Dublin is a major global hub for fund administration, aircraft leasing, insurance and a range of wholesale banking activities. Many financial services firms have made the city their home. Overall, Ireland is the fourth largest provider of wholesale financial services in the EU. The country’s robust regulation and skilled workforce attracts them here. Excellent investment and tax incentives help too. The combination of a 12.5% corporate tax and an exceptionall
Dublin is most definitely a tech hub. And its reputation is well-deserved since efforts have been made to attract leading tech companies for decades.
Way back in November 1956, IBM was the first American tech company to set up an Irish subsidiary in Dublin. (It still has a large presence here today.) The following year, Swedish multinational Ericsson invested in facilities here too. Then, in the decades that followed, big names like Hewlett Packard, Dell, Microsoft and SAP followed suit.
Today, the industry employs over 37,000 people throughout Ireland and generates €35 billion in exports every year. Dublin city is home to the operations of dozens of household names, from Google and Amazon, through to Facebook and TikTok. Many other tech companies from the US and even further afield continue to follow suit.
What tech companies have invested in Ireland?
- The top 5 global software companies
- 9 of the top ten US technology companies
- Top 3 global enterprise software companies
- 4 of the top 5 IT services companies
(Source: IDA Ireland)
Why tech businesses choose Dublin?
- A skilled workforce of high-quality tech and multilingual talent is readily available
- The city is home to a rich tech startup ecosystem
- The Government invests heavily in R&D, much of which goes towards tech innovation
- There’s a ton of tech-focused incubators and accelerators in Dublin
- The city’s open culture and diverse population is a big plus for modern tech titans
For all these reasons and more, increasing numbers of tech companies are investing in Dublin. With its proven track record as a long-term destination for tech giants like IBM and Microsoft, it makes complete sense. That’s why tech is one of Dublin six key industry sectors.
Large companies in this sector
Ireland is a global centre for life sciences. In fact, it is one of the top three global exporters of pharmaceutical products in the world. Significant investments are made in pharma, biotechnology, medical devices and diagnostic operations on a country-wide basis. Dublin itself has a proven track record for nurturing its world-leading science, engineering and health sectors. That’s because our pool of well-educated STEM professionals attracts the world’s most cutting-edge multinationals. Links with local universities also helps boosts investment in R&D. As a result, our exports in this sector are worth a phenomenal €80 billion each year. What companies have i
While Dublin’s art and recreation sector doesn’t draw much FDI itself, it is a key aspect of what makes the city so appealing to investors. Dublin has long been famed for its rich culture, vibrant arts scene and never-ending choice of enjoyable events. From world-class museums and galleries, through to original