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Why Mobile Technologies Inc. Established European HQ in Ireland

05 Apr | By Smart MBS

 

Why Mobile Technologies Inc. Established European HQ in Ireland

At the 2016 Rio Olympic Games, USA athlete Ashton Eaton won the men’s decathlon. His time in the 100 metres sprint discipline probably wouldn’t have placed him high enough to race against Usain Bolt in the individual final; he would have finished a half second behind the world-beating Jamaican sprinter.  Equally, his long jump, though he won the discipline in the decathlon, would have placed him way down the leaderboard in the individual competition; 44cm shorter than the gold medal jumper. Yet Ashton competed against 32 other athletes over two days and came out on top. He may not have been the very best in the world at any of the 10 disciplines, but he was certainly skilled and competitive in all.

If the Irish economy was an Olympic athlete, it would no doubt be a decathlete.

The Irish economy isn’t the biggest in the world nor does it have the largest population of workers, but it is certainly highly skilled and competitive.

At present Ireland boasts:

  • The fastest growing economy in the Eurozone
  • The 6th most competitive in the world
  • The youngest population in Europe, with almost half the population under the age of 34
  • An education system ranking in the top 10 globally for:
    • Quality of the education system.
    • University education that meets the needs of a competitive economy.
    • Knowledge transfer between universities and companies.
And that’s why the companies located in Ireland include:
  • 9 of the top 10 global pharmaceutical companies
  • 9 of the top 10 software companies
  • 12 of the top 15 medical tech companies
  • 15 of the top 20 financial services companies
  • 9 of the top 15 internet companies
  • 3 of the top 6 games publishers
One such company that recognised the opportunity for business expansion into Ireland is Mobile Technologies Inc. Their recent announcement to expand further has meant their Irish location will become their European Headquarters.

Company – Mobile Technologies Inc. (MTI)

  • Location – Drogheda, Louth

  • Announcement – “MTI is to hire 150 people in its newly established European Contact Centre Headquarters in Drogheda”

Maybe not one of the more recognisable names, but MTI are a leader in mobile technology. They provide merchandising security for both consumer and enterprise applications.

They seem quite happy to operate out of sight as they want their clients’ “products, sales and service to be the focus, while our security operates efficiently in the background”.

The company was founded in 1977, well before we had mobile devices. Their HQ is in Oregon, USA, and they operate in over 90 countries worldwide. Their clients are a who’s who of retail excellence including Amazon, Best Buy, Costco, Sony, O2, Target and Google.

They first touched down in Dublin in 2014 and last year announced a move north to County Louth and an expansion requiring a further 150 people.

President and CEO of Mobile Technologies Inc., Chris Remy commented:

“We chose Ireland due to its talented technology-savvy workforce, attractive business environment, and its membership in the European Union.”

Big company expertise for SMes

Much attention is paid to the high-profile company names that have set up and flourished in Ireland. However, there are equal opportunities for ambitious companies of all sizes.

Typically, Smart MBS clients are well-established businesses in their native countries and require a company set up in Ireland that will employ 30-100 people in the early years. We offer a turnkey solution at a predetermined cost that allows companies with a vision to expand, the real possibility of achieving this.

Get in touch today if you are curious about how Smart MBS can help your company.

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Topics: Ireland, Expanding Overseas, Foreign Direct Investment

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