Moneymore Innovator in European Breakthrough
Innovative software developed by Tyder,a Moneymore-based digital technology company, is attracting the attention of major European electronics companies.
Two of Europe’s biggest technology companies have already purchased the digital software developed by Michael Gallen, a former hardwaredesign engineer at Nortel Networks, Newtownabbey, who founded Tyder in 2001 to develop and market an initial product idea.
Tyder has been assisted with start-up and marketing support by Invest Northern Ireland’s North West Local Office in Londonderry. Commercial confidentiality prevents Tyder from naming theEuropean clients, which purchased licenses for the unique software package from the Co Derry company’s website.
The software provides a powerful tool that reduces design and testing timescales in the development of computer chips that control the functions of today’s increasingly complex electronics products, including television set top boxes and specialised test and measurement equipment.
Said Mr. Gallen: “The orders placed by local and European technology companies are a tremendous endorsement of the quality and innovation of my software. These have been backed up by a number of approaches from other electronics companies wishing toapply the software in their new product development work. The internet had been a very important source of business, with over half of Tyder’s customers purchasing the software licenses online.
“Invest NI’s North West Local Office is a tremendous source of encouragement and advice.
“Starting my own small business in such a competitive industry was a daunting experience, but I knew that the software I developed had potential. Invest NI recognised this and their support and guidance in helping bring it to market has been immensely important and is helping me to build sales,” he adds.
Kevin Helferty, Invest NI’s North West Local Office, welcoming Tyder’s success, says: “We are focusing significant resources on assisting enterprising people who have innovative ideas, particularly in technology-led industries.
“This focus is a key component in the North West Action Plan which aims to transform the region into a vibrant and technology-driven economy by encouraging new business starts, the expansion of established companies and by attracting new inward investment that will strengthen the knowledge base and skills,” he adds.
SLDI,a local research and development company designing leading edge
communications and sensor products for the oil and gas industry, has also used Tyder's software to enhance the performance of its surface and sub-sea based sensors.
"The application of Tyder's digital software tool has enabled SLDI to achieve a significant enhancement in our sensor sensitivity performance,without requiring additional hardware design. This improvement will further enhance the market differentiation of our current products and help us realise a reduced time to market for our next generation sensors,” says Dr James Kerlin, sales and marketing director of SLDI.
In addition to software package development, Tyder provides expert training services in digital signal processing, telecoms and silicon chip design.