Technology firm Qualtrics has opened its European headquarters in Dublin, which it hopes will lead to the creation of 150 jobs over the next three years.

Qualtrics, which is based in Utah in the United States, offers software that makes it easier to conduct research and surveys.

It has opened its first international office in Dublin and 50 people will be employed in the office in the next year.

The company hopes to add another 100 positions by the end of 2016.

CEO Ryan Smith said Ireland serves as "the perfect entry point to Europe", while Dublin offered a significant amount of the talent and resources needed to grow internationally.

Taoiseach Enda Kenny said we are now seeing signs of recovery with 3,000 jobs a month being created.

He said the decision by Qualtrics to locate its European HQ in Dublin was a vote of confidence in Ireland and its high-skilled workforce.

IDA Ireland chief Barry O'Leary described the arrival of Qualtrics to Ireland as "a key strategic win" for the country.

Qualtrics was founded in 2002 and today employs more than 350 people.

In 2012, it secured $70m (€51m) in investment from Accel Partners and Sequoia Capital.

It also experienced triple-digit growth during the year.