E

eir-evo

lightning_bolt Market Research

eir evo Company Profile



Background



Overview

eir evo is a leading telecommunications and ICT solutions provider in Ireland, formed through the merger of eir Business and Evros Technology Group in March 2021. This strategic consolidation has enabled eir evo to offer a comprehensive suite of services, including voice and data networking, IT solutions, cybersecurity, and cloud technologies, catering to both public and private sector clients across Ireland.

Mission and Vision

eir evo is dedicated to empowering businesses and organizations in Ireland by delivering innovative and reliable technology solutions that drive digital transformation and operational excellence. The company's vision is to be the preferred partner for enterprises seeking end-to-end ICT services, fostering growth and competitiveness in the digital era.

Primary Area of Focus

The company specializes in providing integrated telecommunications and IT services, focusing on:

  • Voice and Data Networking: Offering robust and scalable networking solutions to ensure seamless communication and data transfer.


  • IT Solutions: Delivering comprehensive IT services, including infrastructure management, software development, and system integration.


  • Cybersecurity: Implementing advanced security measures to protect organizations from evolving cyber threats.


  • Cloud Technologies: Providing cloud-based solutions that enhance flexibility, scalability, and efficiency for businesses.


Industry Significance

eir evo holds a significant position in the Irish ICT sector, leveraging its extensive network infrastructure and strategic partnerships to deliver high-quality services. The company's commitment to innovation and customer-centric solutions has established it as a key player in supporting Ireland's digital transformation initiatives.

Key Strategic Focus



Core Objectives

  • Digital Transformation Enablement: Assisting organizations in adopting and integrating digital technologies to enhance business processes and customer engagement.


  • Service Excellence: Maintaining high standards of service delivery to ensure customer satisfaction and loyalty.


  • Market Expansion: Broadening the company's reach within Ireland and exploring opportunities in international markets.


Specific Areas of Specialization

  • Managed Services: Providing end-to-end management of IT and network services to allow clients to focus on core business activities.


  • Cloud Solutions: Offering scalable and secure cloud services tailored to meet diverse business needs.


  • Cybersecurity Services: Delivering comprehensive security solutions to safeguard organizational assets and data.


Key Technologies Utilized

  • Microsoft Dynamics: Standardizing CRM platforms to enhance customer relationship management and operational efficiency.


  • Next-Generation Networks: Deploying advanced fiber-optic and 5G networks to provide high-speed connectivity.


  • Cloud Platforms: Utilizing leading cloud technologies to offer flexible and scalable solutions.


Primary Markets Targeted

  • Small and Medium Enterprises (SMEs): Providing tailored solutions to support the growth and digitalization of SMEs.


  • Large Enterprises: Offering comprehensive ICT services to meet the complex needs of large organizations.


  • Public Sector: Delivering secure and reliable services to government agencies and public institutions.


Financials and Funding



Funding History

As a privately held company, eir evo's detailed financial information is not publicly disclosed. However, the merger between eir Business and Evros Technology Group in 2021, valued at €80 million, significantly enhanced the company's financial position and service capabilities.

Recent Funding Rounds

Specific details regarding recent funding rounds are not publicly available.

Notable Investors

The company operates as a subsidiary of the eir Group, which is majority-owned by Xavier Niel's Iliad SA and NJJ Telecom Europe. Other major investors include Anchorage Capital Group and Davidson Kempner.

Intended Utilization of Capital

The capital from the merger and subsequent investments have been utilized to:

  • Network Expansion: Building and enhancing high-speed fiber-optic and 5G networks across Ireland.


  • Service Development: Expanding the portfolio of managed services, cloud solutions, and cybersecurity offerings.


  • Talent Acquisition: Recruiting skilled professionals to support the company's growth and innovation initiatives.


Pipeline Development



Key Pipeline Candidates

eir evo is actively developing and deploying:

  • 5G Network Infrastructure: Expanding 5G coverage to provide faster and more reliable connectivity.


  • Cloud Service Offerings: Enhancing cloud solutions to meet the evolving needs of businesses.


  • Cybersecurity Solutions: Developing advanced security services to address emerging cyber threats.


Stages of Development

  • 5G Network Infrastructure: Ongoing deployment with plans for nationwide coverage.


  • Cloud Service Offerings: Continuous enhancement and expansion of cloud services.


  • Cybersecurity Solutions: Ongoing development to incorporate the latest security technologies and practices.


Target Conditions

The company's pipeline initiatives aim to address:

  • Increased Demand for High-Speed Connectivity: Providing faster and more reliable internet services.


  • Digital Transformation Needs: Supporting businesses in adopting cloud technologies.


  • Cybersecurity Challenges: Protecting organizations from evolving cyber threats.


Anticipated Milestones

  • 5G Network Infrastructure: Achieving nationwide coverage by 2025.


  • Cloud Service Offerings: Launching new cloud products and services in 2024.


  • Cybersecurity Solutions: Introducing advanced security features in 2024.


Technological Platform and Innovation



Proprietary Technologies

eir evo leverages proprietary technologies in:

  • Network Management: Utilizing advanced systems for efficient network operation and monitoring.


  • Cloud Services: Developing in-house cloud platforms tailored to client needs.


Significant Scientific Methods

The company employs:

  • Data Analytics: Analyzing network performance and customer usage patterns to optimize services.


  • Machine Learning: Implementing algorithms to enhance cybersecurity measures and predictive maintenance.


AI-Driven Capabilities

eir evo integrates AI technologies in:

  • Network Optimization: Using AI to predict and mitigate network issues.


  • Security Threat Detection: Employing AI to identify and respond to cyber threats in real-time.


Leadership Team



Key Executives

  • Martin Wells: Managing Director of eir evo, overseeing the company's strategic direction and operations.


  • Philip O'Meara: Regional Director for Northern Ireland, responsible for expanding eir evo's presence and services in the region.


  • Matt McCloskey: Sales & Marketing Director for Northern Ireland, leading business development and marketing initiatives.


Professional Backgrounds

  • Martin Wells: Formerly Managing Director of eir Business, with extensive experience in telecommunications and ICT services.


  • Philip O'Meara: Experienced in telecoms and IT sectors, focusing on business growth and customer engagement.


  • Matt McCloskey: Specializes in sales and marketing strategies within the technology industry.


Key Contributions

  • Martin Wells: Led the merger between eir Business and Evros Technology Group, forming eir evo.


  • Philip O'Meara: Expanded eir evo's operations in Northern Ireland, increasing staff and service offerings.


  • Matt McCloskey: Developed and executed marketing strategies to enhance eir evo's market presence.


Competitor Profile



Market Insights and Dynamics

The Irish telecommunications and ICT sector is characterized by rapid technological advancements and increasing demand for digital services. Key trends include the expansion of 5G networks, cloud adoption, and heightened focus on cybersecurity.

Competitor Analysis

  • Vodafone Ireland: Offers a range of telecommunications and ICT services, competing in both consumer and enterprise markets.


  • Three Ireland: Provides mobile and broadband services, with a growing presence in the enterprise sector.


  • BT Ireland: Delivers a variety of ICT solutions, including networking and cloud services, targeting large enterprises.


Strategic Collaborations and Partnerships

eir evo has established partnerships with leading technology brands, including Microsoft, Cisco, HPE, Dell, and Citrix.
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