Others can benefit from their ingenuity
TWENTY-YEAR old Castletroy millionaire software developer Patrick Collison, has no plans to stop adding to his fortune as he launches his latest enterprise.
He has teamed up with his near neighbour and fellow computer genius Daniel Heffernan, to teach others how to create applications for iPhone’s and iPod Touch, and the chance to boost their bank account.
The market for Apple applications is enormous this has been shown by the one billion applications downloaded from the store since the launch of the iPod Touch less than two years ago.
The pair have come together with SQT Training to deliver a five-day course on how to develop Apple applications.
Daniel, who will graduate from UL in August with a first class honours degree in Multimedia and Computer Games Development, said, “This market has no restrictions to any region.. anybody can develop their own application and upload it to the Apple store and immediately generate income from customers around the world”.
Patrick and his brother John sold their fledging software company to Canadian company Live Current Media last year for three million euro, and the former Young Scientist of the Year is now director of engineering for the firm.
Mulley Communications are responsible for marketing the course and a survey carried out by the company last year showed that iPhone users spend an average of euro 17 every six months on applications in an expanding market.
One particular application, Flight Control, generated over one million dollars in just a few weeks.
Patrick is enthusiastic about the potential of the iPhone application market, “The iPhone platform is so exciting because it makes it really easy for a small amount of work to turn in to a continuous revenue stream.
“Once you publish the app, Apple will handle distribution, upgrades, installation, global payments, copy-protection… you can just wait for money to appear in your bank account”.
The first course will begin in Dublin on July 20, and costs 1,500 euro. It is designed for programmers and will go through every aspect of the iPhone and iPod Touch and how to build applications that can use all the native abilities of the hugely popular devices.