IT spend by Irish SMEs recovers – Intact

Mark McArdle, managing director of Intact Business Systems, believes the technology sector in Ireland may have reached a turning point and is on the road to recovery.

In operation around 20 years, Intact Business Systems has offices in Dundalk, Cork and Omagh.

It reported a 49pc increase in sales of its accouting and business management software solution Intact and a 13pc rise in hardware sales in the first half of the year, compared to the same period in 2011.

In addition, staff numbers have gone up by 50pc to 42 people since 2009.

McArdle attributes the turnaround in part to SMEs on the island of Ireland now looking to grow their businesses rather than cutting back.

“The past few years have all been about reducing costs, tightening IT spend and assessing current processes.  While cost control still remains a strong focus, we are seeing more emphasis on strategic growth,” he said.

“During slow periods, SMEs evaluated where their existing systems were failing them.  Now with a renewed focus on growth they are looking to put in place the right systems to enable them to grow and quickly adapt to customer changes.  After ‘making do’ for a number of years, Irish firms are preparing to prosper again.”