Graduate jobs to be provided by IBM

IBM has announced new funding to its Ireland Development Lab that will create around 100 jobs over the next three years.

According to the software developer, the Industrial Development Agency (IDA) Ireland is to provide up to €25m (£21.3m) of investment for the project, which is to generate vacancies for technology graduates.

Minister of Finance Brian Lenihan said Ireland's contributions will help the development of global software research.

He said: "The benefits are tremendous in terms of the highly sophisticated software technology that will be developed, the highly skilled positions that will be created."

Vacancies are due to be made for high-value software engineering positions as the lab looks to produce intelligent software applications and help lower the cost of operations, while improving business relations.

The new roles are to be created in Cork, Dublin and Galway and will concentrate on enterprise cloud computing programs and database platforms.

Earlier this month, IBM announced that its supercomputers had been ranked as the best in the world for a tenth-consecutive time on the semi-annual Top500 list.