Page 15 - LOGICOM PR REPORT - OCTOBER 2023_Neat

Press Release

Poly's solutions are engineered to empower and enhance productivity, simultaneously fostering
an equal experience for all employees, regardless of their chosen work location, be it the corporate

office, home office, or any space in between. These solutions significantly increase efficiency,
extend knowledge, and expedite decision-making processes, both for organizations and hybrid

workers.

This collaboration positions Logicom to harness substantial growth potential in two areas:
peripherals and workforce solutions. Peripherals represent a $110 billion global market segment,

exhibiting a robust annual growth rate of 9%. Workplace solutions, with a $120 billion market
1
size, continue to grow at an impressive 8% annually . Moreover, HP Poly's solutions seamlessly
align with the increasing need for flexible work arrangements, reducing the need for unnecessary

travel and commutes. This, in turn, leads to decreased emissions, making them an environmentally
conscious and compelling sustainable choice for businesses.

By entering into this agreement, Logicom not only extends its long-standing strategic partnership

with HP but also opens fresh avenues for collaboration and synergy within the channel
community. These enhancements complement Logicom’s comprehensive computing portfolio and

empower customers across diverse segments.

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About Logicom
Logicom Public Ltd. (Nicosia/Cyprus) is an international group of companies, listed on the Main

Market of the Cyprus Stock Exchange and a member of the FTSE/CySE20 index. The Group's
activities include the distribution of technology products and services and the provision of

turnkey, integrated solutions, including Business Consulting Services, Business Software, and IT
Infrastructure solutions, as well as Managed Services across the entire spectrum of Information

and Communication Technology (ICT). Logicom has a physical presence in 18 countries, employs

1 Frost & Sullivan, State of the Global Video Conferencing Devices Market