A Chicago-based technology and business company is setting up its European Headquarters in Waterford.
Tegus is a leading provider of primary business and market intelligence. The company intends to create up to 100 jobs over the next two years.
Tegus serves more than 1,000 customers worldwide, including investment firms, corporations, and consultancies. The company says the EMEA team will enable Tegus to further build-out its global content and data sets by supporting more local customers and covering a growing number of international companies on its platform.
"We are seeing more and more institutional investors and corporations incorporating qualitative and primary research into their processes to make better and faster decisions", said Thomas Elnick, Founder and Co-CEO of Tegus. "As we expand internationally, we are relentlessly focused on delivering an incredible user experience and product for our customers. Ireland provides us with the perfect entry point to EMEA to support our growing global customer base and align our team with our customers' success."
David Cashman, Vice President of EMEA at Tegus highlights, “Our people are our greatest asset, always. Personally, I know Waterford boasts great talent, now we can offer global level tech jobs to the amazing local talent. We look forward to building the Tegus brand in Waterford as one of the premier tech companies to build and grow your career.”
Mr Cashman has been living in Dungarvan for the past eight years. He said the company, which is being supported by the Irish Government through the IDA, listened to the business case for setting up in Waterford.
Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD said “I’m really happy Tegus has chosen Waterford for its new EMEA HQ. This will result in the creation of up to 100 new jobs in the city. This is great news for the South-East and a real boost for Waterford City and once again demonstrates we have the skills and talent available in all parts of the country to attract foreign direct investment.”
“Tegus will be located in state-of-the-art office space at Boxworks while it identifies a permanent office space in Waterford City, attracting talent from the city, county and the wider region of the South East. We are seeing more and more institutional investors and corporations incorporating qualitative and primary research into their processes to make better and faster decisions"
Job Openings
The company is already advertising 12 roles for Waterford on its website www.tegus.co. These include roles in the areas of account management, customer operations, HR, analysts, software engineers and product designers.
Welcoming the announcement, Fine Gael Senator John Cummins said it was great to see the further growth of technology businesses in Waterford:
“It is fantastic to see another IDA jobs announcement for Waterford on the back of recent announcements by Bauch and Lomb, Repligen and Horizon Therapeutics. The creation of up to 100 skilled roles by Tegus is a welcome addition to ever growing tech cluster in the South East region and is a further vote of confidence in Waterford as an attractive location for inward investment. I wish the company every success as they grow and expand their team in Waterford."
Senator Cummins added “I have been working closely with Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar to emphasise the importance of job creation in Waterford and the wider South East region. Since Fine Gael came into government, we have seen the continued upward trend of IDA supported employment in Waterford. Job numbers have increased by over 50% from 5217 in 2011 to 7875 at the end of 2020 and I look forward to this trend continuing in the time ahead."
LISTEN here to David Cashman's conversation with WLR News Editor Julie Smyth as he explains how he put a business case together to ensure Tegus chose Waterford over Dublin and the type of opportunities the company has on offer
