Belfast Telegraph

Belfast tech firm's £21m contract to drive key government plan

Brendan Monaghan and Paul McGurnaghan
Brendan Monaghan and Paul McGurnaghan
Margaret Canning

By Margaret Canning

Belfast technology company Neueda has been awarded a contract worth at least £21m by the Department of Agriculture, Environment and Rural Affairs (DAERA).

DAERA has engaged Neueda to provide application development, technical delivery support, testing and Geographic Information System (GIS) services. 

The £15m-revenue business employs around 200 people at its headquarters in Weaver's Court.

Neueda makes a range of software products for clients, and among work for government departments in Northern Ireland it has produced software enabling farmers to buy and sell quotas more quickly.

It has also worked on a system to improve the efficiency of payments to farmers under the EU's Common Agricultural Policy (CAP).

The latest contract is for three years, though the deal could be renewed.

Neueda is the main company tasked with delivering the contract, though tech firms Version 1, SQS and Stiona are also included in the winning bid.

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Initially worth £21m, more funds may be ploughed in during the contract lifetime.

Neueda chief executve Brendan Monaghan said: "It is an honour that DAERA has once again recognised the value and quality of our team's technical skills to trust us as their digital partner for this highly complex and important project.

"Neueda has worked in partnership with DAERA for over 10 years, modernising its technology systems and sharing skills with their internal tech teams. 

"Notably, we worked with DAERA to design and deliver an online system to increase the accuracy, efficiency and transparency of CAP payments to farmers, which has been recognised internationally as pioneering.

"This contract is of major significance to our business and a true testament to the talent of our people and unique partnership approach." Paul McGurnaghan, director of digital services at DAERA, added: "We are delighted to be working with Neueda's team of skilled specialists to support our digital transformation, an important piece of work aimed at making our operations more efficient and effective."

Neueda provides IT consultancy, analytics and software development to clients including BT, Bloomberg and the New York Stock Exchange.

In 2017 it announced 165 new jobs.

And in July last year it announced the opening a software engineering hub in Co Westmeath with the creation of 200 jobs over four years. Neueda will carry out software development for global telecoms and financial services in its new offices on Athlone's Dublin Road.

The company has also opened an office in Malaga, Spain, to help it retain talent following Brexit.

Belfast Telegraph