First announced in November, BT Sourced is expected to manage "and influence" a budget of around €14.8bn (£13 billion), drawing on the city's tech-focused talent pool as it builds its presence in the Republic of Ireland.
The roles will be based at BT Sourced’s Grand Canal Plaza HQ, and encompass a number of procurement management disciplines including IT, networks, connectivity and services plus procurement analytics and transformation.
Cyril Pourrat, chief procurement officer for BT Group, said: “Dublin is a vibrant city with a truly global outlook, and we’re excited to be building our innovative new procurement company at its very heart, taking advantage of the fantastic talent pool Ireland has to offer in the global sourcing arena. We’re looking for diverse, entrepreneurial and talented professionals to join our organisation and help build something from the start.
“BT Sourced will play a major role in BT’s transformation, drawing on the best technology and people to speed up and simplify the way we manage BT’s third party spend worldwide.”
Ignoring the Brexit link, BT said the newco was established to "challenge the traditional ways of buying goods and services by simplifying processes and introducing new technology and partnership-based approaches to the way BT works with suppliers and start-ups".
BT said it "already has a significant presence in Ireland" and that the Dublin business would allow it to easily do business with the global supplier base, drawing on technical innovations including AI-powered digital technology, combined with new, partnership-led approaches to simplify and speed up BT’s global sourcing.
Martin Shanahan, CEO of IDA Ireland said: “BT’s decision to establish its new procurement company BT Sourced in Dublin is a strong endorsement of the deep pool of tech talent in Ireland. This new company will play a strategically important global function for the BT Group. Ireland offers a safe and stable investment location with access to the EU market, an educated and skilled workforce and an attractive environment where people want to live and work. This investment by BT Sourced is very welcome and IDA Ireland offers its ongoing partnership to the team as it builds this key function from Dublin.”
Capacity will have more on Brexit – and the role of Dublin – in the next issue
