SOTI is to make an initial investment of €20million, following their announcement today that the mobile operations company will be expanding its workforce to Galway.
SOTI develop management solutions for business-critical mobility and the IoT. The company has committed to growing it’s operations in Ireland in the hope of creating a European tech hub.
The business’ initial €20million investment has been supported by the Irish Government and will create 50 immediate new jobs. A further 100 to be made available over the next three years. By the end of 2018 the company will employ a workforce of over 1,000 people.
The global company has 10 offices across the world. The opening of their new Galway offices is regarded as a significant milestone in the expansion of the company and ‘perfectly complements [the Government’s] strategy of developing the Atlantic Economic Corridor.’ The Atlantic Economic Corridor (AEC) is an initiative aimed at stimulating and driving regional development in Ireland, stretching from Kerry to Donegal.
The IDA are delighted to welcome the Canadian company SOTI to Galway, and see it as a great addition to Ireland’s portfolio of tech clients. Galway is a particularly attractive location for the company to set up given that it is already home to an array of Fortune 500 companies. The opening of the Galway offices is part of a wider European expansion to apply business-critical mobility to retail, healthcare and field services.i