Pearse Coyle :: Corporate Spin outs


The corporate spin-outs initiative		Pearse Coyle

This is intended to create new ventures based on technologies and services which have been developed for and within large Irish-based companies for their own use. The idea is that the venture gets started by initially agreeing a supply agreement with the original company. The approach that is being taken is: Identify individuals who, for their present employer (e.g. a bank or insurance company), have led the creation of a piece of technology or developed a service which has the potential to be sold to other companies Test the market for these offerings Encourage and assist the promoters of the promising developments to spin these out into new ventures, in co-operation with their present employer This initiative is inspired by Pearse Coyle’s experience at the software company Exceptis where a technology originally developed for AIB went on to be adopted by twelve banks in eight countries before Exceptis itself was sold for €26m. Read the Frequently Asked Questions about this initiative and make contact.		creates successful corporate spin outs by first assessing the market for their offerings. He develops and executes go to market strategies for Irish technology ventures and played a key role in the early commercial development of a string of successful ones including Eurologic, Intune Networks, Peregrine/Exceptis and others. He works as a consultant or part-time interim manager.

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