Ocado to create 260 new jobs in Old Street tech hub

Online supermarket Ocado will bring 300 jobs to London as it bolsters the digital talent behind its technology platform for supermarkets.

The Ocado smart platform will be sold to companies across the world to help them move online, the firm said.

Read more: Ocado pumps £17m into vertical farming joint venture

The London office, in Old Street, becomes Ocados sixth development centre, the company said. The others are in Hatfield, Bulgaria, Spain and two in Poland.

It will start as home to 40 software engineers, with plans to bring the total to around 300 “in the near future”.

Ocado confirmed 260 of those roles will be new technology jobs.

“Were excited to be expanding our network of development hubs into London, a city renowned for being at the forefront of tech innovation and home to many talented technologists,” said Ocado Technology chief executive James Matthews.

The engineers in London will work with artificial intelligence, machine learning, big data, simulation and cloud platforms, the company said.

Ocado wants to scale up its off-the-shelf and bespoke offers to global supermarkets.

Read more: Ocado chips in to £7m round for UK robotics startup Karakuri

The firm sells an online platform, similar to that which has propelled iRead More – Source

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