While staff retention was the primary difficulty for Digital and Technology companies in 2016, this has become secondary to the fastest emerging problem in 2017 – the lack and the cost of accommodation. According to the latest market analysis and salary survey by recruitment group Prosperity, the enduring reality is that the Digital and Tech […]
Company News
Equinix, Inc., the global Interconnection and data centre company, has announced that Bandwidth used in private data exchange between businesses is expected to be six times that of the public internet by 2020. The insights come from the Global Interconnection Index, a new market study published by Equinix. The Index found that Interconnection Bandwidth is outpacing growth of the public […]
The first six months of 2017 have proven to be a dynamic period for Ireland’s merger and acquisition (M&A) market and it is clear that Ireland continues to be an attractive destination for international investment. This is according to the mid-year William Fry Mergers & Acquisitions Review 2017, in association with Mergermarket, which was published […]
Geographic information services company, Esri Ireland, has announced that Ordnance Survey Ireland (OSi) and the Central Statistics Office (CSO) have launched a new website on its ArcGIS Open Data digital mapping platform. The new website, available at http://census2016.geohive.ie/, presents data gathered during Census 2016 in a clear and legible way and aims to make geographical and […]
Newly established business, Co Westmeath-based Needham Coding Ireland Limited, which was formed following a merger between The Needham Group and long-standing Irish distributor, Advanced Coding Solutions (ACS), will be highlighting a wide range of continuous ink jet (CIJ), thermal ink jet (TIJ) and laser coding and marking equipment and associated printer inks and makeup at […]
UK bus company Go-Ahead has been announced as preferred bidder for 10% of Dublin bus routes after winning a tendering competition by the National Transport Authority. The company is expected to begin operating some of the 24 routes by the end of November 2018 and all routes by February 2019.
Dublin Bus also submitted a tender […]
Leading information security provider, Ward Solutions, has announces that it has invested €300,000 to launch a new GDPR consultancy service for Irish businesses. The new service will help organisations around Ireland to achieve and demonstrate compliance with incoming General Data Protection Regulation, due to come into force on 25th May next year. Ward has established a […]
Advertising content agency RADICAL has created a new mobile app for Toyota which is designed to help save lives on Irish roads. The company, which is of part Core Media, was asked by Toyota to help them bring their brand proposition ‘Built for a Better World’ to life. While researching ways in which Toyota could help improve […]
Edina, a leading supplier, installer and maintenance provider for combined heat and power (CHP), gas, and diesel generation solutions, announced today the launch of its newly redesigned website.
The new Edina website (http://www.edina.eu) offers quick and easy access to essential information and features, whilst showcasing Edina’s technical expertise and full EPC/turnkey capabilities as a leading total […]
IT solutions distributor firm DataSolutions has announced the results of a survey, which found that 73% of companies have made changes to their IT security as a direct result of the WannaCry ransomware incident. The research also found that one-fifth of senior IT decision-makers in Ireland would pay a ransom if under attack from cybercriminals.
In […]
Sanner GmbH, a manufacturer of high-quality primary plastic packaging and medical devices, has successfully completed the expansion of its production facility in Bensheim. Fourteen new, state-of-the-art injection-molding machines were installed to improve production processes. With an investment of close to three million euros, Sanner has paved the way for future-oriented manufacturing at its headquarters.
One year […]
A new study from technology specialist Ricoh Ireland has highlighted generational differences in customer service expectations. Older age groups are revealed as being less forgiving of brands, while younger customers expect far more information at the consideration stage, along with deep post-sales interaction to build lasting brand relationships. The survey of 3,600 consumers was conducted […]
Venture capital fund, Suir Valley Ventures, has announced it has invested €750,000 into Wia, one of the leading Internet of Things (‘IoT’) cloud platforms. Wia’s IoT cloud platform enables developers to turn any type of sensing device into a secure, smart and useful application in a matter of minutes, generating considerable time and cost savings […]
Kabbage, a company with some 115,000 customers and $3.5 billion in loans that has built an automated platform for lending money to small businesses and individuals using data points to determine a customer’s credit score, has announced SoftBank Group is investing $250 million in the company. The money will be used to expand into the […]
Technology solutions and services provider Datapac has announced it will create 35 new jobs at its location in Enniscorthy, Co. Wexford. The jobs are being created as part of a €2.1 million investment which is funding significant expansion and enhancement of ICT managed services at Datapac’s Network Operations Centre.
Established in 1982, Datapac provides a comprehensive […]
Berkshire Hathaway Specialty Insurance Company (BHSI), a firm owned by Warren Buffet, has announced it has established a new office in Dublin and appointed Cormac McNamara as Property & Casualty Manager, BHSI Ireland.
“Cormac will build our local team and lead our efforts to bring all of BHSI’s Southern European underwriting capabilities to Ireland,” said Tom […]
UK experiential brand company Clive has opened a new office in Dublin for our its Irish operation. Three full time jobs have immediately been created, with additional roles planned for later this year.
Clive helps brands to ‘Communicate: Live’, engaging audiences through creative live events and digital communication solutions. The company has worked with some of the […]
PayPal and Skype users in 22 countries – including Ireland – can now send money from PayPal directly in their Skype mobile app. With this new app, people in Ireland can send money ‘in the moment’ to friends and family in Ireland and 21 other countries, including the United States and UK.
More than $7 million […]
Kinesis Health Technologies, an Irish health technology start-up, has been declared overall winner of the Tech Day pitching competition held during the 21st International Association of Gerontology and Geriatrics (IAGG) World Congress which has just ended in San Francisco.
At the World Congress, which takes place every four years, over 6,000 experts in the field of ageing gathered together […]
West Cork based Global Shares, a leading global provider of share plan administration software, share-dealing, global custody and financial reporting tools has today announced the creation of a further 80 new jobs due to rapid global expansion, bringing its total global employee base to 228.
The new positions, some of which are supported by the Department of […]
Synexa Life Sciences, a global leader in biomarker services, has announced the opening of its international headquarters in Dublin. The new centre will be home to Synexa’s global business development activities and a new Bioinformatics Lab, and is expected to create up to 30 highly skilled jobs over the next five years.
Welcoming the decision by […]
Bausch + Lomb has announced that Taoiseach Leo Varadkar and Tánaiste Frances Fitzgerald, Minister for Business, Enterprise and Innovation have officially opened a €85 million extension at the company’s Waterford facility to help meet the consumer demand of its contact lens portfolio.
Valeant Pharmaceuticals International, the parent company of Bausch + Lomb, has invested more than €200 million in the […]
Simon Coveney, Minister for Foreign Affairs and Trade, has officially opened a new expansion at BioMarin Pharmaceutical Inc. in Shanbally, Co Cork. BioMarin has recently extended its site footprint to 20 acres as the company continues to experience a rise in the global demand for its therapies to treat rare genetic diseases that mostly affect […]
PayPal has announced the successful completion of a series of financial education workshops for secondary school students in partnership with Junior Achievement Ireland. More than 400 transition year students from six local secondary schools have taken part in the programme during the recent academic year at its Dundalk office.
The workshops are part of PayPal’s Financial Inclusion […]
Aquabio Ltd, one of the UK’s leading water re-use companies, is celebrating 20 years in the industry. The company was originally set up as a private business in 1997 with a strong ethos for innovation and environmental sustainability. This has led to the company developing some of the world’s most advanced systems for the treatment […]
A new online survey from Irish telecoms and broadband provider, Pure Telecom, has revealed that 55% of Irish TV licence holders aged 30 and under are planning to, or considering, ceasing payment of their TV licence due to an increase in consumption of online content and streaming services such as Netflix and Amazon Prime. The […]
IP Telecom, a Dublin based company which offers first class telephony solutions to companies in Ireland and across the world via its own VoIP (Voice Over Internet Protocol) network, has signed a wholesale deal worth €500,000 with GoldStar Telecom, a Cork based company that provides a range of telephony solutions directly in the Munster area […]
Based in the Nexus Innovation Centre in University of Limerick, data capturing firm Smart Factory was set up to help companies identify hidden losses, increase productivity and maximise efficiency. The firm was established by Brendan Sheppard, Cathal Murtagh and Anthony Kelly; all three founding members come from data-centric backgrounds and have years of invaluable experience […]
EngageSmith has announced its EngageSmith Millennial Workplace Survey that tracks Irish millennials’ attitudes to work and career on a quarterly basis. This is the first edition of the new survey and reveals that 62% of Irish millennials view career progression opportunities as the most important factor in the workplace, while 57% see salary as most critical, bucking […]
Dublin Port Company has published its latest trade figures showing half-year growth of 2.9%, putting Dublin Port on track for a third successive record year. Overall, volumes in Dublin Port have grown by 28.8% in just five years.
Growth was driven by exports which were up by 4.4% with imports ahead by 1.9%. The first half […]
Mitsubishi Electric’s interactive robotic installation known as “Threebots” has been awarded with the coveted Silver Lion in Cannes. “Threebots” has already received several awards since its installation at the German branch in Ratingen. In November 2016 Mitsubishi Electric was honored with the “Red Dot: Grand Prix“ award for its outstanding robot application. The “Threebots” (Three […]
Crowe Horwath has partnered with Dublin Chamber to create the ‘Pinnacle Programme’, an initiative targeted at businesses with a turnover of at least €1 million and employing 10 or more staff.
The programme aims to support the leaders and owners of Irish SMEs in building lasting value in their businesses ensuring they achieve their full potential. […]
IDA Ireland has welcomed Bank of America confirmation that it has chosen Dublin as the preferred location for its principal EU legal entities following the UK’s departure from the EU. Bank of America celebrates 50 years of operation next year in Ireland and Dublin is the home of more of its employees than any other […]
The Bord Gáis Energy Index fell 7% in June and is 5% lower than the same period last year. June saw a broad drop in wholesale energy markets as oil, gas and electricity all registered falls – coal was the only exception with a 2% gain. A stronger euro over the month versus both sterling […]
AMI, one of Ireland’s leading secure IT retirement company, has revealed the results of a survey of senior IT decision-makers in Ireland, which found that almost one-third (32%) of organisations that use third-party IT retirement companies may be exposed to huge fines under the impending General Data Protection Regulation (GDPR) legislation. The companies admitted that […]
Hartmut Pütz, President Factory Automation EMEA at Mitsubishi Electric Europe, talks about the digital transformation of industry. He focuses on the effects on manufacturing businesses, especially at a production level, and how customers will benefit from innovative Mitsubishi Electric solutions.
Manufacturing industry is currently undergoing a period of rapid change. In concrete terms this can be […]
Young tech firm Neurovalens has used Invest Northern Ireland support for research and development (R&D) to develop Modius, a weight loss device which combines neuroscience and technology to solve health issues. Neurovalens makes wearable technology which can modify metabolism rates, appetite and fat storage.
Congratulating the company, Invest NI’s Director of Innovation, Research and Development Dr […]
Visa and PayPal have announced an extension of their strategic partnership to Europe. The two companies are already collaborating in the US and Asia Pacific to accelerate the adoption of secure and convenient online, in-app and in-store payments. This latest step brings the benefits of the partnership to European consumers and businesses.
Additionally, PayPal – under […]
Colt Technology Services has announced a strategic partnership with Equinix, Inc. to interconnect theColt IQ Network with Equinix’s cloud ecosystem.
Today, Colt enterprise customers already benefit from connectivity to public and private clouds including Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform through Colt’s Dedicated Cloud Access service, and inter-data centre connectivity through Colt DCNet.
Thanks to […]
A new Irish company HireUp is solving a big problem for companies that are spending huge sums every year on recruitment fees. Hiring talent is a costly business with traditional recruitment agencies charging up to 30% of a first year salary. Experience and proven ability are attributes that are always in demand and especially now […]
Barclays has announced that it plans to use its licensed EU subsidiary to allow it to continue passported activity post-Brexit. Martin Shanahan, CEO of IDA Ireland said: “This announcement by Barclays to extend activities at their Dublin base is a further endorsement of Ireland’s strong offering to the International Financial Services Sector.
“Ireland’s access to the […]
According to new data released by LinkedIn, the UK remains the top destination for professionals leaving Ireland, despite the country’s intention to leave the European Union. The level of movement between both countries did fall, however, with approximately 26% of all talent leaving Ireland opting for the UK between October 2016 and April 2017, compared […]
Shopify Inc., the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses came to Galway two years ago to establish a strong and robust support team in Ireland. Known as “Gurus,” Shopify’s Irish support staff are all remote workers, meaning they can work wherever they want.
Welcoming the announcement, Tánaiste and Minister for Enterprise […]
Unilever has announced a new partnership between its global startup collaboration platform, Unilever Foundry and Dogpatch Labs, Ireland’s leading startup hub. The Unilever Foundry is a platform for startups and innovators to engage, collaborate and explore business ideas with Unilever and its 400+ brands. This partnership will provide a clear path for Irish startups to […]
Irish law firm Matheson has announced the opening of an office in San Francisco. With over 650 staff headquartered in Dublin, this expansion represents the firm’s third US office – and its fifth office globally. The opening is in response to the continually increasing client demand on the West Coast for Irish legal services, and […]
Insurance firm Beazley plc is to establish a European insurance company in Dublin. The company, which is an IDA Ireland client, will increase its European business from its Irish base. In order to expand its access to EU markets, Beazley plc has been granted a European insurance licence for its existing reinsurance company in Dublin. […]
Zendesk has announced that it is looking to hire an additional 300 staff and has agreed a lease to expand into 55 Charlemont Place in 2018, taking over 58,000 sq. ft. of Grade A office space in Dublin for its EMEA HQ following a significant growth of the local team. The announcement is supported by […]
New data released to mark the end of the second quarter of 2017 has shown a sharp increase in jobs protected in examinership cases as businesses in Ireland face increasing uncertainty. The latest Baker Tilly Hughes Blake Examinership Index revealed that 112 jobs were saved through the examinership corporate recovery mechanism in the second quarter […]
The Davy Group has acquired Danske Bank UK’s discretionary portfolio management wealth business for an undisclosed sum.
The deal involves the transfer of the management of more than 1,100 Danske Bank customer investment portfolios, which are currently managed by the bank’s Belfast-based investment centre. The management of these investment portfolios is scheduled to move by the […]
SuperValu has announced the creation of over 40 jobs at a new SuperValu store in Dundalk. Due to open in Autumn this year, the 17,600 squ feet store will be located in a new retail development at the former Fairways Hotel Site in Dundalk.
A further 70 jobs will be supported during the development’s construction phase. […]
One month on from the General Election, the British Chambers of Commerce (BCC) has published a post-election survey of over 2,400 companies, which shows that while businesses have a range of views on their preferred objectives for the UK in Brexit negotiations, there is almost no support to conclude UK-EU talks without a trade deal.
Asked […]
Prepaid Financial Services (PFS) and its sister company eCOMM Merchant Solutions have announced that are launching a major recruitment drive to recruit for 28 jobs in Navan. HR Manager Lorna McCormack says: “We have a range of jobs to fill over the summer and autumn with positions in Software Development, Call Centre and Multilingual vacancies, […]
Kildare-based technology firm vCloud.ie has invested €300k in what it describes as a “cutting edge” cyber security product. The product is the first of its kind currently available globally.
Designed to protect operating systems and online facing services, the product can withstand hundreds of thousands attacks per minute, surpassing other online security systems.
“We expect the frequency […]
Novi, the proactive managed services provider, has announced that it has designed and implemented an all new IT infrastructure for O’Brien Fine Foods in a €450,000 deal. The new infrastructure is designed to enable mobile working for employees as well as increased security, reliability and performance. Novi will monitor and manage the infrastructure.
O’Brien Fine Foods […]
Musgrave has announced its results for the financial year 2016. The Group reported sales of €3.7 billion and profit before tax of €73 million. Net cash was €121 million and shareholder funds were €249 million at year end.
Commenting, Chris Martin, Musgrave Chief Executive said: “2016 saw a strong performance by Musgrave benefitting from investment in […]
Sandwich restaurant Subway has said it will increase the number of its outlets on the island of Ireland by 51 by 2020, bring its total here to 321 and creating 408 new jobs.
Subway said it aims to increase the number of stores in Ireland and the UK to 3,000 by 2020, creating around 5,000 new […]
The latest grocery market share figures from Kantar Worldpanel in Ireland show the highest market growth since January 2017. The latest figures reflect the impact of Easter on consumers and retailers alike, with the holiday falling outside of the comparable time period in 2016.
Price deflation, which has held steady at -0.2%, has been offset by […]
Ward Solutions’ recent survey revealed that one-fifth of Irish businesses have been held to ransom by cybercriminals in the past 12 months. The survey, carried out in association with TechPro Magazine, was taken by 170 senior IT professionals and decision makers in Ireland just prior to the recent WannaCry attacks.
As is clear from the survey […]
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