IT & Electronics Opportunities in Ireland

An Expert's View about Retail Computer and Software Sales in Ireland

Posted on: 1 Oct 2010

Expansion of the IT and Electronics sectors is a key thrust of the Irish Government’s strategic plan for the next decade. The report provides key sectors for opportunities.

Sector Briefing IT & Electronics Opportunities in Ireland Why Ireland? Ireland is the third largest exporter of software in the world generating ?12 billion annually. There are 140 international companies and roughly 700 Irish companies operating in the sector. Seven of the top ten ICT companies in the world operate here. Approximately 20% of Western Europe?s electronics output is generated in Ireland and it is one of the leaders in semiconductors and ICT equipment. Many of the major multinationals have manufacturing or fabrication or R&D facilities in Ireland. Pharmaceuticals, ICT Manufacturing and Services, International Financial Services, Find general information on Irish market Tourism, Environmental Goods and Services and Other Internationally Traded Services. conditions on UKTI?s website. The Doing Business Guide for Ireland gives an overview of Ireland?s economy, business culture, potential opportunities and an introduction to other relevant issues. Expansion of the IT and Electronics sectors is a key thrust of the Irish Government?s strategic plan for the next decade. Given that IT and electronics apply to many sectors in some form or other, the following sectors have been identified as key areas of strength within the Irish economy and which have maximum opportunities for future growth; Food and Drink, Chemicals and UK Trade & Investment Sector briefing: IT & Electronics opportunities in Ireland Opportunities Key Sectors for Opportunities Security Data losses in public and private enterprises According to the Irish Software Association the recently has increased the need for protection against threats. There are opportunities in this following sectors are likely to experience the maximum growth as far as software is area in the short term future at least. concerned: ? E-learning Broadband ? Environment (Clean Technology, Smart In Ireland, this covers three main activities; a Buildings) ?230m National Broadband Scheme, the ? Financial (Financial Analytics, Compliance) upgrading of broadband to Irish schools and ? Games the continued investment in next generation ? Health (Health Informatics) networks. ? Public sector ? Telecoms (Broadband) Analog IC design There are opportunities in this area for In the Electronics sector in Ireland there are companies that can increase the speed of the likely to be opportunities in the following key layout process through automation and/or that growth areas: can standarise the process. ? Analog IC design ? Semiconductor processing equipment Building Management Systems ? Industrial control equipment The Sustainable Energy Authority of Ireland ? Building Management Systems (SEAI) has produced a strategic plan for the years 2010 to 2015 to turn Ireland into a The Irish Central Bank has identified the global leader in sustainable energy. There are following as areas that would benefit from many opportunities across the whole range of competition; healthcare, health insurance, IT and electronics that apply to sustainable utilities and public transport. energy but there is a particular emphasis on Building Management Systems. Cloud Computing Given its relationship with network capacity If you have any questions on the opportunities and data storage (see eBusiness and Disaster above, contact the UKTI contacts named in this Recovery below) cloud computing in general report. Business opportunities aimed will provide opportunities in Ireland. specifically at UK companies are added daily to UKTI?s website. These leads are sourced by our eBusiness staff overseas in British Embassies, High A recent ESRI study on the Irish economy Commissions and Consulates, across all sectors forecasts that by 2025 some 70% of exports and in over 100 markets. will be traded over the internet. The Irish Internet Association records a significant You can be alerted to business opportunities on increase in online businesses being set up. This a regular basis by registering on the UKTI trend is expected to continue. website. Find out more on UKTI?s business opportunities service on the UKTI website. Disaster Recovery Insurance policies do not normally cover loss of data especially from natural disasters. There have been instances of companies losing their backup data as well. The result is that there are opportunities for providing off-site storage. Software as a Service (SaaS) Customer Relationship Management (CRM) is the most likely area for growth. UK Trade & Investment Sector briefing: IT & Electronics opportunities in Ireland Major events and activities UKTI contacts Irish Sustainable Building Show Simon McKeever Date: 07 Sept 10 to 09 Sept 10 Director Trade & Investment This show will focus on seminars, features and British Embassy Dublin business opportunities in the sustainable Tel: 00 353 1 205 3769 construction industry and associated areas. Email: Web: Web: There is a UKTI grant available to exhibit at this show for further details Pete McWilliams Contact: Simona Novelli Trade Advisor Email: British Embassy Dublin Tel: 00 353 1 205 3754 Email: MEDTEC Ireland Web: Date: 22 Sept 2010 to 23 Sept 2010 Event dedicated to industry professionals engaged in the design and manufacturing of medical devices in Ireland. Radisson SAS Hotel, Galway Contact: Canon Communications LLC Tel: 00 44 1622 661363 Web: Southern Energy & Sustainable Manufacturing Exhibition Date: 07 Oct 2010 to 09 Oct 2010 Exhibition offers an opportunity to suppliers of efficiency and alternative energy systems, green manufacturing and recycling technology. Curraheen Park, Cork Contact: Mr Saul Tel: 00 353-1-490 0600 Web: Find full details of all events in this country and sector on the UKTI website. New export events are added daily to the site and you can register to be alerted to them on a daily, weekly or monthly basis UKTI?s Tradeshow Access Programme (TAP) provides grant support for eligible Small and Medium Sized Enterprises (SME's) to attend trade shows overseas. Find out more about UKTI support for attendance at overseas events UK Trade & Investment Sector briefing: IT & Electronics opportunities in Ireland Next steps - How UKTI can help British companies wishing to develop their This work is available via our Overseas Market business in the Irish market are advised to Introduction Service (OMIS) a chargeable undertake as much market research and service which assists British-based companies planning as possible in the UK. UKTI?s team in wishing to enter or expand their business in Ireland with its wide local knowledge and overseas markets. experience, can provide a range of services to British-based companies wishing to grow their To find out more about commissioning this business in global markets. work, or accessing other UKTI services and specialist advice, please visit the UKTI website This can include: to find contact details for your local UKTI ? Provision of market information office. ? Validated lists of agents/distributors ? Key market players or potential customers in the Irish market ? Establishment of interest of such contacts in working with you ? Arranging appointments ? Organising seminars or other events for you to meet contacts and promote your company in the Irish market Whereas every effort has been made to ensure that the information given in this document is accurate, neither UK Trade & Investment nor its parent Departments (the Department for Business, Innovation & Skills, and the Foreign & Commonwealth Office), accept liability for any errors, omissions or misleading statements, and no warranty is given or responsibility accepted as to the standing of any individual, firm, company or other organisation mentioned. Published 2010 by UK Trade & Investment. Crown Copyright © UK Trade & Investment Sector briefing: IT & Electronics opportunities in Ireland
Posted: 01 October 2010