First Derivative set to create 500 jobs

  • Newry-headquartered FD Technologies is set to create 500 jobs in the Republic of Ireland with the establishment of a new technology hub.

    The company, which currently employs about 300 people in the Republic, are now set to create 500 jobs with the establishment of a new technology hub due to an increased demand for their services. 

    It is not yet known where all the roles will be based, however some of the jobs will definitely be in Dublin.  David Collins, who leads First Derivative has said the company is also looking at establishing an office in either the southwest or the southeast. 

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    Speaking about the company’s expansion, David Collins said:  “The market in Ireland has been heavily weighted towards the big guys like PwC, Accenture, Tata and so on but over the last couple of years, clients have begun to realise that there are better models out there and ones that are more cost effective.” 

    Mr Collins also added:  “We’re not going to take on the big guys in terms of high-end consulting but they simply can’t take us on when it comes to core delivery work such as 24-hour technical support and so on. That is what we’re really good at.”

    The new roles will encompass a mixture of professional and graduate roles across areas such as compliance and project management.

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    Mr Collins said the consulting arm of the company was growing rapidly across the island of Ireland with its headcount rising in Dublin at a faster level than at any of the company’s other sites. 

    Mr Collins admitted that with London being such a big financial centre that the company has not previously focused as much on the Republic as it might have done. He said the company now has huge ambitions to grow the business further with the increased focus on the Irish market core to this. 

    Source: The Irish Times

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    Aoife is a Sync NI writer with a previous background working in print, online and broadcast media. She has a keen interest in all things tech related. To connect with Aoife feel free to send her an email or connect on LinkedIn.

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