Irel eland ands Technol chnology gy Cl Clus uster L Leo Clancy - - PowerPoint PPT Presentation

Irel eland’ and’s Technol chnology gy Cl Clus uster

L Cl Leo Clancy 1st October 2015

1

https://www.youtube.com/watch?v=83M-zYzZWEU

2

Mi Mission ssion IDA Ireland partners with multinational companies to win and develop foreign direct investment, providing jobs for the economic and social benefit of Ireland. Vi Vision sion IDA, for the benefit of the people of Ireland, will be , the best and most successful Investment Promotion and Development Agency in p g y the world.

3

Fastest Growing Economy in Europe g y p

• Ireland will be the fastest growing economy

in Europe for the 2nd year in 2015.

• Labour market has added almost 105,000

jobs since start 2012.

• Unemployment falling for years, down to

9.7% in June from peak of 15.1% in 2012.

• Public finances improving rapidly Gov’t debt

fell 13 points to 110% of GDP in 2014.

• While the employment situation is improving

wage inflation remains subdued. The IMF is forecasting wage inflation of c 2% p a to forecasting wage inflation of c.2% p.a. to 2018.

So urc e s: E uro pe an Co mmissio n Winte r F

• re c ast CSO QNHS NT

MA So urc e s: E uro pe an Co mmissio n Winte r F

• re c ast CSO QNHS, NT

MA, De pt. o f F inanc e

4

Re Record Ye Year fo for FDI FDI

– 2014 was a re reco cord rd ye year fo for FDI FDI, number of investments up 20% to 197 investments up 20% to 197. – 13% increase in new new name name investors to 88 – Emplo Employment rose to record high 174,448 – Investments from leading global companies: Amaz Amazon,

• n, Bri

Bristol Mye Myers Squibb, Squibb, Fid Fid li Li Li k dI S M k M k Ai Ai B b B b Fid Fideli lity ty, Li LinkedI dIn, n, Sur urvey Mon

• nkey

ey, Ai Air Bnb, Pay PayPal, Ericsson, Ericsson, SAP SAP, Johnson Johnson & Johnson, Johnson, We West Pharmaceutic Pharmaceuticals als, Zendesk ndesk, Adr Adroll ll and , , New New Relic. lic.

5

Ireland’s FDI Landscape

KEY KEY FDI FDI IM IMPACTS ON ON THE THE IR IRISH ISH ECO ECONOMY OMY

• €124.5bn

€124.5bn of exports

• €2.8bn

€2.8bn of corporation tax p

• €1.4bn

€1.4bn expenditure on R&D

• 175,000

175,000 directly employed

• €22.4bn

€22.4bn spend in the Irish economy comprising:

• €8.5bn payroll,

WO WORLD LE LEAD ADERS CHOOSE CHOOSE IR IRELA ELAND

p y ,

• €2.5bn Irish materials, and
• €11.4bn Irish services.

WO WORLD LE LEAD ADERS CHOOSE CHOOSE IR IRELA ELAND

• 9 of the top 10 US companies in ICT
• 9 of the top 10 global Software companies
• 9 of the top 10 companies in Pharmaceuticals
• 9 of the top 10 companies in Pharmaceuticals
• 9 of the Top 15 Internet Estates
• 17 of the top 25 Medical Device companies
• 3 of the top 5 Games companies
• More than 50% of the world’s leading Financial

Services firms

6

Ta Talent ‐ Multilin ltilingual ual g

Foreign languages spoken at home (no. persons)

• Multicultural and multilingual

( p )

Polish 119,526 French 56,430 h 3 63

Multicultural and multilingual society:

• 17% of the population is

i t ti l

Lithuanian 31,635 German 27,342 Spanish 22,446

international

• Over half a million Irish residents

speak a foreign language fluently.

Russian 21,640 Romanian 20,625 Italian 10,344

• Only English speaking country in the

E

Chinese 15,166 Arabic 11,834 Other 177 080

Eurozone.

• Ideal base from which to service

Other 177,080 Total 514,068

global markets.

Source: CSO Census 2011

16

Source: CSO Census 2011

To Top Interna ternational nal Ra Rati tings ngs fo for Ireland eland

• 1st in the World for efficiency of large corporations1
• 1st in the World for flexibility & adaptability of workforce1
• 1st in the World for investment incentives1
• 1 in the World for investment incentives
• 1st in the World for availability of competent senior managers1
• 1st in the World for fostering a national culture that is open to

foreign ideas1 foreign ideas

• 1st in the World for inward investment by quality and value³
• 1st in Western Europe for ‘Best to Invest’3

1.IMD Competitiveness Yearbook 2015 2.IBM Global Location Trends Report 2014 3.Global Best to Invest Report, Site Selection, May 2015

18

Technology & Innovation

19

Multinational Technology Landscape

Not just Dublin – Cork’s ICT Cluster

(53 overseas companies & 11,341 jobs )

R&D R&D – C – Case Stu Studies ies Ireland has an excellent track record as a location for Research, Development & Innovation and over €1.4 billion was spent by multinational companies on R&D in Ireland in 2014 Ireland in 2014

Quark, the first Intel product fully designed and developed in Ireland was launched in 2013 Advanced Predictive Analytics Centre in Dublin with 140 data scientists, developers and UX i li 2013 MasterCard opened a global innovation lab in Ireland in 2010, focused on NFC and biometrics specialists Lead centre and product HQ in the camera and vision systems group, employing 700+ Fujitsu is engaged in a series

• f collaborative research

projects in healthcare and big data Global R&D Centre of Excellence designing software solutions for enterprise customers

Dublin Galway

Th ff d b fl ibl kill d ki l l i h h i l b l

Designed and developed world’s largest proprietary platform of insurance placement data EMC Research Europe in Cork focuses on cloud computing, big data and data centre research

Cork

These centres are staffed by flexible, skilled teams working closely with their global business to deliver value

22

Recent Investments Recent Investments

Announced additional 200 jobs over next three years in product Establishing 700 people technology and banking centre of excellence development & support Announced investment

• f over $5 billion at

Leixlip site centre of excellence Announced Digital Innovation R&D hub in Limerick Establishing Global Business Services hub in Cork creating up to 500 jobs Investing €850M in data centre, adding to the 4,000+ people in EMEA HQ in Cork Creating a Technology Development Centre in Limerick Establishing first Expanding its Centre of Innovation and Analytics to over 130 people Announced additional Establishing first software engineering hub outside US Expanding by 200 people at European HQ 100 jobs at EMEA Headquarters in Dublin Establishing Fashion Insights technology & analytics hub in Dublin people at European HQ in Dublin analytics hub in Dublin with plans to hire 200 people

Mult ltin inatio ional Inno nnovation tion & IoT IoT Tes estb tbeds

Com Compan any Lab Labs I t l I iti I T L b Te Test Beds Beds – I – Internet of

• f Th

Thin ings (e (example le) INFINITE (EMC & V d f ) ‐ Intel Ignition IoT Lab ‐ Intel Research ‐ Accenture Analytics Innovation – INFINITE (EMC & Vodafone) – Dublin City Council IoT Projects (IBM & Intel) – Croke Park Smart Stadium (Intel, GAA & DCU) ‐ Aon Innovation & Analytics ‐ Mastercard Labs ‐ Citi R&D and Innovation Lab – Health Monitoring & Smart Assisted Living (Fujitsu) – CitySense Smart Bike Project (Vodafone) Citi R&D and Innovation Lab ‐ IBM Research – Ireland Labs ‐ Bell Labs Ireland y j ( ) – Nimbus Mallow Town Test Bed – Precision Dairy (Teagasc) S t B (IBM & M i I t ) ‐ Medtronic Innovation Centre ‐ Stryker Innovation Lab ‐ Dell Cloud Solutions – Smart Bay (IBM & Marine Inst.) ‐ Dell Europe IoT Lab ‐ Etc.

24

Wi Wider Irish Irish Innov nnovati tion

• n Landsc

Landscape pe

Accelera rators rs (Dubl ublin based) based) Wo World Cl Class ass Irish Irish Te Tech Com Compan anies ies (e (example les) s) Ac Acade ademic ic Re Research (cen (centr tres) – Health XL – Scalefront – Movidius ‐ computer vision ($100M+ valuation on recent round) – 14 Technology Centres including: – Launchbox – DCU Ryan Academy Propelller round) – FeedHenry – mobile applications (acquired by Red Hat) (€65M)

• Analytics
• Cloud
• E‐learning

– NDRC LaunchPad – Wayra – & others – Now Factory – analytics (acquired by IBM) – Opennet Telecom ‐ €95M – 12 Large Scale Science Centres including:

• Analytics

f h revenue, >700 people

• Internet of Things
• Intelligent Content

25

To learn more log on to idaireland.com Leo.Clancy@ida.ie +353 87 6971801