Opportunities for Ireland Post G8

The G8 Summit held on the shores of Lough Erne in Northern Ireland, just a few miles from Enniskillen, is expected to give a boost to the economy on both sides of the border. This summit was hosted by David Cameron representing the UK and attended by the heads of Canada, France, Germany, Italy, Japan, Russia and United States. Enda Kenny, Ireland’s Taoiseach (PM), attended in his capacity as President of the EU.

Enda Kenny was most likely pleased to have the opportunity to be at the summit but with the crafting of the “Lough Erne Declaration” on taxes there may have been some uncomfortable moments for him as well as long term implications for his country. Politicians both sides of the border will have been delighted to have the opportunity to promote tourism in Ireland. The pictures of these world leaders in such a beautiful setting sans umbrellas was a gift.

Northern Ireland is a prime European location for software development and IT support services. According to the FT, specialisation in IT security and financial services technology has attracted investment from places such as the New York Stock Exchange and the Chicago Mercantile Exchange. Universities are expanding IT courses to keep pace with demand and there is a plan to increase the number of IT employees in the province from 28,000 to 50,000 by 2018.

Across the border things are looking up on the IT front with companies in Dublin such as Google, Facebook, Linkedin and Microsoft based there. A lot of the jobs will not be in IT development but in sales, marketing, customer support, management and administration. The arrival of Facebook will also have resulted in an influx of multi-lingual people to support their operations in places like Spain, Italy and the Nordic Countries. Microsoft will have more IT development work taking place at their Dublin campus as will the IBM Smarter Cities Technology Centre.

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