IDA announces 560 new jobs as it seeks to lure cloud computing firms

THE IDA said it is trying to lure cloud computing and financial analytics firms to Ireland, as it announced 560 jobs are to be created.

The agency, which is responsible for attracting companies into Ireland, said 75 overseas investments were won in the first half of this year, up 19% on last year. It said it is on track to achieve its “ambitious” investment and jobs targets for the year.

The number of first-time or new-name investors to Ireland increased by 40% in the first six months of 2011, with 28 companies deciding to invest here for the first time.