SINGAPORE - Major consumer electronics retailer Newstead Technologies today launched four new enterprise-focused divisions that mark its foray into the IT solutions industry. It will provide one-stop IT solutions for small-medium businesses (SMEs) in Singapore and the ASEAN region.
"As part of our retail business, we have been delivering enterprise-grade solutions to our corporate customers and we understand the IT needs and challenges for small-medium businesses," said Mindy Tan, CEO of Newstead Technologies, "We see an increase in business owners coming to us for IT products that would transform their operations and improve productivity."
Newstead Technologies' new Enterprise, Mechanical & Engineering, Software and System Integration divisions will enable the company to "take a holistic approach, integrate our existing hardware products with our new software services to provide them with a one-stop IT solution," said Ms Tan.
Even though Newstead Technologies is expanding into the enterprise field, it's main focus in Singapore will remain the IT retail business. It currently manages over 40 retail outlets and concept stores, including Nubox and Studio 7. It has plans to launch a new e-commerce system for online purchases on its website, which is currently undergoing a revamp.
"The four new divisions spells our expansion plan into the enterprise field and we see a lot of synergies between that and our current business operations," said Ms Tan. "We will draw on our partnerships, experience and expertise to bring the best IT solutions to businesses."
About Newstead Technologies' four new divisions
Enterprise Division - Provides effective and enterprise-scale management IT services. It is supported by the Professional Services department which specialises in innovative integrated technologies to provide better efficiency, security and performance for customers. This includes video surveillance and security solutions, automated time & attendance system, interactive display solutions, unified communications solutions etc.
Core services include end-to-end IT solutions, such as IT hardware, software deployment to customised solutions
Mechanical & Engineering Division - ProPower Engineering, an emerging principal player in mechanical and electrical works for the local and regional construction industry.
Core services include critical power, backup and protection solutions, uninterrupted power supply products, enterprise hosting programs, IT relocation services and engineering and on-site maintenance
Software Division - Develops in-house proprietary software systems and solutions to improve the business processes and productivity for clients in the retail and F&B industries. Newstead Technologies also has a team in Ho Chi Minh City, Vietnam with solution development capabilities
Core services include mobility solutions, tracking solutions, apps development, customised solutions, customer-relationship management solutions, point-of-sale and booking solutions
System Integration Division - Integrates accelerated solution to meet clients' goals and solve their challenges.
Core services include assembling of individual components, secure networks by deploying and operating security gateways inter-spacing intranet with external world through CCTV surveillance solutions, door access solutions and security solutions.
Source: Newstead Technologies