RICOH signs development cooperation with ASUS to provide DaaS (Device as a Services) services

by Ricoh Vietnam03 Jan 2024

Ho Chi Minh, December 26, 2023 - RICOH Vietnam and ASUS Vietnam have signed a cooperation agreement to develop a sustainable business model - Device as a Service (DaaS), including business laptop rental service for the ASUS ExpertBook Series product line through RICOH's system. This is a milestone marking the mutual development relationship of the two sides, while providing the business community in Vietnam with products and services that help simplify and optimize operating costs.

Device as a Service (DaaS) is a support package that provides both management and provision of IT devices such as personal computers, smartphones, and mobile devices as a paid subscription, replacing the purchase of individual devices.

The Devices market is expected to experience significant growth, with revenue expected to reach USD 6 billion by 2023. According to IDC, spending on DaaS in Vietnam is expected to grow at a compound annual growth rate (CAGR) of 25% from 2022 to 2027. By 2027, spending on DaaS is expected to account for 12% of total IT spending in Vietnam, up from 5% in 2022.

Year Software and IT services Hardware DaaS Total IT spending
2022 50 25 10 85
2023 60 30 12.5 102.5
2024 75 35 15 125
2025 90 40 17.5 157.5
2026 105 45 20 170
2027 120 50 22.5 192.5

With the increasing need to reduce IT costs and optimize performance, SMEs in Vietnam are actively looking for suitable solutions, in which DaaS is seen as the option to help them achieve these goals. Ricoh, as an international technology provider, recognizes the potential of the future and embraces transformations driven by innovative thinking. We are committed to improving the quality of work through innovation, collaboration and the use of cutting-edge technology to develop digital workspaces.

At Ricoh, we put listening first to provide innovative solutions, products and services that align with your business goals. At the same time, we are committed to supporting you to overcome challenges by providing accurate information and available technology, ensuring safety and relevance for everyone.

Accompanying the above commitment, RICOH and ASUS are pleased to bring the best products and services to customers. Ricoh expands its provision of equipment services to solve the problems of SMEs in Vietnam, including a subscription management service model, affordable and easy to control, reputable and quality brand, strong financial capacity to bring peace of mind to customers,  as well as all-inclusive service packages.

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Here are some moments at the signing ceremony between RICOH and ASUS: