06/11/2002

Technology-led companies becoming a driving force

Companies in niche technology markets are increasingly driving the transformation of Northern Ireland into a knowledge-driven economy.

This was the message from Parliamentary Under-Secretary of State, Ian Pearson, who was speaking during a visit to Invest NI client companies, Consilium Technologies in Antrim and ICS Computing based in the Harbour Estate in Belfast.

Mr Pearson said: “I’ve been impressed by the enterprise and innovative technologies of Northern Ireland companies in the short time I’ve been here.

“These companies have the smart ideas and the global outlook that the Northern Ireland economy needs to achieve faster growth rates.

“I know from my recent discussions with Leslie Morrison, Chief Executive of Invest NI, that the organisation is focusing resources on growth companies and putting in place sector strategies that will assist them to add value to their business in areas such as marketing, R&D, finance, and continuous improvement techniques.

“Invest NI’s support for ICS Computing and the Consilium Group in a number of key areas, including export marketing initiatives and ongoing product research and development, reflects the importance placed by the agency on knowledge-based companies and the key role they play in the local economy."

Consilium Technologies specialises in web-based software products and service solutions for the local government market and has developed a number of leading-edge software products in response to the drive towards e-government.

ICS Computing provides a range of IT solutions including accounting systems and services, payroll and human resources solutions, software development and business intelligence. The company is currently developing new products in the areas of electronic and web-based business systems.

(MB)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

23 August 2002
Conference highlights £1.27bn SME sector funding
A major European conference next month aims to help small firms to access the £1.27 billion of cash aid available to SMEs throughout the UK.
09 August 2001
European markets battered by US fall
Europe’s battered stock markets slid further on as further gloomy news on the US economy emerged. Early morning trading on Thursday 9 August saw the FTSE Euro 300 slip back around 17 points hovering at 1,300.
19 June 2017
Trade Mission To South Africa & Nigeria Announced
Invest NI have announced a Trade Mission to South Africa and Nigeria from 11 – 15 September, 2017. Businesses are invited to join the mission and take advantage of the business opportunities within the region. South Africa and Nigeria are both emerging and import dependent markets offering a multitude of export opportunities for local companies.
03 July 2002
Far East success for local companies
Firm orders worth almost £2.5 million were secured by local companies on the recent Invest NI trade mission to the established markets of Singapore, Malaysia and Vietnam.
31 October 2016
Product Design Workshop Announced By Invest NI
Invest NI has announced a free product design workshop to be held in December, aimed at helping businesses learn about successful product design.