The latest news, announcements, articles and blog posts from IDA Ireland. Keep informed about Foreign Direct Investment in Ireland.
Genesys® (www.genesys.com), the global leader in omnichannel customer experience and contact centre solutions, today 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.
Bausch Health Companies Inc. (NYSE/TSX: BHC) (“Bausch Health,” the “Company” or “we”) today announced it will invest to expand contact lens manufacturing capacity at its Bausch + Lomb sites in Waterford, Ireland and Rochester, N.Y. The Company is adding multiple production lines at these two sites to support the manufacture of its innovative daily disposable silicone hydrogel (SiHy daily) contact lenses.
Shire held an official site dedication event at its new state of-the-art biologics facility in Dunboyne, Co. Meath today.
Development of the 120-acre site has been underway since November 2017. Approximately 400 people will be employed at the facility when it is at full capacity.
Facebook Expands Investment in Ireland
Facebook is expanding its investment in Ireland by acquiring a long-term lease of 14 acres for a new campus development in the heart of Ballsbridge in Dublin 4; the premises known as the Bankcentre currently occupied by AIB.
ILC Dover, a global leader in flexible containment solutions for the pharmaceutical and biopharmaceutical industry today announced it is expanding its Irish production footprint by opening a location in Blarney, County Cork, Ireland creating up to 70 jobs over two years.
The law firm confirmed earlier this year that it plans to build the Dublin office to ten partners with around 40 people in total over the next three years.
Nord Anglia International School Dublin today proudly celebrates its Official Opening with a ceremony attended by the Rt Hon. Lord David Puttnam of Queensgate Kt CBE (Chairman of the School Advisory Board) and Minister of State for Higher Education Mary Mitchell O’Connor. Representing the culmination of 18 months of planning with local and government officials, as well as construction, planning and staffing for the campus, the event also marks the notable introduction of Ireland’s first international IB through school for students ages 3-18, uniquely positioned to offer the internationally respected IB curriculum to the students of Dublin’s local, international, and globally mobile families. The school, part of the Nord Anglia Education family of schools, opened its doors to students for its inaugural term in September of 2018.
30 new jobs announced, on top of 150 jobs revealed last year, as part of Citrix’s expansion drive in Ireland
Mazars has officially opened its new Galway office and announced that it will create up to 30 new jobs over a three-year period, doubling the headcount of the office.
AXA XL announced that it has obtained authorisation in principle to move XL Insurance Company SE to Ireland from the UK in advance of March 29 2019 when the UK is due to leave the EU.
VoxPro to expand its existing facility in Cork into an adjacent new office, which will result in the creation of 400 new jobs over the next number of years.
An Taoiseach Leo Varadkar TD, Minister for Business, Enterprise and Innovation Heather Humphreys TD and IDA Ireland today welcomed the announcement that MSD is to construct a second manufacturing facility at its existing site in Carlow with the creation of 170 new jobs.
We explored a variety of cities across the EU, and Dublin was the clear choice.he Dublin team will compliment Coinbase operations in London and host a variety of new business-related functions, including roles for which we’re hiring right now.
E-commerce and technology leader Overstock.com, Inc. announces plans to expand its European base in Sligo, Ireland, creating 100 new research and development roles and more than tripling the office’s current headcount.
The new full-time positions will include junior and senior roles in areas such as software development and testing, machine learning, and data analytics.
There are several welcome developments in today’s budget from a foreign investment perspective.
Harmac Medical Products Inc., a leader in the international contract medical device market, today marked its 20th anniversary in Castlerea with a special celebration for staff and guests.
Harmac Medical Products Ltd. was established in Ireland in 1998 to meet the service needs of its international client base. The facility strategically positions Harmac as a world-class medical device manufacturer by providing a direct presence in Europe.
Edwards Lifesciences Corporation, the global leader in patient-focused innovations for structural heart disease and critical care monitoring, today announced National Technology Park, Castletroy, Limerick, as the location of its new permanent facility which is expected to manufacture delivery components for its transcatheter heart valve therapies.
Eurofins BioPharma Product Testing Ireland, Ltd. today opened the new extension to its laboratory facility in Dungarvan, Co Waterford. The company is located in the IDA Business Park, where the new laboratory extension expands the previously 4,300m2 facility by an additional 4,400m2, more than doubling the facility footprint and thereby providing increased capacity that will support the continued enhancement of the services offered to its clients and the ongoing growth of the business.
SOTI to Create 150 New Irish Jobs After Announcing Opening of Galway Office
Growth and expansion across Europe part of long-term strategic plan
Leading medical technology company Stryker celebrates 20 years in Ireland
Company operates seven sites, employing over 3,000 people
Wayfair Celebrates 10-Year Anniversary of European Operation Centre in Galway, Ireland,
Announces Plans to Add 200+ Jobs in Ireland with Launch of New Virtual Workforce
Michael D’Arcy TD, Minister for Financial Services, formally announced the initial speaker line-up and themes for the 4th European Financial Forum.
EquiLend, a leading provider of trading, post-trade, market data and clearing services for the securities finance industry, today announces the opening of its office in Dublin to serve European clients following Brexit.
Microsoft today announced that it is increasing its presence in Ireland through the creation of 200 highly skilled jobs across the company’s business units at its campus at One Microsoft Place. 100 of the roles are on the innovative engineering team which is working to support the development of new and emerging technology solutions, such as AI, for customers across the globe. Once this new wave of recruitment is complete, it will bring the total numbers employed by the company in Ireland to 2,200.
Dublin, Ireland and Union City, CA – Sep 12, 2018 - Minister for Communications, Climate Action and the Environment, Denis Naughten TD visited Smart Wires HQ in Union City, California today where the company CEO Gregg Rotenberg confirmed the opening of Smart Wires’ European Headquarters in Dublin, Ireland. Smart Wires will create 40 jobs in Europe over the next 3 years with 10 of the roles being filled immediately in Engineering and Business Development.
Ireland - A winning proposition for global business services
What makes Ireland great, makes Ireland great for business
Ireland, a winning proposition for research & development.
A winning proposition for global business services
Biotechnology company Regeneron had two reasons to be cheerful after the inaugural Invest in Ireland Awards in October. The company came away with the Grand Prix and also won the ‘Excellence in Regional Investment’ category. The recognition follows five years of expansion in Ireland since the company first announced its presence here in 2013.
The 29th of March next year is a critical date for U.S. biotech companies because business as usual disappears in Europe as a result of Brexit. Long a favored location for manufacturing and selling pharmaceuticals and devices across Europe, the United Kingdom will no longer be part of the EU and so free trade across Europe will change. American firms with UK operations should have already devised a post-Brexit strategy and begun implementing it given the fact that the changeover is just a few months away.
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.
The Invest in Ireland Awards took place last week at a gala ceremony in the Mansion House in Dublin. The inaugural event honoured some of the most prominent names in Ireland’s foreign direct investment sector.
The global investment climate is in flux right now with investors looking to locate in jurisdictions that can offer them stability across the policy and regulatory and talent worlds.
Technical recruiters are living out the famous Charles Dickens line, "It was the best of times, it was the worst of times." The United States is now nine years into the second-longest economic upswing in history and business is booming but at the same time, finding qualified tech workers has become a virtual Mount Everest achievement, leading to poaching wars, relentless job-hopping, unfilled positions and angst in executive suites. This is coupled by a mounting challenge, the H1-B lottery and slow green card processing are all discouraging candidates. A recent survey of over 3,000 technology leaders by KPMG revealed that 65 percent believe hiring challenges are hurting their business, up from 59 percent who thought so in the previous year's survey.
A dairy cow lumbering through a field seems to be the antithesis of high technology but sensors, AI, analytics, connectivity and the other elements of the Internet of Things are beginning to have a significant impact on milk production, which is none too soon. With a world population that will reach 9.7 billion by 2050 -- that's more than two billion additional humans than exist today -- global food production system will be increasingly under siege from forces like urbanization, climate change, less arable land and the ongoing difficulty of finding workers in the United States in this low-paying field.
Ireland is playing India in two T20 cricket internationals in Dublin this week; the first match takes place to-day (27 June) and the second on Friday (29 June), in Malahide.
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.
While the American medtech industry is thriving, it still must deal with challenges that include higher production costs, finding skilled staff and the ongoing issues innate to a highly regulated sector. Then there are global concerns such as competition, funding and the high cost of research. With Europe and the United States being the key markets, many U.S. medtech firms have located some of their operations in Ireland in order to take advantage of an established, flourishing life sciences sector, strong governmental support and easy access to the lucrative European market.
With an expected two billion more mouths to feed on the planet by 2050, it's no surprise that the Agtech industry is looking at new approaches today to achieve this goal, searching for lower-cost technology that will deliver higher yields with less environmental impact. American Agtech companies are under increased pressure as the United States recently slipped from first to fourth place in the rankings of most "food-secure" nations worldwide, according to the Economist Intelligence Unit.
If there’s one word that captures the aims of ambitious high-tech companies, it’s scale. It’s about hitting big numbers – whether that’s customers, ARR or valuation – fast. Scale is embedded into the DNA of founders and the VCs backing them with the financial firepower to reach their ambitious goals.
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.
When Jaguar Land Rover announced 150 jobs in Shannon back in January, the engineering work at this this site turned out not to involve pistons and carburettors but devops and code. The news is a signpost of change happening right across the auto industry. Cars increasingly rely on software and connectivity, and in doing so, they’re fulfilling a forecast from a 2016 Harvard Business Review article: “every business will be a software business”. Last year, Marc Rogers of the security company CloudFlare, went further, telling the New York Times: “These are no longer cars… they are data centres on wheels”.
Gavin Prendergast had already been thinking about going into business for himself with an enterprise that would tap into his love for food. Then the multinationals came calling.
Dublin may be a natural business hub, but the country’s FDI story doesn’t end in the capital. Silicon Docks is synonymous with thriving tech companies, but cities like Galway and Cork attract their share of multinationals too. Galway alone has close to 23,000 people whose jobs come from IDA-supported FDI projects, while Cork has a thriving community of companies in both pharmaceuticals and cybersecurity sectors.
Foreign direct investment doesn’t happen in a bubble. From the moment multinational companies decide to set up operations in Ireland, they will need to interact with local service providers. Their needs may run the gamut from office fit-out, catering and construction, through to professional services such as recruitment, IT, legal and accounting services or public relations.
Just as nature abhors a vacuum, uncertainty provokes similar feelings for business. As this white paper makes clear, a growing nationalist and protectionist mindset around the world is creating a fresh set of challenges for global businesses.
Engineering leaders shared their advice for CTOs, leaders of engineering teams and international operation decision makers at recent IDA Ireland meetup
Building great tech companies starts with hiring great people. That’s easy to say but harder to do. Competition for the best talent is so tight, while pressure to scale fast can also hinder good HR practices. That challenge is exacerbated when the company is expanding globally.
Europe is a vast, lucrative market and having a local tech operation in place to support it makes sense. But there are also solid economic reasons for a company to expand its engineering program to Europe. Europe offers a marketplace of 550 million people and is seen by many US tech companies as the gateway to EMEA region.
It’s an altogether tougher challenge to scale the organisation that develops, sells and supports the product - especially as the business goes international. It was a theme heard again and again during SaaStock 2017 in Dublin.
Our round up from SaaStock 2017 In companies founded by engineers - as many SaaS providers are - sales is sometimes a dirty word. But getting to healthy recurring revenue is the goal to building a sustainable software-as-a-service business, which explains why sales featured prominently on the agenda at the SaaStock conference in Dublin.
Engineers are the lifeblood of any SaaS company, which is why it’s worth building a culture that attracts them.
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