Management consultancy firm Accenture is to invest €25 million in a new centre for innovation in Dublin, which will create 200 jobs.
The company said it will “research, incubate, and pilot innovative industry-specific and cross-industry technologies and solutions for its clients” in the new centre. The centre will also include a technology lab that will focus on identifying and scaling innovative solutions based on new and emerging technologies.
Accenture said it will recruit more than 200 professionals with R&D and design expertise in cognitive computing, Internet of Things, advanced analytics, security and digital marketing.
Accenture Ireland managing director Alastair Blair said the company has made significant investments in Ireland over the years, including the creation of the Accenture analytics centre in Dublin which will now serve as the cornerstone for the company's centre for innovation.
“We have a long history in Ireland and a significant presence in the country with more than 1,800 employees today,” he added.
IDA chief executive Martin Shanahan said the innovation centre positions Dublin as a global centre of excellence in a number of areas including cognitive computing and advanced analytics and strengthens Ireland's technology ecosystem.
Accenture is a global management consulting, technology services and outsourcing company, with more than 358,000 people serving clients in more than 120 countries.