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High tech security firm Netwatch to double its Newry workforce

High tech security firm Netwatch to double its Newry workforce

08 December 2016 by Dean Kane

•15 new high value jobs to be created in 2017

•Expansion follows investment of £18 million for international growth

•NI contracts projected to increase by 30% in next 12 months

•Strategic partnership with Mount Charles to aid expansion

Leading high tech security firm Netwatch has announced plans to create 85 jobs over the next 12 months, with 15 of those jobs based at their £4.5million Newry Communications Hub which was established in February 2016.

The new, high value jobs are part of an £18 million investment to grow the business globally and will bring total employee figures to 250.

The Carlow-headquartered company, with offices in Newry, Cambridge, Boston and New York, deploys the most advanced video processing technologies to proactively monitor and protect its clients’ assets. Netwatch install high quality security cameras, coupled with their proprietary intelligent software which intervenes as soon as security is breached. Intervention Specialists then verbally alert intruders they are being watched with a personalised warning, causing them to leave the scene before the damage is done.

Paddy Finnegan, European Sales Director of Netwatch said: “We are delighted to announce this expansion of our Newry base as a result of securing a number of high profile contracts from public utilities to blue chip organisations including Enva, Northern Ireland Electricity and Norbrook Laboratories since we launched here back in February.

“Our focus for Q4 of 2016 and into 2017 is to grow our Northern Ireland business by 30%; and to support that ambitious target we’re now actively recruiting talent in areas such as software and hardware engineering, marketing and sales.

“We’re a highly innovative company with technology at the heart of everything we do so throughout the recession we focused on research and development and expanding the business internationally.

“We see this £18m investment and employee expansion announcement as validation of that decision. It lays the ground work for the next two years of growth and development. There’s a lot of untapped potential in the US which we will now be able to fully take advantage of.”

In a move to further strengthen their offering in Northern Ireland Netwatch has formed a strategic partnership with Ireland’s largest indigenous foodservice and business support solutions provider, Mount Charles.

Managing Director of Mount Charles Cathal Geoghegan said: “We are confident that this new partnership with Netwatch will deliver added value to our client base throughout the island of Ireland.

“Businesses are increasingly looking for ‘bundled’ service contracts. We already deliver catering, cleaning, retail and vending contracts to a vast range of public and private sector clients across Ireland. The one thing we have not been able to offer, until now, was a bespoke, state of the art security solution.

“Combining our experience allows us to create a truly innovative offering and increase our influence in a very competitive market.”

Mr Finnegan added: “Our companies’ strategic vision and cultural fit are perfectly aligned with a similar ethos of integrity and excellence. “This partnership will be a springboard for Netwatch in Northern Ireland, allowing us to leverage Mount Charles’ enormous experience and insights in the local market whilst giving Mount Charles’ clients the benefit of the Netwatch service.” Netwatch was the first company in Europe to combine specialist video processing technologies with satellite communications to provide safe, preventative, immediate protection solutions.

From its Communication Hubs in Newry and Carlow Netwatch monitors in excess of 42,000 security cameras at both commercial and residential sites across Europe, South Africa, the Middle East and the US.

Since 2003, Netwatch has prevented more than 40,000 crimes globally.

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