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.
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.
Monday, January 20th 2020 | 1000hrs | Dublin - IDA Ireland’s inaugural ‘Special Recognition Award’ recognising the contribution of our clients to Ireland was presented by An Taoiseach Leo Varadkar and IDA Ireland to Apple and accepted by its CEO Tim Cook, at a special ‘Looking to the Future’ event in the National Concert Hall this morning.
New York, Limerick, 17 January 2020: AxiomSL, the industry’s leading provider of regulatory reporting and risk management solutions, today announces the opening of a business operations centre in Limerick, Ireland, creating as many as 100 jobs over the next five years. The office will be located in the National Technology Park in Plassey. The project is supported by the Irish Government through IDA Ireland – the agency responsible for the attraction and retention of inward foreign direct investment into Ireland.
The Letterkenny site really going places
Minister for Business, Enterprise and Innovation, Heather Humphreys and IDA Ireland, the Irish Government agency responsible for attracting foreign direct investment (FDI) to Ireland, today announced that employment levels in its client companies have now reached 245,096 - the highest ever number employed in the multinational sector, exceeding targets set by Government contained in IDA Ireland’s Strategy – Winning: Foreign Direct Investment 2015-2019.
NCAD is working with a consortium led by Galway-based medtech start-up Tympany Medical. Also working on the project are UCD’s Centre for Micro and Nano Manufacturing Technology (UCD-MNMT) and Shannon-based Gentian Services.
Six researchers in Ireland have secured a total of €12m in funding from the European Research Council.
DCU professor of history Dáire Keogh will succeed incumbent DCU president Brian MacCraith on 13 July 2020.
Irish folklore has gone interstellar after a Cork teacher was given the chance to name an exoplanet and its parent star after Bran and Tuiren. More than 360,000 proposals for names were received from more than 110 countries.
The list recognises the most talented entrepreneurs from different countries who are developing new technologies to help solve the problems that affect modern society. McGinn and his team of engineers developed Stevie, a socially assistive robot.
Mobile bank N26 grew its Irish customer base by more than 152pc in 2019, and has plans for some major investments next year.
Minister for Business Enterprise & Innovation Heather Humphreys TD today turned the sod on a new IDA Ireland Advance Technology Building (ATB) in Monaghan.
The new c.1329m2 building, which will be constructed at the IDA Business & Technology Park, Monaghan will comprise 910 m2 (c.9,800 sq. ft.) of high tech manufacturing space with ancillary office space over two floors.
6th December 2019, CORK - Horizon8, an innovative, technology solutions company today opens its European headquarters in Cork, Ireland. Formerly called HengTian, the Company was created in 2004 as a strategic partnership between Boston based State Street, and Hangzhou based Insigma Technology and Zhejiang University. The new office in Cork will mark the first European office for Horizon8 adding to the company’s North American presence in Boston.
Servier, an independent international pharmaceutical company, today celebrated its 30th anniversary of manufacturing at its Arklow site, with the support of Ireland's inward investment promotion agency, the IDA, a non-commercial, semi-state body promoting foreign direct investment into Ireland through a wide range of services. The celebration was led by Minister for Health Simon Harris, Ambassador of France in Ireland, H.E. Stéphane Crouzat, and senior leaders from the Servier Group and IDA Ireland.
Nearly two in five Irish adults (39 percent) haven’t updated their main password in the last 12 months, according to new research.
The research, published today by OneLogin, a global leader in identity and access management, finds that 20% of Irish adults haven’t updated their passwords in over two years and a further five percent can’t recall the last time they updated their passwords.
From humble beginnings in Loughrea, Co Galway, Aon Assessment Solutions has taken its job application assessment software global.
For his pioneering work in bioeconomy research, Prof Kevin O’Connor of UCD has been named SFI Researcher of the Year 2019.
Scientists and politicians have put forward the case for Ireland to join CERN, the group behind the Large Hadron Collider.
Unlike the famous plant that lures insects into its mouth to catch and consume them, new Venus flytrap-like biosensors developed by scientists at Trinity College Dublin (TCD) are designed to trap something very different.
A number of Ireland-based researchers can consider themselves the cream of the crop in 2019 following the publication of this year’s Web of Science Group list of 6,216 highly cited researchers from 60 different nations.
While a protected species in Ireland, badgers can easily harbour and spread tuberculosis (TB), which can then spread to cattle. Each year, many cows are culled after picking up the disease, costing farmers millions of euro.
Investigative intelligence start-up Siren announced the closure of a $10m funding round including investment from DVI Equity Partners, a venture capital firm specialising in national security, enterprise software and AI, as well as Frontline Ventures, Atlantic Bridge and Enterprise Ireland.
Brisbane-based EML Payments has entered into a bidding agreement to acquire Prepaid Financial Services (PFS) for an up-front value of £226m and an earn-out of up to £55m, subject to meeting certain earnings targets
Limerick, November 25th, 2019 – FundRock Management Company S.A. today celebrated the official opening of its office in Limerick. This office serves as an operational centre of excellence which complements the FundRock Group.
ARTeSYN Biosolutions, the manufacturer of single-use solutions for biopharma processing, is to significantly expand its Waterford operations by adding 50 new roles in Production, Engineering, Customer Service and Research & Development over the next 3 years at its facilities in the Six Cross Roads Business Park, Waterford. The expansion of the site increases the company’s consumables and overall production capacity by an additional 2200 ft².
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