Cloud software company Workday has announced a three year €175m investment and 200 new jobs at its new AI Centre of Excellence in Dublin.
Workday, which specialises in HR and payroll processing, said the investment at its AI Centre of Excellence in College Square in Dublin 2 is supported by IDA Ireland.
The company currently employs 2,200 people here, of which about 80% work in product research and development.
The company said its new AI Centre of Excellence will focus on product development, AI upskilling, AI academic fellowships & partnerships as well as partnerships with Irish tech scale-ups.
"Dublin has been a cornerstone of Workday's innovation for close to two decades," said Graham Abell, Vice President, Software Engineering & Ireland Site Lead, Workday.
"This latest investment will power our next chapter - pioneering the next generation of ERP, built for the AI era," he added.
"Workday’s decision to expand its AI footprint in Dublin is a testament to Ireland's reputation as a global leader in technology and innovation," said Michael Lohan, the CEO of IDA Ireland.
"This investment of €175m and 200 jobs over the next three years will further strengthen Ireland’s position at the forefront of AI research and development," he added.
"Since Workday acquired Irish tech innovator Cape Clear in 2008, it has evolved into a research and development powerhouse, based on a blend of talented people, technology and innovation which Ireland can uniquely provide," the Minister for Enterprise, Tourism and Employment Peter Burke said.
"Workday's decision to expand its AI footprint in Dublin is a testament to Ireland's reputation as a global leader in technology and innovation. We are very pleased to support this investment and partner with Workday to maximise its new AI Centre of Excellence," Mr Burke added.
