A technology firm aims to double its turnover year-on-year over the next three years to £3m after moving to larger premises in Newcastle.
Calibre Secured Networks Ltd, which provides ICT and cyber-security solutions for public and private sector organisations, is vying for further growth in the core education and local government sectors on the back of relocation to new office space in Jesmond.
The company said the investment will more than double its operational capacity and follows on from the business boosting headcount, to support the three-year growth strategy.
Managing director Karen Nelson said the investment will help to push the firm’s sales though the £3m mark by 2016 and grow staff numbers to around 20.
Earlier this year, Calibre also appointed Shaun Phillips as its new technical director, who had previously worked in technical roles for Capita IT Services, BT, the NHS Trust and Sunderland City Council among others.
The move is the latest success for the firm, which works across the UK and Europe for clients including Newcastle-headquartered Sage UK and Ireland, G4S and within education.
The company recently secured a five-year managed services contract in the face of fierce competition to deliver a new cloud-based wireless network solution, network, and infrastructure refresh and storage solution.
As it secures its client base and, in turn, revenue, Nelson said momentum is gathering because Calibre is establishing itself as a reputable supplier.
“The future is exciting for us and we are busier now than ever before. We now have the foundations and plans in place to take us forward over the next three years,” said Nelson.
“Clients are already benefiting from the investments we have made in resources. We now have the skills available to spearhead our growth as the economy continues to improve and more and more organisations look to upgrade or purchase new ICT equipment.”
She said Calibre will continue to support its team while continuing to encourage and nurture a new generation of young, skilled people within the firm and the wider industry who will be based at the new office.
She added: “We believe the North East is a hot-spot for emerging IT talent and are actively helping to drive and deliver the skills our people need as highlighted at the inaugural Dynamo event earlier this month which is growing the region’s IT economy.”