Intelliden Establishes New $5.5 Million European R&D Centre in Belfast with Joint Funding from Invest Northern Ireland.BELFAST, Northern Ireland Northern Ireland: see Ireland, Northern. Northern Ireland Part of the United Kingdom of Great Britain and Northern Ireland occupying the northeastern portion of the island of Ireland. Area: 5,461 sq mi (14,144 sq km). Population (2001): 1,685,267. -- New R&D Centre Will Generate $1.7 Million Annually To Local Economy, Leverage High-Tech Skills and Provide Strong Foothold foot·hold n. 1. A place providing support for the foot in climbing or standing. 2. A firm or secure position that provides a base for further advancement. foothold Noun 1. to Support Intelliden's European Customers E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]Intelliden Inc., a leading provider of open, automated networking solutions, and Invest Northern Ireland, Northern Ireland's main economic development organization, today announced the creation of Intelliden's new $5.5 million (GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 3.23m) European research and development centre in Belfast. The new R&D centre will create local jobs, injecting more than $1.7 million (GBP 1m) annually into the local economy, drive innovation, increase technology-led skills, as well as providing Intelliden with a strong foothold for serving and supporting its customer base across Europe. E[acute accent]$4.25 million (GBP 2.5m) of the total investment for the new R&D centre will come from Intelliden. Invest Northern Ireland is investing $1.15 million (GBP 680K) to support the facilities, training and skills expertise of local staff, as well as product development. The joint partnership reflects Belfast's growing international role as an advantageous European base for technology and manufacturing companies. E[acute accent]Alan Black For information about the Scottish footballer, see Alan Black (footballer) Alan Black is a former basketball player and a current basketball coach in the Australian National Basketball League. Black is currently the head coach of the Cairns Taipans. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Intelliden, said: "Northern Ireland provides us with the critical elements to support Intelliden's ongoing growth and commercial momentum. The city has a highly skilled technical workforce, which makes it an ideal fit for our research and development centre. And from a geographic perspective, Belfast provides us with an ideal base for serving our European customers. Furthermore, Invest NI's strategic initiatives are driving world-class innovation, making Northern Ireland an exceptional place for us to do business. We're looking forward to a mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" partnership." E[acute accent]Leslie Morrison Leslie Morrison (born 29 December 1940), better known by his stage name Lucky Starr, is an Australian singer. He began his rock 'n' roll career in 1957 as lead singer of The Hepparays. , chief executive of Invest Northern Ireland, commented: "Helping to accelerate the growth of businesses is one of our fundamental objectives. Intelliden is not only a market leader on the global stage, but its requirements for a highly skilled technical workforce, coupled with a growing European customer base, also fit perfectly with Northern Ireland's commercial profile. We are delighted to be supporting this joint venture, which will mutually benefit our local economy, as well as Intelliden's international business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets and European customers." E[acute accent]Based in central Belfast, Intelliden's research and development centre is actively recruiting software developers, test engineers, and network specialists. As a recognized industry market leader in the global network configuration market, and a major player in the wider network provisioning Network provisioning or Service mediation are terms referring to provisioning of the customer’s services to the network elements, mostly used in the telecommunication industry. and services market, Intelliden is experiencing unprecedented demand for its automated networking solutions. E[acute accent]The Intelliden R-Series(R) software suite is founded on a unique, model-driven and policy-based networking approach that links an organization's strategic priorities with its network resources by automating mission-critical network configuration and service provisioning functions. Intelliden's software enables customers to accelerate the launch of IP services while increasing operational efficiency, improving security and reducing costs. E[acute accent]Intelliden's award-winning networking solutions continue to be adopted by the world's leading communications service providers A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. , enterprises and government organizations who are seeking to automate their largely manual and costly network configuration and service provisioning areas. E[acute accent]About Invest Northern Ireland E[acute accent]Invest Northern Ireland works with individuals, companies and organizations in manufacturing and tradable services which show the ambition and commitment to grow by being more innovative, more entrepreneurial and more internationally focused. E[acute accent]Its resources are predominantly focused on winning inward investment Inward investment is the injection of money from an external source into a region, in order to purchase capital goods for a branch of a corporation to locate or develop its presence in the region. whilst assisting clients to increase productivity, increase their share of international markets and develop higher value-added products and services. E[acute accent]About Intelliden Inc. E[acute accent]Intelliden is a leading provider of automated, model-driven networking solutions. With the Intelliden R-Series software suite, networks become more intelligent and efficient by dynamically responding to strategic priorities, which allows businesses and organizations to automate network configuration, reduce costs, increase network security and accelerate service activation. For more information, visit www.intelliden.com. E[acute accent]Intelliden and Intelliden R-Series are trademarks of Intelliden Corporation. All other trademarks in this document are properties of their respective owners. |
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