NI firm now generates 90% of revenues from global customers as it marks five years in business
Pytilia, a fast-growing technology business with a global customer-base, has tripled the size of its Belfast headquarters as its export success has seen its headcount rise significantly.
The company, which now generates 90 percent of its revenues from global customers, has officially opened its new 4,500 sq ft office space at Weavers Business Park in the city as it marks five years in business.
The impressive headquarters was officially opened at an event attended by employees, customers, stakeholders and dignitaries.
The new office will be a base for Pytilia’s more than 50 team members who provide software design and development services to help clients including Hewlett Packard, BT and a range of international financial services companies to future-proof their businesses.
The company has particular strengths in cloud computing, data engineering and AI, and has significant experience in financial services, especially regulatory technology, compliance and ‘WealthTech’, as well as in cybersecurity, telecoms and critical infrastructure.
Speaking after visiting the new premises Economy Minister Dr Caoimhe Archibald, said: "Pytilia exemplifies an indigenous software company driving innovation through R&D and collaboration with local universities, whilst creating high quality jobs and career opportunities. I warmly congratulate them on the opening of these impressive new offices, which will support the company’s continued growth."
Commenting on the new office investment, Angela Montgomery, co-founder of Pytilia, said: “Pytilia has grown steadily since our launch five years ago as our global customer-base has expanded, and we are continuing to recruit for a range of roles. To accommodate our growth, we are tripling our available space and providing an invaluable base for our team to be together and to support new joiners to the business, which is especially important with Pytilia’s strong focus on early careers.”
Co-founder Tim Silversides adds: “Pytilia invests heavily in talent including with year-out placements and graduate programmes alongside our ‘earn as you learn’ degree apprenticeships. Around 20 percent of our team fall into the ‘early career’ category with apprentices making up over 10 percent of our workforce. A world-class office environment is critical for their ongoing development.”
Pytilia is one of eight companies collaborating with academia as part of the Cyber AI Hub at the Centre for Secure Information Technologies (CSIT) at Queen’s University Belfast. It was one of the winners of the Innovate UK Digital Security by Design Software Ecosystem Competition and one of five winners of the inaugural FinTech Scotland / Financial Regulation Innovation Lab Call on Simplifying Compliance using AI & Emerging Technologies. Pytilia was recently selected to participate in the UK Financial Conduct Authority Market Abuse Surveillance Tech Sprint.
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