The next six years will see a total investment of €46.4 million in LERO. As part of this the National Software Research Centre will recieve €32.6 million, Ms Jan O’Sullivan TD, Minister for Education and Skills announced this week.
The development means that 90 PhD and 46 postdoctoral research positions will be created over the next six years, with recruitment commencing immediately. The University of Limerick has been the destination for a lot of investment from the Science Foundation and other funds recently as it seeks to attract both fusnding and academic success in a number of fields.
€32.6m of this investment, in LERO is being funded by Science Foundation Ireland (SFI) with support from the EU Structural Funds. Industry is backing the initiative with total contributions worth €13.8m.
Including researchers from UCC and NUI Maynooth, will mean that all Irish universities plus Dundalk IT are represented in the national centre, which is located on the University of Limerick campus.
Research areas will combine core research with targeted projects in hot sectors including cyber security, Internet of Things, cloud computing, medical devices and smart cities.
Lero already works with multinational industry partners such as IBM, Fidelity Investments and Microsoft. Indigenous research projects are being implemented with local companies including S3 Group, Statsports and Tullow Oil.
“The collaboration of the best academic brains from all the country’s universities is unique in Ireland and rare worldwide,” commented Minister O’Sullivan. “This new investment in Lero is an important part of the national infrastructure and provide access to a world class software
Photo Courtesy of University of Limerick
research centre for over 1,000 indigenous tech firms.”