South East of Ireland a good place to invest for a tech firm?
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 broadband coverage, proximity to third level institutions and research facilities, all supported by high-quality infrastructure.
The continued success in attracting a higher share of foreign direct investment, when compared per capita to other regions and countries, is reflected in the ability of government, stakeholders and citizens to adapt to, and capitalise on, the opportunities presented as business models shift and new growth areas emerge.
According to a recent Ernst & Young survey, the Southeast region, at 41%, trailed second only to Dublin as an attractive location for future inward direct investment. By being open to global markets and providing a multitude of access points for investment, across a wide range of industries, sectors and services, the South East of Ireland has created an atmosphere where businesses choose to relocate and where people want to live and work.
The South East of Ireland is home to many institutions providing start-of-the-art innovations in technology research and development. Enniscorthy Technology Park (Wexford) and IDA Business & Technology Park (Waterford) assist with the expansion of developing business in the technology and service industry sectors. Facilitating small to medium enterprises, these institutions continue to attract new technological minded driven companies into the region further developing the local tech ecosystem.
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