A technology solutions firm is investing £2m to create the North East’s biggest data centre in a move that will create 25 new jobs
Gateshead-headquartered ITPS aims to become the biggest independently-owned IT company in the region through expansion plans which are being supported by a £242,000 grant from the Let’s Grow fund, part of the government’s Regional Growth Fund which is operated by BE Group in partnership with The Journal, sister paper The Gazette and UNW LLP.
A former IBM business continuity and recovery centre, the 33,000sq ft premises in Chester le Street include 500 fully equipped workspace recovery seats to allow clients to quickly relocate their businesses in the face of disaster or interruption to service.
The new building will become Gateshead-based ITPS’s fourth ISO27001-certified data centre and form the hub of its Network Operations Centre.
ITPS’s managing director Garry Sheriff said: “This investment comes on the back of a raft of new contract wins in and outside the region, and increasing demand for our data centre services portfolio such as hosting, backup and recovery, and cloud services.
“As an IBM Premier Partner we knew the building was to become available, and its location and infrastructure presented the ideal opportunity to support our growth plans.
“This is the culmination of a three-year search for new premises with a very specific set of prerequisites, and business advisers Baker Tilley were instrumental in introducing us to the Let’s Grow Fund, with whose backing we closed the deal.
“The world is becoming an increasingly small place, and we already deliver data centre services to a rapidly-growing number of clients across the UK and mainland Europe. With the new premises as our data centre hub, we will build on that success to drive our expansion plans and create new jobs. This is a big step and an exciting time for the business.”
Andrew Frost, Let’s Grow project advisor with the BE Group, said “We are delighted to be supporting ITPS in their expansion plans. This project is another great example of a business, supported by Let’s Grow, investing in its future and creating new highly skilled jobs here in the North East.”
Tony Edwards, a partner at Baker Tilly North East who has advised on more than 30 successful Regional Growth Fund applications said: “We are delighted that ITPS were able to secure this grant funding which will help the company to significantly expand and in the process create 25 new jobs in the region.
The latest Government report shows that the number of small and medium-sized enterprises supported through the Regional Growth Fund has trebled over the past year to 5,100, helping to deliver 69,000 jobs outside of London.