Press Release 30 May 2013 30 May 2013: Fujitsu Ireland today announced that Fujitsu Laboratories will undertake a series of collaborative Irish research projects over the next three years as a test bed case to inform the global ICT giant’s future strategy. The announcement was made at the inaugural Fujitsu Innovation Gathering held in Croke Park where over 250 delegates - including leading industry strategists, academics, and state body representatives – met to discuss how Ireland can best position itself to maximise innovation and R&D collaboration to drive commercial success.Opening the conference, Regina Moran, CEO of Fujitsu Ireland said: “Fujitsu undertook an R&D investment programme in Ireland in 2010 because we identified home-grown, unique world class research by local institutes that rivals anywhere else in the world. As a global company we are always looking to maximise the opportunities in key ICT growth areas such as future internet, big data, cloud computing and sensor technologies and I am delighted to announce that Irish researchers have been chosen as Fujitsu’s partners of choice.”Mrs Moran added: “Fujitsu’s emphasis is always on human centric technology and value-added research. Collaborative research has been shown to deliver a multiplier effect of up to seven times the return on the initial investment by maximising industry-academia knowledge exchange, shared data and job creation. With the value of the global ICT market estimated at €4.6 trillion in 2009 and a current annual growth rate of 5.5 per cent - the potential industry and Irish economic benefits of tapping into this are enormous.”Delivering the keynote address, Minister for Jobs, Enterprise and Innovation, Richard Bruton said:“Key to the Government’s plan to get growth and jobs back into the economy again is a determination to ensure that we get a better commercial return from State-funded research. That is why the recent Research Prioritisation exercise focused on turning good ideas into good jobs by selecting a small number of areas where investment will be targeted. Typically, one third of IDA-supported jobs projects have a direct link to state-funded research.“Today’s announcement that world-leading company Fujitsu is investing in industry-led research activity shows in areas targeted by the Action Plan for Jobs what is possible for Ireland in this area. I am determined that, through continued implementation of our plan, industry-led research in the priority areas will see more commercialisation and ultimately more jobs for Ireland.”While specific Irish projects are still under negotiation, the conference included a showcase of Fujitsu Laboratories of Europe’s latest technologies and developments including fraud protection applications which can identify irregularities in big data; high performance computing solutions and Fujitsu’s Engineering Cloud. Conference discussions also highlighted the significant investment made by the Irish government in the area of research and the importance of the role being played by IDA Ireland and Science Foundation Ireland to ensure Ireland realises its full potential. Fujitsu put forward five key recommendations, which it believes, could further enhance the outcome of the Government’s strategic investment decisions in research. These are: 1. The encouragement and extension of investment in collaborative research: Cross pollination between research and commercial communities lies at the heart of Ireland’s success. For the benefit of the economy, it is imperative that investment is increased in this area. Research in the UK by its Technology Strategy Board has shown that every £1 invested in collaborative R&D returns around £7 in Gross Value Added benefits. 2. The tightening of the skills gap: There is a skills gap in Ireland which threatens the dividends created by research. Development of the necessary skills pool is vital to ensuring that the required expertise is available to fuel the research and exploit commercial outputs. 3. Convergence of Skills: New services and the technologies of tomorrow are being created but more must be done to ensure that Ireland realises its full potential. We must build stronger convergence between different sectors, such as health informatics, financial analysis or digital lifestyle management. 4. Locating world leading researchers in Ireland: It is critical that Ireland actively targets leading scientists, researchers and technologists around the world. By doing so, Ireland will grow its credentials on the world stage and attract international investment from industry. 5. The Alignment of Ireland’s research capabilities to strategic government investments: Ireland must be ready to take advantage of investments. This can only happen if there is collective joined up thinking across industry, state sector and government and an effective supply chain readiness which aligns education, training programmes, state agency support. Barry O’Leary, Chief Executive of IDA, said: “Today’s announcement by Fujitsu Laboratories is a welcome boost to Ireland’s strong existing ICT base. It provides further proof that Ireland has not only the technology and research capabilities required for a project of this scale, but also the requisite provision of highly skilled individuals. We look forward to working with Fujitsu as they continue to impact significantly on Ireland’s technology landscape.”Media Queries please contact: Edel Bach, Hume Brophy: E: email@example.com T: 086 045 3821 About FujitsuFujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 170,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.4 trillion yen (US$47 billion) for the fiscal year ended March 31, 2013. For more information, please see http://www.fujitsu.com. About Fujitsu Ireland LtdFujitsu is a top five IT solutions provider employing 350 staff in Ireland. Fujitsu defines, designs, builds and operates innovative IT solutions, products and services, helping our customers to realise the benefits of the connected economy. In Ireland we offer a full portfolio of IT products, solutions and services. We concentrate on our core strengths, delivering customer focused IT applications, infrastructure development and management and outsourcing across end user, networking and data centre environments. These are supported by a full range of related services, from management and technology consulting, through to integration and deployment. We work with our customers to identify potential opportunities for technological change in their industry. We then develop and deliver on an action plan to capitalise on these to their commercial advantage. Led by CEO, Regina Moran, the company attributes its success to its Japanese heritage of Lean computing and a methodology based on the concept of continuous service improvement combined with a focus on good technology. Fujitsu’s existing customer base includes the leading organisations in the public and private sector in Ireland, including AIB, Airtricity, Department of Transport, Tourism and Sport, Department of Social Protection, Dublin Airport Authority, Road Safety Authority, Tesco Ireland, The Irish Courts Service, Houses of the Oireachtas Service, The Revenue Commissioners and University College Dublin.