Ireland: The most connected place in the world

Ken Finnegan Gerard Whitty Technology, Innovation, R&D Advisor & IoT Lead Director, ASEAN & Taiwan IDA Ireland, Dublin IDA Ireland, Singapore

@IDAIRELAND @IDATECHNOLOGY

• Brief Introduction to Ireland

• IDA Ireland – Role & Responsibilities

• Overview of the ICT sector in Ireland

• Overview of the IoT sector in Ireland

• Ireland’s Value Proposition

• Opportunities for Taiwanese Companies in Ireland

• Questions & Answers

Today’s Agenda

Where is Ireland?

. Taiwan Ireland

Ireland in Focus?

• Independent from UK since 1922

• Capital: Dublin

• Other Major cities: Cork, Galway, Limerick

• Area 70,273km2 (Taiwan: 36,193km2)

• EU member since 1973

• Currency: Euro

• Pop. 4.6m (Republic of Ireland) (Taiwan: 23.5m)

• GDP per cap. USD$43,500 (Taiwan: $43,600)

• Fastest growing economy in EU & OECD in 2015 (7.8%)

IDA Ireland: Structure & Role

Government

Ministry of Enterprise Jobs &

Innovation

IDA Board

- Overseas Offices - Sector Divisions

- Regional Offices

300 staff

Objectives:

• To attract best-in-class foreign direct investment, suitable for Ireland’s national and regional needs

• To assist in the development of existing overseas clients

• To create valuable and sustainable employment

IDA Strategic Business Focus

Information Communication

Technology

Life Sciences

Engineering, Industrial & Clean Tech

International Financial Services

Content Industry, Consumer &

Business Services

Global Business Services

High Value Manufacturing

Research, Development & Innovation

c.1,100 IDA Supported Companies: 166,000 Jobs c. 200 Overseas ICT Companies: 39,000 Jobs

Ireland: A Home to Global Players

Operations in Ireland

• Sales & Tech Support

• R&D / Software Engineering

• EMEA Inside Sales

• SSC / Customer Support

• EMEA HQ

• Product Localisation

• Data Centre & Cloud Services

• Semiconductor Manufacturing

ICT Multinationals in Ireland

The number 1 global location for companies to innovate and develop

their IoT products and services.

Ireland’s Value Proposition

Top International Rankings for Ireland

IMD World Competitiveness Rankings 2015 1st for productivity and efficiency 1st for flexibility and adaptability of workforce 1st for availability of competent senior managers 1st for investment incentives for foreign investors 1st for a national culture that is open to foreign ideas 2nd for attitudes and values 3rd for workforce productivity 4th for real corporate taxes • Ireland top location in the world for Inward Investment

Source: IBM – Adecco 2016 and Global Location Trends Report 2015

• Ireland has the highest proportion of young people who have successfully

completed third level education in the EU. Across the 28 EU member states, 34% of 30-34 year olds have completed tertiary education compared to 50% in Ireland. Source: Eurostat 2015

Ireland’s Incentive Packages

Cash Grants 12.5% Corporate Tax

25% R&D Tax Credit

Client Development Programme

IDA Relationship &

Network

Special Assignment Relief Programme

(SARP)

Sample Opportunities for Taiwanese Companies

in IoT in Ireland

Proof of Concept Test bed for new products & Services

Sales & BD hub for EU/US market

JV Partnership & Collaboration with S/W Innovation & Solution Partners

Covergence Opportunities (Digital Media, Life Sciences, MedTech..etc)

Shared Services / Global Business

Services

Access to clients and R&D

Predict Data Analytics, 4-5 October 2016 http://predictconference.com/

InfoSec Conference, 15 November 2016 http://www.independent.ie/infosec2016/

IOT World Europe 20 – 22 November 2016 https://tmt.knect365.com/iot-world-europe

IoT Events in Ireland Dates for your Diary

Sept – Dec 2016

www.TechIreland.org TechIreland.org is the most comprehensive, public

database of innovation from Ireland

www.techlifeireland A new government initiative developed to

position Ireland as a tech and lifestyle hub and to attract top tech professionals to Ireland

www.siliconrepublic.com Siliconrepublic.com is Ireland’s No.1 resource for technology news and information on all things

tech and innovation in Ireland

Useful Websites

How do IDA Ireland help?

Business case development

Incentives

Service provider advice &

Introductions

Networking into local business community

PR & announcements to help recruitment

Site/property short-listing

Introductions to schools and school

principals

Apartment selection for assignees

Endorsement of Visa Applications

Access to our own network for hiring

Use of IDA offices for interviews

Introductions to similar companies

during due diligence

Sourcing resumes to determine skills

availability

Introductions to local market opportunities

Introductions to careers offices in the

major universities

Advice on where the best places to live are

Advice on labor laws and legislation

Intros to Revenue Authorities

Access to export support services

Yes – advice on where the best pubs

are!

Introductions to academic research

expertise

Access to planning authorities

Telcos

Realtors

Banks

Recruiters

Lawyers

Ken Finnegan Technology, Innovation, R&D Advisor & IoT Lead IDA Ireland, Dublin E: ken.finnegan@ida.ie T: +353 1 603 4013 M: +353 87 240 3732 Gerard Whitty Director, ASEAN & Taiwan IDA Ireland, Singapore E: gerard.whitty@ida.ie T: +65 6238 0774 M: +65 9815 4521