Unosquare is building a new engineering centre in Belfast, with plans to create 100 jobs by the end of 2019.
Based on Oregon, software development company Unosquare likes what it sees in Northern Ireland.
It likes it so much, in fact, that Belfast is to benefit with up to 100 jobs on the way at the company’s new engineering centre.
Unosquare provides software development services to the financial services market, a booming part of the current digital age.
Beyond this, its products are used in medtech and biopharma companies, with the need for a new centre coming on the back of European growth.
The Belfast hub will satisfy this growth, and help the company to keep up with its US commitments.
Stretching out from its current engineering centres in Mexico, Unosquare CEO Mike Barrett revealed that the move to Belfast largely comes down to the labour available in the region.
“Global demand for high-end software development continues to grow,” he said, with outsourcing of engineering an aspect of business that is becoming more and more appealing.
“Plus, we see real growth opportunity in fintech and biotech, our main verticals of influence. We are helping clients develop next-generation platforms such as digital banking, cancer diagnostics and treatment using the latest technologies.
“We were looking for a location that not only provided skilled software engineers, but also the right business climate to enable us to get our operation up and running quickly. With such a strong IT sector, Northern Ireland was able to offer that,” Barrett added.
The new roles will offer an average salary of £37,000, with the full complement of staff hopefully hired by the end of the decade.
Invest NI has put forward £650,000 to support the creation of the new jobs, with Unosquare president Giancarlo Di Vece adding that this aid has proved crucial in the company’s decision to set up shop in Belfast.
“[Invest NI] helped us understand the local technology market, introduced us to others who came before us and helped guide us through the ramp-up process,” said Di Vece.
“This, along with the financial assistance offered, has been a crucial factor to our decision. We are delighted to be here today to announce our investment.”