IT firm creates 60 new jobs in Derry

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One of the north’s most successful IT firms is to create 60 jobs in Derry.

Kainos, which already employs 300 staff in offices in Belfast, Dublin, London and Gdansk, today announced a a £10million investment in Derry.

Brendan Mooney, CEO at Kainos said: “We specialise in bringing disparate technology systems together and delivering valuable content to organisations wherever it is needed – via secure portal, mobile, or cloud platforms.

“In the last year we have seen significant market traction and take up of our of our healthcare solution, Evolve, and that coupled with a sustained increase in our core services and developing some key strategic partnerships, has opened up substantial opportunities for us across Europe and in North America.

“This investment, supported by Invest NI, will ensure that we can take advantage of these and other opportunities as they present themselves.”

The investments in employment, research and training are being supported by Invest Northern Ireland, which has offered £2.6million of assistance part funded by the European Regional Development Fund.

Enterprise Minister Arlene Foster said: “This is an ambitious investment by Kainos which aims to double its revenue over the next few years and further extend its market reach into mainland Europe and the USA.

“The company has built its success on innovation and through this new R&D project will further develop its solutions and services to ensure it maintains its lead in the area of electronic medical records management in the health sector.

“ICT is a key sector for Northern Ireland as it is helping to push economic activity up the value chain. The majority of the new jobs based in Londonderry will pay above the private sector median, contributing £1.6 million a year to the Northern Ireland economy.”