IT service provider Version 1 has announced the opening of its Munster headquarters in Cork city centre, creating 40 specialist IT jobs for the region.
The new office at Lapp’s Quay will see Version 1 increase its workforce to 75 technology professionals by 2021 in the region.
Lord Mayor of Cork City Mick Finn said: "Cork's ICT sector is playing a central role in the economic engine of the city and county.
"Cork is an attractive proposition for employers like Version 1 seeking a highly skilled IT workforce.
"We welcome Version 1's expansion and commitment to job creation in the city, reinforcing Project Ireland 2040 and Cork's role as the fastest growing region in Ireland."
The expansion will help the company provide enhanced Digital and Cloud services to its customer base, which includes the Department of Transport, Tourism and Sport, in Cork and the wider Munster region.
The company employs over 1,200 people across ten office locations in Ireland, the UK and India, with 800 of its employees based in Ireland.
The 40 new roles in Cork will be created over the next 24 months and will include opportunities for experienced Digital and Cloud IT professionals and technology graduate roles.
Tánaiste and Minister for Foreign Affairs and Trade Simon Coveney TD said the company's expansion in Cork was a significant endorsement of Cork and Munster as a hub for the technology and innovation sector.
Mr Coveney said: "The decision by Version 1 to expand its Munster headquarters here speaks volumes about Cork’s visibility as a location of choice for both Irish and international technology and IT employers.
"Cork has a proud reputation as Ireland's second largest economic engine and has an enviable track record in investment attraction and Version 1’s decision to open a new office there is recognition of that future growth potential.”
Version 1 Chief Executive Tom O'Connor said the company is looking forward to welcoming 40 employees in Cork.
Mr O'Connor said: "Version 1 is an avid supporter of the ongoing efforts for Cork to be recognised as a vibrant hub for indigenous and international enterprise and we are proud to work collaboratively with many of the local business, technology and educational associations to support the attraction of more graduates and highly skilled IT talent in the region.”