Nexion Group - NNG(ASX) News & Expert Insights from Stockhead

NEXION is an information technology service provider that offers compute and data storage equipment as a service that it integrates with Public Cloud services to form a Hybrid Cloud.

NEXION Networks owns and operates Hybrid Cloud infrastructure and provides associated services while NEXION W1 owns and operates a 3 Mega-watt capacity data centre in Perth, Western Australia.

The company offers private Cloud infrastructure integrated with Public Cloud services to form the NEXION Hybrid Cloud solution it calls OneCloud.

NEXION hosts a OneCloud Node in its own data centre in Perth and third-party data centres in other cities and sells capacity to customers on term contracts up to 36-months.

NEXION provides project management services to migrate customers to its Hybrid Cloud platform as well as associated equipment and support services for additional fees.

The company also provides SD-WAN to connect customer premises and equipment to its Hybrid Cloud.

KEY PEOPLE

Paul Glass, Co-Founder and CEO

Paul is qualified from the Chartered Management UK, has 15 years’ experience in voice, video and data communications starting with JT Global then moving to Comescentre in Perth as State Manager and Mitel in 2013 before forming NEXION in 2016. Paul is a CRN Entrepeneur of the Year Award Finalist two years in a row, 40 under 40 Finalist.

Kevin Read, Co-Founder and COO

Kevin has over 20 years global ICT Management experience across an array of industries including, Aviation, Pharma and media. His experience extends across Africa, the UK and Australia for enterprises such as PQ networks & Independant Newspapers Limited in Africa, Unisys in the UK then becoming the technical manager at Scope Logic in Perth, before joining Paul to co-found NEXION.

Domenic Papaluca, CFO

Domenic is a partner in national accounting and business services firm Carbon Group. He has been in business since 1994 – initially as a sole practitioner until 2003 when he founded Sterling Accountants and Business Consultants

Peter Christie, Non-Executive Chairman

Peter ids a 30-year career technology specialist with deep expertise across all aspects of the IT industry. Extensive experience in capital raising, IPO’s and executive management of listed technology companies. Bachelor’s degree in Economics and Computer Science. Career experience with global technology companies including Kodak, Unisys, IBM, Logica, Mincom and Orange. Also Chairman of unlisted Vsev Federation and Radian Arc.

Chris Daly, Non-Executive Diector

Chris has 30 years of management in businesses operating in the contracting, fabrication, sales, equipment rental, mining and construction sectors. Founded Dewatering Service Australia (DSA) in 2003, sold to ASX-listed REL in 2011 where Focuses on financial management, job costing, business processes and safety system development. Has deep expertise working on large-scale projects for public company’s across Australia

Jack Toby, Company Secretary

Jack is a Fellow of the Institute of Chartered Accountants in Australia, a Fellow of the Institute of Chartered Accountants in England and Wales and an Associate member of the Australian Computer Society. Mr Toby has extensive experience as Company Secretary and Chief Financial Officer of several listed public companies and major corporations for over the last 30 years.