Bvisible PR- Public Relations Agency
  • Home
  • About
  • Services
  • Clients
  • Blog
  • Contact





Old Team Reunites to Form New IT Security Company

On 19 Apr, 2010
News
By : admin
No Comments
Views : 2532

16th April 2010

Six years after selling Systemhouse Technology, IT security industry stalwart Dermot Williams is spearheading a brand new venture, Threatscape.  Established and funded by Williams, the IT security company already employs seven people, with the core team comprising former colleagues who worked with him for many years in Systemhouse.

The new business is projecting turnover in its first year of over 3 million euros, and by the end of 2010 expects to have doubled its headcount. Threatscape will be focused on IT security solutions and has already won a substantial number of blue-chip clients in its first few weeks.

Williams set up Irish IT Security company Systemhouse Technology Group in 1988, and turned it into a highly successful company which he sold to Top Security Group in 2004.  The firm had grown under his leadership to employ over two dozen staff- many of them highly trained IT security specialists.   Annual profits exceeded a million euros before his departure in February 2008 as the firm approached its 20th anniversary.

Last month all staff at Systemhouse (which since November 2004 had been trading as “Topsec Technology” to reflect the branding of its new owners’ IT security division) were made redundant after the High Court in Dublin appointed David Van Dessel of Kavanagh Fennell as liquidator to the company.

Commenting on how his new venture came about Williams says: “It came as a very big surprise to see this great company fold after so many successful years.  Having built up the business I knew its greatest asset and main factor in its prior success was the expertise and experience of its team.  I sounded out a number of them and six calls and six acceptances later, I realised I had a compelling opportunity not only to re-enter the market but to work with a group of people I know and trust and who’s futures looked uncertain only a few weeks ago.”

Williams continues: “Security is a trust business and trust takes a very long time to win, build and maintain.  For the 20 years running Systemhouse, the team and I forged strong relationships with customers and vendors alike. This was key to Systemhouse’s success and will also be what makes Threatscape a success going forward.”

Joining Williams at Threatscape are a core management team who, between them, have collective experience of over fifty years in IT security.  They are Colin Reid as Commercial Director, Eddie Lyons as Sales Director, Alan Roche as Technical Director and Wendy Williams as Finance Director.  All own stakes in the new enterprise.

After forming Threatscape, Williams then took the logical step of submitting a bid to the liquidator who had announced his intention to sell all the assets of Systemhouse (including stocks, fixed assets, customer base, business and goodwill) in a single transaction.  His bid was successful, and a contract for sale is being finalised.

Offering a range of services including anti-virus, Data Loss Prevention (DLP) and Network Access Control (NAC), Threatscape has already signed up numerous large customers.  Williams puts this down to the people behind the company and their established customer relationships, strong track records and reputations.

Threatscape also operates in the data communications market, supplying communications hardware and logistics services to carriers and ISPs – and Williams reports that that part of the business has likewise “hit the ground running”.

Threatscape has moved into new offices in the Apex Building in Sandyford, and Williams believes he can make it a bigger success than his first company, in part by maximising contacts built up during two years of consultancy work for clients outside Ireland since leaving Systemhouse. “The broadened horizons this has brought makes me confident not only that Threatscape has bright prosepects – but that much of its future success will lie in growth outside Ireland, exporting Irish IT security expertise to markets in the UK and further afield,” says Williams.

He concludes: “I see considerable opportunity for Threatscape to grow bigger than Systemhouse ever was, and look forward to working with many of the new contacts I’ve dealt with over the past few years.  The future is very bright and I very much relish this opportunity.”



Previous Post Next Post 

Comments are closed.

Comments are closed.



Categories

  • Ask a Journalist
  • Blog
  • Classic Ads
  • Client Case Studies
  • Client Coverage
  • Creative Idea of the Week – D-nah!!
  • General
  • General News Bites
  • Infographic of the Week
  • News
  • PR Tips
  • Social Networking
  • Tech Ten
  • Popular
  • Recent
  • Tags
  • Threatscape dominates airwaves commenting on ransomware news

    89725 views
  • Magnet Networks Launches Boards.ie Customer Interaction Board

    54435 views
  • Ask a Journalist: Joe Walsh Producer of TV3 News

    40589 views
  • ‘Sligo – Who Knew We’d Hit The Front Page?

    28880 views
  • Wolfgang Digital Report: E-Commerce Websites Record Major Revenue Boost

    08 Feb, 2018
  • Coverage of PressReader’s Office opening lands in key media

    17 Nov, 2017
  • PressReader Opens New European Headquarters in Dublin

    16 Nov, 2017
  • National coverage for Tigers Childcare as it announces business expansion

    11 Aug, 2017
  • Adforce Alan Coleman Apps Ask Ask a journalist Bernice Burnside Bvisible Christmas survey Clients CMS Digital Marketing DRG e-commerce features freelance freelancers General News Bites Irish Independent Irish jobs IT Security Joe.ie Journalist Kevin Foley lastminute.com Mobile mobile advertising mobile web News Release Online PR pitches PR PressReader Press Releases Press Release Writing PR Tip Radio recruitment Robert Carry Ruairi Doyle Social Networking Tech 10 This Week's Tech 10 TV TV PR Wolfgang Digital

Contact Us

Bvisible Communications

Tel: + 353 (1) 845 2401

Email: info@bvisible.ie

Latest Tweets

  • 679 days ago RT @adrianweckler: Contact tracing app might hit 1m downloads within 48 hours. That's basically enough for it to start working. https://t.…
  • 695 days ago RT @katymcguinness: Any restaurants in Ireland that will have outdoor seating when they re-open, will you please let me know? RTs much appr…

© Copyright 2018 Bvisible Communications. All Rights Reserved. | Privacy Policy | Website By: Vidappt