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Netwatch Case Study

Digital Technologies
Based in Digbeth, Netwatch is part the growing cybersecurity industry in Birmingham triggered by a professional services boom in the region. Netwatch helps business, professional and financial services (BPFS) companies to investigate and reduce the cost associated with false claims, counterfeit goods, internal fraud and organised crime.
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It leverages online, public and social media data sources along with other elements of cyber intelligence and geotagging to quickly build profiles and intelligence on criminals and opportunistic fraudsters.

Why relocating:

Netwatch decided to move from Worcester in 2016 and set up in Digbeth, Birmingham after growing at an exponential rate. The city centre was the ideal location to attract talent and strengthen links with customers.

Why the West Midlands?

Being within the BPFS hub of Greater Birmingham enables Netwatch to work with top international financial institutions. Since moving, they have been able to capitalise on the record number of businesses now based nearby.

With General Data Protection Regulation (GDPR) coming into force in April 2018, it has never been more important for large organisations to seek cybersecurity and anti-fraud expertise.

What the West Midlands has offered them:

David Purcell, Chief Operating Officer at Netwatch cites the “great culture and quality of life” as a means by which Netwatch has been easily able to recruit and retain top talent. With great links to world class universities which offer relatable courses in criminology and sociology, Netwatch has been able to offer internships to budding graduates.

As a thriving city, Birmingham is retaining and attracting these graduates, benefiting companies like Netwatch who is growing at a great pace. Figures show that Birmingham is now attracting more people from London than it is losing with a net import figure of 1,230 in 2016.

Driven by investment from global companies such as HSBC and unprecedented levels of infrastructure development, the city is economically flourishing. Since relocating, Netwatch has been able to take full advantage of this, working with top financial institutions including seven of the top ten UK insurance companies.