Limerick firm goes down under for latest acquisition

417
Jimmy Martin AMCS
AMCS chief executive Jimmy Martin

Limerick-based waste and recycling software company AMCS has acquired Australian cloud utility billing platform Utilibill for an undisclosed sum.

Utilibill provides cloud-based software for utility billing and has almost 100 employees in Australia, the US and Philippines. It currently serves more than 200 telecoms, water and energy companies.

AMCS chief executive Jimmy Martin said his company wants to incentivise its customer base, which includes energy and water service providers, to sustainably manage resources including recyclables such as metals and plastics, energy such as bioenergy and transport fuel, and residual waste.

“Utilibill has the potential to replicate this in global water and energy usage. Smart billing infrastructure solutions can be leveraged to incentivise and optimise the sustainable use and production of resources such as water and energy for households and businesses,” he explained.

Based at City East Plaza in Ballysimon, AMCS already has more than 800 workers across its international network, including a strong presence in Australia and New Zealand, where it has a customer base of more than 100 environmental services companies.

Sign up for the weekly Limerick Post newsletter

In September, AMCS entered a two-year research collaboration with Science Foundation Ireland at the University of Limerick to find new ways to use AI, machine learning and computer vision to improve waste management.