Steljes Rental reports big first year AV market growth

Audio visual and IT rental specialist Steljes Rental, part of the Steljes Group, has marked its first year of trading as a stand alone business with impressive growth and a substantial increase in its client base.

The company, which started operating as an independent organisation in October 2014, says it has been profitable every month in its first year, with turnover increasing by 30 percent and gross profit climbing by 35 percent, over the 12 month period.

Steljes Rental delivers technologies to corporate clients to enhance the way their conferences, meetings and indoor and outdoor events are held.

The company currently has more than 135 clients and during the last twelve months has rented its solutions to a “multitude” of conferences, meetings and events across the world – from large organisations in the US to short and long term rentals to businesses across the UK and Europe.

Complementing the services and products offered by technology distributor Steljes, the AV and IT rental company can deliver solutions from the latest SMART technology products to projectors and video walls, and more specific requests for products such as iPads and mobile devices.

The recently launched “proof of concept” offering allows clients and resellers to rent over a longer term period, for example three months, and during that time Steljes Rental will provide user adoption consultancy, training days and a complete managed service around the products.

The company can deliver advice and expertise and help businesses assess whether the solution may work as a more long term investment in the future. Since Steljes Rental launched the initiative, it has taken on 25 fully supported proof of concept contracts for a range of large corporate clients.

Steljes Extend is another new service that has been launched during the company’s inaugural year – which incorporates either 12, 24 and 36 month rental deals on products for the corporate market.

Andy Horn, managing director, Steljes Rental Ltd, said: “The corporate marketplace makes up 95 percent of our business, and with the rapid advancements in technology many clients do not want to risk buying the technology that may be superseded a year later.

“The Steljes Extend service will enable organisations to have their technology refreshed and updated within a specific time period. Rental services can give them the right technology for the right timeframe without the heavy investment.”

As distribution partner of Nureva, sister company Steljes recently said it had reached an agreement with two “key resellers” as part of its UK network. Rapid Technologies and Smarter Interactive will offer the Nureva Span collaboration systems as part of their portfolio of products into a range of markets.

@AntonySavvas