Nexteq is primarily a hardware product business, operating as a technology design and supply chain partner to customers in selected industrial markets. Key value attributes of the hardware we supply include firmware embedded within the product, software included as standard, and unparalleled service when it comes to integration support, supply chain management, logistics and after sales support.
Typically, our B2B customers integrate our solutions with their own intellectual property, to bring exceptional finished goods to market. By outsourcing elements of their technology stack to Nexteq, our customers can focus their product development effort on the most critical drivers of their business’ success.
The Group generates revenue each time a customer purchases one of its products for integration into their solutions. The closely integrated nature of our products with customers designs, sometimes including software we have developed, drives a repeatability in our revenue. This characteristic is strengthened by the regulations in some of the markets in which we operate.
We select markets in which there’s a technology evolution occurring, which require products and solutions that are not fully addressed by other generalist technology businesses. With considerable focus, we’re able to become experts in these industries, both commercially and technologically. As a result, we not only offer solutions to customers’ known challenges, but also drive innovation to improve their products as well.