Revenue surge at System Dynamics

IRISH technology firm System Dynamics said yesterday its revenues surged by 43% last year to €14.1 million.

The firm said its earnings for the year also rose by a similar amount, though it did not disclose the figure.

System Dynamics managing director Tony McGuire said in a statement: “Going into 2005 we have a very strong pipeline of projects and we are confident we will meet our target of doubling our business again by the end of 2006. We are now a credible alternative to what might be called the ‘big brand names’.”