A new company based at University College Cork hopes to create 30 jobs over the next three years as part of its development plans.
ThinkSmart Technologies is a software company which has invented a system that mixes maths and artificial intelligence to analyse circumstances and speed up decision-making for companies.
The company is supported by Enterprise Ireland and UCC's Office of Technology Transfer.
ThinkSmart says its optimisation technology has a wide range of applications from scheduling airline crews and routing trucks supplying supermarkets to customising package holidays for individual travellers.
Company CEO Dr Brendan O'Brien says this is a fantastic opportunity for them.
He said they would expect to recruit up to 30 highly-skilled software, sales and marketing graduates over the next three years as the company develops.