Business

Lisburn-based IT company P2V Systems expands into the Republic

P2V announced its ambitious growth plans during a visit from economy minister Simon Hamilton in August
P2V announced its ambitious growth plans during a visit from economy minister Simon Hamilton in August P2V announced its ambitious growth plans during a visit from economy minister Simon Hamilton in August

LISBURN-based IT company P2V Systems have capped off an exciting period of growth with the opening of a new office in Dublin.

The firm, which specialises in providing IT solutions to both public and private sector organisations, will be focusing on building its cloud and business continuity services in the south.

P2V has ambitious turnover projections for the venture, which they expected to surpass €1 million in the next 18 months.

The announcement is just one of several significant developments for the firm in the past 12 months, including the launch of a hardware and software eShop and the addition of a further six employees to its previous compliment of 11.

The company has been trading for nearly a decade and since 2012 it has increased its turnover by more than £1 million through organic growth.

This success was reflected in an impressive 12th place ranking in the 2016 Deloitte Ireland Technology Fast 50. P2V also received its third Microsoft Partner Accreditation, a badge of honour in the tech industry.

Stephen McCann, managing director of P2V Systems, was optimistic about the firm’s future.

"We have an ambitious growth strategy in place, focused on growing our UK and RoI presence and doubling our workforce within the next 12 months," he said.

"The opening of a Dublin hub will allow us to further support the services we provide to our RoI customers, including several high profile projects within Dublin city."

P2V has received support from Invest NI and its directors announced their growth plans in August during a visit from economy minister Simon Hamiltion.