The Minister for Enterprise, Trade and Innovation, Batt O’Keeffe TD has announced 150 jobs in a leading US software firm in Cork.
Quest Software is to set up an international shared services centre in the city and the new jobs will come on stream over the next three years.
Quest Software, which has a sales office in Dublin, wants to expand in Ireland and the new Cork operation will be the key international service centre for the firm’s growth worldwide.
The firm develops enterprise systems and network management software for businesses.
The new centre, which is expected to open this month, will be based in Citygate in Mahon and the investment is supported by the Government through IDA Ireland.
The jobs will be in finance, software renewals, inside sales and software development.
Announcing the investment, Minister O’Keeffe described the new jobs as “strategically important for Ireland’s information communications technology (ICT) sector.
“Eight of the world’s top 10 technology firms are based in Ireland and Quest Software’s move to choose Cork for the international shared services centre following a global evaluation of sites shows that we have the local talent pool, infrastructure and business environment to draw high-tech investments.
“Already, Cork has a vibrant ICT sector, with about 8,000 high-tech workers employed by IDA Ireland client firms in the county so the announcement strengthens our value proposition to the global investor community.
“About three-quarters of our exports are now from the multinational sector, signalling that recovery in the domestic economy is under way and our foreign direct investment sector is outperforming many other countries in the eurozone area.
“The Government has prioritised investment in the enterprise sector so that we can continue to attract top-level investors to Ireland and create high-quality jobs for our people,” said Minister O’Keeffe.
Quest Software, which was established in 1987, is headquartered in California.
The firm has 60 offices in 23 countries employing about 3,400 workers.