The latest news, announcements, articles and blog posts from IDA Ireland. Keep informed about Foreign Direct Investment in Ireland.
Nitro, a global company specialising in document productivity solutions, today announced the opening of a new EMEA headquarters in Dublin. Centrally located along the banks of the Grand Canal in Dublin 2, the larger office space spans over two floors at Charlemont Place and sets Nitro up for its next stage of growth in the region.
Security Risk Advisors (SRA), the Pennsylvania-based cyber security consulting company, today announced that it is establishing a European Headquarters and Security Operations Centre (SOC) in Kilkenny. 52 jobs will be created over the next five years.
The project is supported by the Irish Government through IDA Ireland.
Initial hires will focus on support for SRA’s cyber SOC services. This is SRA’s first international office outside of the United States, enabling the company to provide a 24-hour per day, 365 days per year service to monitor clients’ systems for attacks. In addition, their new European HQ will allow SRA to better serve their current European customers as well as target new customers.
ClickDimensions, the leading marketing technology and services provider for Microsoft Dynamics 365, today announced the official opening of its new European Customer Operations Centre of Excellence in Cork, Ireland. ClickDimensions CEO Mike Dickerson and other company executives will be joined by guest of honour Minister of State David Stanton TD, IDA Ireland executives, and members of the local government and business community to celebrate the opening at a ceremony in the new office on 10 South Mall today.
ClickDimensions is supported by the Irish Government through IDA Ireland. The company currently employs 22 people in its Cork office and plans to grow its local headcount over the next two years to 50. Employees in the Cork office will focus on providing digital marketing services, technical support, applications engineering and customer success to support ClickDimensions’ growing European customer base.
DMS Governance (DMS), a global governance, risk and compliance (GRC) company is to substantially increase its Ireland-based workforce by creating an additional 50 roles in Cashel, Tipperary.
Minister for Business Enterprise and Innovation, Heather Humphreys TD today joined DMS at the official opening of its new location in Cashel. DMS also announced the creation of an additional 50 new roles in Cashel following the acquisition of Aviation Corporate Services (“AvCS”) in June 2018 and this is in addition to its previous announcement of 50 newly-created jobs at the time of acquisition. The project is supported by the Irish government through IDA Ireland.
Friday, September 13th, Dublin – Hermes Investment Management (Hermes) today celebrates the opening of its new office in Dublin, with the creation of 11 new financial services roles.
September 13th 2019, Waterford - Emerald Contact Centre, the customer care and sales support provider for a range of global financial, health and travel publications, today announced 200 additional jobs to be filled over three years.
Extreme Networks, a software-driven networking company, announced today that it will invest 3 million Euro to expand its R&D programme in Shannon, Ireland. The investment will create 20 new jobs in engineering, data science, and software engineering over the next two years, with the Irish government providing additional funding in the form of a research, development, and innovation grant worth over 500,000 Euro.
The newly established R&D team will focus on developing a next-generation cloud portal for network applications and services, as well as a state-of-the-art AI-based security system for the Internet of Things (IoT). The Shannon R&D base is part of a long-term strategy by Extreme Networks that will result in the creation of a substantial number of highly specialised engineering jobs in the region over the next five years.
AB Agri Ltd, the agricultural division of Associated British Foods (ABF) group which operates in the retail, food and agriculture sectors, is to establish a Technology Centre in Kilkenny, creating up to 50 new roles over five years.
The project is supported by the Irish government through IDA Ireland.
AB Agri was founded in 1984 and is headquartered in Peterborough, UK. The company employs over 3,500 people around the world and is a leading international agricultural business operating across the agri-food industry. It produces and markets animal feed, nutrition and technology-based products and services in 65 countries to over 5 million customers.
Today, Deutsche Börse Group and its post-trade services provider Clearstream celebrated the official inauguration of their new office at Navigation Square in Cork, Ireland. The expansion shows that Cork has become a vital and successful hub for the investment funds operations and one of the major locations for Clearstream.
Expanding its footprint in Cork, the move to the new location “NSQ1” reflects Clearstream’s growing funds business. “This is a very special day for Clearstream. It is more than just the inauguration of a new office, it is a commitment for us and the community to making our business thrive in what is a great ecosystem for funds, leveraging proximity to customers and talent alike,” said Stephan Leithner, responsible Member of the Executive Board of Deutsche Börse AG and Clearstream Chairman
Xperi Corporation, a Silicon Valley based, publicly traded technology company with two subsidiaries in Ireland – FotoNation in Galway and DTS in Limerick – celebrated the official opening of its new FotoNation office in Galway, Ireland. Through an increased commitment to research and development (R&D) investment in Ireland, Xperi’s DTS subsidiary plans to establish an innovation hub at its new Galway location. In addition, the Company is also working to expand its local engineering talent around high-potential growth initiatives, including premium audio, computational imaging, computer vision, and machine learning capabilities, just to name a few. These investments are expected to result in at least 50 new Ireland-based engineering positions over the next several years, with further R&D investment expected that would contribute to additional employment opportunities in Ireland. The expansion project is supported by the Irish Government through IDA Ireland.
Jacobs announced 200 new jobs for Ireland over the coming two years, as it unveiled a €4.5million investment in their office in Cork. The company, which provides end-to-end solutions for infrastructure, biotechnology, pharmaceuticals, semi-conductor, data centres and manufacturing clients, plans to fill the positions in Dublin, Cork and Belfast.
eBay is set to bring jobs directly to Ireland’s North East and North West locations as it seeks out new talent for its eBay@Home programme.
eBay is set to bring jobs directly to Ireland’s North East as it seeks out new talent for its eBay@Home programme. The global market site has partnered with IDA Ireland to bring further employment to the region and will visit the Cavan Digital Hub on September 4th for an information roadshow.
The eBay@Home roadshow will provide an opportunity for interested applicants in Cavan and the surrounding counties to find out more about working remotely for eBay as part of the company’s dedicated customer support team for UK and Irish sellers and buyers.
eBay is set to bring jobs directly to Ireland’s North West as it seeks out new talent for its eBay@Home programme. The global market site has partnered with IDA Ireland to bring further employment to the region and will visit The Building Block in Sligo on September 5th for an information roadshow.
The eBay@Home roadshow will provide an opportunity for interested applicants in Sligo and the surrounding counties to find out more about working remotely for eBay as part of the company’s dedicated customer support team for UK and Irish sellers and buyers.
ActiveCampaign today announced the opening of its Dublin office, establishing a headquarters for the company in Europe, to support its growing customer base on the continent. The company expects its Dublin presence to expand to more than 200 employees. Initial hires will focus on support, sales, customer success, and marketing.
Opus Fund Services, an award winning independent, privately owned global fund administrator headquartered in Bermuda, announced today it plans to open a second office in Ireland, locating in Enniscorthy, Co. Wexford, with the creation of 100 jobs over five years.
IDA Ireland today welcomed the announcement of Amazon’s decision to locate a second wind farm in Ireland, to be located in Cork. Once operational, the new Amazon Wind Farm will provide 23.2 megawatts (MW) of renewable capacity, with expected generation of 68,000 megawatt hours (MWh) of clean energy annually.
As campaigners continue efforts to see Valentia Island named a UNESCO World Heritage site, they’re also working to make it a historic innovation hub.
MSD, one of Ireland’s leading health care companies, has been granted planning permission for the construction of its new facility in Carlow.
Traco Power Solutions, who design and distribute electronic power supplies, today celebrated their 30th anniversary in Wexford with a special event to mark the occasion. The event was attended by the company’s owner, Mr. Rolf Caspar and other senior company leaders and by Brendan Howlin TD, who officially opened the company when it established operations in Wexford in 1989, trading as Convertec Ltd.
The global publishing consortium celebrates 20 years in Ireland with regional recruitment plans for roles in software development, publishing and application customer support
Toast, the fastest-growing restaurant manager platform in the U.S., today launched the opening of its new office in Dublin and officially announced plans to grow its headcount by adding 120 new roles focused on new product development for the company. The Irish site is the company’s first International Technology and Product development centre globally and was first established in 2017. Since then, the team has grown to over 40 staff members across engineering, development and support roles.
Stryker announced today the opening of its Digital Platform Services Centre of Excellence in Dublin, Ireland, and a strategic collaboration with RCSI (Royal College of Surgeons in Ireland) to develop digital solutions for use in emergency and specialist care settings to provide more seamless care coordination for patients suffering from time critical medical emergencies.
MessageBird, the Amsterdam-based cloud communications platform company, today announced that it is expanding its European operations with a new office in Dublin. Led by former Salesforce and Oracle executive, Roberto Marzo, the new office will employ up to 50 new positions over the next 2 years. Initial hires will focus on sales, customer success and support for MessageBird’s fast-growing European customer base. The Dublin office is MessageBird’s 4th office in Europe, and its 8th outpost worldwide.
An Taoiseach, Mr. Leo Varadkar T.D., today officially marked the completion of the landmark €233 million forest resort; Center Parcs Longford Forest. Following an almost two-year construction process Center Parcs Longford Forest has been delivered on schedule and within budget.
Center Parcs Longford Forest will add an entirely new dimension to Ireland’s tourism and leisure market with its all year round short breaks. The resort will welcome its first guests in Ireland in the coming weeks with final preparations underway in earnest.
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
In the restaurant business, technology is fast becoming key to delivering superior service for customers, and this has propelled Boston-based Toast to revenue growth of 148 per cent during 2018.
Every company that wants to grow will reach a point where it needs to expand into new markets. Doing it right means setting up operations closer to those customers.
It’s a big step, but it’s one that many others have taken before. For this blog, we spoke to senior leaders at leading tech companies that expanded into Ireland. They shared their advice on getting a fast and frictionless start, with five practical tips for others planning to grow their business internationally.
In late May, Ireland will become a hive of blockchain activity. Over seven days, events will bring together entrepreneurs, developers, corporate leaders, regulators and government services for a series of talks, workshops, networking opportunities, a hackathon, culminating in a meeting of the ISO TC307 group that will discuss standards around the emerging technology.
Even by the hyper-growth standards of the technology industry, Park Place Technologies stands out for its rapid recent rise. Last year, the company had its sixth successive ranking on the Inc. 5000 list of the USA’s fastest-growing private companies. In the past 18 months, it closed 10 acquisitions spanning Latin America, Asia and Europe.
The mission of IDA Ireland has been constant, since its foundation by the government of the day in 1949—to promote the growth and development of industry in Ireland. In the early years of the Irish Republic, the economy was inward-looking, with high tariffs on imported goods, a strategic focus on indigenous industry and limited export trade.
What’s happening in Sligo right now proves that it’s possible to achieve work-life balance without compromising on a career. That’s what more than 320 people discovered on the journey there by train from Connolly Station Dublin to a careers fair dubbed ‘Tech on the Wild Atlantic Way’.
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.
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.
You'll find us responsive to your needs, proactive, professional and willing to go the extra mile.
We have 28 Offices worldwide helping support companies expand their operations in Ireland.