Emerging Industry Trends

Increasing acceptance of the secondary IT equipment market with more Original Equipment Manufacturers ("OEM") endorsing the sale of certified refurbished or excess equipment


Emphasis on use of certified genuine replacement parts to prevent equipment failure and data centre downtime


A strong shift towards open server architecture with a preference for vendor-agnostic service providers


Increasing importance of return on investment and impact of depreciation from IT infrastructure, driving the shift from capital expenditure ("capex") to operating expenditure ("opex") based models


Traditional intermediary roles of OEMs, Value-Added Resellers and System Integrators have changed, leading to industry consolidation


Shift in industry dynamics where only players with operational size and geographical reach can compete effectively to capture a meaningful market share

Transiting to Strategy Complete

Amidst the ever-evolving IT landscape, we have remained focused on anchoring our position as the global aggregator of IT services and enterprise hardware. With our Strategy Complete goal in sight, we have identified four key pillars to transform our operations and develop our business segments.

REACHING STRATEGY COMPLETE

CEMENTING THE GROUP'S CREDIBILITY

Forge strategic partnerships with OEMs and capitalise on our authorised partner statuses to expand the Group’s product lines and unlock cross-selling opportunities


GROWING HIGHER-MARGIN LIFECYCLE SERVICES SEGMENT

Leverage the "as-a-service" trend and ramp up our Lifecycle Services business to provide greater income predictability and sustainable earnings


EXPANDING MARKETS AND ENLARGING CUSTOMER BASE

Tap on newly-acquired capabilities to strengthen Procurri’s brand name, suite of services and enlarge our customer base, while exploring potential earnings-accretive acquisition opportunities


IMPROVING INTERNAL EFFICIENCIES & HARNESSING ECONOMIES OF SCALE

Continue rigorous cost control efforts and harness economies of scale from the improved centralised purchasing processes