On November 25, 2024, AVEVA announced a significant investment of £1.4 million to establish a new Research and Development (R&D) center in Derry, Northern Ireland. This expansion, revealed by Economy Minister Conor Murphy, is set to double AVEVA's workforce in the region and create 23 new jobs. AVEVA, which has been operating in Derry since 2015, is a leader in industrial software and aims to enhance its global growth, particularly focusing on its Asset Information Management (AIM) solution. Iju Raj, Executive Vice President of R&D at AVEVA, highlighted the importance of local talent and the support received from Invest NI in facilitating this expansion. Brendan McGuigan from Invest NI emphasized Derry's strategic significance as AVEVA's second UK R&D hub, reinforcing the city's role in the technology sector. This investment is expected to contribute positively to the local economy and further establish Derry as a center for technological innovation. [d968dfcc]
