A short move from UK’s industrial heartland, into Stockton’s Fusion Hive facility has already opened up new potential business for IAM Technology Ltd (IAMTech) as the oil, gas, chemical & power software specialists become the latest tenant at the state-of-the-art offices.
Originally founded in 1973 as industrial plant model makers, IAMTech evolved into a bespoke software development house for the Oil, Gas, Chemical & Power industries in 2007 and now employs some 10 personnel, most of whom have 1st Class Honours degrees in Computer Science. The company develops and sells a wide range of software packages for the Process industries, ranging from Risk Reduction to Maintenance and Operational software tools, together with a variety of intrinsically safe tablets and smartphones certified for use in Hazardous Areas.
Managing Director, Ross Coulman, commented, “We’d been based at our previous premise, but were always frustrated by its environmental condition. Fusion Hive is not only an aesthetically beautiful building but has the latest technological advances, which helps reinforce to our visiting clients IAMTech’s position as a technology leader.
The University is a very amenable landlord who have been incredibly helpful at every stage of our move, combine this with the synergy we’ve found with our neighbours here and I now firmly believe I have found the right home for my company to develop.”
Operated by Teesside University and located on Stockton’s Northshore, Fusion Hive is a purpose-built, flexible workspace which offers the ideal environment for business collaboration. It also gives members access to the University’s significant business networks, expertise and training provision, and the help it provides in sourcing potential funding.
Gail Johnson, Business Information Manager, Fusion Hive added, “IAMTech are a superb company providing services to blue chip clients both locally in Teesside and on a global stage to some 23 countries. The environment provided by Fusion Hive will hopefully facilitate even further business growth in the coming years, whilst the cooperation between all the digital companies here is just what we had intended.”
Fusion Hive is part funded by The European Regional Development Fund (ERDF). The ERDF’s Competitiveness Programme 2007-13 is bringing over £300m into North East England to support innovation, enterprise and business support. It will help create and safeguard 28,000 new jobs, start 3,000 new businesses and increase the productivity by £1.1bn per annum.
Fusion Hive is transforming the way enterprises operate in the region. More than just an office space, Fusion Hive brings together like-minded tenant organisations and gives them the opportunity to network, share knowledge and capitalise on opportunities for growth.
Give your enterprise this opportunity now and join the Hive. Visit www.fusionhive.co.uk or call 01642 384400 for further information.
What are you waiting for? Our offering is ready to help you today to counter the soft oil era over the next 5–10 years www.iamtech.com/#products
Notes to editor:
Fusion Hive is a three-storey, 36,000 sq ft facility offering flexible working spaces for around 60 small and medium sized enterprises in the digital and scientific sectors. Innovative open spaces for collaborative working will help like-minded businesses to interact, network and work together. Fusion Hive and the Northshore has been developed by Muse Developments, one of the country’s leading names in urban regeneration.
Northshore is a £100m 23 hectare regeneration scheme located on the banks of the River Tees that is being delivered by Muse Developments in partnership with The Homes and Communities Agency supported by Stockton Borough Council.
Muse Developments specialises in delivering complex mixed-use schemes, predominantly in town and city centre locations. Muse operates from offices in Leeds, Manchester, London and Glasgow. It is part of Morgan Sindall Group plc, a leading UK construction and regeneration group operating through four divisions of construction & infrastructure, affordable housing, fit out and urban regeneration, and an investment unit.