South East of Ireland a good place to invest for a tech firm?
The South East of Ireland
The South East is made up of the five county's of Waterford, Wexford, Kilkenny, Carlow and Tipperary also known as the Sunny South East. This part of the country spans 7198 Km, according to the census the population is 422062 and currently growing. Important cities like Wexford and Waterford had Viking roots, but Kilkenny was founded on a Norman trading town. Ireland's South East boasts some of Europe's longest beaches and several mountain ranges in terms of geography and landscape. Evidence of the Vikings is all around Waterford. South East Tech Companies in the Spotlight - Ireland South East
Growing Ecosystem
Tech centres are emerging in cities like Waterford and Wexford, where support for entrepreneurs and creativity is growing. Examine regional programs and business associations. Agri-food, engineering, life sciences, financial services, ICT, and the creative industries are among the key economic clusters in the Ireland South-East area, which has shown steady growth over the last ten years. In terms of employment creation (2012–2017), the region grew at the sixth-fastest rate in the EU, according to Eurostat data, and at the seventh-fastest rate in terms of gross value added per person. 5G will usher in a connected era unparalleled in Waterford, facilitated by immersive technologies, tactile internet access, and driverless transportation. The Regional GDP in 2017 was estimated at €15,513 million with income per person at 90.5% of the country's average. There is also a 15 million euro investment for broadband in the South East, Waterford City region has one of the youngest populations in Ireland, with 23% of the working age population and the remainder under the age of 18. This will increase as well as growth in retail and technology sectors. SETU in Waterford is one key factor for a young work force it presents great opportunities.
Connectivity
The South East is very accessible part of the country, one main aspect of this is the Eurosport in Rosslare which is Irelands number one port and does 36 sailings a week. There is also an airport in Waterford that recently got and investment 12 million euro to increase the runway which will allow for more commercial flights to land in the South East which will allow tourist and goods to fly directly to the South East. There is a great Bus and Rail system that is connected to all the corners of Ireland and makes accessibility very easy. The road system from Waterford (M9) leads straight to Dublin (M7) and meets the M50 which will lead to Dublin airport. All these transports shows that the South East growing and becoming for popular.
Conclusion
In conclusion these aspects all look good for the growth and the future of the South East, if firms align their goals with the local resources and infrastructure, the South East of Ireland could be a strategic choice for a tech firm.
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