technologyreseller.co.uk 11 RESELLER NEWS continued... Humphrey has been bolstered with the recruitment of Non-Executive Chair Paul Brennan from BGF’s Talent Network. Brennan sat on the board of BGF-backed Amdaris, which was acquired by Insight Enterprises Inc a Fortune 500 business in August 2023. Edwin Davies, investor at BGF, said: “With strong vendor relationships and a long-standing, blue chip customer base, Kubus has demonstrated impressive growth and innovation in the technology sector. We believe they are well positioned to capitalise on the strong market opportunities ahead and look forward to working alongside Paul Brennan and the Kubus management team on their growth journey.” … Flotek Group introduces employee incentive scheme Fast growing managed IT and communications services provider Flotek Group is introducing an Employee Management Incentive (EMI) scheme to ensure every employee benefits directly from the company’s growth and continued success. The scheme has seven tiers, with increasing rewards at each level. CEO Jay Ball said: “For us, building a successful business means ensuring that every person who helps shape that success shares in it. Our EMI scheme reflects our belief in rewarding our team, with the ultimate goal of helping as many of our employees as possible to pay off their mortgages.” He added: “By offering a meaningful stake in the business, we hope to retain loyal staff, reward dedication and ensure that everyone shares in the company’s achievements.” Since it was founded in 2022, Flotek Group has made 12 acquisitions and is on course to reach £15 million in revenue by the end of 2024. Further acquisitions are planned with the intention of reaching £100 million turnover within the next decade. Logicalis launches sustainable IT solutions blueprint Global technology services provider Logicalis has developed a sustainable IT solutions blueprint to integrate sustainability into every stage of clients’ digital transformation. Available initially in the UK and Ireland, the blueprint is designed to help customers reduce their environmental impact, optimise resource utilisation and drive long-term business value through a data-driven approach to carbon reduction and circularity. Neil Eke, CEO of Logicalis UK and Ireland, said: “In the transition to a low-carbon economy, our customers are looking for comprehensive tools and expertise to meet regulatory requirements and advance IT sustainability. By addressing the unique challenges organisations face, we’re empowering businesses to turn sustainability into a driver of innovation and growth, aligning perfectly with our mission to architect change in the digital world.” The Logicalis Sustainable IT Solutions blueprint has five elements: 1 A sustainability maturity assessment: an evaluation of an organisation’s IT sustainability practices, identifying areas for improvement and optimisation; 2 Sustainable network transformation: the implementation of network solutions that reduce energy consumption and enhance operational efficiency; 3 Smart and sustainable building solutions: the integration of intelligent technologies to create eco‑friendly, energy-efficient workspaces; 4 Circular IT solutions: take-back programmes and remanufactured equipment options to minimise e-waste and promote resource conservation; and 5 Sustainable managed services: leveraging the Digital Fabric Platform to deliver a carbon score on a company’s IT environment, while offering further recommendations to optimise IT health. www.uki.logicalis.com … How to avoid greenwashing As part of its mission to educate people on sustainability, leading sustainability consultancy Tunley Environmental has released a guide on the Green Claims Code introduced by the Competition and Markets Authority (CMA) to ensure transparency and accuracy in sustainability marketing. The guide provides an overview of the code’s key principles and gives practical advice on how to make credible environmental claims, with detailed examples of compliant and non-compliant green statements. https://www.tunley-environmental.com/ green-claims-code-guide Alchemy revenue boosted by growing demand for circular technology Alchemy, the Dublin-headquartered global circular technology company, has reported a 60% rise in revenue to a record $711 million in the financial year to 31 March 2024, up from $443 million the year before. This increase has been fuelled by strong growth overseas and rising demand for sustainable technology solutions, with Alchemy increasing the number of devices traded by 700,000 to 2.4 million. The 11th fastest growing tech company in Ireland, according to Deloitte’s Technology Fast 50, Alchemy integrates every stage of the circular tech market, from recovery and trade-in of used devices to their refurbishment and remarketing to businesses and consumers, including through its own online retailer of used mobile phones, LoopMobile. Alchemy has a presence in 12 countries, enabling it to operate across 60 markets, and in June 2023 opened a third facility in the US, its largest market, helping to boost US revenue by more than 50%. Its fastest growing market is JAPAC, with growth of 97%. Alchemy CEO Walter Vicente said: “As we continue to expand our global footprint and invest in innovations like Callisto, our wholesale tech marketplace, we’re not just growing as a business, we’re reshaping the circular tech economy. Earlier this year, we became the first and only device refurbisher able to calculate and certify the CO2e savings of each device we sell, setting a new standard in the industry.” www.wearealchemy.com Alchemy co-founders: Gary Noone, James Murdock, Walter Vicente. Neil Eke Logicalis UK
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