Newspaper article The Journal (Newcastle, England)

Great Move for Sage as Cobalt Switch Confirmed

Newspaper article The Journal (Newcastle, England)

Great Move for Sage as Cobalt Switch Confirmed

Article excerpt


TECH giant Sage has confirmed it is moving its international head office out of Newcastle's Great Park.

The company has been based at the site for 15 years but will soon move to Cobalt Business Park in North Tyneside.

Sage has said it will invest PS40m in the North East hub over the next three years, creating jobs and improving its customer experience. It has set itself an 18-month deadline to move its staff.

Speaking to The Journal, Sage's UK and Ireland managing director Sabby Gill said the company had considered all of the local business parks before selecting Cobalt.

The new office will provide staff with collaboration spaces and breakout spaces where teams can work together.

Mr Gill said: "We weighed up the options of what Great Park gives us today and what Cobalt gives us around our vision of being a SaaS (Software as a Service) company, which requires more collaboration space and an environment where employees can get together. It's a space we want to build.

"It's the gold standard that we have put in place everywhere else globally but we have never been able to do in the UK, until now.

"The move and change was never a cost exercise. It is all about making sure we had the right space and the right environment for our employees to fulfil our vision of being a great SaaS company. It wasn't the cheapest option, it was the right option."

Over the next three years, the tech giant is planning to fill 500 jobs in product engineering, data science, support and sales. This includes around 200 open positions in the Newcastle centre, with the remainder being made in Manchester, Reading and London.

Mr Gill was unable to say at this point how many of the jobs would be newly created and how many of the roles were being filled due to the natural churn at the business. However, he emphasised that the hires are being made to grow the business.

The investment will also include PS1. …

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