BNP Paribas 3 Step IT, the joint venture (JV) between 3stepIT and BNP Paribas Leasing Solutions, said it has started operations in Germany.
Founded in 2019, the JV is operational in France, Italy and the UK, with other countries expected to open for business later this year, the JV said in a statement.
BNP Paribas 3 Step IT offers mid-market, enterprise and public sector organisations a technology lifecycle management targeted at IT managers to aid in the acquisition, management and refresh of business technology in a sustainable manner.
According to the JV owners, the proposition gives IT managers complete control and visibility of all IT devices on the company network and minimises device downtime and IT security risks by providing real-time insights into device health.
It also features a powerful reporting engine which details every asset by user, cost centre, product group and location.
The JV operates five refurbishment centres that allow customers to send redundant IT devices to be refurbished, helping to extend the life of the device through reuse, the company said.
According to a press release, the company said: “In 2019, we processed over half a million devices, with 98% of end-of-lease devices given a second life.
“By managing obsolete and end-of-lease IT devices in this way, BNP Paribas 3 Step IT helps customers to reduce their electronic waste by half and CO2 emissions by 36%.”
The JV combines 3 Step IT, a provider of manufacturer-independent technology lifecycle management, with European lessor BNP Paribas Leasing Solutions.
The JV offers a bespoke service to customers looking to deploy essential business technology that includes smartphones, laptops, desktops and servers, to entire data centres and complex networks, the company said.
3 Step IT
Carmen Ene, chief executive of 3 Step IT (pictured), said: “We are happy to bring our solution to corporate and public sector bodies across Europe.
“BNP Paribas 3 Step IT offer a sustainable approach to consuming technology and helps to make the circular economy a reality for many businesses that are actively looking to reduce their environmental footprint.”
Charlotte Dennery, chief executive of BNP Paribas Leasing Solutions. said: “Since the announcement of our joint venture, we have received many inquiries from companies. This shows us that technology lifecycle management fulfils a need for many companies to manage their IT estate that is in line with their social responsibility charter.
“Sustainability is increasingly becoming an important differentiator for customers, partners and investors. This joint venture meets the needs of our customers and contributes to the BNP Paribas Group’s strategy of supporting circular economy initiatives.”