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Indian IT services company Infosys will double the size of its workforce in Ireland with the creation of 250 jobs over the next three years.
The project will create roles focused on developing technologies for the financial services sector.
Infosys is growing its onshore workforce in Ireland. Earlier this year Infosys signed an application development and management outsourcing deal with Allied Irish Bank, which involved setting up a support centre in Dublin with 200 staff.
“This is a vote of confidence in Ireland, our great workforce and our reputation as a hub for technology and innovation,” said Taoiseach Enda Kenny. “The government wants to keep the recovery going by providing the right environment for companies like Infosys to locate, expand and create jobs."
Just under 100 roles will be created at the supplier's first research and development (R&D) centre outside India. It will also open a second Irish facility with 155 staff to provide IT services to Infosys customers, including high-end IT consulting, business analytics, business processing and customer service.
The research centre will work closely with customers, technology partners, academic institutions and the startup community.
Minister for jobs, enterprise and innovation, Richard Bruton said: “Information technology and business consulting is a key sector which we have targeted as part of our Action Plan for Jobs, and we have put in place a range of measures to support jobs growth in this area.”
In September 2015, Accenture announced a European IT hub in Dublin that will house 200 staff focused on the research, development and design of cognitive computing, internet of things, analytics, security and digital technologies.
Read more about Indian IT suppliers creating jobs
- Allied Irish Bank contracts Infosys in its latest outsourcing deal, which results in more external investment in Ireland.
- IT services firm TCS is offering a thousand British youngsters the opportunity to work at some of its technology centres in India.
The move sees Dublin join Accenture technology labs in the US, France, Beijing and Bangalore. The IT services supplier will invest €25m in the centre.