IT firm Novosco expands its Belfast offices
IT company Novosco has acquired more space at its headquarters in Belfast's Titanic Quarter to accommodate its fast-growing workforce.
The 5,000 sq ft office space in the Concourse 3 building at Catalyst marks a 50% increase in the size of the cloud computing firm's headquarters.
Novosco specialises in designing managed services for companies to improve the delivery of their IT operations while reducing costs.
Last year the business, founded by Patrick McAliskey and John Lennon, announced plans to create 150 more jobs in a £20m expansion. Novosco has already recruited 40 people over the past 12 months, bringing its total workforce to 220.
The growth follows a £107m contract with the Cambridge University Hospitals Trust.
The firm says the latest office expansion on the floor below its existing 11,000 sq ft offices will allow it to bring its headcount towards the 300 mark.
It will act as the base for the team working on the Cambridge University Hospitals Trust contract.
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The announcement came on the first day of Northern Ireland's biggest tech event, Digital DNA in Belfast. People from across the Northern Ireland IT industries have descended on St George's Market for the two-day event.
Novosco's client base includes many of Northern Ireland's top 100 companies and two Premier League football clubs.
It also works with Irish universities and a number of large health trusts and housing associations in England.
Speaking yesterday, Patrick McAliskey said: "Our biggest focus is on providing a fantastic environment for our team to thrive in, and we have worked hard to ensure that our new office space achieves this.
"Increasing our footprint in Belfast is another important landmark in Novosco's growth and will enable us to continue to expand our team, adding significant value to the local economy."
The office acquisition comes 12 months on from the announcement of the company's £20m expansion project.
Economic development agency Invest Northern Ireland backed Novosco to the tune of £1.2m.
Some 114 of the 150 new roles were to be based at its Belfast headquarters.
Danske Bank also provided finance for the capital investment required to support the company's expansion and continued growth.
The last public accounts filed by Novosco revealed a 31% rise in its turnover to £30.5m for the 12 months to December 31, 2017.
In addition to its Belfast headquarters, Novosco has offices in Dublin and in the north of England near Manchester.