Saturday 18 January 2020

Hi-tech sector puts faith in Ireland with 350 new jobs

IRELAND got a massive vote of confidence from the hi-tech sector as more than 350 jobs were announced by 10 companies in the space of a day.

Despite the controversy that has raged about our tax regime, five firms are choosing to establish international headquarters here.

The announcement of the new positions was the culmination of the first day of the Web Summit, which brought 10,000 internet experts to Dublin.

The companies are being billed by the Government as high-growth and bringing in high-value jobs.

AdRoll, the world's biggest online targeted advertising platform, will set up its European headquarters in Dublin and create 100 jobs.

Fifty jobs are being created by Nitro, a provider of document productivity and workflow solutions, as it also sets up a headquarters, in Dublin.

There are also jobs for Cork and Limerick in a series of announcements supported by the IDA.

The jobs include:

Paddy Cosgrave, Organiser of the Dublin Web Summit
Paddy Cosgrave, Organiser of the Dublin Web Summit
Anne Throphy from Brussles and Sabrina Alessandri from France
Michael Acton Smith, creative director and founder of children’s entertainment company Mind Candy.

* Software provider EtQ is establishing its own European, Middle East and African headquarters in Limerick, creating 30 jobs.

* StorageCraft, a specialist in disaster recovery, is opening its new international headquarters in Cork, with the creation of 30 jobs

* Clio, a cloud-based legal software company is establishing its European headquarters in Dublin, with the creation of more than 30 jobs.

* Zendesk, a provider of cloud-based customer service software, intends to double its Dublin workforce by creating 30 jobs at its development centre and European Data Centre.

Smaller announcements involved Pearl Street Enterprises, one of the fastest-growing marketplace sellers, which is creating 25 jobs at a worldwide headquarters in Dublin.

Minds and Machines, an internet domain name provider, is also creating 25 jobs.

AerData, a provider of software and services for the aviation industry, is to create 15 jobs at its sales and marketing centre in Dublin over the next three years.

"We hope to have the next Amazon, Google and Oracle in this group of companies," said Dermot Clohessy, executive director of IDA Ireland.

The IDA has been targeting what it sees as high-growth start-ups and emerging multinational companies for investment here.

In a sign of the burgeoning sector, Canadian e-book seller Kobo has also opened its European Software Development Centre in Dublin.

The centre, which has been quickly staffed with 30 software developers, will work in tandem with teams in Toronto.

Kobo, a competitor to market leader Amazon, is also partnering with Easons to sell its e-reading devices throughout the bookseller's 60 Irish stores.

Taoiseach Enda Kenny repeated his mantra that Ireland is "recognised as one of the best small countries in the world for business".

The Government has been under pressure over allegations of favourable tax rates offered to US multi-nationals, with Apple in particular under the spotlight.

But Mr Kenny insisted that there were numerous reasons that IT and online companies were eager to come here.


He said: "We are the most open economy in the western world. We celebrate our pro-business environment.

"We support world-class research and development with a competitive and transparent corporate tax rate. Investment into Ireland is now at record levels."

Speaking from the US, where he is on an IDA Ireland investment mission, Minister for Jobs Richard Bruton said: "A key part of the Government's Action Plan for Jobs is encouraging high-growth start-ups and emerging multi-national companies to make Ireland a part of their early growth.

"In the boardrooms this week, companies ranging from high-growth tech companies to household names are saying they see Ireland as a vibrant and dynamic environment in which they can do business."


by Adrian Weckler and Colm Kelpie

Irish Independent

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