Case Studies
Case studies 1: in the field of technology innovation
LECCO Technology Ltd.
LECCO Technology Ltd. designs, develops and markets software of database performance enhancement tools. Its main product, LECCO SQL ExpertTM, uses artificial intelligence to identify, evaluate and rewrite Structured Query Language (SQL) statements to improve database application performance.
The company, established in 1995, entered the Hong Kong Industrial Technology Centre Corp. in 1997 and graduated in 1999. LECCOTECH employs more than 70 people, up from 18 in the 1998-99 fiscal year.
LECCOTECH currently has six direct sales offices — in the United Kingdom, Australia, Canada, Singapore and two in the United States — and a worldwide network of resellers and distributors. In less than a year, the company sold more than 720 licenses worldwide and generated more than US$1 million in sales revenues from such companies as Ericsson UK, Merrill Lynch UK, Lockheed Williams (US), 3M, Intel Corp. and Reuters Asia (HK). That's up 240 percent over the previous fiscal year.
The incubator provided with the essential ingredients of business success and helped us to build a solid foundation and good reputation within the Hong Kong information technology industry. The incubator contributed to the company in the areas of marketing assistance, professional image, credibility, staff training and business knowledge, networking and professional advice, and cost savings.
LECCOTECH started a program last year to donate LECCOTECH software to academic institutions to help teachers and students understand database concepts. The program began in response to a Brazilian university's inquiry and now involves four universities worldwide. "We want to give back and contribute to society through donating software and creating more job opportunities to the younger IT professionals," says Wong, who adds that they also want to promote the incubation program and acknowledge its contribution.
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