Technology company sets up shop in Charlottetown

Teresa Wright
Published on July 23, 2014

Stephen Sweett, president of Buchanan Technologies Inc., chats with Don Hasey at the help desk. Buchanan Technologies Inc. has opened an office in Charlottetown and is projecting to create 46 jobs on the Island.

©THE GUARDIAN/Heather Taweel

An I.T. company from Texas has opened an office in Charlottetown and expects to bring close to 50 jobs to the province.

Buchanan Technologies Inc. has already hired 10 information technology specialists and is projecting to create 46 jobs on the Island within the next three years.

Company president Stephen Sweet said there was a lot of competition for their business’ venture into the Maritimes, but they eventually chose Charlottetown after a careful and lengthy selection process.

It was the availability of skilled and bilingual workers in P.E.I. that helped make Charlottetown the top pick for Buchanan Technologies Inc. to set up shop.

“It’s important that we pick a community where the availability of overall talent is there, we’re not going to struggle as our customers’ needs grow, to bring new people in,” Sweet said.

The company will also benefit from the province’s Innovation and Development Labour Rebate. This could mean roughly $700,000 for the company in wage and salary rebates over five years if the projected 46 new jobs are created.

Office space at the Atlantic Technology Centre complete with furniture and technology equipment that allowed the company to launch its operations right away with little start-up costs was also a big bonus, Sweet added.

“We’re a services organization, so people are our most important assets and the quality of the people that we met through our selection process, the quality of the people we interviewed in our test interviews and the quality of people we were able to hire speak to the quality of the people we’ve hired here,” Sweet said.

“And we’re excited in terms of our community matters program to give back to the province, just as they’ve supported us.”

Innovation Minister Allen Roach said he was happy to welcome this company to P.E.I., as it provides a new opportunity for Islanders who work in the I.T. field more opportunities to for employment in the province.

“P.E.I. is proving to international technology companies that this is an ideal location for near-shore services,” Roach said.

The company will be hiring a range of technical specialist positions, including technical support, an MDM specialist, a network specialist, a security specialist, a desktop support specialist and administration.

Given that the company has already hired 10 people, Roach said he has confidence it will meet or exceed its hiring projections within the next three years.

“Buchanan Technologies’ commitment to P.E.I. and Islanders creates opportunity for educating young people who are interested in starting and growing their ICT (information and communications technology) careers here at home,” Roach said.

Buchanan Technologies provides both basic and advanced technology support to companies – everything from troubleshooting passwords and email access to more advanced monitoring of server environments, databases, mobility and desktops.

Charlottetown is one of seven offices operated by the company worldwide.