Minister of State at the Department of the Environment, Paudie Coffey, announced that CGM, LLC, will establish a software development centre in Waterford Institute of Technology’s Research and Innovation Centre Arclabs, creating 10 jobs.
CGM was introduced to Ireland through ConnectIreland, the company responsible for delivering the Government's Succeed in Ireland initiative, as part of the Action Plan for Jobs, in association with IDA Ireland.
Making the announcement at the official opening of the Startup Gathering in Waterford, Minister Coffey said: “This announcement is another boost for Waterford and shows that we are competing for investments and creating jobs. This announcement shows that Waterford people by using their contacts can also bring investment to Ireland with their own initiative. I want to welcome CGM to Waterford and hope that they have long association with Waterford and continue to grow and expand their operations.”
CGM Ireland Ltd, a newly established European subsidiary of CGM, LLC, will be based in Arc Labs, Waterford. The main functions of the Irish operations will include quality assurance, testing and support development activities for CGM’s online enrolment and auditing systems.
By establishing a collaborative quality assurance and software development centre in Waterford, CGM will continue to deliver software systems that result in improved profitability for customers.
The company is currently recruiting for up to 10 positions.
Co-founder, Kevin Murphy, said: “CGM has been developing software in Europe for several years now, and when the need arose to open an additional centre, Ireland, and Waterford in particular, seemed the best fit for our company for technical, business, and cultural reasons. We are very excited to get started in Waterford.”
The company was introduced to ConnectIreland through Neil Doherty from Dublin. Neil, who made the connection on a family holiday, is now in line to earn €15,000.
CGM chose to locate in Waterford due to a strong combination of access to resources, stability of job force and technical infrastructure. The company believes Waterford provides access to a pool of talent that CGM can utilize to support their technical growth.
Joanna Murphy, CEO of ConnectIreland, commented: “CGM has a strong focus on technology, innovation and product development and it is great to see that they recognise the value of locating in Waterford, where there is a wide talent pool and available network of skilled workers. This is another great regional win for the Succeed in Ireland initiative.”
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