A software firm founded in Derry by Terry Kavanagh has carved a lucrative niche in the areas of work process management and data quality.
Its strategy of going to market as a
sub-contractor with system integrators
such as Fujitsu and HP has allowed Foyle
Technologies to win business on both sides
of the border.
Kavanagh attributes much of his
Terry Kavanagh, Managing Director
and owner of Foyle Technologies Ltd
FOYLE TECHNOLOGIES
BATTLES THE BIG BOYS
software company’s recent success to
InterTradeIreland.
As a firm employing five staff, battling
against the big boys of the IT world is no
easy task.
But as Terry says, the networking
opportunities afforded by
InterTradeIreland opened doors for his
firm that were normally reserved for the
established firms.
During two years with InterTradeIreland,
Foyle Technologies has picked up lucrative
contacts with BT and the Northern Ireland
Housing Executive.
Foyle Technologies, which has been
trading for four years, specialises in
‘cleansing’ the databases of large firms
and organisations.
The Rosemount-based company’s
software can also be integrated into IT
infrastructures.
“InterTradeIreland definitely opened
doors for us,” said Terry. “We were able to
get in touch with customers that we would
not have otherwise been able to reach.
“There is only one other company
in Northern Ireland offering a similar
service to what we are doing. However,
worldwide there are a number of big
companies offering our service but they
are incredibly expensive. We can offer
the same for a lot less. That is our selling
point. InterTradeIreland understood that
and put us in touch with a number of big
name companies.”
However, networking is only one of the
benefits that Terry says InterTradeIreland
has brought his company.
The Derry businessman says the
introduction of a graduate into his small
firm proved particularly valuable.
“When we started out with the FUSION
programme, InterTradeIreland gave us a
graduate,” he said.
“I am pleased to say that it has worked
out very well and that the graduate
brought in will be staying on to help the
company grow.”
On a practical level, Terry says
InterTradeIreland also helped sharpen his
company’s competitive edge.
“When we started with InterTradeIreland
they identified what needed improved in
our business and we were given help with
our sales presentations.
“We were also given grants to expand
into the South and support in linking up
with Dundalk College. By taking part in
FUSION we were given access to expertise
that we wouldn’t normally have been able
to access.”
Foyle Technologies emerged from the
ashes of The Data Warehouse Practice
(TDWP) in October 2003 to capitalise on
the potential of two software products -
Matchsoft and Commix Framework - which
it acquired when the previous owner
ceased trading. |