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OCI Has Ceased Trading
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After more than 8 years of successful trading I regret to inform all interested parties that OpenConnect (Ireland) Ltd. (OCI) has closed from 31/07/2006.
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I started OCI in 1998 for £5,000 and, over the next 8 years, I brought over £1.4 Million into the Northern Ireland economy (most of it from outside the EC) and provided employment for a total of 8 people.
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We developed Internet, Intranet, Extranet, eBusiness and eCommerce systems for a wide variety of clients including
We also produced the Web-based version of Viviance' ThinkTanx eLearning system.
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Following the core strategy that I designed at the beginning of 1998, OCI achieved
In fact, a downturn in the market for bespoke systems combined with fierce competition from Eastern Europe caused our Swiss Parent Company (who owned 75% of OCI) to 'rethink their strategy'. Their failure to raise some Mezzanine finance turned expansion plans to triple the size of OCI into, overnight, a plan to close it altogether within 6 months. We could have tried to go it alone but I and the remaining employees decided that 8 years was enough and it was time for all of us to move on – they into safe jobs with much bigger companies and I into a new life in consultancy. The great experiment was over but at least I achieved very nearly everything that I set out to back in 1998 when, in Northern Ireland anyway, the strategy I describe above was considered by the experts to be science fiction and anyone attempting it to be little better than a lunatic. Oh yes, I achieved all of the above without a bank overdraft or credit facility of any kind and I have never received even a penny of Government funding. Chris Marshall – Ex Managing Director of OpenConnect (Ireland) Limited. |
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