Ireland is fast becoming the Internet capital of Europe. It is a dynamic, exciting area, attracting both established and new players from the world of Search, Social, Games, E-Commerce, Online Payments and Marketing.
While the growth in the Irish Internet sector has been phenomenal over the past number of years, it is far from an overnight sensation. Microsoft and Intel have been operating in Ireland for 25 years, while Google celebrated its 10th anniversary here in 2013. These have been joined by the likes of Facebook, Twitter and many other emerging players.
While Ireland has a world-renowned multinational sector, indigenous start-ups are blazing trails in areas such as Enterprise, SaaS, Social Media, E-Commerce, Mobile, Education, Financial, Health, Music and Game technology.
Due to the strong multinational presence in Ireland there is a wealth of experience, both indigenous and imported, in highly specialised, high-value sectors and international market management.
Every major Venture Capital firm now has a portfolio of companies in Dublin. Thus start-ups and established firms are increasingly attracted to Ireland for the deep pool of talent, which is one of the rarest and hardest resources to find.
A conveyor belt of skilled science and technology graduates fuels Ireland’s thriving Internet sector. In turn, the innovation and creativity developed within the sector has seen Ireland become an internationally recognised hot bed for tech talent. Thus Ireland is now a highly desirable location for skilled multilingual talent from around the globe.
Explore the current business landscape in Ireland and see what's happening on the ground now.
The impending exit of the UK from the European Union has set off deep ripples that are being felt in many directions. With less than 6 months to go until Brexit; it’s looking like it could mean potential disruption for US Tech companies doing business in the EU in 2019. Despite the current Brexit anxiety and changing political situation, US firms still need to craft a game plan for whatever the relationship between the EU and UK will look like in 2019 and beyond. With that in mind, here are some key issues to consider for U.S. companies that are worried about their European business in 2019.
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.
Amazon announced that it is creating more than 1,000 permanent new jobs in Ireland over the next two years. In addition to central Dublin, where Amazon opened a new 170,000 square foot building today, these highly skilled roles will be based in Amazon locations in North County Dublin, Blanchardstown, and Tallaght. Creating 1,000 new jobs doubles the growth target committed to by Amazon in 2016, when the company pledged to hire 500 people in two years – and did so nine months ahead of schedule.
IDA Ireland, the inward investment agency of the Irish Government has today reported a very strong first half of 2018.
Shutterstock, Inc. (NYSE: SSTK), a leading global technology company offering high-quality assets, tools and services through its creative platform, today announced the launch of its Dublin office with the intent to initially hire 40 professionals including engineering roles, and to potentially grow the team further over the coming years. This project is supported by the Irish Government through IDA Ireland.
Eventbrite, the world's leading ticketing and event technology platform, has officially opened its new 11,500 square feet office in an historical bank building at South Mall 97 in Cork today. The opening ceremony was attended by local and national dignitaries including Tánaiste Simon Coveney, Lord Mayor of Cork Tony Fitzgerald, and the IDA’s Executive Director Mary Buckley. Previous tenants of the classical setpiece with clear view of Cork City Hall include the Provincial Bank of Ireland and The Irish Examiner.
Entry into EMEA Market Demonstrates Growing Demand for Segment’s Customer Data Infrastructure; Company to Establish 100 Jobs in the Next 3 Years
When Keeper Security set up its first European operations in late December, it chose Cork as its location – but its decision wasn’t out of the ordinary. The password management company joined a growing roster of cybersecurity companies operating in the greater Cork area, including AlienVault, Cylance, eSentire, FireEye, Malwarebytes, McAfee, Sophos, Trend Micro and Trustev/TransUnion. You could say that Ireland’s second city is a hidden gem for cybersecurity.
New Relic, Inc. (NYSE: NEWR), provider of real-time insights for software-driven businesses, today announced the opening of its new European Headquarters in Dublin. The company opened its first European headquarters in Dublin in 2014 and has since grown its team to about 100 employees. Its new space at 31-36 Golden Lane is expected to provide the local Ireland team the space to grow up to 300 team members as well as provide state of the art facilities for hosting customers, meetups, and connecting with the local community.
Comtrade Digital Services, the leading provider of software engineering services and solutions, today announces that it has opened its new global headquarters in Sandyford, Dublin.
19,851 Jobs Created in FDI companies – third consecutive year of strong growth under current strategy
Pluralsight, the enterprise technology learning company, today announced plans to open a new EMEA headquarters in Dublin in early 2018. The Dublin office will house the company’s strategic business operations for the region and support its growing customer base in Ireland and throughout Europe, Middle East and Africa.
An Tanaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald T.D., and YapStone, a leading global payments company founded in Silicon Valley, today announced it will invest $48 million (€41 million) in the creation of 200 new tech jobs, at its International Headquarters in Drogheda, Co. Louth, Ireland.
Leading online automotive marketplace, CarGurus, expands its presence in Dublin, as it ramps up its European operation
26,000 sq ft of office space to be added to Citrix’s existing offices in Dublin’s East Point Business Park
An Taoiseach Leo Varadkar and Tánaiste Frances Fitzgerald officially opened LinkedIn’s new
17,650 sq m Europe, Middle East and Africa (EMEA) HQ at Wilton Place in Dublin today. The new building is the first that LinkedIn has built outside the USA, and is the result of an €85 million investment. The development was undertaken in order to meet the needs of LinkedIn’s growing workforce in Ireland, which has increased from three employees to 1,200 in just seven years.
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