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Open Arms to Innovation

Hong Kong is an ideal place for niche players like PALO IT thanks to a strong client base and the potential to grow the business regionally.

Since its creation in 2009 in France, PALO IT has been providing human-centric design software development and innovative digital transformation solutions to companies ranging from small and medium local businesses to multinational companies across a wide spectrum of industries. The organisation is guided by a set of core values inspired by Open Source and Agility principles.

Open Arms to Innovation

“Having a clear and strong vision must be the prime driver for a business. At PALO IT, we aim to harness the power of technology for the greater good. We help our clients to create new products, services and business models that disrupt their industry and have a long-lasting positive impact on our society”.

“Hong Kong is obviously a great place for business because it’s a hub in Asia for regional headquarters and operations. We have easy access to decision makers, and the city welcomes innovation, as long as you can act fast and bring value to the table. Hong Kong’s regulations are pretty simple and stable. Together with a transparent tax system, these make entrepreneurs like us feel confident and being supported here.”

PALO IT entered the Hong Kong market in 2016 and mainly targets Fortune 500 companies. Having said that, the first client they had here was a local leading media company in Asia. Like many others in the city, market leaders of today and tomorrow aspire to innovate and digitize their business to accelerate their time to market. With a unique end-to-end approach, PALO IT helps them to reinvent themselves in a rapidly changing environment.

Building Bridges
“Hong Kong is the perfect place to build bridges between Mainland China and the rest of the world. 50 percent of the world population can be reached within four to six hours flight from Hong Kong. Indeed, the Guangdong-Hong Kong-Macao Bay Area has every potential to be the next Silicon Valley.” Bocquet continues, “When I go to different gatherings and conferences, I see more and more startups which are not only from Mainland China but also from the rest of Asia. It’s important for us to be in this ecosystem as we are no longer just a French company but an international company with talents from everywhere.”

So far, PALO IT Hong Kong gathers together 30 Palowans, including Insight Researchers, UI/UX Designers, Developers, Architects, Tech Experts, Data Scientists, Agile Coaches, Scrum Masters, Product Owners and support team members. Moving forward, Bocquet plans to hire a local Managing Director to lead the team, as well as 30 consultants. Bocquet is confident that the clear vision and the great company culture will attract new talents. Indeed, PALO IT offers many opportunities to take their career to the next level!

Bocquet approached InvestHK when he decided to expand his new PALO IT venture in Hong Kong. He was immediately impressed by how well the department understood his business needs and the ongoing support. He also appreciated the very efficient and business-oriented approach of the French Chamber of Commerce in Hong Kong.

He finds Hong Kong a great place to live, with the beautiful nature and nightlife for relaxation. He enjoys the good work-life balance here and is glad to provide his two children the opportunity to explore new culture and learn different languages.

Friday, December 29, 2017

Further Reading (Please click here to download Acrobat Reader)

Fast Facts

  • Founded in France in 2009 and established its Hong Kong office in 2016
  • Employs 300 staff from 25+ nationalities

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