D&B, formerly known as Dun and Bradstreet, is to create 100 new jobs in Dublin as it sets up a business operations centre in the city.

D&B supplies commercial information and insight on businesses and its global database contains more than 140 million business records in over 120 countries.

The 100 new positions will be in place by the middle of next year and the investment is being supported by IDA Ireland.

The new Dublin operation, based in Sandyford, will be responsible for the collection and processing of data on subject companies.

'D&B's reputation within the business community is second to none,' commented the CEO of IDA Ireland, Barry O'Leary.

'Its decision to chose Ireland for this strategically important and knowledge-driven activity is very significant for Dublin and the country as a whole. It is a tremendous addition to our global business services base,' he added.