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WAVTEQ to expand Irish and Indian operations having secured Fusion R&D funding for Artificial Intelligence

December 12th, 2017 | WAVTEQ Limited

WAVTEQ, the economic development business attraction consulting group, has secured support from InterTradeIreland(ITI) to build an Artificial Intelligence (AI) team. The new AI division will commence R&D activity into a fully automated corporate intelligence research platform. ITI funding will provide additional employment in the fields of artificial intelligence and data analytics, with new appointments to WAVTEQ’s dedicated software engineering team, based in Cork, Ireland, expected within the next two months. In February 2018, this expanded team will move into a new state of the art facility at Fota Business Park, Cork.

The research and development undertaken by WAVTEQ under InterTradeIreland’s Fusion Program will be in collaboration with Queen’s University Belfast and will be jointly led by Robert Pasley, Chief Technology Officer at WAVTEQ and Dr Salissou Moutari from the School of Mathematics and Physics at Queen’s.

Robert Pasley, CTO, WAVTEQ, commented “The support of InterTradeIreland's Fusion program is allowing WAVTEQ to embark on an exciting and challenging project that aims to automate research and analysis into company expansion and overseas investment. Upon completion, we expect to be in a position to offer a new range of products and services to our ever-growing global client base. We are delighted that Queen’s University Belfast has agreed to partner with us on this project, bringing invaluable expertise and insight in the fields of artificial intelligence and machine learning."

WAVTEQ’s Corporate Intelligence Unit in Bangalore, India will also be expanded with the appointment of a team of senior corporate intelligence analysts, headed by Kavan Bhandary, Global Director of Corporate Intelligence. This team will work closely with our 75-research specialists and investment attraction consultants to identify companies worldwide that are considering, planning or are likely to make new capital investment projects.

WAVTEQ plans to continue its global expansion throughout 2018 and 2019, with new offices planned in Asia, Europe, Middle East and North America.


About WAVTEQ

WAVTEQ has over a decade of experience developing data-rich, cloud-based intelligence products focused on corporate expansion activity. Over 1,000 governments, international organizations, consultancies and academic institutions have subscribed to WAVTEQ-developed products. WAVTEQ’s consulting team have helped economic development organizations secure over $50 billion in greenfield investment projects.

Visit website: www.wavteq.com


About InterTradeIreland

  • InterTradeIreland is a cross-border trade and business development body funded by the Department of Business, Enterprise and Innovation in Ireland (DJEI) and the Department for the Economy in Northern Ireland.
  • InterTradeIreland is the only organization which has been given responsibility by both governments to boost north/south economic co-operation to the mutual benefit of Northern Ireland and Ireland. It supports businesses through innovation and trade initiatives to take advantage of co-operative opportunities improving capability, driving competitiveness, economic growth and job creation. For more information visit www.intertradeireland.com

Queen's University Belfast

  • Under the Fusion Program QUB will be recruiting a graduate to embed the university’s academic knowledge in WAVTEQ. If you are a recent graduate in Mathematics, Statistics, Data Science or a closely related subject, please visit www.qub.ac.uk


Should you need further information contact:

E: david.gray@wavteq.com

Marketing Manager
WAVTEQ


Client Testimonials

WAVTEQ Partnering on fDi Intelligence Training Workshop for Local Enterprise Partnerships Seeking Inward Investment 
"I thought that yesterday was a class act from start to finish! Well designed and structured, informative, focused, delivered at pace yet with plenty of time for networking - and thoroughly enjoyable. As stimulating as an Exec MBA weekend module! Thank you"
Steven Wilson / Head of Innovation at Greater Cambridge Greater Peterborough L.E.P (Dec 2015)

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Nazha Aschenbrenner / Director, AIM Congress (April 2013)

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