300 new jobs will be created through a new centre for Data Analytics.

Insight will place four universities, including DCU, NUI Galway, UCC and UCD at one location in Dublin - they will work with small start up companies as well as large multi nationals to match up research with real life industry needs.

The positions will be rolled out at 12 "spin outs" - but the Government says thousands of other jobs will be created indirectly.