Extreme Networks is to invest three million euros to expand its R&D programme in Shannon, Ireland.
The investment will create 20 new jobs in engineering, data science and software engineering over the next two years, with the Irish government providing additional funding in the form of a research, development, and innovation grant worth over 500,000 euros.
The newly established R&D team will focus on developing a next-generation cloud portal for network applications and services, as well as a state-of-the-art AI-based security system for the Internet of Things (IoT).
The Shannon R&D base is part of a long-term strategy by Extreme Networks that will result in the creation of a substantial number of specialised engineering jobs in the region over the next five years.
With the network industry currently experiencing clear shifts in spending patterns as enterprises focus more on applications and security over physical hardware, this support for the programme in Shannon is the next step in building a new ‘Cloud and AI Centre of Excellence’ for Extreme Networks.
Liam Kiely, Vice President of Product Strategy, Extreme Networks, said:
“The grant from the Irish government, as well as the significant investment we are making ourselves, will provide a boost to our R&D team. The solutions they will be developing will be on the cutting-edge of cloud and AI-based network solutions, representing a major milestone for us as a company, our customers and the industry as a whole.”