Crowe, Ireland’s leading accountancy practice and advisors to the Irish hotel sector, has launched the 24th edition of Ireland’s most comprehensive annual analysis of the Irish hotel sector. The Crowe Ireland Annual Hotel Survey, compiled from an analysis of Irish hotels’ 2018 accounts, shows that the sector experienced a positive year in 2018 with an eight-consecutive year of […]
Research
Summer may have been late to arrive to Ireland, but new figures from Kantar show that the grocery market has remained buoyant in the face of inclement weather, up by 4.6% for the 12 weeks to 16 June 2019. While overall sales remain robust, hot weather categories which experienced a surge in popularity this time […]
Younger generations have been revealed as the biggest security threat to businesses as one in ten (10%) Millennials admitted that they would knowingly use a work device that was under cyber-attack. Meanwhile, 42% of Gen Z office workers confessed that they have lost a device that was linked to their work email account.
The survey of […]
Kerry Group has officially opened its new €20 million production facility in Tumkur, India. The new, state-of-the-art 40,585 square metre facility, located 120 km from Bangalore, will serve Kerry Taste & Nutrition’s global and regional customers in the South West Asia region, with Kerry Taste and Beverage systems for the fast-growing retail and foodservice markets.
This is Kerry Group’s […]
The Government has launched Ireland’s first National Space Strategy for Enterprise 2019-2025. The national strategy will provide strategic support to Ireland’s expanding space-active industry and research institutes, which work across a range of technological domains and develop technology with both space and non-space applications.
The development of this strategy is extremely timely as the international space sector […]
The latest figures from Kantar show that overall the Irish grocery market grew by 4.2% over the 12 weeks to 19 May 2019, with Dunnes Stores holding off the challenge of Tesco and retaining pole position. Respective growth of 12.6% and 5.9% for Aldi and Lidl means that the retailers’ combined grocery market share stands […]
The Sustainable Energy Authority of Ireland (SEAI) is looking for leaders in energy efficiency and renewable energy to enter this year’s SEAI Energy Awards. Now in their 16th year, the SEAI Energy Awards recognise and reward excellence in sustainable energy. Businesses, public bodies and communities who are using smart energy solutions and practices are encouraged to […]
Supermarket shoppers in Ireland spent €34.6 million on alcohol in the week leading to Easter, a 5.3% increase in sales compared to last year, reveals Nielsen data. The rise in alcohol sales was a significant uplift over last year where sales increased by 3.9%, and the second year that the alcohol category benefited from changes […]
Teagasc secured €6.3 million funding for research from the European Commission’s Horizon 2020 programme in 2018. In comparison with all other research organisations and universities across Europe, Teagasc was joint 5th in terms of number of successful projects and 6th overall in terms of money awarded in the agri-food stream of European funding.
Horizon 2020 is the European […]
Sales in the Irish grocery market hit record levels as shoppers splashed out €208.2 million in the Easter week alone helping the overall sector grow by 4.1% in the 12 weeks to 21 April 2019, according to the latest figures from Kantar. Meanwhile, SuperValu’s return to growth means all the major retailers are once again […]
Crop producer Beotanics is investing €1 million in a new research and development centre at its offices in Stoneyford, County Kilkenny. The firm has a focus on niche crops such as sweet potato, yacon and wasabi.
Pat and Noirín FitzGerald set up parent company FitzGerald Nurseries in 1990 to supply ornamental shrubs, and then established Beotanics Plant Lab to research and […]
The average ‘sold price’ for houses across Dublin this year is almost identical to last year, indicating that growth in the housing market has slowed down, according to new research by Perfect Property, Ireland’s innovative property search engine. An analysis of the Property Price Register by Perfect Property shows that the average sold price of […]
Irish commercial property investment reached more than €609 million in Q1 2019 marking a strong start to the year, according to BNP Paribas Real Estate. Continued strong interest from overseas investors is evident with large office and residential developments in most demand.
Retail emerged as the second best performing sector in Q1 with €186 million invested […]
Latest research from JLL, which tracks national investment deals greater than €1 million, indicates that total volumes for Ireland’s investment market totalled close to €600 million for Q1 2019 across 31 deals. Although this is a decrease on volumes compared to previous quarters, this was expected given the strong performance in the market last year […]
Nearly 45% of employees say that their CEO isn’t visible to staff and discourages them from dropping into their office, according to a new report published by Dublin-based communications agency PR360. Almost 30% of CEOs rarely or never socialise with staff, and a third of employees say that their CEO doesn’t even know their name.
The PR360 […]
FINTECHNEXT – a financial technology (fintech) research collaboration between technology company Fexco, University College Cork (UCC) and Science Foundation Ireland (SFI) – has been launched in Killorglin, County Kerry. The €3 million investment in the project will be provided by Science Foundation Ireland and Fexco in equal parts with critical knowledge and expertise provided by researchers at […]
The latest grocery market share figures, published by Kantar, show that the Irish grocery market grew by 3.2% in the 12 weeks to 24 March 2019. Despite Easter falling three weeks later than last year, and the absence of the extreme weather which provided an unexpected boost for some retailers in 2018, strong overall performance […]
The Government has launched the National IP Protocol 2019. The Protocol, which is in its third edition, is produced and managed by Knowledge Transfer Ireland on behalf of the Department of Business, Enterprise & Innovation. It provides a practical, best practice framework for businesses, from start-ups and SMEs to large multi-nationals and entrepreneurs to access and […]
Irish business leaders rank lowest in Europe when it comes to realising the benefits of environmentally-friendly approaches with only 45% seeing EU and global environmental regulations, including the Paris Agreement, as an enabler of success. The findings were revealed in new research, commissioned by Ricoh Europe, involving 2,550 business leaders from across 24 countries. A […]
Guaranteed Irish, the not-for-profit business membership organisation championing 550+ homegrown and international businesses in Ireland, expects employment among its members to increase by 4,151 in 2019, with 53% of members reporting that they expect to hire new staff by the end of the year. This continued growth comes as total employment at all Guaranteed Irish member […]
Lero, the Irish Software Research Centre, which is backed by Science Foundation Ireland, has been selected to participate in a €15 million European Commission cybersecurity research project. Lero researchers Dr Liliana Pasquale (pictured above) of UCD and Professor Bashar Nuseibeh of University of Limerick will head the Irish team for the CyberSec4Europe 42-month project which […]
The Government has announced details of a €4.3 million investment in the Irish Research Council’s Enterprise Partnership Scheme. The Irish Research Council’s Enterprise Partnership Scheme supports collaborations between researchers and partner organisations. Over the coming months, a total of 53 researchers will take up positions at higher education institutions in collaboration with 48 partner organisations.
The awards are two […]
IQVIA, a leading global provider of information, innovative technology solutions and contract research services, has announced the creation of 100 jobs in Dublin. The new roles at IQVIA’s Dublin East Point Campus will consist of highly skilled, full-time jobs in the areas of Clinical Project Management, Data Management, Drug Safety and Biostatistics.
In particular, IQVIA is recruiting Pharmacovigilance […]
Dublin industrial take up for 2018 totalled 3.3 million sq ft which is a 31% increase on last year. Whilst activity was dominated by smaller deals, take-up totals were boosted by a number of larger-sized deals.
There were 14 deals greater than 50,000 sq ft in the last 12 months. The top 5 deals this […]
The Robot Exchange, specialists in Robotic Process Automation (RPA) solutions (facilitating the automation of repetitive tasks), is investing in a research and development project that will deliver innovation in the areas of machine learning and artificial intelligence.
The company, founded just over a year ago, is headquartered in Nottingham but is setting up a research and […]
PM Summit, Ireland’s premier conference for project and programme managers, has announced the findings of a new study which reveals that 42% of project managers believe that they have less control of projects when their project team is working remotely. Only 10% of project management professionals believe that remote working gives them more control of […]
€4.5 million in funding has been awarded to 38 research projects to support the commercialisation of government-funded research. 47 research positions will be supported through the awards, in areas such as cancer research, preterm infant care, medical devices, agriculture, energy and food technologies, for a duration of 12 months.
The funding is provided through Science Foundation Ireland’s […]
Logicalis Ireland, the IT solutions and managed services provider, has announced the results of a survey which shows that malicious insiders are the fastest-growing threat to businesses, according to CIOs. The research was conducted in October and involved 840 IT leaders from Ireland and across the globe.
Thirty-nine per cent of CIOs said that malicious insiders are a […]
Mintel, the world’s leading market intelligence agency, now has access to the most advanced patent analysis available in the food & drink and beauty & personal care industries, through its new partnership with Cipher.
As the world’s most sophisticated patent analysis system, Cipher harnesses artificial intelligence (AI) to analyse patents globally. The partnership will provide Mintel’s […]
Equinix, the global interconnection and data centre company, has announced the results of an independent study that found that Irish IT decision-makers fear the impact of rising data volumes and the ability to manage them. The survey of 100 Irish IT-decision makers found that Ireland’s IT leaders believe IoT will put significant pressure on data infrastructure over the […]
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 […]
€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 […]
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