October 2010 €1.1 Million Contribution to NUI Galway Enterprise Agility Group

A Dublin-headquartered market-leader for post-trade automation solutions to the global securities services industry will contribute in excess of €1 million over a five-year period to research at NUI Galway. The contribution by Information Mosaic will be geared towards the management of agile and lean systems development in the Enterprise Agility group at the Centre for Innovation and Structural Change (CISC) at NUI Galway. A primary objective of the Enterprise Agility group is to build and maintain an international network of excellence around the management of agile and lean development, with NUI Galway firmly at the hub of this network. According to Dr Kieran Conboy, Leader of the Enterprise Agility group: "It is significant, close-knit engagement and collaboration with industry partners such as Information Mosaic that can make this goal a reality." The partnership will involve a very close working relationship between Information Mosaic and the Enterprise Agility group, including hosting of researchers, joint delivery of seminars, co-authoring of papers, and placement of NUI Galway students to work with the eight Information Mosaic staff dedicated to the project. Declan Costello, the CTO of Information Mosaic, adds: "To stay competitive and grow our business, our collaboration with NUI Galway will help us better implement agile and lean methods in our own company and provide the opportunity for us to both be thought-leaders in this space." Dr Kieran Conboy also referred to the key role that Dr Meghann Drury has played in creating this collaboration. "Since joining our group in February, Meghann has developed strategic links with a number of companies such as Information Mosaic, and it is great to see that her early research has led to such a large scale industry investment." Meghann is a PRTLI funded postdoctoral researcher, and her work with Dr Conboy, Dr Tom Acton and Professor Willie Golden focuses on decision processes, data presentation methods, and decision quality in agile and lean environments. The Enterprise Agility group includes a team of 20 academic staff in NUI Galway, along with five postdoctoral researchers and 12 existing doctoral students across the School of Business & Economics (Business Information Systems, Accountancy & Finance, Management and Marketing), the School of Law, the School of Psychology, Centre for Research on Occupational and Life Stress (CROLS), and Digital Enterprise Research Institute (DERI), and is supported by existing funding of over €4.2 million. Through CISC and building upon NUI Galway and the University of Limerick's (UL) collaborative alliance, the group is becoming a formal member of the Lero Software Engineering Research Centre, a Science Foundation Ireland funded CSET, and will be applying its existing research skills and multidisciplinary knowledge to the software engineering domain. -Ends-