Industrial Development Agency of Ireland (IDA Ireland) and IBM have announced Europe's first cloud computing centre.
The facility, located in Dublin, will serve as a hub that will deliver Cloud Computing research and services to a number of satellite facilities to be built in Europe, Middle East and Africa.
Experts from IBM will work directly with businesses from the region, to assist them adopt cloud computing which it claims will spur technology research and business development.
The Irish government said the selection of Dublin as the location for IBM's European hub will support the country's business technology.
"IDA Ireland and IBM have a proactive long-standing relationship in advancing the Irish business and the implementation of strategic high value knowledge based research and development investments," said Micheál Martin TD, Irish government minister for enterprise, trade and employment.
Cloud computing is IT infrastructure with dynamic shared computing resources that are virtualised and accessed as a service. IBM said it replaces the traditional datacentre model where companies own their own hardware and software systems.
IBM also claimed that cloud computing was a green technology, with need fuelled by the growth in business collaboration, connected devices, real-time data streams and Web 2.0 applications.
The centre's first offering is IBM Idea Factory for Cloud Computing, which will use Web 2.0 technology to allow communities to form social networks that will then spur innovation of new business ides.