STOREX Press Office | Breaking News:

South African TPM company, Storex acquired by Evernex

Storex, a leading supplier of Third Party Maintenance for enterprise-sized organisations has been acquired by Evernex, a leading international provider of third-party maintenance (“TPM”) services for data centre infrastructure. Evernex is a 3i company, having sold controlling interest to the investment organisation in October 2019.

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StorEx reports big year-on-year growth

StorEx, a leading supplier of Third-Party Maintenance for enterprise-sized organisations, recently reported double digit growth in its year on year results. Since launching 12 years ago, the company has experienced accelerated growth over the past 18 months as the demand for its infrastructure lifecycle extension management solutions continue unabated.

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As capex opportunities wane, market starts looking to TPM for a respite

In the increasingly tough economic climate, enterprise-sized businesses are looking to alternate approaches to not only save money in the short-term, but strategies that will deliver better returns for the business as a whole. Jan Beukes, CEO, Storex, a specialist in multi-vendor infrastructure lifecycle extension management, says that one of these approaches is the increasing adoption of Third Party Maintenance (TPM).

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Storex offers disruptive ICT Infrastructure Lifecycle Extension Services

Disruptor, Storex, specialists in Multi-Vendor infrastructure lifecycle extension management, says that on average most displaced OEM estates have not even reached 40% of the potential capacity before being replaced.

CEO and founder, Jan Beukes, says that throughout the Middle East and across the African continent, many organisations have a surplus of infrastructure capacity that is not being optimised properly: “There should be a greater focus on optimising and extending the use of these already paid for platforms. An improved focus of extending the lifecycle of under-utilised existing hardware will positively impact business growth and IT transformation. By re-allocating budget usually assigned to untimely new and sometimes very unnecessary equipment acquisition, you can boost the implementation of future ICT transformation projects”.

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