To develop new technologies and support innovation in global financial institutions.
India’s second largest IT service company Infosys said it would create 250 new technology jobs in Ireland over next the three years to develop new technologies and support innovation in global financial institutions. The new roles are in addition to more than 250 employees that are already working for Infosys in Ireland. The company’s current employee strength in Ireland includes the employees that have been transferred from AIB to the Infosys Booterstown facility and employees working onsite at client locations in Ireland.
“The new project has been supported by the Department of Jobs through IDA Ireland”, Infosys said in a filing to the BSE. As per the regulatory filing, the expansion will see Infosys create up to 95 roles at its first dedicated product-centric research and development (R&D) centre outside India. The company will also open second Irish facility to house up to 155 people who will provide IT services to Infosys clients.
The highly skilled technology roles at the R&D facility will be established by the product subsidiary of Infosys, EdgeVerve Systems and will focus on FinTech research and development. “I am delighted to welcome 250 new jobs at Infosys. This is a vote of confidence in Ireland, our great workforce and our reputation as a hub for technology and innovation,” said Irish Prime Minister Enda Kenny.
The centre will operate an open innovation model, working closely with customers, technology partners, academic institutions and the startup community in areas of technology, such as blockchain and analytics. The employees at the company’s new development centre will provide technology services to its global and Ireland-based clients in the financial services industry. “The work will include high-end IT consulting, business analytics, business processing and customer service,” the company said.
“Infosys is already working with clients in Ireland helping them explore new ways of working and advancing, by embracing technology-led innovation,” said Vishal Sikka, Chief Executive Officer and Managing Director of Infosys.
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