Northern Ireland based ICT spin-out Kainos to create 403 jobs in the region.

Kainos, a spin-out of Queen’s University Belfast, has announced plans to create an additional 403 jobs.

The Northern Ireland-based digital technology solutions firm currently employs 700 people across its sites in the UK and Poland. The additional boost will bring at extra £12.4m into the Northern Ireland economy in terms of annual salaries.

Peter Robinson, First Minister of Northern Ireland, announced the move, saying: “Over the last 30 years Kainos has built up a strong reputation for developing and delivering digital solutions, which is made possible by its innovative workforce. The company is now investing in a major expansion, creating 400 new jobs with an average salary in excess of £30,000 here in Northern Ireland. This expansion will drive sales and increase annual revenue by 25% year-on-year, to £94million, over the next three years. This growth will be substantially achieved through increased export sales.

Brendan Mooney, CEO of Kainos, added: “Our ambition is to develop digital solutions that help our customers work smarter, faster and better, and this depends on having a capable and committed workforce. In Northern Ireland we are lucky to have excellent IT graduates and professionals. We bring talented people into the company and provide a career development framework that offers them the support and development they need to thrive. This not only develops a highly talented workforce, but also keep everyone motivated and excited about the future.