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Software firm aims to double workforce as part of £1million investment

Software firm aims to double workforce as part of £1million investment

Press Release

8 November 2018

 

Software firm aims to double workforce as part of £1million investment

 

Infotel UK Consulting (Infotel UK), a software firm based in North Shields aims to double in size with a £1million investment in new offices and recruitment.

Infotel UK started operating in 2015, delivering custom-made software and applications that help businesses improve their operations. The company aims to take advantage of increasing interest in its services from clients based in the region with the investment.

The company currently employs over 40 people and now aims to double in size in the next two years as well as adding to its customers which include Nissan Car Manufacturing and Virgin Money.

Mundeep Nayyar, managing director of Infotel UK said: “The Technology sector in Newcastle upon Tyne is estimated to be worth almost £1bn and growing more than twice as fast as the rest of the economy.

With access to leading blue-chip businesses that need Infotel UK’s services and nearly 25,000 students in higher education, the City is the ideal location to find and cultivate new talent and to grow a high-tech software business.

It’s a perfect storm for investment as we look to offer more and better solutions to our clients while maintaining our dedication to quality customer service and delivery.”

As part of the investment, Infotel UK has moved operations from its site at Orion Business Park, North Shields to new offices in Balliol Business Park, Longbenton where it will establish its innovation lab and collaboration space.

The new office was officially opened at a ribbon cutting ceremony on November 7th attended by Infotel’s founder and representatives from North Tyneside Council and the Department for International Trade.

Minister for Investment at the Department for International Trade, Graham Stuart said: “With a wealth of investment opportunities across the UK and a growing economy, it’s no surprise that we are Europe’s number one destination for foreign direct investment. Newcastle is currently home to 25,000 students in higher education, and Infotel’s investment is further proof that the city – part of the Northern Powerhouse – is the ideal location in Europe to find and cultivate new talent and grow a high-tech software business.

Utilising a network spread across more than 100 countries to scope out opportunities for British businesses, my international economic department is the focal point for Government to attract global investment, providing jobs and prosperity across all regions and nations of the UK.”

 

Infotel will also invest in growing its expertise in technologies such as Block Chain, Artificial Intelligence, Big Data and is preparing to launch many projects in the Cloud with Amazon Web Services.

Nayyar added: “Businesses want a reputable and experienced partner with a global footprint that can offer cost-effective services from a local office, that’s what Infotel UK will continue to provide from our new offices.”

Infotel UK is a subsidiary of Infotel SA (France), a £187m turnover group listed on the Euronext Paris Exchange. The Infotel Group has 20 offices across Europe and the US.

 

-ENDS-

 

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About Infotel UK

Infotel UK Consulting provides bespoke software services in a variety of different business areas. The company was established in 2015 following a strategic investment by its parent company, the Infotel Conseil Group. The Paris head-quartered group employs nearly 2,000 people across 22 office in Europe and the US.

Infotel UK provides customers with a comprehensive service, incorporating things such as systems migration, bespoke applications development, software integration and project resourcing.

The Infotel Group has over 30 years of experience within applications development and technical innovation.