Renew IT
Renew IT is a private Australian technology company headquartered in Lane Cove providing hardware solutions, software development, and IT management services to business customers. Founded in 2008, it operates with 101-250 employees across multi-disciplinary IT services.
- Company typePrivate
- Founded2008
- HeadquartersLane Cove, Australia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Renew IT does
Renew IT is a private, for-profit Australian technology company headquartered in Lane Cove that delivers three lines of IT services to business customers: hardware solutions, software development, and IT management services. Founded in 2008, the company has built a workforce of 101-250 employees and operates as a multi-disciplinary IT services provider rather than a single-product software vendor, spanning the procurement and resale of hardware, project-based or custom software work, and recurring managed-IT engagements.
The underlying technology mix implied by the firm's positioning covers commodity and enterprise hardware supply, custom or application-level software development, and ongoing infrastructure/end-user IT management delivered as a managed service. None of these capabilities is described as proprietary in the available data; no patents, certifications, named platforms, or differentiated technology stack were disclosed. The company's own website (renew-it.com) did not load substantive content during data collection — source pages returned only a verification/loader message — so additional technical, product, or architectural detail could not be verified.
The business model is consistent with a mid-market Australian IT services firm: hardware resale contributes product-pass-through revenue at typical channel margins, software development generates project-based fees, and IT management services produce recurring managed-services revenue, often structured per-seat, per-device, or per-site. No pricing models, customer segments, named customers, awards, or partnership details were disclosed in the available source material, limiting the visibility of go-to-market motion and revenue concentration.
Renew IT firmographics
Firmographics- Name
- Renew IT
- Website
- https://renew-it.com
- Company type
- Private
- Founded year
- 2008
- Headcount range
- 1–10 employees
- Short description
- Renew IT is a private Australian technology company headquartered in Lane Cove providing hardware solutions, software development, and IT management services to business customers. Founded in 2008, it operates with 101-250 employees across multi-disciplinary IT services.
- Ownership category
- akta.pro rank
Renew IT industry classification
Industry- Product category
- IT Asset Management Services
- NAICS
- Custom Computer Programming Services (541511), Office Machinery and Equipment Rental and Leasing (53242)
- SIC
- Services-Miscellaneous Repair Services (7600), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Certified Refurbished Electronics Retail (CRACAJAD)
Keywords
Where Renew IT is headquartered
LocationHeadquarters
- HQ city
- Lane Cove
- HQ country
- Australia
- HQ region
- Oceania
Markets served
Renew IT business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations
Renew IT product offering
Product offeringCore offering
Renew IT is a technology company that provides hardware solutions, software development, and IT management services. The company delivers physical hardware offerings alongside custom software and end-to-end IT management for organizational clients. It operates as a private Australian technology provider headquartered in Lane Cove.
Differentiator
Problem solved
Functional benefit
Products and services
- Hardware Solutions
- Software Development
Companies that use Renew IT
Customer profileIdeal customer profiles1 record
Renew IT technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Renew IT competitors and assessment
Company assessmentRegional players
- Datacom: Datacom is a major Australian-headquartered IT services company offering software development, managed services, and cloud solutions, providing a regional comparable for Renew IT's software and IT management lines.
- Logicalis Australia: Logicalis is an international IT solutions and managed services provider with Australian operations, comparable to Renew IT for the IT management and integration side of its business across the same Sydney enterprise customer base.
Direct peers
- Sims Lifecycle Services: Sims Lifecycle Services is the ITAD arm of Sims Limited, providing refurbished IT hardware resale and asset recovery, with strong Australian and Asia-Pacific presence that directly overlaps Renew IT's core refurb-and-resell activity.
- IT Renew: IT Renew is a global IT asset disposition and refurbished hardware provider with a name and operating model highly analogous to Renew IT, focused on certified resale, data sanitization, and circular-IT services for enterprise buyers.
- Greenbox Systems: Greenbox is an Australian provider of refurbished IT hardware, asset recovery, and managed IT services, directly competing with Renew IT in the same Sydney enterprise market on similar product lines.
- Apto Solutions: Apto Solutions is an IT asset disposition and refurbishment company offering certified resale, redeployment, and recycling services to enterprise and government buyers, directly comparable to Renew IT's hardware lifecycle positioning.
Broad incumbents
- HP Renew: HP's Renew program offers factory-refurbished enterprise PCs, workstations, and servers, representing the OEM-scale incumbent whose warranty-backed channel competes head-to-head with Renew IT's refurbished offering.
- Dell Technologies Refurbished: Dell's certified refurbished program sells warranty-backed enterprise hardware at scale, setting the pricing benchmark and competitive ceiling that independent refurbishers like Renew IT must operate beneath.
- Cisco Refresh: Cisco Refresh is Cisco's certified pre-owned networking equipment channel, providing the OEM-led alternative that constrains pricing and supply of independent refurbished enterprise hardware competitors like Renew IT.
- Insight Enterprises: Insight Enterprises is a large global integrator offering IT lifecycle services including refurbished hardware, software, and managed services, providing a broader-portfolio comparable for Renew IT's combined hardware-and-services model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Renew IT social profiles
Digital presenceRenew IT financial estimates
Financial estimateRevenue estimate
Valuation estimate
Renew IT leadership team
Management profileNumber of profiles
Renew IT funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Renew IT M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Renew IT
What does Renew IT do?
Renew IT is a technology company that provides hardware solutions, software development, and IT management services. The company delivers physical hardware offerings alongside custom software and end-to-end IT management for organizational clients. It operates as a private Australian technology provider headquartered in Lane Cove.
Is Renew IT a public or private company?
Renew IT is a private company. It is classified as unknown.
When was Renew IT founded?
Renew IT was founded in 2008. It employs 1 to 10 people.
Where is Renew IT based?
Renew IT is headquartered in Lane Cove, Australia, in the Oceania region.
Who are Renew IT's main competitors?
Regional players on record are Datacom and Logicalis Australia. Direct peers are Sims Lifecycle Services, IT Renew, Greenbox Systems and Apto Solutions. Broad incumbents are HP Renew, Dell Technologies Refurbished, Cisco Refresh and Insight Enterprises.
Does Renew IT have an API?
No public API is recorded for Renew IT.
What industry is Renew IT in?
Renew IT's product category is IT Asset Management Services. Its primary akta.pro industry code is CRACAJAD, Certified Refurbished Electronics Retail. Its NAICS code is 541511 and its SIC code is 7600.