Tech firm in €1m British expansion

AN Irish technology services company has announced it will invest €1 million in a significant British expansion.

IT Alliance, whose headquarters are in Dublin, is an outsourcing partner which supports the delivery of IT and other services of major companies worldwide.

The company generated revenues of about €20m in 2009 and is aiming to become a €100m revenue company in the next five years, with much of that growth expected to come from Britain. It employs 250 people in Ireland and 150 in Britain and is aiming for a slice of the British IT outsourcing market which is estimated to be worth €15 billion.