Friday 15 December 2017

EMC global revenue soars by 18pc in Q3


CLOUD computing firm EMC, which employs 2,500 people in Ireland, yesterday reported an 18pc increase in global third-quarter revenues over the same time last year. The US technology giant, which employs 50,000 people worldwide, said third-quarter consolidated revenues were $4.98bn -- an increase of 18pc compared with the year-ago quarter. Net income increased 28pc year-on-year to $606m (€441m).

Connemara Mining in new joint venture


CONNEMARA Mining, the Irish AIM-listed zinc exploration company, has announced a joint venture deal with Boliden Tara Mines -- a subsidiary of Swedish metals company Boliden AB. The joint venture concerns the development of Connemara's Oldcastle Block of licences in Cavan and Meath. Under the terms of the agreement, Boliden Tara Mines can earn a 65pc stake in the ground. The fifth-largest zinc mine in the world is located in Navan, Co Meath, and is operated by Boliden Tara Mines.

Setting new world standards in energy


A new energy management standard officially launched yesterday by the National Standards Authority of Ireland (NSAI) could influence up to 60pc of the world's energy use, an energy conference heard yesterday. ISO 50001 was launched to coincide with World Standards Day, which celebrates the development of International Standards that facilitate trade and disseminate technological advances.

Councils, college link for capital idea


DUBLIN'S local authorities and NUI Maynooth have linked up to allow businesses, technologists, app developers, researchers and entrepreneurs to use public data to generate new revenue streams and address regional challenges. "Dublinked" sees previously unreleased public operational data being made available online for others to research or re-use. With the initial data coming from Dublin City Council and Dun Laoghaire Rathdown, South Dublin and Fingal County Councils, it is expected that other public and private organisations in Dublin will link up with Dublinked to share their data and invite research collaborations.

Irish Independent

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