ARTICLE

How Renting IT Equipment Works for Multinational Companies

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June 19, 2026

Yes, large companies can rent their workplace IT equipment instead of buying it. The enterprise version of renting is called Device as a Service (DaaS): a multi-year contract where laptops, smartphones, and other workplace devices are rented at a monthly price per device that also covers configuration, delivery, support, replacement, and secure retirement. For multinational companies, the model’s main effect is that one contract replaces per-country purchasing and per-country support. 

Can we rent IT equipment instead of buying it for a global workforce? 

Yes, and at enterprise scale this is an established operating model, not an improvisation. Instead of buying devices as assets (CapEx), the company pays a monthly price per device (OpEx). devicenow, for example, rents workplace devices to enterprises with 1,000 or more IT seats across 190+ countries under a single contract. 

The rental framing usually starts as a financing question and turns out to be an operations question. The monthly price is not only for the hardware; it covers the work around the hardware, which is where global fleets generate most of their cost. 

How does renting workplace IT work in practice? 

The cycle has four stages, all inside the monthly price: 

  1. Selection and delivery. Devices from all major brands are chosen from a standardized catalog, configured before shipping (staging), and delivered to the employee ready to work, with zero-touch deployment instead of local IT setup. 
  1. Use and support. During the rental term, support and repairs run through the provider. A defective device is swapped for a working one; devicenow replaces devices next business day in all key markets. 
  1. Refresh. At the end of the device’s cycle, it is replaced with current hardware. The fleet does not age on the company’s balance sheet. 
  1. Return and retirement. Returned devices go into data erasure and then reuse, refurbishment, or recycling, in line with Circular Workplace IT. 

Which companies rent laptops and IT equipment to large enterprises worldwide? 

Three kinds of providers rent IT hardware, and they serve different needs. Short-term rental companies cover temporary demand such as events and projects. Leasing companies finance hardware over multiple years but leave the operations with your IT team. Device as a Service providers rent the standard workplace fleet long-term with the lifecycle services included; this is the category built for multinational fleets. 

devicenow is a DaaS provider built specifically for that third case: enterprises with 1,000+ IT seats, all major device brands, 190+ countries, one contract. OBI, for example, runs approximately 31,000 rented devices with devicenow across 10 European countries. How to evaluate providers in this category: see How to Choose a Device as a Service Provider

What does the monthly price per device include? 

In a DaaS contract, the monthly price covers the device itself plus the lifecycle services: procurement, configuration, last-mile delivery, support, swap, and End-of-Life processing including data erasure. That is the practical difference from a leasing installment, which covers financing only. The full comparison of renting, leasing, and buying, including a decision table, is in [Article 3: Device as a Service vs. IT Equipment Leasing]. 

What happens at the end of the rental? 

Devices return to the provider, data is erased, and the hardware moves into a second life through reuse or refurbishment, or into certified disposal. For the company, end of rental means a refreshed fleet without a disposal project; for sustainability reporting, it means the fleet runs inside a circular model rather than a buy-and-scrap cycle. 

For multinational companies, renting IT equipment is an operating model with an established name. Whether you call it renting, subscribing, or Device as a Service, the mechanics are the same: one monthly price per device, one contract across your entire footprint, and the lifecycle work handled by the provider instead of your IT team. The useful next step is mapping the model to your specific fleet: how many seats, which markets, which device categories.

Let’s discuss your device fleet


FAQ

Can a company rent laptops instead of buying them? 

Yes. For enterprises, laptop rental runs as Device as a Service: a monthly price per device that covers the hardware plus configuration, support, replacement, and retirement, under a multi-year contract.

What is enterprise IT equipment rental called?

The established term is Device as a Service (DaaS). If you search in rental or leasing vocabulary, DaaS is the model you will be comparing against; the terms describe the same direction, renting instead of owning, at different service depths.

How much does it cost to rent IT equipment for a company?

Enterprise rental is priced as a monthly fee per device, depending on the device category, the service scope, and the contract term. There is no meaningful list price without those three inputs.

Does rented IT equipment come configured?

In a DaaS model, yes. Devices are staged before delivery and arrive ready for first login (zero-touch deployment), without local IT involvement.

Who owns the devices in a rental model?

The provider owns the hardware throughout. The company pays for use, and the devices return to the provider at the end of the term for data erasure and reuse, refurbishment, or disposal.

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