Industry & Business

Newry Software Business Creating 14 New Jobs to Support Growth in the US

 Breaking News
  • ASAI Issues New Guidelines For Advertising Mobile Phone and Broadband Services The Advertising Standards Authority for Ireland (ASAI), the independent self-regulatory body committed to promoting the highest standards of marketing communications in Ireland, has introduced new guidelines relating to the advertising of mobile phone and broadband services. The guidelines will complement the existing ASAI Code in ensuring that certain marketing terms used by telecommunications operators convey [...]...
  • Sustainable Apartment Living For Ireland A new report on sustainable apartment living in Ireland was launched by the Housing Agency and Clúid Housing. Amongst some of the reports findings and research were that apartment living has increased in the last few years and according to the report, the number of apartments in Ireland has increased by 85% between 2002 and [...]...
  • Brand New Campaign Showcasing Ireland’s Food and Drink Starts Fáilte Ireland’s Taste the Island campaign has gone live with a brand-new TV ad encouraging domestic holidaymakers to take a short break in Ireland to enjoy some of the 700+ food and drink related experiences on offer across this September, October and November. Taste the Island is a 12-week celebration of Ireland’s seasonal ingredients, adventurous tastes [...]...
  • Enet Expands its Data Centre Connectivity Portfolio Across Dublin Enet, Ireland’s largest wholesale, open-access network provider, has added six more data centres across Dublin to its national network. The additional data centres allow it to offer more options when it comes to dark fibre and managed bandwidth to its customers, and will result in increased connectivity for consumers. Enet is now connected to 25 data [...]...
  • ACCA and Bank of Ireland Issue Warning Amid Foreign Currency Fluctuations Many Irish companies that deal in foreign currency are exposing their businesses to significant and unnecessary profitability risks due to a lack of consideration of appropriate hedging within their organisations. That’s the message from the Association of Chartered Certified Accountants (ACCA) and Bank of Ireland who have launched a new programme to support businesses in [...]...

Newry Software Business Creating 14 New Jobs to Support Growth in the US

Newry Software Business Creating 14 New Jobs to Support Growth in the US
May 16
13:48 2018

Fieldmotion is expanding its workforce in Newry as part of an investment targeting additional US sales. The company is benefiting from Invest Northern Ireland assistance to recruit 14 new jobs, almost half of which are already in place. Fieldmotion has a growing network of UK and US based partners licensing its workflow and field management software, which was developed using R&D support from Invest NI.

Welcoming its progress and growth plans, Mark Bleakney, Invest NI’s Southern Regional Manager, said: “Fieldmotion has experienced encouraging growth in its target markets and this in an important investment that will help to accelerate its progress in the US. The 14 new jobs being recruited will generate £333,000 annually in additional salaries to the Northern Ireland economy and create valuable employment opportunities in the Newry, Mourne and Down area.

“This entrepreneurial tech company has worked closely with Invest NI from its inception and benefited from a range of support including mentoring on the Propel programme and technical advice to secure IP protection. Investing in R&D, marketing development and job creation has given Fieldmotion a solid competitive position to target new business outside of Northern Ireland.”

The 14 new jobs being recruited by 2020 include Sales, Digital Marketing and Technical support positions. Six of the roles are already in place. Invest NI has offered £99,500 towards the job creation.

Jim Finnegan, CEO of Fieldmotion, said: “The workforce management software market is growing and we see significant market opportunity to license our software globally. Our product provides a cloud based digital platform for field workers, allowing data capture in real time and facilitating effective communication, real time decisions, accountability and time management for businesses across any industry or sector.”

The company has also received £150,000 investment from the Growth Loan Fund to support its development. The fund is part of Invest NI’s Access to Finance portfolio and is managed by Whiterock Capital Partners.

“Invest NI’s ongoing support has been central to our progress to date and will help to accelerate our three year development plan. Recruiting 14 new staff will create the additional resources needed to continue to build our customer base and achieve our growth objectives. We are encouraged by the development of our partner network to date and will be focused on driving growth in the US as well as targeting prospective partners in Australia, Canada, QATAR, Kuwait and India,” adds Jim.

Neil McCabe, Senior Investment Manager at WhiteRock Capital Partners, commented: “Fieldmotion has a strategic plan in place to further grow its footprint in the US market. We’re delighted to be able to provide funding to help an innovative company reach its full potential. Jim has identified a gap in the market for a product that has global appeal to a variety of sectors. Indigenous companies such as Fieldmotion are the type of businesses the Growth Loan Fund is keen to support.”

Invest NI’s research and development assistance is part funded by European Regional Development Fund.

CAPTION:

Pictured (L-R): Mark Bleakney,Southern Regional Manager, Invest NI; Jim Finnegan, CEO of Fieldmotion; and Neil McCabe, Senior Investment Manager at Whiterock Capital Partners.

About Author

admin

admin

Related Articles

New Subscriber

Subscribe Here



Advertisements





















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4