€5m Cork data centre investment

A €5m investment at Cork Internet eXchange’s (CIX) data centre has resulted in the company creating 10 new jobs as it doubles the capacity of its Hollyhill site.

The development of the new CIX 1B Data Centre has its sites firmly set on the future as Irish internet traffic is set to grow 200% a year and the Irish data-hosting market will grow 18% a year between now and 2016, outpacing Britain and mainland European locations.

Research and Innovation Minister Sean Sherlock said that the infrastructure needs to be in place to allow the region attract foreign direct investment.