Industry & Business

Irish Technology Sector Has Overtaken Agriculture

 Breaking News
  • OPW Prepared For No Deal Brexit “If there is a ‘crash-out’, we will be ready. We are working 24/7,” said Maurice Buckley (pictured), Chairman of the Office of Public Works (OPW) and Vice President of Engineers Ireland, about preparations for installing infrastructure at ports and airports in the event of a ‘no deal Brexit’. “Eighteen separate construction projects are now underway [...]...
  • Irish Builders Face Cost Hikes in UK Materials The vast majority of building materials used in the Irish construction sector are either sourced in the UK or enter Ireland through international distributors in Britain and represent a major risk for the industry, according to executives at the recent National Construction Summit in Citywest, Dublin – writes John Whelan (pictured above). And a huge majority of [...]...
  • Marketing Campaign Worth €1.2 Million Unveiled by Guaranteed Irish Guaranteed Irish, the not-for-profit business membership organisation championing 600+ homegrown and international businesses in Ireland, has unveiled a new marketing campaign worth €1.2 million, aimed at showcasing its members’ success. The campaign has been launched to coincide with Guaranteed Irish Month, an annual event running throughout March that shines a spotlight on businesses in Ireland [...]...
  • Jameson Enters the Top 10 Premium Spirits Brands in the World List Jameson Irish whiskey, which is produced by Irish Distillers at Midleton Distillery in Cork, has entered the top 10 of IMPACT magazine’s annual ‘Top 100 Premium Spirits Brands Worldwide’ list for the first time ever, after increasing sales 10% to a record 7.5 million nine-litre cases in 2018. In addition, Jameson scored its 18th consecutive year [...]...
  • Growth in Demand For Waste Handling Equipment Expected Sales of waste handling and processing equipment are conservatively expected to increase by 5% to 10% annually in unit terms over the next decade, and possibly beyond, according to a study being conducted by leading Birdhill and Rathcoole-based plant and equipment distributor, McHale Plant Sales. Conscious of the growing importance of waste management, and of the [...]...

Irish Technology Sector Has Overtaken Agriculture

Irish Technology Sector Has Overtaken Agriculture
March 16
12:58 2018

With 130,000 people now employed, the technology sector has overtaken agriculture as Ireland’s largest industry, according to Ken Finnegan (pictured above), formerly Chief Technology and Research Advisor for IDA Technology Ireland and now Director of Technology & Innovation for the about to be opened Harbour Innovation Campus at Dún Laoghaire. About 15,000 of these tech workers – 7.5% of the total – are directly employed in in-house RD & I.

Because of sustained State support for innovation, including the fostering of a talented and skilled work-pool, Ireland has become an affordable and attractive place for the world’s leading technology and innovation companies to locate. For example, IBM now employs 2,000 software engineers in Ireland and Microsoft, with support from the IDA, recently opened its new 34,000 sq m campus, One Microsoft Place, at Leopardstown in County Dublin following investment of €134 million.

The Harbour Innovation Campus at Dún Laoghaire.

Ken Finnegan was a keynote speaker at the recent 2018 Research & Innovation Conference & Exhibition held at Citywest in Dublin. His presentation – ‘Ireland and Innovation’ – detailed how Ireland is winning in the Innovation space, the infrastructure and support available for companies and examined the impact of technology and trends.

“Innovation is the commercialisation of an idea,” he commented. This process encompasses four main areas: product innovation; services innovation; process innovation (making products faster, better and cheaper); and experience innovation. Of the latter, he explained: “Younger people now want to experience something rather than own it.” An example of this is the major tourism success being achieved by the Wild Atlantic Way, by using clear marketing to promote the experience it offers to visitors.

Ken Finnegan identified a number of key technology trends, such as Artificial Intelligence (AI), Internet of Things (IoT), digital transformation and design thinking, which will impact on businesses of all sizes as non-technology companies increasingly adopt new operating methods and emerging technological innovations become mainstream.

The Harbour Innovation Campus incorporates 75,000 sq ft of beautifully designed co-working space.

“AI will affect every industry,” he pointed out, “and AI skills are now a top requirement for companies.” To help meet this growing demand, Ireland’s first Masters in Artificial Intelligence (AI) course has been introduced. Developed by Skillnets, the national agency working with businesses to address their current and future skills needs, in collaboration with IDA Ireland, the programme will run in the University of Limerick from September 2018.

Another new development to support Irish business is the Harbour Innovation Campus, which Ken Finnegan will head. The newest innovation campus in Ireland, the facility is located in the former ferry foot passenger terminal on St Michael’s pier in Dún Laoghaire. It will offer its 1,000 members the opportunity to collaborate with like minded founders, freelancers, innovators and entrepreneurs in 75,000 sq ft of beautifully designed co-working space with dedicated areas to meet colleagues, clients and customers. The Harbour Innovation Campus will open shortly.

About Author

admin

admin

Related Articles

New Subscriber

Subscribe Here



Advertisements





















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4