£7.9m contract win for security tech company

Security and surveillance technology business, Synectics, has been awarded worth about $10m/£7.9m to upgrade and expand the surveillance system at a major gaming resort in South East Asia.

Delivery of the contract is anticipated to begin late in the Sheffield-headquartered company’s current financial year ending 30 November 2024, with completion expected by the end of the financial year ending 30 November 2025.

The client has been using Synergy, the business’s proprietary software platform, since 2014 and the contract will expand and upgrade the customer’s existing system to the latest version of Synergy.

Synectics says this is a complex project with the customer’s system remaining in operation 24/7 throughout the upgrade.

Paul Webb, chief executive officer of Synectics, said: “We are pleased to have secured this contract which reflects the significant market opportunity that exists in the casino and leisure sector in Asia.

“The strength of Synergy’s capabilities and the quality of our support is evident by the fact that the customer, who has been working with Synectics since 2014, has committed to such a significant, long-term upgrade and expansion programme with us.”

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