Carbon credits… offsetting carbon emissions

Carbon credits… offsetting carbon emissions

“Carbon credits are permits representing the removal of 1 ton of carbon from the atmosphere. Credits are allotted to nation or companies and can be traded to help balance total worldwide carbon and other greenhouse gas emissions…..”.

In line with its vision of reducing carbon emissions and helping its clients achieve its sustainable goals, Rentalworks is pleased to be an early adopter of Climate Impact X Global Marketplace for high quality carbon credits. Through this platform Rentalworks will be purchasing carbon credits to offset its internally generated carbon emissions. In addition it is aimed at helping its clients come onboard this journey of achieving net-zero emissions by making available high quality carbon credits.

A Conversation with Alan Puah, Managing Director of Rentalworks Group

Path To Recovery, Adopting a New Normal

Economies are on a recovery path. How can SMEs benefit from the services offered by Rentalworks?

We’re indeed in the midst of an economic recovery although with still reeling with oscillating COVID infection rates. To tap on this growth trajectory and seize businesses opportunities, businesses need to be versatile and agile in mobilising its workforce-juggling between work-from-home and hybrid work models. Businesses need to be able to equip its workforce with the right devices and at the same time ensuring the endpoints are protected from inherent cyberthreats.

Rentalworks’ integrated IT asset lifecycle management solutions consisting of specially curated device leasing programs enables businesses to maneuver seamlessly in this new normal. We work out the best available tech devices that fit each SMEs business requirements at the cost that fits their budget. Our unique lease-to-use approach ensures the process of deployment, maintenance and refresh are all managed throughout by Rentalworks; at the same time ensuring all endpoints are managed and protected from anywhere, at anytime. Our solutions help businesses reduce costs of sourcing, procuring, and managing these devices – so that they can focus on growing their businesses.

Why leasing instead of buying and how much cost savings can be achieved ?

Laptop leasing is an alternative to buying; a favored alternative when a business is looking at defraying/rationalize its costs. The purchase price of a laptop typically constitutes 20% of the total costs which is just the tip of the iceberg when taking into consideration total costs of ownership of that device throughout its lifespan. The balance of the 80% are hidden costs which encompass updates and fixes, support and maintenance, failures and recovery and last but not least, decommissioning and recycling of the device. By subscribing to Rentalworks leasing solutions which incorporates end-to-end IT asset lifecycle management, that 80% is ‘incurred’ and is the responsibility of Rentalworks as the lessor of the device. Imagine the amount of cost savings of that approximately 80% costs of managing the device?

What makes Rentalworks different from other service providers?
Rentalworks’ leasing does not merely provide lease-to-use IT devices notably laptops. Its solutions extend beyond financing the device. Rentalworks provides end-to-end IT asset lifecycle management services i.e. from assisting in curating a plan that meets the requirements and budget of its clients ( hence eliminates the hassles of sourcing ), deploying the assets and securely within the chain-of-custody to managing/maintaining the devices throughout the lease period. Our clients see the value of our solutions as it alleviates the 80% ‘hidden’ costs, diversify the procurement options, off-loads inventory management, and provides up-to-date firmware cyber-security.
Apart from cash flow, how does Rentalworks support SMEs in building a robust secure work environment?
Apart from boosting the cash flow of a business, Rentalworks in addition to its end-to-end IT asset lifecycle management services, provides endpoint protection and secure data erasure services. Most businesses across the globe have embraced a hybrid work model. This has made it even more critical that endpoints are securely protect from cycber-threats and remote data erasure on devices can be easily and promptly executed. Rentalworks Endpoint Protection and Secure Data Erasure services ( which are packaged along with its leasing plans ) are such services which businesses can take advantage of to mitigate these risks.
What is Rentalworks’ role in supporting a sustainable greener economy?
Leasing industry is “well-positioned” to be a front runner to support the growth of the circular economy. Rentalworks IT Asset Lifecycle Management supports this in that it promotes a business model that allows its customers to have access to IT devices they need to run their business, and with Rentalworks retaining ownership of the assets throughout its lifecycle, can Rentalworks takes responsibility for extending its useable life, recovering it for reuse and remanufacturing. In doing so, maximizing its economic utility while minimizing environmental impact. In addition for devices that have attained its end of life, Rentalworks will recycle the devices responsibly in accordance to local environmental laws.

Top Channel DaaS Partner 2021

Rentalworks Sdn Bhd awarded “Top Channel DaaS Partner 2021”

Rentalworks Group is proud to be awarded with the Lenovo Accelerate’21 Top Channel DaaS Partner for the achievements of its Malaysian franchise. The Award is one of the industry’s leading and highly anticipated awards, recognising the achievements of Lenovo’s partners.

“The award is a testament of our resilience, strength and innovation in meeting the needs of Small Medium Businesses particularly in this challenging period”, says Alan Puah, Managing Director of Rentalworks Group. “Our innovative end-to-end IT asset lifecycle management ‘Device- as-a-Service’ ( DaaS ) packaged along with our lease-to-use solutions have enabled many businesses to manage their operating costs and maintain productivity with the latest IT devices”

“In addition, Rentalworks has empowered businesses in embracing a circular economy through the adoption of a DaaS business model” added Alan.

Device Buy-back/Trade-in

Trade-in/Buy-back of Laptops
for Cash

Trade-in/Buy-back For Cash, Boost Productivity
And Support A Sustainable Green Economy

Replacing old less efficient laptops with new is made easy with Rentalworks Trade-in/Buy-back plans. Get cash rebate and lease at affordable rates with Rentalworks lease plans while supporting a greener sustainable environment.

Reduce Total Costs Of Ownership

Trade-in for cash rebate

Lease at affordable rates with Rentalworks leasing plans

Lease latest brand new devices

Old devices re-circulated as ‘pre-loved’ or disposed sustainably

Seamless Logistics and Asset Management Services

FREE asset pick-up*

Remote secure data erasure

Processing of assets includes asset de-tagging and inventory report

LIMITED OFFER!

Upfront promotion add on $20 for Lenovo 100 Stereo Headsets
WHILE STOCK LASTS!!

*Terms and conditions

  1. Cash rebate will be credited into first month’s lease of new devices.
  2. Asset pickup by 2024. One time logistic charge of SGD50.00 applies for quantity less than 10 units.
  3. Service charges and buyback for CPU only. If monitor needs to be processed, service charges will be added separately.
  4. This offer is valid for commercial/consumer models from all major brands. White boxes are not eligible for this offer.
  5. All prices quoted are in SGD.

Find out more about Trade-in/Buy-back of Laptops for Cash with

Rentalworks

Preloved DaaS

Get a Head-Start with Affordable ‘Preloved’ Laptops & Flexible Leasing Plans

Scale up and scale down under one simplified lease

Agile and Scalable
Lease pre-loved notebooks with Rentalworks ‘Preloved’ DaaS from as short as 12 months or as long as 18 months with flexible subscription. Rentalworks ‘Preloved’ DaaS enables your business to scale up or scale down your IT asset requirements seamlessly under one single universal lease agreement. Packaged with services at no extra cost and flexible financing, Rentalworks ‘Preloved’ DaaS provides the right solutions designed to ease IT asset lifecycle management, reduce costs and ease the load on your resources so that you can focus on growing your business.

Rentalworks Device-as-a-Service

Simplify how you equip your team with the tools they need to perform as you free up the resources to further grow the business

Cloud-based / On-Premise Secure Data Erasure

Rentalworks Premium Support

Sustainable Eco-friendly End-of-Life Management

Cloud-Based Asset Management

Versatile Leasing Agreement

Single Point of Contact
(Simplified Cases & Escalation Management)

Why lease laptops and not buy?

Cost Effective
Reasonable monthly rates
Boost Cashflow
Alleviate heavy upfront costs
Minimize Disruptions
Premium technical support
Eco-Empowerment
Sustainable practices

Stay Current
Keep assets up-to-date

Asset Management
Cloud-based tracking

Reduce total costs of ownership

No huge capital outlay needed empowering your team with the right devices for improved productivity, with ease

Maintain productivity with Rentalworks Temporary Device Replacement Program for faulty devices

Rentalworks_

Free up your IT resources from IT inventory management, repairs and updates with Rentalworks IT Asset Lifecycle Management services

Rentalworks_

Seamlessly scale your business with Rentalworks ‘Preloved’ DaaS. Its simplified universal lease agreement allows your business to adapt to the fast-changing business landscape

Accelerate your digital transformation with ease
LIMITED OFFER!

Upfront promotion add on $20 for Lenovo 100 Stereo Headsets
WHILE STOCK LASTS!!

Lenovo DaaS

Lenovo
Device-as-a-Service (DaaS)

Rapid changes in technology, more and more dispersed workforce and shifting end-user demands made it increasingly challenging for IT teams to support a growing hybrid/remote user base.

Lenovo DaaS with flexible financing powered through Rentalworks Leasing provides the right solutions designed to ease IT asset lifecycle management, reduce costs and the load on existing resources. Packaged with services at no extra cost, it is specially curated so that you can focus on growing your business.

Lenovo DaaS with flexible financing powered through Rentalworks Leasing

Refresh and empower your team with the latest Lenovo laptops with ease for better productivity

Minimal upfront costs with flexible periodic repayment

Ease of replacement of faulty devices minimizing disruptions

Frees up your IT resources from inventory management, repairs and updates

Structure your financing to align with your budget requirements

Lenovo DaaS with flexible
financing powered through Rentalworks Leasing

Refresh and empower your team with the latest Lenovo laptops with ease for better productivity

Minimal upfront costs with flexible periodic repayment

Ease of replacement of faulty devices minimizing disruptions

Frees up your IT resources from inventory management, repairs and updates

Structure your financing to align with your budget requirements

BENEFITS OF DEVICE-AS-A-SERVICE

Premier Support by lenovo

Premier Support by Lenovo

Next Business Day Onsite Support for hardware by Lenovo*​

predeployment

Pre-Deployment Service

Specific set-up prior to delivery can be arranged​

extended battery

Extended Battery Warranty

Replacing failed battery once without any charges during the 3 year lease period

temporary device

Temporary Replacement Device​

Loan device will be provided during downtime to ensure productivity is not compromised​

case manager

Dedicated Case Manager

Single point of contact via Rentalworks​

secure data erasure

Secure Data Erasure

All data is securely erased at the end of the lease period​

BENEFITS OF
DEVICE-AS-A-SERVICE

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Premier Support by lenovo
Premier Support by Lenovo​
Next Business Day Onsite Support for hardware by Lenovo*​
bg2.png
predeployment
Pre-Deployment Service
Specific set-up prior to delivery can be arranged​
bg1.png
extended battery
Extended Battery Warranty
Replacing failed battery once without any charges during the 3 year lease period​
bg2.png
temporary device
Temporary Replacement Device​
Loan device will be provided during downtime to ensure productivity is not compromised​
bg1.png
case manager
Dedicated Case Manager​
Single point of contact via Rentalworks
bg2.png
secure data erasure
Secure Data Erasure​
All data is securely erased at the end of the lease period​

You May Also Be Interested In

Rentalworks Think Zero Leasing

Propelling Adoption of Circular Economy Through Leasing Programs

Propelling Adoption of Circular Economy Through Leasing Programs

COVID-19 Pandemic has altered the way companies operate, bringing forward sustainable imperatives – cost rationalisation and reduction in carbon footprint. Spotlight is now on companies to play a big part in managing climate change, with Circular Economy high on the agenda.

By design Circular Economy is engineered to be restorative and regenerative retaining as much value as possible from products, parts and materials. One of the key drivers in propelling Circular Economy forward is an effective sustainable ICT Asset Management solution – a solution that ensures responsible consumption and efficient waste management through a lease-for-use platform versus outright procurement of the assets.

The economic benefits of circular economy are immense. The Circular Economy Advantage, Waste to Wealth report by Accenture indicates that Circular Economy can deliver US$4.5 trillion economic benefits by 2030 primarily through the following 5 business models:

* Sharing Platform: Stimulates collaboration among users
* Product-as-a-Service: Lease or pay-for-use arrangement
* Product Life Extension: Repairing, upgrading and reselling.
* Circular Supply Chains: Supply of renewable, recyclable and biodegradable resources.
* Recovery and Recycling: Eliminates material leakage

A sustainable ICT Asset Lifecyle Management that leverages on a lease-for-use platform is an example of Product-as-a-Service and Product Life Extension business models. Innovative lease-for-use platforms provide effective device health checks and preventive systems will ensure efficient use, and when warranted, collection of these devices.

Companies which leverage on lease-for-use programs when compared to outright purchase will benefit from a few advantages:

* Reduced carbon footprints
* Gains in economic benefits
* Increased efficiency
* Improved cash flow & profitability

A lease-for-use program provides the opportunity for companies to refresh their IT devices as they age, maintain performance and reliability while also reducing overall capital expenditure. The aged assets will then be re-purposed to support the Circular Economy Agenda.

Founded in 2007 Rentalworks, with regional footprints in Malaysia, Singapore, Hong Kong and partners in other parts of Asia, aims to help companies achieve their Circular Economy goals. Rentalworks provides a cost-efficient ICT asset management with the mission of extending the lifespan of the assets to its optimal lifecycle. It offers carefully curated operating lease propositions enabling companies to boost their cash flow and at the same time be a significant player in reducing greenhouse emissions for a greener Circular Economy.

In its mission to enable early adoption of the Circular Economy, Rentalworks proudly brings innovation to IT acquisition through its unique ThinkZero Leasing Program with the following benefits:

* Device Insurance for accidental damage and loss of asset
* Premier support with next business day on-site service
* Sealed battery warranty for leased devices
* Temporary laptop during downtime with no extra charges required
* Eco-friendly data erasure service with proper disposal of assets

Additionally, productivity tools such as Microsoft Office 365 Suite, G-Suite Work and Enterprise class anti-malware software are available as add-ons.

Beyond procurement or acquisition of the IT devices, Rentalworks’ leasing program, applies Device-as-a-Service at the core of its business model to ensure that its customers receive an all-inclusive service engagement through the devices that are leased. This business model not only supports Circular Economy, it also bundles in inventory management system by tracking devices’ plan updates with regular health checks to ensure that devices are performing at its best. Not only that, this will also optimize the overall lifecycle value of the devices as it alleviates disposals that are caused by breakdowns.

Once a device is at its end-of-life lifespan and no longer has any reuse value, responsible disposal of the device is pivotal in maintaining a sustainable Circular Economy. Rentalworks ensures its end-of-life management solutions include responsible disposal and secure data sanitization for all IT devices leased under its program. Once the device has exhausted its lifespan and no longer has any reuse value, it will be recycled in accordance to local environmental laws.

Rentalworks ensures that eco-friendly data erasure is completed before recycling by erasing all confidential information from the hard drive to eliminate risks of data leakage. To further ease the process, Rentalworks deploys a team who will manage both the logistics and processing of these IT devices with its certified partners.

Once a device is at its end-of-life lifespan and no longer has any reuse value, responsible disposal of the device is pivotal in maintaining a sustainable Circular Economy. Rentalworks ensures its end-of-life management solutions include responsible disposal and secure data sanitization for all IT devices leased under its program. Once the device has exhausted its lifespan and no longer has any reuse value, it will be recycled in accordance to local environmental laws.

Rentalworks ensures that eco-friendly data erasure is completed before recycling by erasing all confidential information from the hard drive to eliminate risks of data leakage. To further ease the process, Rentalworks deploys a team who will manage both the logistics and processing of these IT devices with its certified partners.

Article by:
Lisa C.

Footprints of Industrial Revolution 4.0

Footprints of Industrial Revolution 4.0

Industrial Revolution 4.0 (IR 4), the buzzword in many speakers’ vocabulary across the past events I’ve attended in recent months. The spotlight on IR 4 and its eco system is about digitalisation of everything we use today from work to play. Recently I caught a biographical thriller series on Eli Cohen, an Israeli Mossad agent sent to Syria which could not have been more apt to showcase technology usage at its most basic form. Suffice to say he managed to achieve most of his goals however he was eventually caught red handed communicating to his agency via Morse code. Comparing that to today in 2019, and in the middle of IR 4 and the Internet-of-Things; the technology options available to us to go about our life is simply mind boggling.

With the advent of IR 4; cloud, artificial Intelligence (AI), autonomous driving and of course IoT have been trending words bandied around to describe the aftermath of digitalisation of the economy. We have been so fixated with all these trending technologies that it’s easy to forget that the fundamentals of all these high tech mumbo jumbo is your humble yet still relevant personal computer. According to 2018 report by the Center for Sustainable Systems, University of Michigan, the number of PCs in use worldwide is more than 1 billion units since 2008 and touching 2 billion units today. That’s a massive amount of computers and I am sure many of you are not aware that the manufacturing process of a personal computer represents up to 85% of its entire lifecycle energy demand while for smartphones their manufacturing energy demand is up to 60% throughout its useful life.

The same report also states that the energy burden of a typical computer used for 3 years is 4,222 kWh. Taking that into consideration since most computers in an enterprise environment has a typical lifecycle of 3 years, the energy generated from the manufacturing process itself for a computer equates to CO2 emissions emitted from the charging of 380,700 smartphones or carbon sequestered by almost 50 tree seedlings grown for 10 years. Clearly this is an environmental and long term sustainability challenge which we all need to address more so with the current climate change effects already bearing down upon us. Add that with the current smog pollution we are facing, any steps taken to reduce CO2 emissions is a responsibility we all need to take seriously.

So how can we ordinary folks do our part as a responsible citizen of the world? Start small and take baby steps to improve your knowledge on climate change. Understand what causes this global phenomenon and identify changes which you can make fairly quickly and easily in places you spent most of your time in i.e. your home and office comes into mind. Since I am an active proponent on proper IT asset lifecycle management, one of the best methods I could suggest is to take the trinity of R’s approach of Reuse, Remarket and Recycle. I have intentionally removed ‘reduce’ as this term personally does not resonate in today’s business environment as technology innovation for productivity is the main driver for any industry and it’s challenging to set limitations to this approach.

A typical PCs lifecycle journey within an enterprise would include planning on the right processing power with customised specifications driven by business requirements, acquisition by either purchase of more commonly today, by flexible leasing agreements, deployment of assets with application bundles, support maintenance and management of assets with proactive tools and lastly, secure disposal of assets with industry standard data erasure to ensure data security compliance. The implementation of the trinity of R’s within an enterprise ensures PCs that have reached its end of life within an organisation can go on to gain new purpose, based on its ability to fulfil productivity requirements in different areas which has lower computing requirements.

These processes dramatically lower the need for unnecessary forced disposal of IT assets which could otherwise be reused or remarketed. Selecting the right IT asset lifecycle management partner will be crucial to ensure these processes are done correctly and responsibly. Rentalworks Group is a leading provider in sustainable ICT asset lifecycle management services. We have assisted enterprises and government agencies to navigate their IT asset lifecycle from IT planning, acquisition by leasing, deployment management and asset maintenance and secure disposal processes in a responsible manner. Observing the trinity of R’s approach ensures the lifecycle management of tens of thousands of ICT assets like PCs, notebooks, smartphones, tablets and tech wearables would be in the most sustainable manner.

Article by:
Alan Puah
Managing Director

Telecommuting A New Normal…Benefits & Challenges

Telecommuting A New Normal…Benefits & Challenges

Digitalisation efforts have been accelerated tremendously the past one year due to COVID-19. Many businesses have brought forward their digitalisation plans and efforts in order to adapt to the new normal business landscape. Banks ramped up digitization efforts with expanded digital payment tools/channels, shopping malls begun enabling online stores complementing footfall traffic which has taken a dip with lock-downs and social distancing measures coupled with schools pivoting to online lessons.

One such common theme of the digitalisation effort is remote collaboration or more commonly known as telecommuting. It is without a doubt that hybrid work environment seems to be here for the long haul, businesses nowadays are leveraging on online meeting and collaboration tools such as Microsoft Teams to communicate and deploy cloud based storage to share files real time and remotely.

The trend in pivoting towards telecommuting indeed brings many advantages such as :

  1. Increased productivity – With social distancing rules still in place in many locales, virtual collaboration tools allow employees to collaborate remotely in real-time. Hosting online meetings or webinars, making calls, chats, sharing files, and collaborate in real time allows employers to continue to operate with minimal disruptions and at same time be connected with employees and clients remotely or onsite.
  2. Costs Savings. Many financial savings can be derived from telecommuting. With telecommuting, transportation costs ( for both employees and employers ) will be reduced – meetings are hosted online and employees need not commute to work nor to clients’ workplaces. Further, companies will see reduction in operating expenses such as office rentals, utilities and supplies of stationeries. Another plus point is that most online collaborative platforms provide functionalities such as cloud storage at cost effective rates.
  3. Interactions and communications. Remote collaboration platforms such as Microsoft 365, Skype provide a central hub to communicate with colleagues. The best collaboration and community platforms connect employees, giving them a place to chat, discuss, leave feedback and suggestions – enabling effective and unified interactions and ease of communications.
  4. Increased cross-cultural awareness. Global and regional companies are now able to engage with teams from different countries at the same time. Companies are no longer restricted by travel budgets limited to one or two company personnel as the representatives in regional/global meetings for example. Telecommuting allows communications across regions, countries from any levels – not just C-suites. This would through time improve synergy, cross-cultural awareness across all levels within the company; extending leaders and employees the information, skills and confidence to successfully collaborate and conduct business across cultural boundaries.

Telecommuting has its own set of challenges too. Some of the challenges are:

  1. Striking a balance – Working-from-home requires discipline – discipline in knowing how to manage distractions in the home for example children requiring attention. In addition some may find it hard to switch-off from work taking a toll on family life.
  2. Feeling isolated – Individuals who are extrovert in nature, particularly, may feel isolated from colleagues, clients or even strangers ( ‘bumping’ into commuters in public transportations for example). Lack of face-to-face social interactions may lead to depressions resulting in reduced productivity.

Companies certainly need to find an optimum balance between on-site and remote working arrangement – a balance that ensures productivity is not at stake and employees are not burned out. Be it a hybrid model or an environment that adopts telecommuting holistically it is without a doubt remote collaboration platforms and compatible IT devices are key components in ensuring sustainable uninterrupted business operations.

Article by:
Lisa C.