The value proposition of talent, track record, technology infrastructure and 12.5% corporate tax rate Ireland offers global corporations continues to resonate strongly with investors. This has empowered Ireland to keep ahead of the curve, cementing its excellent FDI reputation.
Five of the top 10 companies on Forbes’ list of The World’s Most Innovative Companies have Irish operations. This underlines Ireland’s success in attracting cutting-edge FDI investment across a range of sectors. Learn how these sectors have evolved in Ireland and their ambitions for the future.
Internet of Things
Ireland has undertaken a significant programme of investment in communications and technology infrastructure, third-level institution linkages, property developments and transportation networks to drive the growth of industry hot spots throughout Ireland. Existing clusters in Medical Technology, Financial Services, Pharmaceuticals and Internet, amongst others, are already thriving as a result.
Increasing numbers of High Growth companies are locating in Ireland to scale up and internationalise their operations. The exciting commercial and creative mix on offer, together with a business-friendly environment and speed to market are key motivating factors.
The likes of IBM, PayPal and Ericsson have been based in Ireland for many years, and are among the many companies who have continued to invest in Ireland. This highlights how Ireland not only attracts multinationals, but helps them continue to expand their operations and move up the value chain. Find out more about some of the key high-value activities in Ireland.
Global Business Services
Research, Development & Innovation
High Growth Companies
Explore the current business landscape in Ireland and see what's happening on the ground now.
NGINX, Inc., the company based on the popular open source project and offering a suite of technologies designed to develop and deliver modern applications, has raised $43 million in Series C funding led by Goldman Sachs Growth Equity (GS Growth), a platform within Goldman Sachs’ Merchant Banking Division. NGINX has experienced tremendous growth and customer traction, including adoption by more than 30% of the Fortune 50. With this latest round, NGINX will accelerate its mission to help enterprises on their journey to microservices – a modern approach to application development. The Series C brings NGINX’s total funding to $103 million.
Interest in artificial intelligence is at ‘fever pitch’, according to the technology market research company IDC. If measured in money, the heat will reach almost 20 billion this year – that’s the dollar amount IDC forecasts that companies will spend on AI and cognitive computing. But in fact, the temperature around these technologies has been rising for some time.
Global cybersecurity leader Forcepoint today formally opened a new Center of Excellence in Cork, Ireland. The investment, supported by the Irish Government through IDA Ireland, will focus on new product development in the cloud and endpoint cybersecurity technology space.
Data analytics and anonymisation firm Trūata today announced it plans to hire up to 75 personnel – mainly data analysts, data scientists and engineers – in 2018 for its newly opened headquarters in Dublin. The recruitment drive comes three months after the start-up was launched as a trust by its founding beneficiaries, Mastercard and IBM.
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