As the driving force behind Singularity, Padraig established and operates a major international company from Derry in Northern Ireland, with operations in London, New York, Singapore, Hyderabad and Belfast.
Singularity was established in 1994 and is a world leader in business process management software – an innovative technology which enables organisations to achieve major improvements in their operating efficiency. Under Padraig’s leadership, Singularity has an annualised average growth rate of 30% and now employs 250 people worldwide.
As well as leading one of the world’s leading IT software providers, Padraig is strongly committed to making Derry-Londonderry and Northern Ireland a better place from which to do business and in which there are higher levels of employment and wealth that benefit the whole population. Accordingly, he is also the chair of the University for Derry group, which is calling for the substantial expansion of the Magee campus in Derry. He is also vice-president of the Londonderry Chamber of Commerce.
Dermot McCauley, Director of Corporate Development at Singularity, said: “This is wonderful news. Padraig is an inspirational leader who has created, led and developed Singularity into a world force in the IT industry. In doing so, he has also built Singularity into one of the largest and most significant employers in Northern Ireland. The OBE recognises the importance of Padraig’s role in putting Singularity, Derry and Northern Ireland in the forefront of the business process management software sector. Hundreds of jobs and very substantial export earnings for Northern Ireland have been the result of Padraig’s vision, dynamism and determination. It is an award that is very well deserved.”
Padraig Canavan said: “I am most appreciative of this award as it is the whole company that is being honoured. Singularity’s stunning growth is only possible because our workforce is first class and committed, above all, to customer service. We have also benefited immensely from the support of Invest NI, which has played an important role in our establishment and growth. I can also say with confidence that I would have achieved little without the tireless support of my wife and family.”