IT security company Espion is to create 25 new jobs in Ireland and an additional 10 in the Benelux region. It is also establishing a new office in New York with support from Enterprise Ireland.
The increased headcount underpins Espion’s efforts to become a global ICT player and a key facet of this strategy is to enable US multinationals to do business across the EU.
The company is also opening an office in New York to bolster its efforts.
The firm plans to carve a niche, offering specialist consultancy to US multinationals navigating the European data protection, information security and multijurisdictional e-discovery landscape.
“There are unprecedented levels of complexity facing global businesses that need to manage and secure sensitive data in multiple regions across Europe,” explained managing director Colman Morrissey.
“We will offer our existing capabilities, with additional expertise around bridging gaps between US and EU data protection requirements.
“In the past 18 months, we have built a significant US multinational client base advising on navigating the EU regulatory and compliance landscape. Based on these engagements, we believe there are ample opportunities to grow this business. Our new stake in the US will greatly elevate our global expansion plans.”
First, we take Manhattan
Espion recently ranked on the Deloitte Technology Fast 50 for a ninth consecutive year, with 2014 revenues growing by more than 35pc over the previous year.
The firm currently employs 85 specialist consultants and expects staff numbers to hit the 120 mark by the end of 2015 to support expansion.
Espion is being supported by Enterprise Ireland in its march on the Big Apple.
“Indigenous firms like Espion have much to offer US multinationals and the US market. Ireland’s ecosystem for information security is among the best and most innovative in the world,” said Rory Griffith, senior vice-president for Financial Software & Services, Information Security and Government Solutions at Enterprise Ireland’s New York office.
“This is due to the excellent interaction of technology firms such as Espion with research institutes, colleges, universities, and industry associations, as well as deep participation with in-market Enterprise Ireland advisers and contacts.
“This level of collaboration is key to ensure continuous innovation and help Ireland remain a smart exporter of information security solutions and services,” Griffith added.
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