Irish-founded cybersecurity specialist, Ekco, announced this month it is opening a new office in Trinidad and Tobago and investing €10 million in the expansion of its Caribbean presence over the next two years. This expansion will include the creation of 18 jobs by the end of 2027.

In addition, Ekco expects to more than double its revenues in the region from €2 million to €5 million in the same timeframe.

This expansion builds on Ekco’s strong presence across the Caribbean over the past 12 years. The Irish-founded and headquartered company, with a global workforce of more than 1,000 people across the UK, Europe, Asia, Africa, and the US, will use its new base to deepen relationships with long-standing clients and strengthen its regional presence in countries including Trinidad and Tobago, Barbados, and Jamaica.

"Ekco is currently on a path of accelerated global expansion which is being driven by organic business growth and a number of strategic acquisitions," said Head of Business Development - Caribbean, Ekco, Mark Donnellan.

"As we continue to scale up our operations in the Caribbean region, we are excited to boost our offering for businesses, grow our customer base, and forge deeper relationships with valued partners in the market."

Ekco works with Caribbean-based organisations in highly regulated industries such as financial services, legal, and government. Driving demand for Ekco’s services among these industries is the growing volume of increasingly sophisticated cyberattacks, ever-evolving regulatory requirements, and a shortage of technical skills and internal resources to keep pace with rising threats.

In addition, the company will continue to build on its strong relationships with leading industry partners including the Caribbean Telecoms Union and Digicel to further enhance its capabilities and drive business growth in the market.

The new jobs will be created globally, all with a sole focus on the Caribbean market. They will cover sales and technical roles to support Ekco’s continued growth in the Caribbean.

"Against a rising tide of cyber threats and a backdrop of increasing regulations, our team can help to fill widening technology skills gaps and enable businesses to remain competitive," said  Donnellan.

"We believe that the region will provide rapid business growth opportunities for Ekco and support the continued expansion of our skilled team. We are looking forward to strengthening our footprint in the Caribbean and, in doing so, supporting its growing economy."