In the era of technological innovation, the growing demand for electronic products and equipment brought with it an urgent problem: what to do with the electronic devices that have come to an end? This challenge has amplified further due to the accumulation of obsolete or damaged IT equipment within companies and collection centers, often containing significant economic values that should be lost during normal disposal operations. From this need was born the Neakosm business idea.
The market context and the trend of the circular economy
According to a study conducted by Unctad (United Nations Conference on trade and development), by 2030 electronic waste is expected to reach 74 million tons per year. This phenomenon is partly fueled by the increase in the demand for new electronic devices by consumers. (Source: Unctad, "Global E-Waste Monitor 2020")
The tendency to purchase regenerated electronic equipment is also supported by research conducted by the Pew Research Center, which found that 64% of young adults between 18 and 29 years old prefers to buy products reconditioned for both economic and environmental reasons. (Source: Pew Research Center, "Young Adults, Student Loans and the Impact On the Economy and Society")
The residual value and the environmental impact
Neakosm's approach in the extraction of the residual value at the end of life of the IT electronic equipment is supported by an article published in the magazine "Resources, Conservation and Recycling". The article highlights that recovering and reconditioning electronic components can reduce the need to extract new resources, thus contributing to the conservation of raw materials and the reduction of the environmental impact. (Source: "Resources, Conservation and Recycling", Volume 128, 2017)
Management of the supply chain and industrial resilience
The structural weaknesses in the chip supply chain and electronic components have been widely documented. A report of the World Economic Forum stresses that dependence on a limited number of key suppliers can lead to interruptions in the production and fluctuations of significant prices. Neakosmo faces this challenge through a diversified supply model, in line with the recommendations of the relationship. (Source: World Economic Forum, "Building Resilience in Electronics Supply Chains")
Cases of success of circular economy: Apple and Dell
Cases of success in the adoption of the circular economy include Apple and Dell. Apple has launched the "Apple Trade in" program, which allows customers to return their devices used for reconditioning or recycling, helping to reduce the environmental impact. Dell, on the other hand, has implemented the "Reconnect" program which offers free collection points for electronic hardware, promoting recycling and enhancement of materials. (Source: Apple Newsroom, "Apple Expands Global Recycling Programs", Dell Technologies, "Dell Reconnect")
Neakosm as a pioneer of the electronic circular economy
In conclusion, Neakosmo represents a significant step in the electronic industry, targeting in a targeted way the challenge of the residual value of electronic equipment at the end of life. Based on scientific evidence, market trends and success cases, the company positions itself as a pioneer in the implementation of the circular economy in the field of electronics. With his innovative approach and his commitment to sustainability, Neakosm embodies the harmonious conjugation between technological progress and environmental responsibility.