Business analysis software developer Action Point Technology Group has unveiled plans to create 50 jobs by the end of 2014.
The Limerick 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 software development.
Action Point anticipates an 84% increase in turnover in the current financial year alone to €3.2 million. 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 also has offices at Fitzwilliam Place, Dublin 2 and the National Software Centre, Mahon Point, Cork.
Action Point 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."
TechCentral Reporters