Digital Economy

Enterprise Resource Planning (ERP) integrates the management of business activities  through software systems which store and interpret the data provided from such areas as financial processing, human resources, manufacturing and procurement, unifying all this information on to a single system. Even in SMEs data is abundant, the majority of companies today now use an ERP system to manage their operations. An ERP system serves as a central database, it is able to  analyse  and organise  data thus improving overall performance. Some of the key benefits are: v   Increased Efficiency; v   Sharing of Information; v   Data Protection; v   Error-Free Accounting;​ v   Reduced Operational Costs.  Without such a system in place data is often separated far and wide across an organisation in various applications like emails and spreadsheets. Data on an ERP system is stored in one place making it easy for employees to track down and updat...

A long time ago, in a place before the internet existed, cash was king, we as consumers now progress to making cashless payments via cards, mobile phones and applications, the transition is both familiar and mindboggling. Online payments go back to the mid-1990s, with Stanford Federal Credit Union credited as the first ever to offer online banking. There is much debate regarding the first Ecommerce transaction with the fun fact of Sting getting the award. With the creation of PayPal in 1998, the digital payment platform expanded, offering more efficient ways to send and receive money around the world. Digital payments enhance business transactions by streamlining the process and eliminate cash handling risks. Amazon established its presence in 1994 creating an online marketplace for books and quickly expanded to include a variety of other products utilising the use of online payment technology. The transition from cash was accelerated during Covid 19. Through bank transfers, mo...

Industry leaders and indigenous companies choose the South East of Ireland as a prime regional location to operate in, it affords them a competitive advantage with access to a  pro-enterprise, business driven, environment. The entire location is ideally situated to offer unique opportunities, with a strong technology ecosystem in place, supported by educational institutions and industrial partnerships, the area continues to be a base where market leaders and trendsetters thrive and grow their businesses. With a population of circa 600,000 the South East region of Ireland encompasses the five counties of Carlow, Kilkenny, Tipperary, Waterford, and Wexford. Some of the most entrepreneurial tech firms operating in these areas include Swiss Financial Services Ireland (Waterford),  Infosys BPM (Tipperary and Wexford)   and Ciphertechs Ireland, CyberMaxx (Kilkenny).  These firms have chosen to invest in the South East on the basis of the available skills pool, strong br...