Software firm, Ideagen, unveils plans for Centre of Excellence project in Scotland
The company’s East Kilbride site will house certain business functions and create new jobs in first phase of the project
Ideagen, the UK-based, global software firm, today (Thursday, May 2nd) announced plans to turn its East Kilbride site into a ‘Centre of Excellence’ as it looks to strengthen its position in the multi-billion dollar governance, risk and compliance (GRC) software market.
The ambitious project will see its site in the Scottish Enterprise Technology Park turned into a Centre of Excellence for First Line Customer Support, Marketing, Legal, Products and Service Delivery. The EK site will also house elements of Technical Services, Sales and IT.
As part of the creation of 42 new jobs in the UK, the EK site will see 12 new posts created in the first phase of the project.
Ideagen’s project in East Kilbride is part of the company’s global Centre of Excellence strategy, which will see the centralisation of business functions at key sites and new jobs created globally.
Ben Dorks, Chief Executive Officer for Ideagen, said: “Ideagen is a successful and growing UK-based software company which has become a global leader in the Governance, Risk and Compliance (GRC) software arena.
“In the last decade, we have more than quadrupled our workforce and client base and grown globally with new offices in the US, UAE, SE Asia and mainland Europe.
“As part of our ongoing business growth strategy, we are creating four strategic ‘Centres of Excellence’ (CoE) which will centralise important business functions at key sites across the globe.
“The launch of our CoE project is an exciting and crucial next phase in the growth and success of Ideagen and it is a project that we believe will enable us to truly become a global player in the GRC software industry.”
The 12 jobs created in East Kilbride is part of 124 new roles being created globally. Thirty will be filled at the company’s HQ in Nottingham while 70 jobs will be created through the development and opening of new offices in Kuala Lumpur, Malaysia, and a further 12 in Raleigh, North Carolina in the US.
Barnaby Kent, Ideagen’s Chief Operating Officer, said: “Throughout the last decade, Ideagen has grown employee numbers by more than 5000%, increased revenues by 7200% and also enhanced our client base by more than 23,000%.
“We have achieved this by having a clear vision, which is supported by a strategy that continually evolves, but never fundamentally changes.
“The introduction of our Centres of Excellence is the next phase of our growth plan and will centralise key areas of the business to allow us to double in size globally over the next three years. Through a focussed expansion from Asia to the US, it will allow us to truly serve our expanding client base of over 5,000 organisations globally.”
Ideagen’s global operation will also involve key satellite offices in Sofia, Bulgaria, and in Dubai in the United Arab Emirates. Mr Kent added: “This project is an ambitious one but one that will allow us to maintain our agility as a business, enabling us to quickly capitalise on new opportunities and remain ahead of the curve in an ever-changing technology – and specifically GRC – market.
“This is an exciting time for Ideagen, and we truly believe that the launch of our dedicated Centres of Excellence will ensure that we are fit for growth in the years and decades to come.”
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Ideagen is a UK-headquartered, global technology company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L).
The Group provides software and services to organisations operating within highly regulated industries such as aviation, banking and finance, life science, healthcare and manufacturing with its main operational premises spread throughout the UK, EU, US, Middle East and SE Asia.
With an excellent portfolio of software products including Q-Pulse, Coruson, Pentana Audit, Pentana Risk and PleaseReview, Ideagen helps its clients reduce costs, improve operational efficiency, strengthen compliance and oversight and anticipate and manage every detail of risk.
Currently, more than 5,000 organisations use Ideagen's products including seven of the top 10 UK accounting firms, all of the top aerospace and defence companies and 75% of the world's leading pharmaceutical firms.
Ideagen's diverse and varied customer base includes many well-known, global brands such as British Airways, Aggreko, BAE, Ryanair, US Navy, KLM, BBVA, Bank of New York, Commerzbank, Meggitt, Heineken, Johnson Matthey, Haeco Group and European Central Bank. As well as this, Ideagen counts 180 hospitals across the UK and US amongst its client base.
Ideagen directly employs more than 420 members of staff and touches every continent globally.