Business Overview Financial Summary
Nomad Technologies Holdings is a well-established internet management service provider in Malaysia. According to the report, the Group ranked fifth in the Malaysian Internet Management Services industry, with a market share of 1.3% calculated based on 2018 revenue. The Group provides customized network support services, mainly including network infrastructure design and hardware installation, network management and security services; and network connectivity services, focusing on providing intranet and Internet connectivity solutions and value-added services. The two Internet management services complement each other to facilitate seamless data transmission and management. The group's business model. By providing network support services and network connectivity services on a single platform, it is a single point of contact for clients' end-to-end network solutions. Customers generally buy hardware from them or use hardware provided by the group. If the customer uses its network support service and network connection service at the same time, it will be possible to provide the customer with an end-to-end network solution. Based on the Internet infrastructure, after installing the hardware, the Group provides continuous management, maintenance and update, and security services. The Group's network support services mainly include network infrastructure design and hardware installation; bandwidth management services; hardware monitoring and maintenance services for customer networks and hardware; and Internet security services. The Group's customers mainly include channel partners including telecommunications companies and information technology service providers.
Competitive advantage
The Internet Management Services industry in Malaysia is the single point of contact for clients' end-to-end network solutions
It is the only partner authorized by Fortinet as an authorized security management service provider with platinum status
Risk factors of having a good performance record and maintaining a good and stable relationship with customers
Failure to anticipate and respond to changes in technology or demand will adversely affect operations
The application service provider license issued by MCMC is uncertain and can be successfully renewed on an annual basis
Internet support services and Internet connectivity services provided may face overspending or delays in the use of proceeds
Approximately 16.4% was used to implement cloud data content management solutions
Approximately 39.3% was used to purchase additional hardware and software to provide cloud network security services
Approximately 22.5% were used as license holders to establish disaster recovery centers and become internet service providers
Approximately 5.0% was used to establish a branch office and backup data center in Kuala Lumpur
Approximately 9.6% was used to expand and reinforce manpower to meet anticipated expansion plans
Approximately 7.2% is used for promotion business.