Tegus, which provides business and market intelligence for key decision makers, is to set up its EMEA headquarters in Waterford City and create up to 100 jobs over the next two years.
Co-founded in San Francisco by twin brothers Michael and Thomas Elnick, Tegus conducts and collects research and data to produce the largest and most comprehensive primary information platform.
This allows its clients to discover answers to the most challenging questions they face today, faster and more efficiently than anywhere else.
Tegus now serves more than 1,000 customers worldwide, including investment firms, corporations and consultancies.
The new Waterford centre will enable Tegus to further expand its global content and data sets by supporting more local customers and covering a growing number of international companies on its platform.
The company is supported by IDA Ireland.
“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,” he added.
David Cashman, Vice President of EMEA at Tegus, said he knows that Waterford boasts great talent and the company can now offer global level tech jobs to this 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,” he added.
Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar said today’s announcement is great news for the South-East and a real boost for Waterford City.
“Once again it demonstrates we have the skills and talent available in all parts of the country to attract foreign direct investment,” he added.