Cyber security firm Kocho has opened a new office in Cardiff in an investment that will create 40 new jobs and support plans double revenues over the next five years.
The firm, which also provides identity, cloud transformation and managed services, has established a security operations centre (SOC) at the 2 Kingsway office scheme in the centre of the city to house its expanding team of identity specialists.
Kocho was formed earlier this year following the merger of London-based TiG Data Intelligence with Cwmbran-based identity and cyber security specialist ThirdSpace.
The company is a leading Microsoft partner supporting mid-market companies – including many household brands – to adopt complex, digital technologies while also protecting against cyber threats.
The new office increases Kocho’s capabilities in Cardiff, fulfilling its plans to establish a cyber and identity centre of excellence in Wales, which provides services to clients across different industries, including financial services, health, manufacturing and professional services. The company plans to recruit up to 40 new team members into its SOC over the next three years.
Along with its new Cardiff office, Kocho is actively strengthening its relationship with the University of South Wales in order to nurture the next generation of cyber security talent, particularly in young women interested in successful careers in technology.
Kocho has annual revenues of £40.6m and 260 employees across its offices in London, Cardiff, Hersham and Manilla. It expects to more than double its revenues within the next five years through a combination of organic growth and acquisition, as demonstrated by its recent acquisition of the leading Surrey-headquartered mobile security and managed service provider Mobliciti.
The firm’s chief executive, Des Lekerman said: “It’s really exciting to unveil the new Kocho office space in the heart of Cardiff. We’re an ambitious, fast-growing company which recognises the strength of tech and cyber talent available in Wales. We’re keen on bringing additional benefits to our customers across Wales and the UK by combining our expert identity and security skills paired with cloud transformation and managed services to meet a growing and acute market need.”
Read More:
