Great news from our member, Uptime Labs who have been offered support through Invest NI’s ‘Ambition to Grow’ programme which will help it to create jobs and sell its services outside Northern Ireland.
The IT startup based between Newry and London, is making waves in the industry with the recent award of an Invest NI grant will also attend the Fintech Talents Festival this week in London.
The festival is attended by over 2,000 people involved in the Fintech industry across the UK and beyond and Uptime Labs has been invited to participate as part of the Invest NI delegation.
The ambitious, young IT company which won the ‘Best New Business’ award at this year’s Greater Newry Area Business Awards earlier this year, has developed the world’s first realistic integrated incident drill platform for business, to increase resilience and help reduce downtime caused by IT outages.
Set up by Newry-based entrepreneur, Joe McKevitt and his business partner, Hamed Silatani based in London. Between them with more than 30 years’ experience in the IT industry, the company has been gaining traction, particularly in the London financial markets.
Joe McKevitt, Co-Founder of Uptime Labs said:
“Uptime Labs was established out of our own personal experience of working in companies that just did not have the IT resilience when something went wrong.”
“We often compare our product to the training received in emergency situations where regular drills are carried out to replicate the type of scenario that could be faced.”
“The Uptime Labs platform does this from an IT perspective, allowing the IT team within a business to gain experience, through repetition of what to do should an outage occur.”
“This matters to most businesses, from the largest to the smallest, because IT failures cost time and money. This can run into millions of pounds for some of the biggest companies, if you look at recent examples in the aviation sector.”
“We are very grateful to Invest NI for the support they have given us to date as we seek to grow outside the Northern Ireland market. We are looking forward to representing Northern Ireland in the upcoming Fintech Festival in London. We are also grateful to Newry Chamber for a recent acknowledgement as ‘Best New Business’ at the Greater Newry Business Awards.”
Alan McKeown, Invest NI’s Exec. Director of Regional Business said:
“Uptime Labs is a great example of a local early-stage company that is using our support and guidance, both through Ambition to Grow and our trade support, to give it the best platform to grow its business.”
“We’re very much looking forward to this year’s FinTech Talents Festival which will give Uptime Labs and the other participating companies the opportunity to meet with potential fintech customers with the ultimate goal of growing their sales in new markets.”
To find out more about Uptime Labs, please visit:
www.uptimelabs.io