Invest NI Supports Company Growth

Dec 15, 2004

Invest Northern Ireland has helped a Londonderry software company to develop an electronic point of sale (EPOS) system which will open up significant new markets for the organisation and allow it to expand.

Retail Systems Technology (RST) has benefited from Invest NI’s Compete programme which aims to help local companies become more competitive by helping them to develop innovative market-led products and manufacturing processes. The programme is part funded by the EU Building Sustainable Prosperity fund.

The company has developed iTouch, a modular software product for hospitality and retail businesses. The product handles Point of Sale transactions and also provides a range of back office functions such as stock control.

Neil Bradley, managing director of RST, comments: “iTouch has the twin benefits of being a highly functional system but easy to use by non technical staff. Because it is modular, the customer can choose a package which best meets their needs. We believe that the software can help our clients improve customer service and maximise their profitability.”

RST currently employs 31 and as a result of the project will be creating two further hi-tech positions. The company has been trading for 25 years and has offices in Derry, Belfast, Dublin and Cork but until now its core business has been reselling and supporting software developed by US software houses.

John Cooke, Compete Programme Manager, Invest NI, says: “This is an example of a company investing in research and development to allow it to maximise its product offering.

“RST has substantial experience of the needs of the retail and hospitality sectors and has developed the iTouch suite to meet their specific requirements. The product will complement its current business activities and allow it to target new export markets.”

Share this Article

Sign up for News

 Enter Code

Latest Features

GDPR video workshop - how to be compliant and keep your data safe
Danny Smyth, Information Governance & Data Protection Manager
Mar 16, 2018
Unpicking the EU negotiations
David Roberts, Invest NI Economist
Mar 15, 2018
Businesses boast improved performance
John McClune, Lean Process Manager
Mar 13, 2018
Invest NI’s Access to Finance portfolio spurs growth in local businesses
Mike McKerr, EY Managing Partner Ireland
Mar 06, 2018
Inspiring Exporters
Steve Harper, Executive Director of International Business
Feb 28, 2018
How can you plan for the unknown?
Olive Hill, Executive Director of Strategy
Feb 22, 2018