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Procurri Corporation Limited
File:01 Procurri Logo Full Color CMYK.jpg
Procurri Logo
TypePublic
Traded asSGX: BVQ
IndustryComputer Hardware
IT Services
IT Distribution
Lifestyle Services
Technology
Electronics
IT Maintenance Services
Hardware-as-a-service
Founded2013
CEOSean Murphy
HeadqaurtersSingapore
AreaWorldwide
WebsiteProcurri Corporation Limited

Procurri Corporation Limited

Procurri Corporation Limited ("Procurri" and together with its subsidiaries, the "Group") is a global independent provider of IT lifecycle services and data centre equipment. Incorporated in 2013 followed by an IPO on the Singapore Exchange in 2016[1], the company offers three core services complementary to its channel partners' value chain: Independent Maintenance Services for new, out-of-warranty or end-of-life enterprise equipment; IT Asset Disposition for retiring or legacy enterprise equipment; and Hardware Resale for sourcing new resale, pre-owned, hard-to-find or end-of-life enterprise hardware. As part of its channel-focused strategy, it counts Hewlett Packard Enterprise, Hewlett-Packard Inc., IBM, Cisco, Dell EMC, Lenovo, Oracle, NetApp and Blancco amongst its list of partners and customers.

Headquartered in Singapore, Procurri employs more than 400 employees across its 14 offices worldwide, with an extensive operations and services coverage spanning more than 100 countries.

History

Procurri was founded to help global enterprises on their cloud adoption and to assist global enterprises in their digital transformation.

It was incorporated on 15 March 2013 as "ASVIDA Corporation Pte. Ltd." and subsequently renamed "Procurri Corporation Pte. Ltd." on 14 August 2013. On 29 June 2016, it converted into a public company and changed its name to "Procurri Corporation Limited". It was successfully listed on the Mainboard of the Singapore Exchange on 20 July 2016.[1][2]

Procurri exponentially grew its business in the last five years through a series of strategic acquisitions and organic ventures.[2] In a bid to integrate the various acquired entities to reap greater synergies across the Group, it rebranded its UK, Malaysia and Singapore entities to Procurri UK, Procurri Malaysia and Procurri Singapore, respectively, and launched its global brand "Procurri" worldwide in January 2016.[3]

In January 2018, Procurri embarked on an internal reorganisation to consolidate and rebrand its operations in the Europe, Middle East and Africa ("EMEA") region to a single entity, Procurri Europe Limited ("Procurri Europe").[4]

Products/Services

Procurri is a global independent provider of IT lifecycle services and data centre equipment. It has five business offerings[5]

  1. Hardware resale: flexible options to buy, sell and consign new-in-box, resale, pre-owned, hard-to-find or end-of-life data centre equipment
  2. Supply chain management: global fulfilment partner to complement your supply network by providing monitoring, movement planning and storage services
  3. Hardware-as-a-Service, or HaaS: an alternative to hardware resale through leasing or rental options, by offering IT equipment ownership as capex instead of opex
  4. Independent maintenance services: maintenance support for new, out-of-warranty and end-of-life IT equipment across all key brands
  5. IT Asset Disposition, or ITAD: industry-approved systematic approach to handle your retiring technology and prepare it either for refurbishment and resale, or data erasure and responsible disposal services

Recognition

Procurri has been named in several Gartner Reports:

  1. Procurri was listed among 18 other companies in Gartner's report, 'Competitive Landscape: Partnering with Third-Party Maintenance Providers for Data Center and Network Maintenance Cost Optimization', published on 7 July 2017 by Christine Tenneson[6]
  2. Procurri was listed as a Sample Vendor in Gartner's report, 'Lower Both Storage Acquisition and Ownership Costs by Using Third-Party Maintenance', published on 3 March 2017 by Stanley Zaffos[7]
  3. Procurri was listed as a Representative Vendor in Gartner's Report, 'Market Guide for IT Asset Disposition', published on 22 November 2016 by Rob Schafer and Christopher Dixon[8]

In 2017, Procurri's wholly-owned subsidiary, Procurri LLC, was featured in The Channel Company - CRN 2017 Fast Growth 150 List[9] and 2017 Solution Provider 500 List[10]. Procurri LLC has also been ranked in The Atlanta Journal-Constitution's Top 150 Workplaces for three consecutive years (2015 to 2017).

Procurri Corporation Limited Website

References

  1. ^ a b Procurri IPO offers 68.88m shares at 56 cents apiece. The Straits Times. 13 July 2016.
  2. ^ a b Procurri IPO offers 68.88m shares at 56 cents apiece. The Straits Times. 13 July 2016.
  3. ^ Procurri Launches Global Brand, Unveils New Brand Logo. PR Newswire. 15 January 2015.
  4. ^ Internal Reorganisation of Group Structure. SGX. 1 January 2018.
  5. ^ Company Profiles - Procurri Corporation Limited. The Worldfolio. Retrieved 1 June 2018.
  6. ^ Market Guide for IT Asset Disposition. 22 November 2016. Gartner.
  7. ^ Lower Both Storage Acquisition and Ownership Costs by Using Third-Party Maintenance. 3 March 2017. Gartner.
  8. ^ Competitive Landscape: Partnering with Third-Party Maintenance Providers for Data Center and Network Maintenance Cost Optimization. 7 July 2017. Gartner.
  9. ^ The Channel Company - CRN 2017 Fast Growth 150 List.
  10. ^ The Channel Company - CRN 2017 Solution Provider 500 List.
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