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.
We are reaching out to you on foot of the updated public health advice from Government advising the public of increased restrictions on movement owing to Covid19.
The purpose of these increased restrictions is to save lives and employers and employees should follow this advice.
Martin Shanahan, CEO IDA Ireland:
This is a very difficult time for business, both Irish businesses and international businesses that are based here in Ireland and indeed businesses right across the globe.
This is a global pandemic and has caused widescale disruption to the global economy in which Ireland operates.
Udemy, the largest global marketplace for learning and teaching online, announced today the opening of an expanded office in Dublin, Ireland. The new office opening represents continued investment in the company’s EMEA headquarters, follows a milestone growth year, and a recent commitment by long-time Japanese strategic partner Benesse Holdings to invest $50 million in the company.
The enticement of a relatively wealthy market of 500 million consumers often makes opening a European office one of the earlier expansion steps for American technology companies. However, there are right and wrong ways to establish a European operation, with fostering the right culture a key aspect that will significantly impact the hoped-for financial contributions.
The role of placemaking in helping to enhance Ireland’s attractiveness to investors was highlighted at an event today hosted by IDA Ireland in partnership with the Department of Housing, Planning and Local Government. The event was held as the second phase of the Department of Housing, Planning and Local Government’s Urban Regeneration and Development Fund was rolled out. Under the call, local authorities are invited to submit proposals for transformational placemaking and urban development projects that will enhance the attractiveness and liveability of Ireland’s cities and large towns and support compact urban growth, one of the key strategic objectives of Project Ireland 2040.
Sift, a leading Digital Trust and Safety technology company, today announced that it is expanding its international presence with the opening of its new EMEA headquarters in Dublin, Ireland.
The company, which counts several major European businesses such as Cabify, Curve, Delivery Hero, and GetYourGuide as customers, has already hired several members of its quickly growing Sales team with plans to continue hiring.
Everyday, millions of payment card transactions are conducted safely and securely using technology solutions provided by Bluefin.
TU Dublin and Intel Ireland have announced a partnership to develop VR training programmes for the tech giant. The new research project will also see TU Dublin undergraduate students and postgraduate research assistants join Intel as interns.
Despite opposition from local residents, RCSI has been given the green light to expand its presence in Dublin city centre with a €90m development. The building will include research labs, classrooms, catering and recreational facilities.
Loci Orthopaedics was founded as a spin-out from NUI Galway in 2017. It was set up by Dr Brendan Boland and Gerry Clarke, who aimed to improve the lives of arthritis patients through the development of orthopaedic technologies.
Working in conjunction with NASA’s own Parker Solar Probe, which was launched two years ago, Solar Orbiter will help us better understand why, among other things, solar flares occur.
To better understand RNA viruses, Irish researchers have pieced together parts of a massive puzzle. In a paper published to Science Advances, they identified 15,611 new fragments of RNA viruses, including more than 1,000 full-length genomes.
The EPA has announced awards totalling €10m to fund vital environmental research, with UCC and NUI Galway receiving the largest sums. Other projects will look at areas such as the effects of the climate crisis on Irish coasts.
Eligible companies will be able to secure up to €150,000 in funding as part of the Co-Innovate programme, which encourages business collaboration between Ireland, Northern Ireland and western Scotland.
A new report suggests that Ireland is the least susceptible to cybercrime in Europe, while the Netherlands is on the other end of the scale. In total, 17.64pc of machines in the Netherlands experienced cloud provider attacks.
Mastercard has today announced its plans to create 1500 jobs in the next three to five years as it significantly grows its new European Technology Hub in Dublin. The plans reflect Dublin as a key location in Mastercard’s global footprint.
As a leader in payments technology, Mastercard is to grow its workforce with notable investments in its artificial intelligence, cyber security, blockchain, user experience teams, and more. As such, Mastercard will be recruiting for talented technologists with strong development and software skills looking to work on impactful, cutting edge technology projects.
Maxim Integrated Products, Inc. (NASDAQ: MXIM) today announced the opening of a new design center in Dublin, Ireland. The design center will focus on product development and conducting research and development in the areas of analog semiconductor design to deliver Maxim’s innovative solutions across many end markets.
To make this vision a reality, the company will recruit a strong team of mixed-signal and analog design engineers at this facility. The $25M investment will be primarily geared towards recruiting talent, equipment and building costs, as well as research and development. Located on the south side of Dublin, this is Maxim’s seventh design center located in Europe.
LONDON, February 12, 2020 –Payoneer, the digital payment platform empowering businesses around the world to grow globally, announced today its continued global expansion with the establishment of a new office in Dublin, Ireland. This announcement, in conjunction with the Central Bank of Ireland (CBI) authorising the Dublin entity of the fintech unicorn as an Electronic Money Institution, demonstrates Payoneer’s commitment to being a reliable, secure and convenient partner for businesses all over the world.
The IDA Ireland organised forum, in association with the Financial Times, brings international and Irish financial industry leaders, regulators and policy experts together
A platform that could allow researchers to better understand Ireland’s wind and solar sectors has received funding from the SEAI. By developing the platform, UCD spin-in BrightWind believes it could help Ireland reduce its CO2 emissions.
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