First Data to open R&D facility in Tipperary

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21 January 2016 | 0

The secure payments and commerce company First Data has announced that it is to establish its first major base outside of the United States with a research and development centre in Nenagh, County Tipperary.

Expected to employ about 300 people, the Tiperrary facility will centralise work on a number of the company’s technology platforms, such as application/software development, application analysis, business analysis, technical project management, systems consulting, and enterprise architecture.

“We have always enjoyed outstanding collaboration with authorities in Ireland to grow our business…  and have benefitted from the extraordinarily talented and diverse workforce,” Tom Higgins, CAO, First Data

The company already employs about 300 people in Ireland, with two separate facilities in Dublin.

“We have always enjoyed outstanding collaboration with authorities in Ireland to grow our business there and have benefitted from the country’s extraordinarily talented and diverse workforce,” said Tom Higgins, chief administrative officer, First Data. “We are looking forward to expanding our presence in Ireland with this new facility in Nenagh, County Tipperary that will house some of our most advanced research work in payments technology.”

The Nenagh project is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

“Having met with the CEO of First Data in May,” said An Taoiseach Enda Kenny, “I am delighted to warmly welcome this announcement of 300 new jobs, which is great news for Nenagh, County Tipperary and the Mid-West Region.  The latest phase of the Government’s Action Plan for Jobs has been a set of regional action plans to ensure that every area can achieve its economic potential and the benefits of the recovery are felt in every region, county and community in the country.  First Data’s investment is a vote of confidence in the Mid -West and in the Irish workforce.  The Government is determined to support strong job creation all over the country as the best way to keep the recovery going.”

Minster for Jobs, Enterprise and Innovation, Richard Bruton, also added his welcome, having met with First Data on trade missions to the US.

“Jobs are growing in every region of the country,” said the Minister, “however they are growing faster in some regions than in others. That is why at the heart of our Action Plan for Jobs is putting in place plans to accelerate employment growth right across the country. Today’s announcement that First Data, a world-leading technology company, is establishing a high-end facility in Nenagh, with the creation of 300 extra jobs, is a massive boost.”

CEO of IDA Ireland, Martin Shanahan also highlighted the importance of such a facility in regional development efforts.

“This is an important investment by First Data in a regional location, with significant local economic benefits,” said Shanahan. “First Data’s decision to establish a part of its business in Nenagh is a strong endorsement of the Mid-West region. Since launching our new strategy in 2015, IDA has instituted a renewed focus on winning high quality jobs and investment in locations outside of major urban areas. IDA Ireland looks forward to continue working closely with First Data to establish its new centre in the Mid-West region.”

Pending the signing of a lease for the property and the completion and renovation of an existing 32,000-square foot facility at Stereame Business Park, First Data said that hiring will commence for the opening of the centre later this year, with occupancy expected in 2017.

 

 

TechCentral Reporters

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