Belfast City Hall and grounds. Version 1 is building up its workforce in the city. Image: James Kennedy NI/Shutterstock
Belfast City Hall and grounds. Image: James Kennedy NI/Shutterstock

Booming Irish IT firm Version 1 doubling up Belfast staff numbers

12 Jun 2017

Continuing a remarkable 2017 so far, Version 1 is to double its Belfast office space in the coming months.

At the beginning of April, Irish IT services company Version 1 had raised €90m, eyed revenues of €100m, was rumoured to be in line for an IPO within three years and was working on a major acquisition to come before Christmas.

If that wasn’t enough, the company followed this up with plans to create 365 jobs over the next three years at its offices in Dublin’s city centre.

Future Human

Version 1 jobs in Belfast

Now, its Northern Ireland operation is following this booming trend, with Version 1 announcing more jobs.

The consultancy firm will soon expand its office space at Cromac Place, moving into an adjoining office by the end of the year. With that, it will also double its headcount, rising to a total of 120 within two years.

BBC reports that the Version 1’s influx of “substantial new business” is behind the move, with pharma giant Almac among its Northern Ireland customers.

The company was created in Dublin in 1996, opening up in Belfast five years ago. Overall, it has more than 900 staff in offices in Ireland, England and, of course, Northern Ireland.

Version 1, which has made no secret of its ambition to become a €1bn-a-year company within a decade, also opened an Enterprise Cloud centre of excellence in Dublin in recent years.

In 2016, the company snapped up its fifth acquisition in the UK, Beoley Mill Software, adding support structures for companies using Oracle’s JD Edwards World software.

The UK companies that Version 1 has acquired in recent years are: Tieto Corporation (2013), Rocela Group (2014), Patech Solutions (2015) and ERP business Database Service Provider Global Limited (2016).

It also previously brought PM Centrix (2010) and Prose Software (2006) into the fold.

Meanwhile, Northern Trust earlier today revealed it would be bulking up its Limerick operations, targeting a total staff count of 1,400 across its two sites.

Already armed with 1,000 employees in Hamilton House and City East Plaza, the company wants to bring in the new staff over the next five years.

Belfast City Hall and grounds. Image: James Kennedy NI/Shutterstock

Gordon Hunt
By Gordon Hunt

Gordon Hunt joined Silicon Republic in October 2014 as a journalist. He spends most of his time avoiding conversations about music, appreciating even the least creative pun and rueing the day he panicked when meeting Paul McGrath. His favourite thing on the internet is the ‘Random Article’ link on Wikipedia.

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