Cora Systems clients manage more than $100bn worth of projects on Cora’s systems every day.
Leitrim-headquartered software business Cora Systems has revealed it plans to create 300 new jobs to serve €60m worth of new business it has won since the start of the pandemic.
Carrick-on-Shannon-based Cora’s software allows businesses to manage big programmes and projects.
“Cora streamlines and centralises all the data required to help our clients deliver their projects on time and on budget”
The 300 new jobs will be split 50/50 across its Irish headquarters and its US offices in Atlanta, Georgia.
At least 100 of the jobs will be added this year and a further 200 by 2024.
Supply chain bottlenecks
The company’s growth has been in response to supply chain bottlenecks that emerged as the pandemic began to receded last year.
As a result the company has won €60m worth of new business since January and has grown 330% over the last 12 months.
CEO Philip Martin said the company has invested €10m in its people and products during the pandemic.
The company’s success has been in response to changes to supply chains that have cost enterprises hundreds of millions in cash.
“Cora streamlines and centralises all the data required to help our clients deliver their projects on time and on budget,” Martin said.
Cora customers include Allergan Pharmaceuticals, Automated Logic, Honeywell and the UK’s National Health Service.
Earlier this month Cora was recognised by industry analyst Gartner in its annual Magic Quadrant for Strategic Portfolio Management report.
Cora was founded in 1999 by husband and wife team Philip Martin and AnneMarie Burke.
“As a bootstrapped company, we’ve been able to focus not just on profitability but also on product innovation,” Martin said.
“During the pandemic, we invested €10 million in our people and product which has resulted in year-on-year growth of 330%. This puts Cora, globally, in an exclusive hyper-growth SaaS category.”