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Timoney Puts Fresh Focus on Engineering Consultancy
Increased customer demand for expert automotive engineering services drives Timoney to expand its consultancy business and to address through life support and upgrade requirements in addition to new vehicle developments.
Timoney is to put increased focus on to its Engineering Consultancy Business Unit and expects its revenues in this area to more than double over the next three years, the company has announced at IDEX 2019.
Due to increased customer demand the company is offering stand-alone Engineering Services and Consultancy to customers requiring the skills involved in through life support, fleet maintenance, MRO and vehicle upgrade programmes as well as to its existing customers engaged in new vehicle development.
The company has a long legacy of supporting Wheeled Vehicle OEM’s with new vehicle developments by providing Engineering and Design Services, predominantly for automotive systems, dynamic performance, mobility and drivetrain solutions. Timoney’s traditional business model based around a hybrid mix of IP Licensing, Engineering Services and long term supply of Driveline and Suspension Systems has been synonymous with its successes with vehicle programmes supporting OEM customers in USA, Europe, Africa, Asia and Australia.
CEO Shane O’Neill said “it has become increasingly apparent that our customers recognise that our automotive engineering skills are as relevant to programmes involving in-service vehicles and upgrades as they are during the new vehicle development cycle. Providing consultancy services in this way does represent a change in mind-set for us as a business but it is clear that our involvement in so many pioneering programmes and our 50 years’ experience developing new vehicles puts us in a unique position to be able to address this market. We continue to participate in new vehicle development programmes but we are even approaching these differently from a commercial perspective based on the needs of our customers”.
Timoney’s automotive engineering and design offering encompasses driveline, suspension, power-pack, chassis and structures in addition to other automotive systems. As well as 3D solid modelling and CAD design the company can provide Dynamic Analysis and FEA services supported by first principle system calculations and performance predictions. Timoney also has in-house facilities for bench testing and proof of concept assembly.
O’Neill went on to say “we are offering these services across several sectors and we are already seeing successes in the construction market as well as defence. We now have a greater emphasis on helping our customers grow their business through technical participation in the full vehicle lifecycle from cradle to grave. Participation with vehicles where we had no role in the original design represents the most significant change but we believe that this also represents one of our greatest growth opportunities. First class engineering and being quicker to execute than competing alternatives continue to be important USP’s for us and are embedded in our culture”.
