The Irish grocery market grew by an impressive 3.0% over the 12 weeks to 30 December, ensuring a record festive period for retailers. The latest Kantar Worldpanel data shows value sales reached €995 million in the month of December – the highest monthly total ever recorded in the Irish grocery market. This was driven by […]
Research
€3.6 billion of Irish property traded during the year 2018 across nearly 200 deals. This level is significantly higher than 2017, when €2.2 billion traded. This is a 58% increase year-on-year. Total volumes were boosted by a significant increase in larger-sized transactions, with 21 deals greater than €50 million, of which 11 were greater than […]
Irish genetics company IdentiGEN has welcomed a €1.8 million research and development award to further strengthen its position as a world leader in DNA technologies within the food industry. IdentiGEN, which is based in Dublin and provides DNA traceability solutions for the meat and seafood sectors, will use the investment to advance food quality and […]
Dunnes Stores has claimed pole position as Ireland’s leading retailer for the third consecutive period, boasting a market share of 22.4% in the 12 weeks to 2 December 2018. The latest grocery market figures from Kantar Worldpanel show the retailer registered sales growth of 3.4% on last year.
Dunnes held on to top spot despite stiff competition from […]
A new competition to address health complications that arise as a result of diabetes has been announced by Enterprise Ireland and the HSE through the Small Business Innovation Research (SBIR) initiative. The health and wellness challenges aim to harness innovation and technology to help diabetes patients avoid the development of typical complications associated with the […]
Ireland’s climate means that the country is good at growing grass. It is well known that producing beef from grass results in lower costs than feeding animals on concentrates. But what about the consumer? Is grass-fed beef better than other types of beef for consumers?
This was the focus of a Department of Agriculture, Food and […]
The NovaUCD 2018 Innovation Award has been presented to University College Dublin’s (UCD) Professor Stephen Pennington (pictured), a global leader in proteomics (the study of proteins) research and innovation. The Award was presented to him in recognition of his commitment and success in protein biomarker research, undertaken during the last 15-years at the UCD School […]
Logicalis Ireland, the IT solutions and managed services provider, has announced the results of a survey which shows that 94% of CIOs spend between 10% and 50% of their time on innovation and other related activities. The research, conducted in October and involving 840 IT leaders from Ireland and across the globe, reveals that there has […]
Accela, the leading provider of cloud-based productivity solutions for government, has announced the opening of its Dublin office and plans to double the company’s current Ireland workforce. With support by the Irish Government through IDA Ireland, Accela plans to onboard nearly 30 staff to grow its world-class research and development team focused on modernizing government […]
Innovative advances in technology, coupled with seamless in-store shopping experiences, are among the IGD’s top predictions for 2019’s global retail trends:
Data, and particularly customer data, will offer more personalised shopping
Sustainability concerns will change the way retailers do business
Stores will offer more seamless shopping experiences
Healthy eating and wellness will grow in popularity
Shopping opportunities will increasingly be […]
Naiad, an emerging life sciences venture, has won University College Dublin’s (UCD) 2018 Start-Up of the Year Award. Naiad won the Award, and a €32,000 prize fund, after being declared overall winner of the 2018 UCD VentureLaunch Accelerator Programme.
Naiad is developing a novel liquid-based 3D bioprinting technology that helps researchers fabricate highly-reproducible 3D tissue models […]
Manufacturing excellence, teamwork and professionalism are set to be celebrated and acknowledged at the upcoming IMR Manufacturing and Supply Chain Awards 2019. The event, which was officially launched in Dublin recently, will showcase exceptional achievement, teamwork and innovation in Irish manufacturing industry. Irish Manufacturing Research (IMR) is an independent not-for-profit Research Organisation, funded under the Enterprise […]
As Brexit continues to dominate the headlines, debate rages on about the implications of a hard border in Ireland. The latest grocery market share figures from Kantar Worldpanel show the value of cross-border trade is at its highest level for five years. Over the 12 months to 4 November 2018, shoppers from the Republic of […]
Genesys®, the global leader in omnichannel customer experience and contact centre solutions, has announced it is creating 200 new technology jobs in Ireland over the next three years. The senior and highly skilled technical roles are based at the company’s new Galway office. The state-of-the-art facility serves as a Genesys research and development (R&D) hub […]
More citizens are involved in science through public engagement. Natural scientists and social scientists have formed collaborations. Users are leading innovation. Open access trends are changing the publishing system. Gender equality has gained political momentum. Together, these efforts form a European-wide approach called Responsible Research and Innovation (RRI). It implies that all of society (researchers, […]
Bord Bia has released the findings of its 2018 Irish Foodservice Market Insights Report which shows that Ireland’s foodservice market is set to grow by 6.1% this year to reach a value of €8.2 billion. The report tracks trends in consumer behaviour when eating out of home and also highlights some of the challenges the industry faces […]
Dr Elaine Sullivan (pictured), co-founder and CEO of Carrick Therapeutics, is the winner of the 2018 EY Emerging Entrepreneur of the Year TM (EOY) Award. Carrick Therapeutics was established in 2016 with the aim of building Europe’s leading oncology company. It brings together world-class cancer researchers and drug development experts, backed by some of the most eminent scientific […]
Efectis is establishing a new business in Northern Ireland, offering fire testing services to UK and Ireland based manufacturing businesses who are servicing the construction sector. Seven new roles will be created as part of Efectis’ investment, which is locating at Ulster University’s Fire Safety Engineering Research and Technology Centre in Jordanstown.
Welcoming the investment, Invest Northern Ireland’s […]
Precision Medicine and diagnostics commercialisation service provider, Diaceutics, is investing £2 million in R&D to create a new data platform leveraging data from global clinical laboratories, which will improve the way patients are tested in advance of treatment. Invest Northern Ireland has offered the company over £480,000 towards its project which is expected to leverage […]
Irish business leaders are struggling to cope with the demands of the three groups they need to serve in order to thrive: employees, customers and the wider society. The majority of Irish organizations (60 percent) currently prioritize the needs of their customers over those of employees (51 percent) and society as a whole (28 percent), […]
Dunnes Stores has claimed the top spot in the Irish grocery market for the first time since February this year, according to the latest grocery market share figures from Kantar Worldpanel for the 12 weeks ending 7 October 2018. Dunnes posted strong sales growth of 3.4% over the latest period, propelling the retailer to an overall […]
Ireland’s nation brand continues to be one of the fastest-growing in the world, rising 26% in value year on year to US$538 billion, according to the latest Brand Finance Nation Brands report. Jumping six places in the ranking, Ireland has broken into the top 30, growing faster than the USA, China or the UK. This […]
Teaching, research and student accommodation at Trinity College Dublin will be transformed over the next two years with the backing of a €100 million long-term European Investment Bank (EIB) loan for four capital developments across the campus.
This will include the flagship E3-Engineering, Environment and Emerging Technologies initiative at Trinity. Central to the vision of E3 […]
The Managing Director of the Industry Research and Development Group (IRDG) says increased investment in research and innovation by both the business sector and the State is critical in order for Irish businesses to survive the hard hitting impact of Brexit. Denis Hayes says despite budget 2019 proposals State expenditure on research and innovation will […]
The latest figures on Government investment in research and development (R&D), published by the Department of Business, Enterprise and Innovation, show that over €750 million is estimated to have been invested in R&D in 2018. The data in The Research and Development Budget 2017-2018 publication is compiled from a comprehensive survey of thirty Government Departments […]
Approximately €700,000 is to be awarded to companies under Enterprise Ireland’s Small Business Innovation Research (SBIR) initiative which will enable them explore innovative solutions to address challenges faced by Local Authorities. 21 companies have been awarded Phase One funding to progress the feasibility of their solutions. Phase One funding will allow each recipient to carry […]
Schrader Electronics is investing over £14 million in Northern Ireland towards researching and developing products that address the increasingly complex engineering requirements of the automotive sector. Part of Sensata Group, Schrader specialises in manufacturing direct tyre pressure monitoring systems, a critical safety mechanism to warn motorists when a tyre is significantly underinflated.
Invest Northern Ireland has offered […]
Strong growth is likely to persist in the Irish economy through 2018 and 2019. This is indicated by rising private consumption, increases in taxation receipts and continued declines in unemployment rates. The ESRI’s latest Quarterly Economic Commentary states that GDP is expected to grow by 8.9 per cent in 2018, followed by 4.5 per cent growth in […]
New research commissioned by specialist regeneration and property developer U+I shows that Dublin’s housing crisis is seriously hampering business’ efforts to recruit and retain talent in the city. The Housing availability, recruitment and retention in Dublin research, conducted by market research company Behaviour & Attitudes*, surveyed over 100 senior hiring managers representing large national and international employers […]
STATSports is planning to create 237 new jobs over the next three years as part of aggressive growth plans to build on its global success. As well as job creation, the Newry-headquartered business is making a multi-million pound investment in R&D and staff training supported by Invest Northern Ireland.
STATSports is the world-leading provider of wearable […]
The Government has announced €8 million in funding to support 45 innovative energy projects in companies and research institutions across Ireland. The Sustainable Energy Authority of Ireland (SEAI) is responsible for awarding the funding to the 45 projects which aim to develop solutions that will help our homes, businesses and communities deliver a cleaner energy future. […]
Despite an intensely competitive retail environment – with just 1.5 percentage points separating the market share of the three largest retailers – all the major Irish supermarkets have grown sales for the sixth period in a row. This is according to the latest grocery market share figures from Kantar Worldpanel, for the 12 weeks ending […]
After almost a decade of inactivity and as the cost of providing new accommodation now is more aligned with its earnings potential, a strong pipeline of new hotel accommodation stock is expected to improve tourism capacity pressures in Dublin by 2020. However, this activity is still being outpaced by growing demand and an expected shortfall […]
There were 1,477 less pubs in Ireland last year than in 2005, representing a 17.1% drop in businesses across the country, according to the Drinks Industry Group of Ireland (DIGI). In 2017, there were 7,140 pubs nationwide – a decline from 8,617 in 2005. The figures are based on an analysis of the liquor licence figures […]
The first sod has been turned on the site of the new extension to GMIT’s Innovation Hub (iHub) at the GMIT Galway campus. The extension will double the size of the Innovation Hub to about 2,400 sq m, providing space for an additional three dedicated MedTech R&D units; 17 incubation units for start-ups in the […]
The latest Quarterly House Price Index report from Ulster University reveals a relatively healthy housing market with strong but sustainable levels of house price growth over the last 12 months in Northern Ireland. Ulster University’s research is produced in partnership with the Northern Ireland Housing Executive and Progressive Building Society.
Analysing the performance of the Northern […]
The Central Bank of Ireland has published a Research Technical Paper. The paper, “Economic Migration and Business Cycles in a Small Open Economy with Matching Frictions”, by Matija Lozej, investigates how the domestic labour market of a small open economy is affected by migration and the implications this has on the business cycle of a […]
Belfast-based agri technology company Devenish Nutrition has secured €118 million in long-term funding to enable its research, development and growth plans. This major refinancing deal is made possible by a pioneering investment of €40 million from the European Investment Bank (EIB). The EIB investment has been combined with commitments from Devenish’s new commercial finance partners, […]
Belfast-based Kraydel has developed a revolutionary smart device which could change the way we care for older people in their homes. The device is designed specifically for people who may not be familiar or comfortable with technology. The smart device sits on top of the TV as a connected device, linking the older person to their […]
Researchers from Athlone Institute of Technology have launched the second phase of a multi-million-euro cybersecurity research project called PROTECTIVE aimed at combatting the growth of cybercrime through special detection and monitoring systems. PROTECTIVE, an EU-funded H2020 project, is a €4.16 million cybersecurity safety net designed in partnership with several commercial and academic partners, including the […]
The Crowe Ireland Hotel Survey, compiled from an analysis of Irish hotels’ 2017 accounts, shows a seventh consecutive year of growth in turnover with record profit levels, room occupancy levels and average room rates recorded across all regions.
Hotel room rates have increased in all regions, up 6.9% on average rates achieved in 2017 when compared […]
The Central Bank of Ireland has published its third Quarterly Bulletin of 2018. The Bulletin examines recent trends in the domestic economy and provides the Central Bank’s forecasts for the Irish economy and its views on domestic macro-economic policy issues.The Bulletin reports:
Domestic demand to provide the main stimulus to growth, with underlying domestic demand expected […]
The latest Irish grocery market share figures from Kantar Worldpanel, for the 12 weeks ending 15 July 2018, show sales soaring by 3.1% in the midst of the recent summer heatwave. Two of the big winners have been bottled water and lager, which have seen take home sales growth of 27.3% and 11.6% respectively, buoyed […]
More than one in four Irish businesses (27%) have experienced unscheduled energy failures, with 23% of these reporting that they cost the business upwards of €10,000. This is according to new research conducted by RED C on behalf of Bord Gáis Energy to mark the launch of Centrica Business Solutions in Ireland. Centrica Business Solutions […]
The majority (60%) of senior IT decision makers consider human error to be the greatest cyber threat facing Irish businesses, according to the results of new research commissioned by specialist IT solutions distributor, DataSolutions. The July survey* of 111 Irish IT decision-makers also revealed that 93% of respondents claim that their organisations now have a […]
The number of mergers and acquisition deals among the top 50 consumer goods giants reached a 15-year high in 2017 – a 45% increase from the previous year. This is according to OC&C Strategy Consultants’ annual Global 50 report which, in collaboration with the Grocer, examines the financial performance of the world’s largest consumer goods […]
BD, a leading global medical technology company, is to create 85 new jobs for the Limerick region. The announcement was made as Minister for Trade, Employment, Business, EU Digital Single Market and Data Protection Pat Breen TD, officially opened BD’s Research Centre Ireland (RCI) in Limerick’s National Technology Park. The €21 million investment in BD’s […]
Neueda Technologies, a privately-owned IT Training, development and consulting services company headquartered in Belfast, is establishing a Software Engineering Hub in Athlone, Co. Westmeath, employing 200 staff over four years. The project is supported by the Irish Government through IDA Ireland.
The company will undertake software development services for global telecommunications and financial services clients at […]
Digitalisation of Irish SMEs and National Research Investment to Benefit From European Best-practice
Crucial future investment to improve Ireland’s competitiveness will be strengthened by assessment of international best-practice in two key policy areas. EIB (European Investment Bank) advisory experts will identify ways to ensure more effective funding to support research and innovation in Ireland and to accelerate digitalisation by Irish small businesses.
The two new advisory programmes have been […]
The latest grocery market share figures from Kantar Worldpanel, for the 12 weeks ending 17 June 2018, reveal that the soaring temperatures have increased sales of summer grocery favourites by 9% – ahead of the overall market at 2.1%. This surge in summer essentials, such as sun care products and ice cream, has boosted the Irish […]
Minister for Business, Enterprise and Innovation, Heather Humphreys, TD has welcomed Ireland’s strong innovation performance reported in the European Commission’s European Innovation Scoreboard 2018. The annual Innovation Scoreboard provides a comparative assessment of the research and innovation performance of the EU Member States and the relative strengths and weaknesses of their research and innovation systems.
Minister Heather […]
Ireland’s first Centre of Excellence for Diversity and Inclusion has been launched at Dublin City University. The DCU Centre of Excellence for Diversity and Inclusion will focus on diversity and inclusion research and practice in Ireland for industry, higher education and Government.
The first of its kind in Ireland, the Centre will help organisations to build cultures of inclusion […]
In the year to April, residential property prices at national level increased by 13.0%, according to the latest CSO figures. This compares with an increase of 12.6% in the year to March and an increase of 9.5% in the twelve months to April 2017.
In Dublin, residential property prices increased by 12.5% in the year to […]
An Taoiseach Leo Varadkar, TD (pictured above left), has officially opened AllinAll Ingredient’s new state-of-the-art manufacturing and Research and Development facility in Rosemount, Dublin. The company, which has been in the food industry for over 20 years, develops and manufactures ingredients, sauces and blends for the processed food market. Its R&D lead team have developed […]
Between now and 2030 worldwide demand growth for milk and milk products will be three times the level of current US milk production. This was one of the main findings of the latest publication, from the IFCN – the Dairy Research Network – discussed at the 19th IFCN Dairy Conference, held at Teagasc, Moorepark, Cork.
Today, […]
According to the latest CSO figures, the volume of output in building and construction increased by 7.4% in the first quarter of 2018 when compared with the preceding period. This reflects increases of 5.6%, 5.5% and 1.1% respectively in the volume of residential building work, non-residential building work and civil engineering work. The change in the […]
For the next long-term EU budget 2021-2027, the European Commission is proposing €100 billion for research and innovation. A new programme – Horizon Europe – will build on the achievements and success of the previous research and innovation programme (Horizon 2020) and keep the EU at the forefront of global research and innovation.
Commission Vice-President Jyrki Katainen, […]
Huawei, the global technology leader, has unveiled its New Renaissance Hotspots report which reveals how the Ireland is witnessing a new age of technological and creative innovation with Cork, Dublin and Galway ranking highest in terms of new ways of sharing, creating and innovating respectively.
The New Renaissance Hotspots Report, commissioned by Huawei and authored independently by the Institute of Arts and Ideas and Kjaer Global, explores how […]
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