Dublin – 21 June, 2018 – Data analytics and anonymisation firm Trūata today announced it plans to hire up to 75 personnel – mainly data analysts, data scientists and engineers – in 2018 for its newly opened headquarters in Dublin. The recruitment drive comes three months after the start-up was launched as a trust by its founding beneficiaries, Mastercard and IBM. Last month artificial intelligence (AI) and Internet of Things (IoT) firm C3 IoT joined the company as a beneficiary and technology provider, and earlier this month Trūata appointed Aoife Sexton to its core team as its Chief Privacy Officer.
Trūata helps organisations conduct analytics in full compliance with Europe’s new privacy and data protection framework, the General Data Protection Regulation (GDPR), which came into effect on May 25th. Held in a trust structure with the partners as beneficiaries, Trūata provides an innovative approach to handling data anonymisation and analytics, focusing on full compliance with GDPR, both in practice and in spirit.
Minister for Business, Enterprise & Innovation, Heather Humphreys TD, warmly welcomed the news, saying: “I would like to congratulate Trūata on its new HQ in Dublin. Ireland is at the forefront of innovation in data management, which is more important than ever since the introduction of GDPR. Trūata’s arrival is a great vote of confidence in what we have to offer, and we welcome the creation of 75 highly-skilled new jobs and wish them well for the future.”
Felix Marx, CEO of Trūata said: “I’m delighted to announce the launch of our new HQ in Dublin, a city that we identified as an engine of growth and a hotbed of technology talent. Today, Trūata and I personally invite the city’s brightest minds to join us as we pioneer this new approach to data management. The GDPR has been a powerful catalyst for innovation. The scientists and engineers that join us will be working at the forefront of this exciting area.”
Trūata’s recruitment drive was welcomed by Ireland's inward investment promotion agency, IDA Ireland, as a boost to the local economy and a vote of confidence in the booming technology industry that has found its home in Dublin.
Martin Shanahan, CEO of IDA Ireland added: “Trūata’s decision to establish its HQ in Dublin is an endorsement of the city’s reputation as a vibrant technology hub within the EU. Dublin continues to attract and retain a talented and well educated workforce. Ireland’s strong position on data protection is becoming a key factor in attracting data focused companies.”
Set up as a trust, Trūata offers a new approach to handling data anonymization and analytics to help organisations meet the standards of personal data protection envisioned by the GDPR. Trūata offers its customers a service to fully anonymise data and provides analytic services to assist customers with tools, data insights, algorithms and reports that customers can use in their own products and solutions.
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