A move to bigger premises in Durham will allow a software firm to grow its thriving business in the next few months, bringing new jobs to the city.
Intelligence Fusion, a ‘software as a service’ (Saas) company, has just signed a five-year lease for the first floor of Aykley Heads Business Centre.
And the company expects the new move will allow it to double in size from 10 to 20 employees within the next 12 months.
Michael McCabe, CEO at Intelligence Fusion said: “Due to a growing demand for our services we have completed a recent investment round which will double our headcount from 10 to in excess of 20 staff in the next 12 months.
“This includes our own technology team who will further develop our platform but also build customised intelligence tools for our increasing client base.
“We are also moving to 24/7 operations, so the rental of this office space will accommodate our future expansion.”
The centre, which was recently refurbished by commercial property agents Naylors Gavin Black, has reduced its environmental impact in a project to improve the building’s energy efficiency.
Chris Pearson, a partner at Naylors Gavin Black, said: “Aykley Heads Business Centre has been a very successful, all-encompassing project and to have seen our original designs not only come to life but to attract such a great tenant has been a real pleasure.”