Singapore-based Procurri is a global corporation that specializes in data-center life cycle services, IT distribution and IT asset disposal services. In just four years, Procurri has operations in more than 100 countries overseen by 15 offices around the world, and listed in the Singapore Stock Exchange last year.
With rapid changes in technology and the increasing use of cloud computing, many of the world’s biggest companies have had to find better ways to manage their computer hardware, data and IT processes. And Procurri aims to be the first truly global provider and aggregator of enterprise hardware and services and change the way the world buys technology.
“We serve the biggest companies in the world and provide IT hardware services for servers, storage and networks so that our customers don’t need to be asset managers anymore and they worry about just managing their business,” Chairman and Global CEO Sean Murphy said.
Procurri sees tremendous growth opportunities in Asia compared to the mature markets in the United States and the European Union. The company chose Singapore for its base because of the country’s talented workforce, solid legal and banking regimes and its global brand reputation.
Procurri’s IPO in 2016 was Singapore Exchange’s first major board public listing in more than a year. It gave the company access to more capital that would allow them to grow more surely in a fragmented global market. In the process, Procurri acquired a UK technology company that manages large inventories of parts around the world for its maintenance business. And recently, it entered into a joint venture with a large U.S. storage company.
The strategic moves allow Procurri to expand its suite of services and achieve its goal to eventually become a one-stop service for global enterprise data centers. In line with its objective, it is also recruiting top professionals around the world.
“I get excited with all these challenges. We build a brand around integrity, innovation, experience and excellence. We’re not famous but we’re a young, nimble company that takes credit for what we do and we always start with listening to our customers. I think that’s what makes us different,” Murphy stressed.