Embracing A Sustainable Future
Rentalworks is pleased to be a part of the eRevival Square, an initiative organised by SGTech in partnership with Sustainable Living Lab (SL2).
Continue readingA Conversation with Alan Puah, Managing Director of Rentalworks Group
Path To Recovery, Adopting a New Normal
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.
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?
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
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
FREE asset pick-up*
Remote secure data erasure
Processing of assets includes asset de-tagging and inventory report
Upfront promotion add on $20 for Lenovo 100 Stereo Headsets
WHILE STOCK LASTS!!
*Terms and conditions
- Cash rebate will be credited into first month’s lease of new devices.
- Asset pickup by 2024. One time logistic charge of SGD50.00 applies for quantity less than 10 units.
- Service charges and buyback for CPU only. If monitor needs to be processed, service charges will be added separately.
- This offer is valid for commercial/consumer models from all major brands. White boxes are not eligible for this offer.
- 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
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
Sustainable Eco-friendly End-of-Life Management
Versatile Leasing Agreement
Single Point of Contact
(Simplified Cases & Escalation Management)
Why lease laptops and not buy?
Stay Current
Keep assets up-to-date
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
Free up your IT resources from IT inventory management, repairs and updates with Rentalworks IT Asset Lifecycle Management services
Seamlessly scale your business with Rentalworks ‘Preloved’ DaaS. Its simplified universal lease agreement allows your business to adapt to the fast-changing business landscape
- Select device specifications for the right performance, software add-ons and home office accessories
- Subscribe to the Rentalworks ‘Preloved’ DaaS plan that best meets your business growth requirements with flexible repayment plans with no upfront investments
Upfront promotion add on $20 for Lenovo 100 Stereo Headsets
WHILE STOCK LASTS!!
Lenovo 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
Next Business Day Onsite Support for hardware by Lenovo*
Pre-Deployment Service
Specific set-up prior to delivery can be arranged
Extended Battery Warranty
Replacing failed battery once without any charges during the 3 year lease period
Temporary Replacement Device
Loan device will be provided during downtime to ensure productivity is not compromised
Dedicated Case Manager
Single point of contact via Rentalworks
Secure Data Erasure
All data is securely erased at the end of the lease period
BENEFITS OF
DEVICE-AS-A-SERVICE
Premier Support by Lenovo
Pre-Deployment Service
Extended Battery Warranty
Temporary Replacement Device
Dedicated Case Manager
Secure Data Erasure
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 :
- 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.
- 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.
- 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.
- 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:
- 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.
- 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.