Irish software company, Eurologic Systems yesterday announced the opening of an office in Beijing to represent its network storage technology business in the rapidly growing Chinese market. The announcement was made at the end of an Enterprise Ireland software trade mission to China to investigate the market and to seek local partners.
Eurologic, a worldwide provider of network storage solutions, has decided to open an office in China to provide sales and storage configuration support to customers throughout the country. The company already has a strong presence in the United States and Europe and is keen to expand into the Asia-Pacific region.
Eurologic believes the enormous and rapidly developing IT and communications infrastructure in China is driving demand for storage. Many of China's server manufacturers, such as Legend, Founder and Langchow, are rapidly gaining market share in the global market. Eurologic will seek to form partnerships with the leading providers in China to help meet growing storage requirements, according to the company's chief representative officer for China, Mr Li Yang.
He said maintaining the phenomenal levels of subscriber growth in communications services, corporations and communications service providers alike would require highly effective, yet cost-efficient storage resources. The Eurologic announcement was made by the Irish Ambassador to China, Mr Declan Connolly, at a reception for the Irish software mission in Beijing last night.
Last year the total exports of hardware and software product direct to China from Ireland was £39 million (€49.5 million), while the figure for export to Hong Kong was £118 million. According to the Enterprise Ireland representative in China, Mr Michael Garvey, China's investment in its telecoms industry is very attractive for Irish companies.
"China is now the largest market in Asia for mobile phones, with more than 100 million users, bigger than Japan. By the year 2005, China will exceed the US and will become the largest mobile phone market in the world. There are huge opportunities here for Irish companies."
