Techfund
Our glossary explains basic terms and abbreviations relating to mobile working, the use of smartphones and tablets in the corporate environment (Enterprise Mobility) and security aspects in the use of mobile devices.
Techfund
Credits for mobile devices
Techfund refers to credits from mobile network operators (or mobile providers) for hardware. Companies can use these to purchase mobile devices from the operator/provider at a fixed amount.
As part of an operating cost analysis to determine the total cost of ownership, it should be noted that the use of a techfund usually extends the term of existing mobile communications contracts. If bundles with subsidized hardware are involved, a business phone plan with a basic fee that is actually too high is therefore extended, which considerably reduces the cost benefits of the techfund. Analysis can then be used to identify alternative strategies, such as a buy-and-rent-back scenario or a rental model for company cell phones.