Yorkshire, UK-based construction contract change management Software-as-a-Service vendor Sypro has set up a Hong Kong subsidiary after winning a number of recent contracts in the region, according to a report this week on The Construction Index.
Sypro Management Hong Kong Limited will have an office in the Wan Chai business district on Hong Kong Island, helping it to develop existing business relationships and pitch for work from the public and private sector. MD Simon Hunt says:
We are already providing services to several organisations in Hong Kong and we are looking to build upon these relationships and develop new ones on other projects throughout the region.
The new office gives us a base to work from in the region. We can use it for client meetings and presentations. It’s in an impressive building in the heart of the main business district. This places us ahead of our competitors because we have a presence there as opposed to a faceless reseller arrangement with a local company.
We have appointed a couple of local representatives who report to me and we will be looking to expand our operations in line with business growth.
Formed in 2007, Sypro Management initially targeted NEC3 contracts in the UK (post), but the company missed out on being appointed as a licensed NEC content provider software for the NEC3 suite of contracts in December 2010 (post) – 4Projects and BIW (now Conject) were the preferred pair. However, this did not appear to hamper the company’s growth in the UK or overseas, and it formed a useful partnership with UNIT4 to augment its SaaS document collaboration platform Business Collaborator with its NEC3 functionality (post).
In the past year, Sypro has secured three contracts with China Light and Power, one of the largest power companies in the Asia-Pacific region, to help build a network of substations in Hong Kong. Sypro is also being used on a £70m underground stormwater storage scheme being carried out by the Hong Kong Government’s Drainage Service Department.