Technology company Neueda creates 230 new NI jobs

Economy minister Diane Dodds said the new jobs will contribute more than £10 million in additional annual salaries to the Northern Ireland economy.

Neueda develops a range of software solutions for both the public and private sectors, and for capital markets clients globally.

Mrs Dodds described Neueda as “a Northern Ireland company to be proud of,” and added: “It was established in Belfast in 2006 and has grown exponentially since then. This current expansion is a renewed commitment to its Belfast headquarters and sends out a clear and unequivocal message that Northern Ireland is very much open for business.

“The jobs will be created in a sector which our economic recovery plan has identified as an area where Northern Ireland can lead. The digital sector currently underpins many other sectors and has the potential to grow rapidly providing more and better paid jobs.”

The minister added: “I would like to commend Neueda on taking further steps to grow its business in such challenging times and I wish it every success for the future.”

Invest Northern Ireland has been working in partnership with Neueda for eight years, and the new jobs will include software engineers, digital transformation professionals and cloud solution experts, as well as increased sales positions.

To accommodate the company’s expansion plans, Neueda moved to new premises in Lanyon Towers in late 2019.

Neueda chief operating officer Paddy O’Hagan said: “We continue to be impressed by our local talent and as we expand our Belfast team we are keen to showcase Neueda’s expertise to the world and enhance and expand our portfolio of products and services.

“Invest NI’s support has been instrumental in our journey so far, without it we wouldn’t have been able to scale up at the pace we have.

“Our vision is to significantly grow our customer base outside Northern Ireland and this investment will give us the resources we need to achieve this ambitious growth strategy.”

Invest NI’s chief executive Kevin Holland, described Neueda as “an excellent example of how a local company with the drive, strategy and ambition to grow, can become a well-known leader in its field”.

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