An Taoiseach Enda Kenny, TD, today opened the new global headquarters of Fleetmatics Group in Cookstown, Dublin, while the firm announced plans to expand its software development team to support global growth.
The Fleetmatics Group provides fleet management solutions to small and medium-sized fleet businesses worldwide as both Fleetmatics and SageQuest. Last year, the company served more than 17,000 customers, producing insight and analysis on daily activities of more than 300,000 fleet-based vehicles around the world, tracking data such as vehicle location, fuel usage, speed and mileage.
The group also has offices in the UK and US, and recently raised more than US$100m from its IPO last year, when it became the fifth Irish company ever to be listed on the New York Stock Exchange.
The new facility, based just outside Tallaght, houses Fleetmatics Group’s global product development centre.
“Today’s event reinforces our commitment to Dublin as our centre of innovation,” said Fleetmatics CEO Jim Travers. “This new facility in Cookstown will serve as our primary global product development centre. In addition to the Cookstown location, Dublin is also home to the joint global data centre responsible for the European market.”
Fleetmatics currently employs 50 personnel at its Dublin base, 35 of which are software developers. The company revealed today its plans to increase the number of high-end software developers on its staff by about 30pc in the short-term, and to double the number employed at the facility further down the line.