Sunderland firm celebrated at London Tech Week for its continued investment in North East

A global tech business has been praised for its continued investment in the North East.

Sunderland Software Centre-based Saggezza, which develops tech solutions for global clients, plans to invest a further £1m into its UK operations over the next year following several contract wins.

The company, headquartered in the US with two additional offices in India, has recruited 10 employees this year and aims to recruit a further 70 over the next 12 months.

Speaking at London Tech Week, Theresa May dubbed the UK ‘one of the best places in the world to start and grow a tech business’, while 13 firms - including Saggezza - announced plans to continue investing in the UK at the event.

This featured plans for a £1bn investment by VMware over the next five years; a £12m investment by Mastek in a new digital skills programme for graduates in Leeds; and a £150m investment in a new data centre by Markley Group which will create 200 jobs.

Martin Williams, UK managing director of Saggezza, said: “The UK is home to some of the world’s most innovative and fastest-growing tech businesses, and for Saggezza to be named among them, is testament to the fantastic work put in by everyone at the company over the last few years.

“As a company, we’ve grown rapidly over the last 12 months, securing a number of new clients and continuing to grow our headcount. However, over the next year, we plan to really capitalise on this by tripling our headcount and continuing to expand our service offering. It’s a really exciting time for our staff and everyone involved with the company.”

The firm has also recently expanded its footprint in the US, with the acquisition of Omni, an employee-owned technology consulting company headquartered in Milwaukee.

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