Trinity Technology Group, a provider of specialist corporate solutions, is to establish an eBusiness Integration Centre in a new headquarters located at the former Oracle building in Blackrock.
A lease has been secured on the 14,000-square-foot building and £5 million in private and bank funding is in place to fit out the centre which will be open within 14-16 weeks.
The centre will offer customers application service provider and management service provider services. These include management of desktops, servers, networks, data, applications, e-business applications, support, store and security management.
The group is planning to establish further ebusiness integration centres in the UK and mainland Europe within the next 12 months. It is understood Mr Paul Connolly, a senior financial adviser who advised Esat Telecom on its takeover by British Telecom, has been engaged to begin organising a second round of funding. This would be worth £15-20 million and used to finance this expansion.
The company has already begun a recruitment drive to hire an additional 50 employees to staff the new centre in Blackrock. This will bring total employment to more than 100. Additional recruitment could bring this figure to 150 by this time next year.
These ambitious expansion plans follow a major restructuring over the past year which has seen co-founder, Mr Jonathan Mills, leave the company.
Mr Mills stake in the company was bought out jointly by the current joint chief executives, Mr Richard Booth and Mr Frank Ennis, who both own 50 per cent stakes in the firm.
Trinity Technologies business focus has also shifted, moving from providing just software and hardware to a much wider range of corporate solutions.
Establishing an ebusiness integration centre reflects this change of focus by providing customers with a complete solution, according to chief executive, Mr Robert Booth.
He said this focus would help the company boost revenue from £20 million in 1999 to £35 million this year.
The additional services available at the centre will be marketed to its existing customers which include Bank of Ireland, VHI, Enba and Esat Telecom shortly.
Trinity Technology Group has a number of strategic alliances in recent years with Computer Associations, Compaq, Sun and Oracle.
