Tech firm expands through public sector contract wins
A Dublin-based data management company is halfway towards achieving a €10m turnover and is expanding its operations on the back of substantial public sector contract wins, siliconrepublic.com has learned.
The company, which is halfway through its financial year, is claiming a turnover so far of €5m on the back of substantial corporate and public sector contract wins. €2m of this total so far is through key public sector contracts with the Department of Justice, the South Eastern Health Board and the Revenue Commissioners.
In November, the company completed the rollout of a €500k project with the Department of Justice, Equality& Law Reform to install an IBM-based IT infrastructure in the Department's finance division based in Killarney. The finance division is in the process of establishing itself as a shared services centre serving the Irish Prison Service, An Garda Siochana and the Courts Service, as well as the Department of Justice itself.
Unitech Systems was set up in 1998 to provide consultancy services on large and midrange systems, principally in the IBM and Oracle markets. The company offers a range of high skill IT consultancy services in a range of areas, including ERP systems infrastructure, information technology consolidation and systems integration, e-business infrastructure solutions and data storage solutions.
Unitech has completed a series of high profile projects, working in co-operation with a number of different industry partners. Customers include AIB, Hibernian Insurance Group, First Active, DCC SerCom, Ulster Bank and Aer Lingus.
Unitech sales director and co-founder Tomas O'Leary pictured told siliconrepublic.com: "We started off in finance and insurance but began to invest heavily in Government-oriented business and have worked primarily with Government departments rather than local councils.
"As a result we are beginning to get recognised as a credible player in Government business circles. The key trends driving our business at present are centralized backup and disaster recovery planning. We have made revenues of €5m in the first six months of our financial year and are predicting a €10m turnover at year's end.
"Data management represents about 40pc of our business interests but generates about 60pc of our profits," O'Leary explained.
By John Kennedy