HCS invests €3.2m to double its workforce and revenues
IT, security and telecoms company HCS is investing €3.2m to double the size of its workforce and business revenues within the next three years.
HCS has started its recruitment programme and will grow its workforce to 60 over the next three years.
Following the investment, HCS is forecasting increased annual revenues of €9m by 2025.
HCS provides secure integrated IT, telecoms and productivity solutions to enable better business performance for Irish companies.
Headquartered in Waterford and with a base in Dublin, its latest investment has enabled HCS to open a third location in Cork.
The new roles will include security, telecoms, business applications and managed services.
HCS said it will be hiring cybersecurity consultants and engineers in response to growing customer demand for cyber risk management.
It also said it is creating roles for Microsoft software and business application developers across Power Platform and Dynamics, as organisations look for ways to support the shift to the cloud and enhance productivity.
Neil Phelan, CEO of HCS, said the company was seeing the convergence of major industry trends such as security and telephony in today’s hybrid world.
“We build security into everything we manage for customers and we expect to see high growth across cybersecurity and managed IT services in the face of evolving threats and the rise in hybrid working,” Mr Phelan said.
“We anticipate further opportunities for growth in the productivity space and we’re excited to expand our capabilities in Microsoft business applications. We also expect continued adoption of hosted telephony, driven by flexible working practices and the replacement of traditional copper wires with fibre lines throughout the country,” he added.