Dublin software firm DNM invests US$1.8m in North American expansion

19 Mar 2014201 Views

Dublin-headquartered DNM Analytics is to invest US$1.8m in an international expansion, beginning with its first North American office in Toronto.

DNM Analytics is a consultancy services company delivering enterprise data solutions in business intelligence, business analytics and data services across the globe.

Over the next 12 months, DNM is hiring 10 new Canadian employees, expanding to 27 over the next three years.

The company’s CEO David Quirke said Toronto was chosen for its competitive cost advantages, access to Canada’s talented workforce, and for its strategic location as a global business hub.

Toronto enjoys great market proximity. Located within 90 minutes of New York, Chicago, Boston, and Washington, Toronto is an ideal place to headquarter North American operations.

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“Due to the increased international demand to support our global customers in big data analytics, we needed to find a location outside of Europe,” Quirke said.

“Toronto offers great access to all of North America, while also being a very buoyant market with exceptional opportunities.

“Toronto was selected over London, due to the industrial diversity of Canada, and the expanding demand for data analytics and data management. We are committed to building a regional business staffed by Canadians and have been extremely impressed by the depth of skilled resources in Canada,” said Quirke.

Toronto image via Shutterstock

John Kennedy is a journalist who served as editor of Silicon Republic for 17 years

editorial@siliconrepublic.com