DNM Analytics opens a new office in Toronto

DNM Analytics Strategically Chose Toronto for the Expansion of Their Business into the North American Market

TORONTO, April 7, 2014 /CNW/ - DNM Analytics has announced the expansion of their business and has chosen Toronto as their launch pad into the North American market.

DNM Analytics was founded in 2000 in Dublin, Ireland. Over the past 14 years, DNM Analytics has established a reputable international presence providing Data Management and customized Business Analytics services to public and private institutions. With a diverse team of 65 dedicated professionals, the company provides cost effective solutions across varied industries globally, including:  Telecommunications, Pharmaceuticals, Financial Services, Public Utilities, and Manufacturing entities.

DNM Analytics has chosen a Toronto location for its competitive cost advantages and business incentives, for access to Toronto's talented workforce, and for its strategic location as a global hub for business.  Toronto enjoys greater market proximity than any other North American city.  Located within 90 minutes of New York, Chicago, Boston, and Washington, Toronto is an ideal place to headquarter North American operations.

The CEO of DNM Analytics, Mr. David Quirk confirmed that "Toronto was selected over London due to the industrial diversity of Canada and the expanding demand for data analytics and data management. We are committed to building a regional business staffed by Canadians; indeed we have been extremely impressed by the depth of skilled human resources in Canada."

The newly-appointed Managing Director of DNM Analytics in Canada, Mr. Michael King emphasized the growing demand for data analytics. "As Canadian companies and public institutions expand, the demand for access to viable and legible data becomes more imperative," said King. "Our experience in providing customized services ensures that smaller and larger companies can also benefit from improved efficiencies and forecasting across all aspects of their businesses."

In a March 18, 2014 announcement in Toronto, Michael Noonan, Minister For Finance, Ireland said, "I am delighted to see DNM Analytics embarking on an international expansion. Given their success and known pedigree in Ireland, I am sure that their investment in Canada will be worthwhile and of benefit to both Ireland and our friends here in Toronto."

"We are pleased that DNM Analytics has chosen to locate their new office in Toronto.  With one of the most varied economies in the world supported by a well-educated, culturally diverse workforce, Toronto offers a unique value proposition to businesses looking to compete globally," said Renato Discenza, President and CEO of Invest Toronto.  "We welcome DNM Analytics to Toronto and wish you the best of success."

Invest Toronto is the primary business, sales and marketing corporation for the City of Toronto, offering one-on-one consultations to businesses and site selectors making global business investment decisions.  Invest Toronto caters to businesses of all sizes looking to start a new business in Toronto and/or further service the North American market from Toronto.

SOURCE Invest Toronto

For further information: Julia Sakas, Communications & Marketing Manager, Invest Toronto, 647-729-0735, jsakas@investtoronto.ca; Michael King, Managing Director, DNM Analytics, 647-556 5314, mking@dnmanalytics.com