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Innovate plans to double revenue


Innovate CEO Jim Hughes.

Innovate CEO Jim Hughes.

Innovate CEO Jim Hughes.

Wexford company, Innovate, has announced new business contracts worth €2.7m as part of its plan to double its overall revenue over the next three years.

The Gorey based IT and cloud service provider is a leader in the industry and has won contracts with the largest Irish-owned pharmacy group Sam McCauley Chemists, the Irish Greyhound Board, Rosderra Irish Meats and industrial laboratory specialists, Mason Technology.

The business provides a wide variety of IT solutions across a number of areas including networking, security, unified communications and cloud infrastructure. It also provides solutions to Irish businesses in the area of managed SD-WAN (Software Defined Wide Area Network).

Sam McCauley Chemists recently announced a €50m acquisition programme as part of a planned three-year expansion plan. However, in order to achieve that scale of efficiently. the company is investing in an innovative end-to-end IT infrastructure using cloud technology and partnering with Innovate and SCT, a leading retail electronic solutions provider.

Speaking about the partnership Innovate CEO, Jim Hughes, said: 'The cloud is not a place, it is a business strategy, and the systems that we will manage for Sam McCauley Chemists are designed to scale with the demands of their business at any point in time allowing them to seamlessly implement their expansion plan.'

'We are working with customers, and a partner in SCT, who understand that digital transformation is a game-changer and technology is a driver of their business rather than a function of it,' added Mr Hughes.

Mr Hughes said that a key component of his company securing the contract was its ability to provide managed IT solutions to support existing internal resources.

Innovate is also providing a monitored WAN connectivity solution that will enable the Irish Greyhound Board to expand the use of video services, support live streaming - which is a critical growth driver - and becoming core to their business.

Innovate also hosted an SW-WAN event in conjunction with Virgin Media and CISCO on March 7.

The event took place at the Virgin Media HD studios in Ballymount and according to Mr Hughes SD-WAN services will be a vital area for his company going forward.

'We see the growth in demand for SD-WAN services as providing the biggest opportunity for the company over the next two years,' he said.

He also outlined the various benefits that SD-WAN can offer businesses and said that it provides ultimate security and allows the company to reproduce its digital footprint settings at any location in addition to other benefits including: 'Greater agility, advanced threat protection, responsiveness, and cost efficiency to businesses.'

Wexford People