Ericsson (NASDAQ:ERIC), the fifth-largest software company in the world, is today announcing further expansion of its Irish operations, with the creation of an additional 120 jobs in 2014.

Also this morning two additional jobs announcements were made with SAP increasing it’s investment in the Business Objects Software Ltd.’s Development Centre in Ireland and NDOS Financial Limited (INDOS), an independent business that provides depositary services under the Alternative Investment Fund Managers Directive (AIFMD), plans to expand its Irish office, based in Enniscorthy, Co. Wexford, with the creation of up to 10 jobs. The investments are supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

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SAP’s facility in Citywest Dublin will create 60 highly skilled roles in Predictive Analytics. These new R&D roles will significantly expand the BusinessObjects development organisation in Dublin. SAP is also currently recruiting in its Business Suite and Cloud Support organisations and expects to fill over 200 roles in 2014.

SAP operations in Ireland provide industry-leading solutions for reporting and analytics. The Dublin Development Centre continues to lead the evolution of the business intelligence and analytics suite, providing SAP customers with advanced and revolutionary analytics tools. The new Predictive Analytics drive will focus on enabling enterprises to better consume Big Data, and also to utilise powerful new technologies to forecast and predict better outcomes for businesses.www.sap.com

Ericsson is Ireland’s leading provider of telecommunications infrastructure and services. Recruitment for the 120 new positions, to complement the existing workforce of more than 1,400, will commence immediately. Ericsson is seeking to fill a range of positions in both Dublin and Athlone. The jobs being created are highly-skilled roles encompassing software developers, solution architects, consultants and programme managers. A number of these roles are in Ericsson’s recently acquired TV business unit, Mediaroom. http://www.ericsson.com/thecompany/press

INDOS, a privately owned business head quartered in London, was established in 2012 principally to enable alternative investment fund managers managing non-EU alternative investment funds to meet new depositary requirements required by the AIFMD. The AIFMD comes into full effect for the majority of managers in July this year.

INDOS specialises in the provision of independent depositary services for alternative investment funds, many of which will already be administered by fund administrators based in Ireland. www.indosgroup.com