Monday, April 26, 2010

Start-ups gaining from technology recovery

THE INTERNATIONAL recovery in the technology sector, as shown by strong corporate results from Intel, Google and Apple, is reflected in the latest update to The Irish Times Tech50.

The constituents of our ranking of Irish technology firms are largely export focused and so have benefited from the upturn in global technology spending, even if the local economy remains in the doldrums.

NewBay, a maker of software that enables telecoms companies to provide access to social media services, remains Ireland’s strongest technology company on our index. NewBay increased its score from 81 to 83 since the Tech50 was introduced last December. The increase is on the back of a deal with Deutsche Telekom, which is using Newbay’s software to allow subscribers to instantly upload content from their handsets to the operator’s Media Centre. Read More

Courtesy: Irish Times

No comments: