Industria (company) explained

Industria
Type:Private limited company
Foundation:2003
Location City:Reykjavík
Key People:Erling Freyr Guðmundsson, CEO
Industry:systems integration, fiber deployments
Num Employees:250
Homepage:http://www.industria.com/

Industria was a multinational company with a focus on fibre to the home solutions and systems integration.

Background

Established in Reykjavík, Iceland in 2003, Industria offered consultancy and systems integration services for fibre to the home and triple-play operators, installed broadband hardware and software, and offered consultancy services in the field of broadband and telephony.

Industria handled the implementation of Ireland's first massive fibre and ADSL2+ networks for Magnet Networks.[1]

Acting as a professional services provider for the Irish Department of Communications' Regional Broadband Programme, Industria was appointed to provide professional services to in excess of 60% of the programme to date. Industria was involved in completing the design, procurement and project management of the construction of approximately 450,000 metres of fibre optic networks in 50 cities and towns together with the design of wireless networks in 20 towns around Ireland at a cost of approximately €70m.[2] [3]

Industria developed and designed a Digital Living products and services, used by property builders. The company did have big investment linked with new property developments in Ireland in 2007. During the crash in 2009 of the Irish property market, Industria was not able to fund further the fibre-to-the-home deployments as most of the company’s property development customers and partners went bankrupt. This led to Industria shutting down its operation in December 2012.

Awards

Notes and References

  1. http://findarticles.com/p/articles/mi_m0EIN/is_2005_Nov_22/ai_n15865357 Industria Concludes EUR 50 Million Contract with Magnet Networks for Launch of Ireland's First ADSL2+ Network | Business Wire | Find Articles at BNET.com
  2. http://www.industria.com/company/news/industria_awarded_networks_contract_cork_county_council Industria awarded networks contract by Cork County Council | Industria
  3. http://www.industria.com/company/news/industria_signs_networks_contract_southeast_regional_authority Industria Signs Networks Contract with Southeast Regional Authority | Industria
  4. http://cnbceb.com/2007/03/01/the-innovation-issue/ CNBC European Business
  5. http://www.invest.is/news/12/default.aspx News - Industria Wins 2006 Red Herring 100 Europe Award