The Noledge Group invests 1.8m to expand into Britain [Video]

Cloud enterprise software firm The Noledge Group will invest €1.8m to expand into Britain.

The company will create 10 jobs in Newcastle with the investment, which will span three years.

Noledge Group is parent to Envisage, a leading Sage partner in Ireland, and Oracle NetSuite solution provider OSSM, and will provide its full suite of services to SMEs in Britain.

The group has been delivering its own application, developed in-house, to the British retail sector for the 10 years from its Dublin base.

With the establishment of its Newcastle office, the company expects to grow revenue in Britain from €295,000 to €1.2m within the first 12 months and €3.5m in the next three years. The group achieved total revenue of €4.9m last year.

The new jobs will be in sales, pre-sales and consulting, and will bring the number of people employed across the Noledge Group to 60.

“We are excited to expand our footprint in Great Britain and deliver our cutting-edge accounting …