The words you are searching are inside this book. To get more targeted content, please make full-text search by clicking here.
Discover the best professional documents and content resources in AnyFlip Document Base.
Search
Published by Harmonia Norah, 2018-12-14 07:36:31

IDA magazine

Business magazine

WWW.IDAI ELA .CO

T he statistics are terrifying. It is
predicted that by 2022, globally
there will be 1.8 million unfilled
jobs in cybersecurity. As every
aspect of human existence
becomes more inextricably linked
with technology and IoT, it is a
skills gap which is growing
exponentially. Michael Loftus,
Head of Faculty of Engineering & Science at
Cork Institute of Technology (CIT) warns
that, “There is no part of IT—networking,
storage, system development—where
cybersecurity isn’t an integral part.”

The cyber security unemployment rate is
0% globally. Vincent Ryan, Senior Lecturer
in the Department of Computer Science
quotes shocking current statistics—there are
300,000 cybersecurity positions in the US,
1 million worldwide. Michael points out that
global corruption trends are showing that IT
security malpractice is now bigger than
‘traditional’ organised crime. Something
clearly needs to be done.

A forward-thinking group, with input from
both the Computer Science and the Business
departments at CIT, is seeking to redress the
glaring needs in the sector.

I UST Y NEEDS

Over the past 10 years staff in the Department
of Computer Science at CIT have developed
a suite of programmes with information
security as a central pillar. Several companies
who have established operations in Cork in
the past few years have stated that a key factor
in their decision to locate in the area was the
talent pipeline available at postgraduate level
through the Department of Computer Science
at CIT. Michael Loftus underlines this saying,
“The Computer Science Department at CIT
is connected at the hip with industry.”

Similarly, all over the country, other higher
education institutions are listening to the needs
of industry and shaping courses to produce
graduates with applied, in-demand skills. “We
are all linking industry requirements with
expertise, and aligning with the national
development strategy,” Michael explains.
“With a cluster creating that partnership on
a national scale it will give Ireland an

49 ISSUE 15

IT

international advantage and increased CLUSTE newly launched entity he will establish, grow
competitiveness.” OBJECTIVES and manage Cyber Ireland, based out of CIT.

Ireland already has a significant presence The cluster initiative aims to T IPLE HELIX
of cyber security MNCs, thanks to a growing, establish, grow and manage a
well-educated and flexible workforce with a cyber security cluster for Ireland. Over the coming months, Eoin will be tasked
rapidly increasing graduate output. The top The key objectives of the cluster with reaching out to all strands of the triple
five worldwide security software companies organisation will be: helix necessary to involve: industry, academia
are located in Ireland, with notable international and government bodies. From his vast
firms present including Intel Security, Trend 1. SKILLS - Sustainable generation knowledge of cluster organisations, he has
Micro, eSentire, IBM, EMC, Tyco, of a critical mass of talented firsthand experience that all are equally vital
Malwarebytes, Alienvault, TrustEV information security professionals to the process. The kick-off phase will involve
(TransUnion), QualComm, FireEye, 2. INNOVATION - Enhanced intensive engagement with educational
SolarWinds and NUIX. All in all there are information security research and institutions and industry associations.
over 25 multinational and over 60 Irish-owned innovation between industry and “Bringing together industry, government and
software and services cyber security companies with academia academia, cluster organisations can improve
in operation in Ireland at present and over 3. PROMOTION - Stronger economic growth, foster innovation and
6,000 people working in the cyber security national industry sector branding address issues,” says Eoin. “It needs to be
industry in Ireland (with a large critical mass 4. INTERNATIONALISATION championed by industry; academia will address
employed in technology and financial services). - Increased international the skills gaps and government will support
competitiveness with policy frameworks.”
By building on existing strengths in the 5. COLLABORATION – Facilitate
technology sector, in addition to a growing the potential for cross-industry Explaining the idea behind cluster
cyber security sector, Ireland is uniquely placed collaboration organisations, Eoin says, “The cluster theory
to benefit from increased global investment, is based on the notion that clusters have certain
and has a real opportunity to position itself as characteristics, which contribute to enhance
a world class cyber security practices, solutions, innovation, growth and competitiveness of
and investment hub. regions and the companies which are part of
clusters. However, some of the synergies within
“Ireland already has a significant a cluster are latent, and in order to fulfil and
presence of cyber security MNCs, thanks exploit these synergies, a cluster initiative can
to a growing, well-educated and flexible be established.”
workforce with a rapidly increasing
graduate output” From observation of cluster organisations
that have been running in some of Europe’s
With this in mind, a cyber security cluster funding from IDA Ireland to get up and leading economies since the 1990s, benefits
forum event was held in CIT in the spring of running. In line with international best practice which have become apparent include: increased
2017, convening academics and industry in cluster development, a 24-month project was productivity (through specialised inputs, access
leaders from key cyber security firms in the funded, after which the cluster is expected to to information, synergies, and access to public
region, and the feedback from this proved fund itself through a combination of private goods/infrastructure); more rapid and
crucial in forming the vision for what was and public funding. increased innovation (through cooperative
needed. It pinpointed the looming skills gap research and competition); new business
as the top priority for a national organisation, Dr Donna O’Shea, a lecturer in the formation; higher wages in clusters due to
as well as facilitating opportunities for Department of Computer Science at CIT, demand for expertise and critical mass of talent;
collaboration and fostering research and points out that this initiative “fits in with the resilience through the financial crisis and
innovation. Horizon 2020 programme, building capacity economic downturns in strong clusters; and
in areas that require critical skills.” even though we are in a global economy and
CYBE CONCEPT internet age, proximity still has a value.
Laying the foundations for the Cyber Ireland
The group pitched the concept, to IDA Ireland, organisation is Dr Eoin Byrne, whose doctoral There will be a series of cluster initiation
of creating a national cyber security cluster to research, through economics, focused on cluster workshops run in Dublin, Cork and Galway
be a collective voice to represent the needs of organisations throughout Europe. He is ideally in the spring to showcase the vision of the
the cyber security industry in Ireland and to placed to lead the charge, having spent the last cluster organisation to key stakeholders—open
address key challenges. Launching in few years working with the Nimbus Centre, a to all including senior management in the
December 2018, Cyber Ireland has received leading research centre in Cyber-Physical cybersecurity sector, SMEs, start-ups and
Systems & IoT, based on the grounds of CIT. academia. “Although networking is a focus,”
Now, in his role as Cluster Manager of the says Eoin, “It is not just a networking
organisation, it is a collective voice for
industry. It will be built around FDI companies

50 INNOVATION IRELAND REVIEW

THE TRIPLE HELIX

In order for a cluster organisation to
be effective, observation of best
practice has shown that buy-in from
three key stakeholder groups is
essential: industry, academia and
government.

CYBER IRELAND WILL ENGAGE L-R: Dr Sean McSweeney, Mr Tim Horgan, Dr Donna O’Shea, Mr Vincent Ryan, Mr Michael Loftus,
WITH: INDUSTRY: Dr John Hobbs, and Dr Eoin Byrne.
• Start-ups
• Irish SMEs benefits”. He explains, “A cluster will help being an exciting area of development right
• MNCs identify emerging trends easily, enabling now, ripe for further research and collaboration.
us to move quickly to create competitive
ACADEMIA: advantage for Ireland and the firms that The vision is to connect stakeholders and
• Higher Education Institutes with operate here.” foster a collaborative R&D ecosystem,
connecting industry R&D with higher
information security courses “I have to compliment IDA Ireland for education institutions and helping to identify
• Research centres associated with having the vision and foresight to implement national and European funding. It will also
this initiative in such a timely manner,” facilitate cross-industry collaboration. Overall,
HEIs and SFI centres Michael states, name checking Victoria it is a positive move for all concerned, resulting
• Other private training & research Makechnie, Leo Clancy and Donal Travers in stronger national industry branding and
for leadership demonstrated around increased international competitiveness, and
organisations making the initiative happen. the formation of a hub growing and attracting
top talent.
GOVERNMENT: “If Ireland can become a centre of
• Government agencies (IDA excellence in cybersecurity it will be a very As this December sees the ‘soft launch’ of
attractive proposition to industry,” adds the organisation, the next few months are key
Ireland, Enterprise Ireland, Vincent. to laying the foundations, showcasing its
National Cyber Security Centre) vision, bringing new members on board and
• Government Departments – Membership of Cyber Ireland will be free surveying the needs of industry. Within the
Department of Business for the first year, with significant benefits first six months, a board of 13 will be elected
Enterprise & Innovation and foreseen for companies engaging with the with half its members from industry, and the
Department of Communications, initiative. Not only will it provide the sector remainder from from HEIs and government/
Climate Action & Environment. with a collective voice to represent its needs government agencies.
• Local Government and address issues, but it will be instrumental
in building and strengthening a cyber security “It’s about co-opetition,” concludes Eoin,
that have chosen Ireland as their global hub.” ecosystem within Ireland, and provide “bringing companies together that can
He uses the term “co-opetition” to describe opportunities for networking and collaborate to address a key challenge, which
how companies that are competitors in the collaboration. Tim Horgan, Head of in this industry is skills needs—getting the
outside world can co-operate to drive the Department of Computer Science at CIT people into the room that are competing
cluster to improve and advance, so that points to the synergies between Artificial globally, and solving those needs.”
everyone benefits. Intelligence (AI) and Information security as www.cyberireland.ie

LAYING FOUNDATIONS

Michael describes the job of a cluster
organisation being to “accelerate delivery of

51 ISSUE 15

HIGH
GROWTH

The forefront of

Innovation

Over recent years Ireland has become a key location for inventive firms
looking to rapidly internationalise operations. Colin White highlights a
sprinkling of some of the hottest high-growth phenomenons breaking new

ground across the country.

Cylance / Cyber solutions economic benefits to the city: the renovation
an old office suite on South Mall, which has
California-based computer security company Anton Grashion brought life back to disused office stock; the
Cylance has been an integral player in Cork’s employment of local developers and labourers;
ascension to one of Europe’s leading “We mobilised our and utilisation of local hospitality businesses
cybersecurity and technology centres. Since team to create such as the Imperial Hotel.”
opening offices in Cork in 2016, Cylance’s an innovative
state-of-the-art products have provided programme to Cylance first engaged with IDA Ireland in
solutions to enterprises cognizant of the threat June 2016, when visits to Cork, Dublin and
of cyber crime. Senior Director of Product deliver a creative Galway were conducted. Following three
and Marketing EMEA Anton Grashion office space suited further visits, the company identified an office
explains the scope of the firm’s offering. space to suit the needs of a company focused
“Cylance provides solutions that identify and to a fast-paced on substantial growth. “With the help of IDA
neutralise threats using artificial intelligence technolog y Ireland the project was delivered on time and
and machine learning,” he says. “For more business.” to budget,” Grashion explains. “However,
than five years we’ve been providing a superior there were challenges and roadblocks along
alternative to traditional cyber threat the way, of course, with such a short timeframe
prevention solutions. We’ve shut down tens of to adhere to.”
millions of potential attacks with a system that
is continually learning.” He continues: “Working closely with IDA
Ireland on the implementation plan, we utilised
The launch of the company’s operations in key partners, such as developers, lawyers,
Ireland was a response to a need to meet the designers and recruitment organisations. On
global demand for Cylance’s next-generation top of this, we mobilised our team to create an
endpoint protection product, innovative programme to deliver a creative
CylancePROTECT, as well as to provide an office space suited to a fast-paced technology
in-region presence to support customers across business, while, at the same time, building
EMEA. Since that time, Cylance has generated strong relationships with local businesses and
hundreds of jobs and continues to expand its educational establishments.”
footprint in Cork. “I’m delighted that we have
created over 40 new jobs to date, with The past 12 months have been eventful
significant investment into the Cork economy,” for the company. Ongoing growth has
says Grashion. “We have provided many combined with the firm being awarded with
an Emerging Business Investment award at
this year’s Invest in Ireland Awards, a
programme that rewards organisations’

52 INNOVATION IRELAND REVIEW

WWW.IDAIRELAND.COM

contributions to the Irish economy. Long “As the only native English-speaking
may Cork’s thriving hotbed of entrepreneurial country in Europe, and with huge economic
activity provide the perfect base for Cylance’s
continued international expansion. and cultural links to the US dating back
Cylance.com centuries, Ireland is the gateway to Europe

Keeper Security / for many US companies.”
The Digital Vault
Barry O’Callaghan which makes it easier for other companies
At a time when the threat of cybercrime has John Maher in the same industry to set up and begin the
become an ever-present concern for individuals high growth process.”
and businesses alike, security and password
management firm Keeper Security is aiming Looking ahead, Guccione is firm in his
to transform the way we protect our sensitive belief that Keeper Security will continue to
digital assets. protect the company’s expanding client list
from its Cork base for many years to come.
Earlier this year, the company joined an “The future is very exciting for Keeper
already impressive array of cyber security firms Security,” he states. “We are in a strong position
based in Cork when it unveiled its first to capitalise on an amazing market opportunity
European office to provide support to the many in helping organisations of all sizes with the
businesses across major industry sectors that prevention of data breaches. In EMEA, there
require data protection. “We chose Cork for are 22 million SMEs, as well as larger
our EMEA headquarters as the city is widely enterprises and government entities that can
regarded as the tech hub of Europe,” explains benefit from our cybersecurity platform and
EMEA and Asia Marketing Director Barry technology. Our operation in Cork is an
O’Callaghan. “With close to a 70% increase instrumental component of our company’s
in employment in tech companies over the last future,” concludes Guccione.
five years, we felt there was nowhere better in Keepersecurity.com
Europe to open our centre of excellence.”
Darren Guccione Neueda / Midland
IDA Ireland’s efforts in targeting high- Maestros
growth companies looking to internationalise
is now paying dividends, with over 150 high- Provider of business and technical training
growth global companies choosing to establish programmes, application development services
operations here since 2010. CEO and co- and IT consulting services, Neueda has been
founder Darren Guccione is keen to express delivering digital solutions to enable customers
how influential the organisation was in the to transform the way they do business since
decision to locate to the south-west of Ireland. the company’s inception in 2006.
“With more than 60 IDA Ireland-supported
companies in the Cork region alone, IDA Neueda’s client base includes some major
Ireland has a proven track record of assisting players in the public and private sector, such
companies with everything from site visits, as Citi, Fidelity Investments, Ericsson, Allstate
recruitment and visa applications, right and Liberty Mutual. After the Belfast-
through to the various legal processes and headquartered company established a second
property requirements,” the CEO states. site in Latvia in 2012 to support and grow its
international client base, the firm announced
Indeed, Ireland has provided the tech further plans to create over 200 jobs at a newly
infrastructure and readily available talent established software engineering hub in
pool for Keeper Security to provide the Athlone during 2018.
necessary engineering support, enterprise
sales and local management for the Managing Director Paul Madden was
company’s growing EMEA business impressed with the level of technical and
customer base. “As the only native English- engineering talent available in the midlands,
speaking country in Europe, and with huge particularly considering the firm’s notable
economic and cultural links to the US dating hiring-bar. “The main criteria for our new
back centuries, Ireland is the gateway to base was the availability of talent, and the need
Europe for many US companies,” declares for a location with a good quality of life for our
John Maher, Director of Sales for EMEA. employees,” says the site lead at the new facility.
“Ireland also boasts a highly skilled, well-
educated workforce and is home to many
of the world’s technology powerhouses,

53 ISSUE 15

HIGH
GROWTH

L-R: Paul Madden (Nueda), Mary Buckley (IDA Ireland), Kevin Boxer Moran
TD, Heather Humphreys TD, David Bole (Nueda), David Claffey (Nueda)

“We’re lucky in
Ireland to have access

to terrific talent
on our doorstep.
Additionally, people
will relocate from
anywhere in the
world to Ireland due
to the favourable
living conditions.”

David Bole customers, employees and the communities in collection technology is also providing fans with
which it operates. Ranked in the Great Place more real-time information than ever.
“We’re lucky in Ireland to have access to terrific to Work Awards 2017, the company takes pride
talent on our doorstep. Additionally, people will in being easy to work with, being responsive Chicago-based firm STATS is one of the
relocate from anywhere in the world to Ireland and investing in both employee and customer most innovative companies at the intersection
due to the favourable living conditions. We success. With ambitious plans ahead for this of sports and technology. During 2018, IDA
knew we’d have zero issues attracting excellent firm with innovation embedded in its DNA, Ireland assisted STATS with the formation of
engineers to Athlone, as pressures like the sky’s the limit for a company on the verge its regional headquarters for EMEA operations
commuting and cost of living which can be a of monumental growth. in Limerick. Practical assistance in sourcing
challenge in Dublin, simply do not exist in the neueda.com local site leadership was key in the early stages,
midlands. The town is a great place to both live
and do businesses in – it has all the services STATS / Going Carl Mergele
that our people require.” route one

From its Athlone base Neueda delivers large- The rise in the use of big data and analytics
scale, mission-critical software projects on a within modern sport has revolutionised how
global scale. Madden highlights the importance sporting organisations and teams approach
of a strong support network when setting up a operations. Professional sports teams are
new facility. “The support from IDA Ireland utilising data to keep abreast of statistical
has been exceptional. The organisation has performance, and the upsurge in live data
provided invaluable financial support, as well
as sound advice when choosing and setting up Pictured at the opening of the STATS office are, L-R: Gráinne
a premises,” he says. “Athlone quickly became Barry, EMEA Regional Operations Director, STATS, Carl
the obvious choice for us. With the large and Mergele, CEO, STATS, Mary Buckley Executive Director, IDA,
growing number of software engineers working Stephen Keary, Mayor of the City and County of Limerick and
in the town, there is a real buzz about the place. George Murray, Performance Analyst Munster Rugby
The local business community has been very
supportive and it was an easy choice for us to
locate here.”

Neueda will continue to work tirelessly to
build trust, respect and partnership with its

54 INNOVATION IRELAND REVIEW

and connecting STATS, both in Ireland and role in the expansion of Ireland’s high-tech Brian Murphy
internationally, has continued to be beneficial business ecosystem into the future.
to the firm as it scales its activity in the region. stats.com
The company has announced its ambition to
employ more than 150 staff in Limerick by 2020 ReliaQuest / A tribe called
– great news for a region with an already ReliaQuest
blossoming tech and science scene. Regional
Operations Director EMEA Gráinne Barry In a suburban corner of Dublin, a leader in
explains why Limerick was a natural choice for security model management is making waves
the company. “By choosing Limerick, STATS across the rapidly evolving cybersecurity
taps into the best this progressive city has to industry by helping organisations build
offer, from collaborative partnerships with local individualised security models that evolve
institutions to the ever-expanding technology over time. ReliaQuest, founded in 2007 by
and science clusters that are transforming the CEO Brian Murphy, today employs 300 staff
city, not to mention the strong availability of at its offices in Dublin, Tampa and Las
tech and management talent,” she says. Vegas. Speed to market and the exciting
“Limerick is also the headquarters for
SportsTech Ireland, which is creating an “The local business community is very
ecosystem for Ireland’s involvement in the sports welcoming, as well as vastly experienced in
data and technology industries.”
helping others to understand all the great
While Ireland has an excellent record in things about the country.”
attracting large multinational companies, its
reputation for attracting high-growth companies commercial and creative elements Dublin over the world who want to live and work in
is also flourishing. Combined with its geographic has to offer were key factors in locating here. a booming economy,” the CEO states. “The
location in Europe and its pro-business focus, “We chose Dublin for several reasons, local business community is very welcoming,
Barry believes Ireland will continue to entice including its strong talent, the ease of travel as well as vastly experienced in helping others
high-growth companies. “Ireland’s key strength back and forth from our headquarters in the to understand all the great things about the
is its in its strategic leadership and development US and around the rest of Europe that country.” He continues: “There seems to be
talent,” she explains. “There is a strong work- Dublin offers, and the openness and focus on alignment and a focus on collaboration end-
ethic, creativity and can-do attitude amongst collaboration fostered by Ireland,” says to-end in Ireland that makes it easy for firms
the workforce here that makes it an attractive Murphy. “All of these things make Dublin a to start operations and expand here. We
place for high-growth companies.” great place to be.” have also been impressed with the rapidly
growing technology start-up community
Looking to the future, Barry is buoyant about The goal of ReliaQuest is simple: to across Ireland, driven in part by partnership
the company’s prospects. Through its range of reduce the threat of cyber risk and protect with a strong university system which gives
customisable digital solutions, a wide range of both data and intellectual property. The Ireland an edge in growing new and existing
sporting organisations will continue to rely on company is focused on filling in the gaps companies.”
STATS’ products to compete at the highest that exist in enterprise cybersecurity by
level. Core to this future growth will be the leveraging security model management This focus on partnership is evident in the
delivery of proprietary artificial intelligence- and by combining technology and teams firm’s relationship with IDA Ireland.
assisted software delivering insights to sports to deliver successful outcomes. In doing
leagues, clubs and media companies around this, ReliaQuest will continue to grow “From our first meeting, IDA Ireland has
the world. An example of this is the recently its internal innovation and development been very helpful in giving us an overview
launched STATS Edge, which uses the latest teams by more than 400% over the next 36 of what it is like to do business in Ireland:
thinking in artificial intelligence and machine months. “As a company, ReliaQuest will engaging us with other companies that have
learning. “STATS Edge can objectively analyse double in size in all of our locations across scaled in order to gather lessons learned;
a team’s performance, compare playing styles, the US and in Dublin during 2019, and connecting us with service providers in
conduct game-changing set play analysis, all we’ll continue that trend for the foreseeable Ireland to help us get everything set up; and,
while linking analysis with video at the touch future. We have an 11-year history of overall, being a single point of contact to
of a button,” the Regional Operations Director focused and rapid growth, and Ireland is steer us in the right direction as we ramp-up
explains. “STATS Edge is configured to find a big part of that success as evidenced by our operations in Ireland.”
key insights for an upcoming opponent based our growth there during 2018,” explains
on recent competition, or over the entire season Murphy. ReliaQuest is an example of a progressive
by using artificial intelligence-generated metrics firm that have leveraged operations by
proven to be indicative of winning, making it Murphy is delighted with the firm’s tapping into Ireland’s readily available pool
the most comprehensive tool for game development in Ireland to date and touches of talent and established infrastructure. From
preparation available today.” on why a great variety of high-growth its Dublin base, the firm is well-positioned
companies are choosing Ireland. “From our to realise its full potential as a top performer
Which a penchant for driving innovation experience, Ireland attracts talent from all when it comes to delivering innovation.
in team performance and live sports data, ReliaQuest.com
STATS will continue to play an important

55 ISSUE 15

OPINION

Prof Luke O’Neill, Chair of Biochemistry at TCD, and
co-founder of Sitryx, reflects on what gives Ireland its

edge on the international stage.

the outstanding people. The best
Minutes
systems, internationally, give
In the 19th century Ireland was
really eminent in science. We had funding to very bright people and
fantastic mathematicians like Sir
William Rowan Hamilton, whose they will do useful things with that
work was of major importance to
the field of physics. Great physicists money. There has been a shift
were in Ireland at that time, great
medical research was happening. towards applied research, which
Then Dublin went into a decline, and
on the upturn, it was the arts and can be seen in a negative light. I’m
writers that shone. Science was on
the back burner in a way, probably not against applied research—it Prof Luke O’Neill
due to lack of funding. And so is wonderful if discoveries can be was a speaker at the
scientific activity dropped off. made and commercialised, but you annual Ireland’s Edge
cannot neglect basic fundamental conference.
Since around the turn of the research. It is essential; that is www.irelandsedge.net
millennium, scientific activity in
Ireland has really taken off again where the really outstanding
and we are now at a very high
level. Clarivate Analytics have science comes from. You
just published their annual Highly
Cited Researchers (HCR) list, have to fund fundamental
highlighting the top 1% of influential
scientists who have consistently science to see the real
won recognition from their peers
around the globe. This year Ireland breakthroughs. The
had 33 people on that list, the
most ever, three of whom are people on the HCR
immunologists from Trinity, myself list are fundamental
included. This shows how well we
are performing as a country. There We are 9% redhead.researchers and this
were also 10 scientists from the APC underlines how much it is
Microbiome Ireland research centre
in Cork on the list. Nanoscience valued internationally.
and agricultural sciences are other
standout areas where Ireland is necessarily; especially university
performing very well at the moment
scientifically. There is no question education. It has to be broader,
that we do punch above our weight
with quite limited resources, and THE JOB OF EDUCATION especially in this day and age, where
that is something to be proud of.
We are 33.3% under 25.I spoke at the Ireland’s Edge
A resurgence in STEAM excellence
is based on supporting the really conference in Dingle, Co Kerry
the real skills are interpersonal,
not technological. If you train

recently about what it is that gives someone to work in a factory that

We are 52% of 25-34 year oldsIreland its edge on the international

stage. There’s something about
technology could become extinct
and that person will be out of a job.

Irish people that mawkesituhs sthanigd her leEvdueclateiodn suhocualdtbioe nab,out drawing
10% above the OECD average.out in a way. Homo sapiens, our
out the talents of people.

species evolved from Africa 200,000 Not everybody can be a leader or

years ago. We have this trait of an inspirational person. There are

Home to the world’s top 10curiosity which marks us out as

special among all the primates,
people who just want to do a day’s
work. But the fact is that robots and

Pharmaceutical companiesand that curiosity exhibits itself in

our inventiveness. Eventually we
automation will replace a lot of lower
value work, the grunt work. There
and 13 ofdiscovered technologies and our thearewlootsroldf jo’sbstop 15that are threatened
MedTech companies.society evolved. The question then

becomes, what about Irish people?
by automation and the real skill
of the future will be interpersonal

Homo sapiens came to Ireland about skills, and how to understand the

We are 100% committed to the EU.10,000 years ago and the people

that evolved here, the Irish, have a
consumer, or get on in a team. Soft
skills will become more and more

great capacity for social activity, we important. An employer wants the

Wmhaaevk’ereeasvugesrreysaugtcosceoendsssaefutolcWRfionhenetuvahmieavdoirwayueloirt,.trywolYdah.onticaduhlkcaanbWseomochmupaoelttouayylnodoeudetcewtoadoan-tbnvintraiitltnguo.gecistnooommtIhreeeetohlcuaiontnmgodfpexa?tnrya.,

getting on with people, and these universities is graduates who are

interpersonal skills are becoming experts in their areas, of course, but

more relevant. also have leadership skills. In future,

The job of education isn’t to this will be as important as imparting

Right place Right timetrain people for the workforcetechnical know-how.

56 INNOVATION IRELAND REVIEW www.idaireland.com

We are 8.6% farmer.

We are 33.3% under 25.

We are 52% of 25-34 year olds
with higher level education.

We are ranked 7th in the world for
the availability of finance skills.

We are 100% committed to the EU.

Ready to talk about passporting from Ireland?
We are. You can count on it.

Right place Right time www.idaireland.com

Availability of skills ranking IMD World Competitiveness Yearbook 2018

FDI jobs in Ireland.
See the bigger picture.

For every 10 jobs created by Foreign Direct Investment
in Ireland, 8 jobs are generated in the wider economy.

There are now over 210,000 people in Ireland working
directly in IDA client companies. But the story,
and the success, doesn’t stop there. Around these
companies more enterprise and more jobs are created.
Ireland’s indigenous entrepreneurs see and seize the
opportunity to create new businesses. Creating new jobs.

IDA Ireland’s ambition is about having ambition for Ireland.
By attracting the best in global enterprise to our shores,
we can create jobs and the perfect environment for
indigenous Irish enterprise to succeed too.
And we can all face the future with con dence.

Right place Right time

www.idaireland.com


Click to View FlipBook Version