Irish cybersecurity firm Ekco is expanding. It opens a new office in Trinidad and Tobago. This move signals a major investment. The company plans to invest €10 million. This will happen over the next two years. Ekco aims for significant regional growth. It expects to more than double its revenue. Regional revenues should rise from €2 million to €5 million. This expansion targets the wider Caribbean market. Countries like Barbados and Jamaica are also key. Business news highlights this strategic move.
Boosting Caribbean Cybersecurity
Ekco is creating new jobs. It plans 18 new positions by 2027. These roles will focus on sales and technical skills. The jobs will support regional growth efforts. Ekco’s strategy involves strengthening its presence. It seeks to deepen client relationships. The company also wants to enhance its regional standing. Mark Donnellan leads business development for the Caribbean. He calls this an “accelerated global expansion.” Organic growth drives this expansion. Strategic acquisitions also play a role.
Why the Caribbean?
Ekco sees great potential in the Caribbean region. Demand for its services is rising. Cyberattacks are increasing in sophistication. Regulations are also becoming stricter. Many companies face a shortage of technical talent. They also lack internal resources. Ekco’s expertise can fill these gaps. It helps businesses stay competitive. The company already works with regional organizations. These include entities in financial services, legal, and government. News reports indicate Ekco’s commitment. They aim to support the region’s growing economy. This expansion marks a new chapter for Ekco. It leverages its European success. The company seeks to influence the region’s tech landscape. It aims to foster regional growth.
Global Reach, Local Focus
Ekco is an established player. It has over 1,000 employees globally. Its operations span the UK, Europe, Asia, Africa, and the US. The company has a history of strategic acquisitions. This has fueled its rapid expansion. It recently opened a new headquarters. This facility is in Dublin, Ireland. It also operates a Security Operations Centre (SOC). This is its third global SOC. These facilities enhance its service capabilities. Ekco emphasizes a security-first approach. It offers managed cloud services. It also provides IT and cybersecurity solutions. Local expertise is crucial for its model. It combines this with European-scale delivery. This strategy builds customer trust.
Strengthening Regional Partnerships
Ekco plans to build on existing alliances. It will work with partners like the Caribbean Telecoms Union. Digicel is another key partner. These collaborations will enhance its capabilities. They will also drive further business growth. The company’s approach is phased. It involves establishing regional hubs. Trinidad and Tobago is the first hub. Future expansion targets other islands. Ekco will focus on creating data centers. Strategic partnerships are also vital. Training local talent is a priority. This ensures sustainable development. The company also commits to eco-friendly infrastructure. This aligns with sustainability goals. Investment in energy-efficient data centers is planned. Renewable energy sources are also a focus.
Future Outlook
This investment by Ekco is significant. It highlights the Caribbean’s growing importance. The region is a hub for digital transformation. Ekco’s expansion promises innovation. It offers advanced managed IT solutions. Small and medium-sized businesses can benefit. They gain access to scalable cloud services. Job creation is a key outcome. Skills development will also increase. Industry analysts see this positively. It may attract other cloud providers. This reinforces the region’s digital economy. Ekco’s move is a strategic step forward. It positions the company for future success. This development is important news for the region.