Vega Global announces long-term shift to AV-as-a-Service

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Workplace technology integrator Vega Global is to introduce as-a-service options including pay-per-use, and risk and revenue sharing by the end of the third quarter this year.

The announcement was made at InfoComm Asia in Bangkok on 24 May.

Vega Global will gradually introduce its as-a-service offerings across most of its locations in Asia and expects that most of its revenue will stem from services over time.

Vega’s CEO, Steven Medeiros, commented: “As customers now look for greater value from their service providers and want to pay for technology as they use it, with more flexibility, and in some cases look for their providers to share business risk, it is critical that service providers stay ahead and relevant by meeting market needs. Having the agility to adapt quickly at a time when every company is challenged to embrace digital transformation is key to sustaining long-term customer partnerships.”

Vega Global’s as-a-service offerings will enable customers to pay for integrated technology solutions, encompassing all aspects of audio, video and collaboration solutions over time through regular payments. This approach provides the flexibility to upgrade equipment when needs change, all while receiving ongoing support throughout the payment term. Aligning payments with usage offers financial predictability and ensures that companies can stay up-to-date with rapidly changing technology.

As-a-service solutions also contribute to environmental sustainability by incorporating second-life equipment in markets where cutting-edge technology is not necessary. Additionally, equipment is distributed as parts are disposed of in an eco-friendly manner.

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