Irish consulting services company DNM Analytics has expanded overseas, opening an office in Canada. The move is the company's first in North America, with an investment of $1.8 million.

Chief executive David Quirke said the decision to open the office was due to increased international demand to support global customers.

The company, which is headquartered in Dublin, provides data management and customised business analytics services to public and private institutions in telecommunications, pharmaceutical, financial services, public utilities and manufacturing industries.

DNM now expects to hire 10 employees within a year. That figure will expand to 27 over the next three years, the company said.

It already employs 65 people.

A number of locations were considered for the international office, but Toronto won out partly due to the availability of the right skilled staff, cost base and proximity to major cities such as New York, Chicago, Boston and Washington.

“Toronto was selected over London due to the industrial diversity of Canada and the expanding demand for data analytics and data management,” Mr Quirke said. “We are committed to building a regional business staffed by Canadians, and have been extremely impressed by the depth of skilled resources in Canada.”