Sunday, 23 October 2016

IT retirement company plans to triple Republic of Ireland business to €3 million over the next three years

AMI,, today announces that it will invest €1.1m and create 15 jobs by 2018 as it grows its business and increases its team to 50. The investment is funded by the director. Available positions include engineers, logistics personnel and warehouse staff as well as sales and business development professionals. The company plans to triple its Republic of Ireland business to €3 million over the next three years.

AMI specialises in secure IT retirement services that can generate revenue back for customers from the safe disposal of older IT assets. It is among the world’s top seven companies for the quality of its secure data sanitisation processes, according to the world’s leading IT disposal standards body, ADISA. One quarter of Ireland’s 200 largest IT user organisations already have their old IT devices retired by AMI.

A major factor in AMI’s decision to invest in growth at this time is growing concerns over data security, stemming from the GDPR regulation which could see companies being fined 4% of their global revenues if they suffer data breaches. A strong increase in the need for AMI’s services from the fast expanding data centre industry in Ireland is also key.

Philip McMichael, managing director, AMI, said: “We have grown by 20% per year in each of the last three years, and while the recovering economy is part of this, a major factor is the volume of inbound multinational investment from industries where data security is critical. These include data centres, financial technology, and medical technology companies. We have also been retained by government bodies and a number of security specialists to manage IT disposal on their behalf.

“We’re always looking to grow and innovate, and the expansion in the technology sector in Ireland presents a huge opportunity for us. The IT retirement stage can leave data vulnerable if not handled correctly. The most security conscious companies choose AMI to be assured of the lowest risk of harmful data leaks from old devices. We have invested heavily in being the most secure operator on the market, and as more companies become aware of the importance of security, AMI aims to become embedded within their businesses.”

Faye Thomas, business manager, AMI, said: “AMI has achieved steady year-on-year growth since it opened its offices in Dublin in 2008. The larger team is to ensure that we can continue to deliver on our commitment to be the most service and customer focused company in the industry.

“Our Irish operations currently account for 35% of our overall business, and within the next three years we expect it to account for the majority of our business. We have already made a major investment in our data sanitisation technologies and systems so that we can securely process 3,000 devices and wipe almost 200,000 GBs per day. The focus now is now all about expanding our marketing and logistics capabilities to cater to customer needs.”