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Transiris Corporation, a US-based technology and data consultancy headquartered in Silicon Valley, has selected Scotland for the next stage of its international expansion and is set to create 26 jobs at its new office in Glasgow. The expansion is supported by £250k of Regional Selective Assistance (RSA) funding from Scottish Enterprise, which was awarded to Transiris following a competitive review.
This major announcement follows the publication of the EY Scotland Attractiveness Survey, which highlighted a massive 56% growth in the number of digital foreign direct investment projects coming to Scotland, and a recent Tech Nation report also noted that Glasgow is attracting a new generation of tech start-ups and workers, with a strong focus on data science and data-driven innovation.
Transiris, which also has operations in Canada, Spain, Romania and Austria, develops technology solutions in areas such as Digital Automation, Digital Marketing, Big Data, and Data Analytics. The new base in Glasgow will provide services to global Fortune 500 companies.
Speaking about the announcement, Scottish Government Minister for Trade, Investment and Innovation Ivan McKee said: “Foreign Direct Investment is a significant contributor to Scotland’s economy with over 2,350 foreign-owned companies operating from 8,850 sites. Companies like Transiris recognise what Scotland and its workforce has to offer. I look forward to working with them as they roll out their plans for Scotland.
“Scotland has huge economic potential and we are well placed to take advantage of the economic opportunities that come from our established strengths in innovation and technology.
“As a government, we have increased our investment in the economy this year by 64%, as part of our £2.4 billion investment in enterprise and skills. We have the most competitive business rates system in the UK and we are supporting sectoral and business growth, for example through delivery of the National Manufacturing Institute (NMIS) and the Scottish National Investment Bank (SNIB).”
According to Transiris’ CEO, Silvian Centiu, the decision to invest in Glasgow was fuelled by a desire to access cost-effective talent, in particular data scientists and AI engineers.
He said: “We’re always looking for the best people anywhere in the world – that’s how the workforce generally develops these days. Scottish universities include some of the best in the world, and there’s a strong culture of innovation and entrepreneurship. We found a very good business infrastructure here, and a culture that’s viable for a growing company.
“The strong communication, friendliness and openness to change that we’ve seen in Scotland, combined with capability and high professionalism, will give us the competitive advantage we’re looking for. Based on what we’ve seen so far, the support in the business environment is comparable to Silicon Valley, which is a place we thought was unparalleled in that aspect.”
Paul Lewis, managing director of Scottish Development International, which worked with the company to secure the investment in Scotland, said: “By connecting a fast-growing, global company like Transiris to a hub of talent, academic expertise and an integrated supply chain, we are able to deliver fantastic jobs and training opportunities for the people of Glasgow and anchor the company within Scotland’s dynamic data and technology ecosystem for long-term economic impact.
“This investment by Transiris absolutely illustrates what we already know – that Scotland has a strong and globally attractive proposition for data investment projects, and this is starting to translate into real opportunities for people and places across Scotland where we have hubs of expertise, talent and connected business infrastructures. We look forward to working with Transiris as they seek to deliver on their ambitious international growth plans from Scotland.”
Transiris is a certified digital automation partner with IBM, Oracle, Adobe, salesforce, UiPath, etc., and is frequently listed as a Top 10 digital marketing company in US industry publications. Clients include Cisco, ThermoFisher, HPE, Bank of Montreal, and Vodafone.