Procurri experienced sharp growing pains in 3Q2019 as its staff costs jumped S$1.7 million.
"This integration of our maintenance portfolio overwhelmed the system that was currently in place. We decided to increase engineering headcount and put temporary processes in place," says Procurri in its 3Q19 financial results statement. The worst is over at Rockland, in which Procurri acquired, in April 2019, the remaining 49% stake it didn't own. "We expect our operating metrics to return to historical levels by end of Q1 2020." |
Procurri: "A 21st century IT vendor" |
"The IT world was set up decades ago where OEMs manufacture new computers, they sell to the world’s largest companies which keep them for a few years and then replace them. |