSVCON tracks the changes in Cost versus Contribution of the assets in an IT estate, providing concise, current information, which allows TCO to be managed and reduced. Its accurate analysis and dashboard views enable finance and IT teams to proactively manage the individual assets throughout their lifecycle, and their transformation at retirement through a strategic e-waste approach that also drives compliance.

“WEEE Systems’ partnership with CSG is designed to help any organisation striving to optimise its existing IT estate whilst embracing new demands for investment to deliver even greater efficiencies,” said Bob Clarke, CEO, WEEE Systems. “CSG’s forward-thinking approach to creating smart financial instruments to meet these needs matches our own new thinking in IT asset management and responsible yet profitable e-waste transformation. Together, we offer a real opportunity to put CFOs and CIOs on the same page to run an optimum IT estate to support their overall business goals.”

COSVCON and CSG have come together to address three current problems for IT and finance teams in commercial and public sector organisations: keeping pace with IT refresh cycles in times of austerity and budget cuts; managing finances to hit business objectives, and communication between two departments which ‘speak’ different languages. The partnership allows organisations to plan strategic ICT equipment refreshes in the face of stringent budget constraints.

“CSG brings a pragmatic approach to the financing of Capital Expenditure that meets the changing needs of our clients,” said David Jackson, CEO, CSG. “We believe that our partnership with COSVCON offers a means for commercial and public sector organisations to keep pace with technology whilst meeting changing accounting standards and restricted CAPEX budgets.”

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About WEEE Systems

WEEE Systems is a trusted and reliable partner for leading, responsible organisations that require large-scale business and professional E&E infrastructure and equipment recycling, connecting and streamlining the value chain, reducing overall costs as well as creating new revenues and business opportunities for its clients and partners.

The company is committed to a transparent ‘Reduce, Reuse, Repurpose and Recreate’ materials transformation ecosystem that is built around each client’s specific requirements.

For further information, please visit http://www.weeesystems.com

About COSVCON

COSVCON tracks changes in the Cost versus Contribution of the assets of an organisation’s IT estate. It aggregates company-wide data to provide concise, current information, which allows Total Cost of Ownership (TCO) to be managed and reduced throughout its lifecycle – from Selection to Retirement. It enables finance and IT teams to make informed decisions together on IT purchases and cost-effective and sustainable Asset Retirement Programs (ARP). COSVCON is a business unit of WEEE Systems Ltd.

For further information, please visit http://www.cosvcon.com

About CSG

Capital Solutions Group (CSG), provides structured financing solutions to large corporate clients and the Public Sector, typically for the acquisition of technology assets. Changes in the funding and legislative environment have left many lenders unable or unwilling to meet their clients changing financing requirements. CSG addresses this through a consultative approach which aims to model structures which maximise ROI for their clients, meet current accounting requirements, and enable full visibility of their assets and the real costs of ownership.

Over the last two years CSG has positioned itself as a leading player supporting it’s clients in investment into Renewable Technologies to help them meet their Carbon targets. Several successful projects are already delivering substantial cost and carbon savings to Public Sector clients.

CSG has placed for a three consecutive years in the Virgin Sunday Times Fast Track 100 listing of the UK’s fastest growing privately owned businesses.

For further information, please visit  http://www.csg-lease.co.uk/

Press contact

Lucy Houghton

020 7680 5500

cosvcon@chameleonpr.com