MetaCompliance is set to significantly expand its operations, creating almost 70 new jobs in Londonderry. This strategic move will see its workforce double over the next three years.
The company specialises in developing software and creative content for the cybersecurity sector. With the support of Invest Northern Ireland, MetaCompliance’s expansion will also inject £1.7m annually into the local economy through additional salaries.
Strategic Expansion in Londonderry
MetaCompliance is planning a major expansion in Londonderry, aiming to create nearly 70 new jobs. This decision is part of a broader strategy to enhance its market presence both locally and globally.
The new roles will encompass various IT and sales positions, contributing to the company’s ambitious growth plans. By doubling its workforce, MetaCompliance is committed to strengthening its operational capabilities in the cybersecurity sector.
Support from Invest Northern Ireland
Invest Northern Ireland has played a pivotal role in MetaCompliance’s expansion efforts, providing £652,000 towards the creation of new jobs. This financial support is designed to bolster the company’s competitiveness on a global scale.
Jeremy Fitch, Executive Director of Business and Sector Development at Invest NI, stated, “MetaCompliance is one of our most innovative technology companies with a long-standing commitment to the North West.”
Through a range of support programmes, Invest NI has assisted MetaCompliance in enhancing its research and development, skills development, and marketing strategies. This new investment is expected to create valuable employment opportunities in the Derry and Strabane District Council area.
Ambitious Growth Plans
Chief Executive Robert O’Brien expressed enthusiasm about the company’s growth trajectory. He highlighted MetaCompliance’s plans to double its workforce and triple its turnover in the near future.
“This is an exciting stage in our business’ growth,” O’Brien remarked, “as we implement ambitious plans to double our workforce and triple our turnover.”
O’Brien also emphasised the importance of Invest NI’s continued support in achieving these objectives, particularly in the recruitment of high-calibre talent available in the North West.
Impact on Local Economy
The expansion of MetaCompliance is anticipated to have a substantial positive impact on the local economy, with an estimated £1.7m in additional salaries being generated annually.
These new jobs will not only provide employment opportunities but also contribute to the economic development of the Londonderry region. The investment underscores MetaCompliance’s commitment to the local community.
Global Market Ambitions
MetaCompliance is focused on broadening its customer base across Europe and the United States. By enhancing its market development team in Derry, the company aims to maximise the sales potential of its cybersecurity and compliance products.
The company’s targeted approach involves engaging prospective clients from both the public sector and commercial industry, showcasing its products’ capabilities on a global stage.
MetaCompliance’s recruitment drive will see its workforce grow to a total of 102 employees by 2019. Presently, the company operates from offices in London, Birmingham, Dublin, and a US base in Atlanta, Georgia.
Commitment to Innovation
MetaCompliance has consistently demonstrated a commitment to innovation within the cybersecurity sector. The company’s efforts have been recognised by various stakeholders, further solidifying its reputation as a leader in technology.
Through continuous investment in research and development, MetaCompliance aims to stay ahead of emerging cybersecurity threats. This forward-thinking approach ensures the company remains at the forefront of technological advancements.
Future Prospects
The future looks promising for MetaCompliance as it continues to expand its operations and workforce. The company’s growth strategy is aligned with its long-term vision of providing cutting-edge cybersecurity solutions to a global clientele.
As MetaCompliance moves forward with its expansion plans, it remains dedicated to delivering high-quality products and services to its customers worldwide.
MetaCompliance’s decision to double its workforce marks a significant milestone in its growth journey. With substantial support from Invest Northern Ireland, the company is well-positioned to achieve its ambitious goals, benefiting both the local economy and its global market presence.
As it continues to innovate and expand, MetaCompliance is set to make a lasting impact on the cybersecurity sector, driving forward its mission to deliver exceptional solutions to its clients.