Home > Technology > Horizon8 plans to create 50 jobs for Cork

Horizon8 plans to create 50 jobs for Cork

Written by Robert McHugh, on 6th Dec 2019. Posted in Technology

article headline

It was announced today that Horizon8 has opened its European headquarters in Cork, Ireland.

Formerly called HengTian, the Company was created in 2004 as a strategic partnership between Boston based State Street, Hangzhou based Insigma Technology and Zhejiang University. 

The new office in Cork will mark the first European office for Horizon8 adding to the company’s North American presence in Boston. 

Since its inception, Horizon8 has developed a suite of capabilities and solutions across professional services, data analytics, AI and blockchain technology, working with clients across a multitude of sectors.

Speaking at the opening, An Tánaiste, Simon Coveney said, "This announcement is great news for Cork and indeed Ireland. With up to 50 jobs planned, Horizon8 is placing a significant vote of confidence in the Irish Market and further demonstrates our competitive position in attracting Foreign Direct Investment. All of these roles will be for high-skilled workers, including engineers, developers and business consultants." 

Managing Director of Horizon8 in Europe, Patrick Horgan added, "For Horizon8, Cork offers us access to a deep talent pool, European connectivity and most importantly a location which is surrounded by best in class academic institutions. Through our collaboration with University College Cork, we are committed to driving R&D innovation in Ireland. We look forward to building our presence here in the coming years and creating jobs but also new, cutting-edge solutions for our customers around the world."

Source: www.businessworld.ie

More articles from Technology

image Description

Wellola raises €2.2m to accelerate expansion

Read more
image Description

Generative AI adoption rates on the increase in Irish workplaces

Read more
image Description

63% of businesses in Ireland to increase AI spend in 2024

Read more
image Description

New AI Accelerator Programme for Start-Ups at UCD

Read more
image Description

Invert Robotics secures €2.5m investment

Read more