Technology company WorkFusion is to set up its new European headquarters in Dublin city centre which will create 100 jobs over the next three years.
Dublin will be the company's fourth physical office joining WorkFusion's global headquarters in New York City and locations in Warsaw in Poland and Hyderabad in India.
The new Dublin office will house the company's R&D and data scientists as well as other key software engineering roles. The company works with banking, insurance and financial companies.
According to a recent ManPower Group Employment Outlook Survey, three in four employers globally report difficulty finding the talent they need in 2022.
WorkFusion solves the problem of a company having too much work and not enough workers with its AI-powered "Digital Workers" completing end-to-end jobs, freeing up company's staff to perform higher, more valuable work.
"When considering where we should locate our European headquarters, Dublin was an easy choice," Adam Famularo, CEO of WorkFusion, said.
"Ireland has a booming technology sector and an abundance of skilled talent, plus it's ideally situated as the gateway to the EU. It also has great technical universities and, as an AI company, Dublin's focus on being the world's AI centre of excellence was an added bonus," he added.
Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar said the Intelligent Automation technologies in which WorkFusion specialises are giving businesses cutting-edge solutions.
He said that WorkFusion are already providing this expertise to banking, insurance and financial companies.
"AI is going to be a big part of the future of technology and having a leading company establish its European HQ here is testament to the talented workforce in Ireland," he added.
Martin Shanahan, the CEO of IDA Ireland, said the arrival of WorkFusion, in the Intelligent Automation space is a great addition to the vibrant FinTech sector in Ireland.
"Ireland is an ideal location from which the company can grow and expand its products and services in Europe," the IDA CEO added.
