Software firm launches new app to help global oil industry
A NORTHERN Ireland company which makes software for oil refineries has launched a new product following major research and development.
NiSoft, which has been in business for around 20 years, said the latest version of its 'eclipse' application – known as e3 – would improve operations for the global power and petrochemical industries.
The eclipse software is already in use by some of the world's biggest power generators and oil refineries to ensure safety and improve productivity.
Crescent Capital led a buy-in deal of the business in 2008. Its main office and development centre are in Ravenhill Business Park in Belfast, although it also has sales and support offices in Denver in the US and in Singapore.
The company, which employs 34 people including 25 in Belfast, has spent over £750,000 on research and development and was offered £180,000 in support from Invest NI.
Chief executive Doug Deardorf said: "With the introduction of e3, NiSoft continues to build upon a rich 20 year history of providing well-conceived and expertly delivered products and services to our customers worldwide."
The latest innovations included incorporating a new technology platform and using a web-based design, he said.
"With support from Invest NI we were able to accelerate this important project from the initial scoping and research phases through to design and build," Mr Deardorf added.