Action Point Technology Group – a technology services and software development specialist company founded by UL Computer Systems graduates, John Savage and David Jeffreys - has unveiled expansion plans to the end of 2014 that will result in the creation of 50 new high-grade technology jobs. The announcement was officially made by Finance Minister Michael Noonan at the Kemmy Business School, University of Limerick.
The jobs will be mostly created in the software development side of the company’s operations, with the first phase of the expansion, incorporating seven of the 50 posts, currently being finalised. The next phase of recruitment, of 30 software developers, begins immediately, with the remainder to come on stream between now and the end of 2014.
Action Point Technology Group anticipates an 84% increase in turnover in the current financial year alone to €3.2m. Overall growth targets for the next three years will bring employment levels from 26 to 69, with the majority of these new posts created at its headquarters in Limerick. Action Point Technology Group also has offices at Fitzwilliam Place, Dublin 2 and the National Software Centre, Mahon Point, Cork.
The company’s growth has been concentrated on the Irish market to date and shared between its technology management and software development services. Largely due to significant expansion of business in the UK, the Irish market will be overtaken by export trade, which will account for 70% of sales, over the coming years, with the growth dominated in the software development sector of the company’s operations.
Commenting at the announcement, Action Point Technology Group CEO David Jeffreys said, “This is a pivotal moment for Action Point as it marks an exciting phase of expansion of our company. Thanks to our unique proposition encompassing all aspects of technology and software development, we have achieved steady growth we established Action Point in 2005 but we are now setting ourselves more ambitious targets based on the very real opportunity we believe there is for a specialist operation like ours.We believe that as a business, Action Point very much mirrors a wider opportunity for the Irish economy in the years ahead. That’s in delivering highly advanced services and products for the export market.”
Announcing the expansion of the indigenous Limerick company, Finance Minister Michael Noonan said, “I am delighted that Action Point’s expansion phase will lead to the creation of 50 jobs. This expansion is an example of the increasing opportunities for service providers, especially in high end IT services and infrastructure and it shows that indigenous Irish companies can rapidly expand and compete in international markets.”
Founded in 2005 by David Jeffreys and John Savage, graduates of UL’s BSc Computer Systems programme, Action Point Technology Group delivers a unique proposition in technology services in Ireland by combining technology services with software development.
Speaking at the announcement, UL President, Professor Don Barry said; "At UL, we believe in the importance of helping our students to work positively with others, to operate in challenging and changing environments, to develop the skills to articulate their ideas and perspective, and to enlist the courage it often takes to make a real difference in the world. The Founders of Action Point, John and David and their team are helping to make that real difference for our local economy."
The company’s software development solutions involve a bespoke technology innovation partnership, including a highly skilled and multi-disciplined team, to take client companies from concept through to ‘go-to market’ stage. The service includes business analysis, software product development and accessibility of client companies to a vast library of software codes written over the last ten years. Its technology services include design, installation and management of technology services for medium size to large companies. Services also include risk minimisation and disaster recovery solutions, involving both storage and virtualisation, as well as cloud.