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14/05/2018
Newry-Based Software Firm To Create 14 New Jobs
Up to 14 new jobs are being created by Newry-based software company, Fieldmotion.
A new roles will be recruited in Sales, Digital Marketing and Technical support positions by 2020. With six of the roles already in place, Invest NI has offered £99,500 towards the job creation.
Fieldmotion also received £150,000 investment from the Growth Loan Fund to support its development. The fund is part of Invest NI's Access to Finance portfolio and is managed by Whiterock Capital Partners.
Fieldmotion has a growing network of UK and US based partners licensing its workflow and field management software, which was developed using R&D support from Invest NI.
Mark Bleakney, Invest NI's Southern Regional Manager, said: "Fieldmotion has experienced encouraging growth in its target markets and this in an important investment that will help to accelerate its progress in the US. The 14 new jobs being recruited will generate £333,000 annually in additional salaries to the Northern Ireland economy and create valuable employment opportunities in the Newry, Mourne and Down area.
"This entrepreneurial tech company has worked closely with Invest NI from its inception and benefited from a range of support including mentoring on the Propel programme and technical advice to secure IP protection. Investing in R&D, marketing development and job creation has given Fieldmotion a solid competitive position to target new business outside of Northern Ireland."
Jim Finnegan, Chief Executive Officer of Fieldmotion, said: "The workforce management software market is growing and we see significant market opportunity to license our software globally. Our product provides a cloud based digital platform for field workers, allowing data capture in real time and facilitating effective communication, real time decisions, accountability and time management for businesses across any industry or sector.
"Invest NI's ongoing support has been central to our progress to date and will help to accelerate our three year development plan. Recruiting 14 new staff will create the additional resources needed to continue to build our customer base and achieve our growth objectives.
"We are encouraged by the development of our partner network to date and will be focused on driving growth in the US as well as targeting prospective partners in Australia, Canada, QATAR, Kuwait and India."
(LM)
A new roles will be recruited in Sales, Digital Marketing and Technical support positions by 2020. With six of the roles already in place, Invest NI has offered £99,500 towards the job creation.
Fieldmotion also received £150,000 investment from the Growth Loan Fund to support its development. The fund is part of Invest NI's Access to Finance portfolio and is managed by Whiterock Capital Partners.
Fieldmotion has a growing network of UK and US based partners licensing its workflow and field management software, which was developed using R&D support from Invest NI.
Mark Bleakney, Invest NI's Southern Regional Manager, said: "Fieldmotion has experienced encouraging growth in its target markets and this in an important investment that will help to accelerate its progress in the US. The 14 new jobs being recruited will generate £333,000 annually in additional salaries to the Northern Ireland economy and create valuable employment opportunities in the Newry, Mourne and Down area.
"This entrepreneurial tech company has worked closely with Invest NI from its inception and benefited from a range of support including mentoring on the Propel programme and technical advice to secure IP protection. Investing in R&D, marketing development and job creation has given Fieldmotion a solid competitive position to target new business outside of Northern Ireland."
Jim Finnegan, Chief Executive Officer of Fieldmotion, said: "The workforce management software market is growing and we see significant market opportunity to license our software globally. Our product provides a cloud based digital platform for field workers, allowing data capture in real time and facilitating effective communication, real time decisions, accountability and time management for businesses across any industry or sector.
"Invest NI's ongoing support has been central to our progress to date and will help to accelerate our three year development plan. Recruiting 14 new staff will create the additional resources needed to continue to build our customer base and achieve our growth objectives.
"We are encouraged by the development of our partner network to date and will be focused on driving growth in the US as well as targeting prospective partners in Australia, Canada, QATAR, Kuwait and India."
(LM)
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