Global software major Infosys announced on Monday it is creating 250 new jobs over the next three years in Ireland to develop new technologies and support innovation in financial institutions.
The expansion will create 95 jobs at its first dedicated product-centric research and development (R&D) centre outside India and open a second Irish facility to house up to 155 techies for providing client servicing, Infosys said in a statement here.
The Irish department of jobs has approved the IT major's expansion plan in Ireland after Prime Minister Enda Kenny and Jobs, Enterprise and Innovation Minister Richard Burton cleared them.
This project has been supported by the department of jobs through IDA Ireland.
"The technology roles at the R&D facility, which will be set up by our product subsidiary will focus on FinTech research and development. The centre will also operate an open innovation model, working with customers, partners, academic institutions and the start-up community in blockchain and analytics," the statement noted.
The new project will include IT consulting, business analytics, business processing and customer service.
"The new roles are in addition to over 250 employees working for us in Ireland, including those transferred from AIP to the Infosys Booters town facility in July and those working onsite at client locations in the Irish country.
"Infosys creating 250 new jobs is a vote of confidence in Ireland, our workforce and our reputation as a hub for technology and innovation. We want to keep the recovery going by providing the right environment for firms like Infosys to locate, expand and create jobs," the statement quoted Kenny as saying.
Noting that the company had based its growth on a foundation of education, lifelong learning and commitment to innovation, Infosys chief executive Vishal Sikka said the company was working clients in Ireland and helping them to explore new ways of working and advancing.
"We want to build on this early success. With an ecosystem of like-minded partners in Ireland, we will pursue new ideas and new ways to solve the challenges of our times," he said.