IT firm Kainos to create almost 350 jobs

Northern Ireland’s largest software firm, Kainos, will create 341 new jobs over the next three years as demand for artificial intelligence (AI) services surges. The company is investing £19.8m in the expansion, with 309 of the new roles based in Belfast and 32 in Londonderry. Average salaries for the positions will be £58,000, covering areas such as software engineering, consulting, AI, and data science, including 200 graduate roles. Kainos’ total workforce will grow to 3,500 employees, reflecting its focus on scaling AI capabilities. The company reported an 11% increase in AI and data-related revenues to nearly £46m, now representing about 20% of its digital services division. Overall sales rose 17% to £431m, while pre-tax profit increased 2% to £67m. CEO Brendan Mooney stated the investment demonstrates confidence in Northern Ireland’s tech sector, emphasizing AI as an 'enabling technology' rather than a job replacement. He dismissed concerns about AI-driven job losses, arguing large organizations will rely on external expertise rather than building in-house solutions. Economy Minister Caoimhe Archibald called the announcement a 'strong vote of confidence' in Northern Ireland’s growing tech industry, highlighting AI’s potential to drive high-value job creation. Invest NI will contribute £1.5m toward the new roles, with CEO Kieran Donoghue noting the company’s decision to reinvest locally despite global operations. The expansion aligns with broader trends of AI adoption, with Kainos focusing on upskilling workers for higher-value functions. The company’s growth underscores Northern Ireland’s role as a hub for AI-driven innovation in Europe.