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BUSINESS NEWS
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Minister Michael Ahern publishes eBusiness Strategy
December 30, 2004
Minister Michael Ahern publishes eBusiness Strategy
“Failure to exploit full potential of new technologies will result in higher costs, missed opportunities, and loss of business” – Minister Ahern
The Minister for Trade and Commerce, Mr. Michael Ahern, T.D., today (Thursday 30th December 2004) announced the publication of a new national eBusiness strategy. The aim of this strategy is to assist and encourage SMEs and micro-enterprises, outside of the Information Communication Technology (ICT) related sectors of the economy, to use ICTs in a way that will maximise their competitive advantage.
Announcing the new strategy, Minister Ahern said “virtually all Irish enterprises have access to computers and the Internet. However, we are concerned that they are not deriving the full potential from these technologies. Businesses must now recognise that this as a major competitiveness issue”.
“ eBusiness is about applying technology to business processes to reduce costs, to improve customer value and to find new markets for products and services. A failure to recognise this will result in higher costs, missed opportunites and loss of business”, the Minister cautioned.
“ Large private companies and major public sector purchasers are doing more of their purchasing online. If the firms who supply them cannot adapt to this new way of doing business they will lose out to competitors who can and do adapt”, the Minister added.
Obstacles to more effective usage of ICTs by SMEs and micro-enterprises identified in the work on developing the strategy include, lack of appreciation amongst owners/managers of the contribution that ICTs can make to their business, lack of ICT management skills, lack of time to acquire them, difficulty in accessing independent advice and the costs associated with acquiring and maintaining IT systems.The strategy contains a series of recommendations for work to be undertaken by the Department of Enterprise Trade and Employment in conjunction with the enterprise development agencies to help overcome these obstacles. A Working Group is being established to oversee implementation of the recommendations. This Group will be required to submit a report to the Minister for Enterprise, Trade and Employment before the end of 2005.
December 9, 2004
Enterprise Ireland supports €29m investment by 17 Irish companies
€17m investment in R & D
495 new jobs created — Innovation key to future growth
Mr Micheál Martin, Minister for Enterprise Trade and Employment today (Thursday, 9th, December) announced that Enterprise Ireland has made significant investments in support of innovation, international market and business development in the first half of 2004 in 17 Irish companies, involving a total investment of €29m. This will result in the creation of approximately 495 new jobs over the next 3 years. Over half (€17m) of this investment will be linked to applied R & D in 9 companies.Making the announcement, Minister Martin said: "Internationally trading Irish companies are substantial contributors to growth, wealth and jobs in the Irish economy. The companies announcing new investment and jobs today demonstrate the diverse character of Irish industry. Established companies like Burnside Hydracyl and Burnside Eurocyl in County Carlow, Combilift Ltd in Clontibret, Co. Monaghan, Mergon International in Castlepollard, Co Westmeath and Sigma Wireless Technologies in Dublin have underpinned their growth by a continued and increased commitment to R & D and innovative approaches to product development. Others like Ecom Interaction Services Ltd in Clonakilty, Co.Cork and Prime Carrier in Dublin were established within the last five years. Ecom offers a multilingual outsource service while Prime Carrier are operating in the highly competitive software sector where Ireland is regarded as a strong player internationally.
“All demonstrate an ambition to respond to changing market demands by investing in Research & Development, training and business development needs. The focus on R & D is particularly important for Irish industry. In the years ahead successful companies will have developed a deep understanding of their customer needs and will invest on a continuous basis in applied research to deliver innovative customer solutions. Increased research and development, in particular highly focused applied research with business-to-business and business-to-college collaboration, is absolutely crucial in maintaining the momentum already underway. Minister Martin added.
“The importance of Irish industry to regional development is clearly evident as 14 of the companies are located outside Dublin. Irish owned businesses are critically important in creating jobs and generating economic activity in regional cities, towns and villages across the country. It is particularly important that these companies are creating challenging jobs at a regional level which are necessary to attract and retain a high skilled workforce”, Minister Martin concluded.
Frank Ryan, CEO, Enterprise Ireland said: “These companies represent significant investments made by Enterprise Ireland in the first half of 2004. During the same period, Enterprise Ireland also supported investments in approximately 550 companies in activities such as market investigation, R & D and training. Achieving and sustaining competitiveness is crucial for Irish companies to win new sales in highly competitive global markets. Strategic investment to build the capability to innovate and sell will position these companies to compete at an international level for new business opportunities”.
* The investment of €29m refers to the total investment by the company, Enterprise Ireland and other investors.
Enterprise Ireland supported companies undertaking R & D investment:
Company Name Number of Jobs
1. Burnside Hydracyl (Ballymoon) Ltd, Bagenalstown, Carlow 18
2. Burnside Eurocyl Ltd, Carlow 23
3. Combilift Limited, Clontibret, Monaghan 52
4. Dromone Engineering Ltd, Dromone, Oldcastle, Meath 20
5. H2H Care Limited, Dun Laoghaire 39
6. JFC Manufacturing Company Ltd, Weir Road, Tuam, Co Galway 47
7. Mergon International Limited Castlepollard, Westmeath 7
8. Prime Carrier Ltd, Dublin 8 20
9. Sigma Wireless Technologies, Finglas, Dublin 11 72Enterprise Ireland supported companies undertaking business development investment including market investigation, business expansion and human resource development:
Company Name Number of Jobs
10. Aughey Holdings Ltd., Monaghan Town, Clones and Tullamore, Co. Offaly 22
11. Deep Insight Limited, Blackrock, Cork 24
12. Ecom Interaction Services Ltd, Clonakilty, Cork 25
13. Intermed Precision Ltd., Gort, Co. Galway 22
14. Kepak Cork, Watergrasshill, Cork 35
15. Lir Chocolates Ltd, Navan IDA Business Park, Navan, Co Meath 46
16. Ovelle Limited, Dundalk, Louth 12
17. 12 Travel.com Limited, Castletownshend, Cork 11 11
Company Activity Description
Aughey Holdings Ltd., Monaghan Town, Clones and Tullamore, Co. Offaly - Wire mesh, screen boxes, mobile screens and crushing equipment.Burnside Hydracyl (Ballymoon) Ltd, Bagenalstown, Carlow - Manufacturer of hydraulic cylinders.
Burnside Eurocyl Ltd, Carlow – Manufacture hydraulic cylinders for OEM’s in the construction industry.
Combilift Limited, Clontibret, Monaghan - Design and manufacture of diesel and LPG powered 4 way directional forklift trucks for handling long loads.
Deep Insight Limited, Blackrock, Cork - Analytical Customer Relationship Management (CRM) solutions.
Dromone Engineering Ltd, Dromone, Oldcastle, Meath - Manufacturers of specialist attachments for the construction and agriculture industries
Ecom Interaction Services Ltd, Clonakility, Co Cork - Telemarketing – third party contact centre services through its web-enabled call centre.
H2H Care Limited, Dun Laoghaire - Develop and provide web-based solutions for healthcare organisations. products include e-booking, e-scheduling and integration products.
Intermed Precision Ltd., Gort, Co. Galway - Medical Devices and instrumentation.
JFC Manufacturing Company Ltd, Weir Road, Tuam, Co Galway - Extruded land drainage pipes and plastic roto-moulded containers, troughs and tanks for agricultural and construction industry.
Kepak Cork - Production of “Heat and serve” a new innovative food product
Lir Chocolates Ltd, Navan IDA Business Park, Navan, Co Meath - Premium quality handmade chocolates.
Mergon International Limited Castlepollard, Westmeath - Blow-moulded products and components for range of industry sectors inc. business equipment, power tools, automotive, healthcare and consumer products.
Ovelle Limited, Dundalk, Louth - Formulation, development and manufacture of dermatological, pharmaceutical and healthcare products
Prime Carrier Ltd, Dublin 8 - Margin Optimisation software to fixed line and mobile carriers.
Sigma Wireless Technologies, Finglas, Dublin 11 – Designer, manufacturer and marketer of Antenna and Antenna related product Solutions.
12 Travel.com Limited, Castletownshend, Cork - Web based Online travel services.
Thursday, 2 December 2004, Letterkenny Institute of Technology
Launch of the Cross-Border Business and Innovation Centre
Address by Mr. Micheál Martin T.D., Minister for Enterprise Trade and Employment
I would like to thank Gerry McGuckian and Chris Coughlan for their kind welcome and to thank Ultan Faherty for his introduction and invitation to this event. I am very glad to be here in Letterkenny Institute of Technology today to mark the official launch of the Cross-Border Business and Innovation Centre, a new initiative between WESTBIC and NORIBIC, which is intended to enhance economic development in the North-West region.
I am particularly pleased that this official launch is simultaneously taking place in Derry, hosted by NORIBIC, which underlines the cross-border and cooperative nature of this initiative. This event is a novel occasion using the benefits of technology to facilitate a joint launch and it is indeed a pleasure to be able to address guests from Letterkenny and Derry. I note that there will also be contributions from a European perspective to this event and I wish to extend a warm welcome to the beautiful North-West to those speakers.The Business and Innovation Centres on the island of Ireland provide a regional structure of support to innovative SMEs and entrepreneurs. I am aware that WESTBIC and its counterpart in Northern Ireland, NORIBIC, have been cooperating together for over ten years. They recognised that through cross-border co-operation they could improve the delivery of their services in the North-West region. The establishment of the Cross-Border Business and Innovation Centre marks a significant expansion in their ongoing partnership and extends their service provision to include a defined cross-border focus going forward.
Since its inception WESTBIC has provided tailored support for enterprise creation across a range of industry sectors, as well as business and community development activities. WESTBIC operates from seven regional offices located in the Border, Midland and Western region, with an office here in the Letterkenny Institute of Technology, and provides locally based support for enterprise development and community groups. It is a specialist provider in the Irish Government’s portfolio of supports to indigenous industry, particularly for start-up and early stage enterprises and works in close co-operation with the economic development agencies, the third level sector and other organisations in the region.
The development of the Cross-Border Business and Innovation Centre is an example of how we can harness cross-border cooperation to our mutual benefit. It will facilitate the development of company-to-company cross-border trade, joint ventures, cross-border clusters and joint delivery of innovation focused programmes. We have heard of the benefits available to SMEs in the North-West region and I would encourage businesses in the region that wish to develop a cross-border opportunity to tap into this dedicated resource and expertise that will be available to them.
The concept of a Business and Innovation Centre was launched by the European Commission’s Directorate-General for Regional Policy in the early 1980s to address the challenge of how to turn innovative entrepreneurial projects into successful businesses, adding long term value to regional economies. Its success can be evidenced by the fact that there are now more than 160 European Commission recognised Centres in the regions throughout Europe.
The Irish Business and Innovation Centres have made a significant contribution to the development of the indigenous business sector in Ireland. They enjoy strong public and private sector support as well as an extensive and well-organised network with their European counterparts. Enterprise Ireland and the Irish Business and Innovation Centres have formed a very good working partnership as they provide a complementary approach to achieving a common objective of balanced regional industrial development, the promotion of entrepreneurship and innovation and support for potential knowledge based start-up companies.
In order to improve even further on the services they can provide to business, Enterprise Ireland and the Irish Business and Innovation Centres have recently agreed a Memorandum of Understanding. This sets out a number of areas of proposed enhanced cooperation and this agreement will form the nucleus of a new working relationship between Enterprise Ireland and the Centres.
Cross-border cooperation is making a valuable economic contribution to the North-West region and across the island of Ireland. One of the benefits of the peace process over the past decade has been the expansion of the level of trade between North and South. The extent of the growth in North/South trade can perhaps best be illustrated by the fact that over the past ten years the total level of trade between the two parts of the island has grown by 35 per cent. In 2003 the value of cross-border trade on the island was €2.4 billion. Behind this figure is the fact that many businesses have realised the potential of cross-border trade, and that such trade supports employment in those businesses, which are located right across the island.
I believe it is important to emphasise that trade figures by themselves do not capture the full extent of the mutual benefits that are to be reaped from closer economic and business links between North and South. Indeed, it can be argued that equally important benefits for businesses in both jurisdictions will come from sharing knowledge resources, market intelligence and technological capabilities. This will strengthen the competitiveness of those enterprises both locally and regionally.
In order to ensure that we maximize the full potential of such economic cooperation, InterTradeIreland, one of the North/South Bodies established under the Good Friday Agreement, is leading the development of the island economy in the areas of North/South trade and business development. It is implementing a comprehensive range of all-island initiatives and the benefits of North/South collaboration can be seen in diverse areas such as technology and knowledge transfer, supply chain, public procurement, benchmarking, sales and marketing.
As both North and South share the same strategic objective to harness continued economic success from research, innovation and knowledge, it makes sense to address the economic opportunities and competitiveness challenges on an island of Ireland basis where such collaboration is of benefit to all. As the dynamic of the island economy grows it is important to encourage businesses to pursue cross-border opportunities and equip businesses with sufficient knowledge in order that they can develop and improve their marketing and selling in the other jurisdiction, as well facilitating the establishment of joint ventures and other cross-border initiatives.
There are significant economic benefits to be gained from sharing our knowledge resources and building enterprise capabilities through collaborative North/South networks. As a means to achieve this InterTradeIreland has been to the fore in developing all-island networks, which involve the exchange of knowledge between firms, industries, universities and other centres of excellence. The report of the Enterprise Strategy Group in the South also recognised the potential of collaborating at a business network level and recommended the development of all-island business networks where complementary strengths are identified.
There are many fine examples of impressive cross-border cooperation between the business communities here in Letterkenny and Derry and also in the wider North-West region. The respective long-term spatial development plans for North and South recognise the North-West as a region with an important interdependent cross-border dimension. Therefore the launch of the Cross-Border Business and Innovation Centre is a most welcome development and will add another significant initiative to promote enterprise and innovation in the North-West region.
This important initiative has received support from the EU Programme for Peace and Reconciliation and is a very good exemplar of a network that combines North/South expertise and knowledge to assist enterprises in the North-West region.
In conclusion, I would like to warmly welcome the establishment of Cross-Border Business and Innovation Centre and to wish it every success. I congratulate WESTBIC and NORIBIC in establishing this joint initiative. I have no doubt that it will indeed prove a great success in terms of promoting cross-border business collaboration and expansion. Thank you.
November 29, 2004
Three new investments for Midlands Region
A total of over 170 new jobs for Roscommon, Athlone and Longford
Minister for Enterprise, Trade and Employment, Micheál Martin T.D., today (Monday 29th November 2004) announced four new IDA Ireland supported investments which will be located in Roscommon, Athlone and Longford. A total of over 170 new high calibre jobs will be created in a range of new knowledge-intensive and skill-based activities at three new facilities and the expansion of an existing operation.Minister Martin said “the diverse nature of these investments and their locational spread is a further endorsement of Ireland’s ability to attract leading-edge high-value investments across a range of sectors and to provide the calibre of people and infrastructure required to support such activities at regional locations.”
Innocoll Inc, of the US, a privately-owned specialty pharmaceutical company, is establishing two facilities. In Roscommon Town, it is investing €6 million in the establishment of a knowledge-intensive worldwide R&D and Manufacturing Centre for specific products, which will create up to 60 jobs over four years. In Athlone, it is to establish its European Sales and Marketing Headquarters, which will create up to 16 jobs over two years. 70% of the total jobs will require third-level qualifications.
Conor Medsystems, Inc, of the US, a developer of innovative controlled vascular drug delivery technologies, is to invest over €1 million for the establishment of a Centre in Athlone. It will manufacture and distribute drug eluting coronary stent products and expects to create up to 40 jobs over three years, 50% will require third-level qualifications.
Cooper Cameron Corporation, of the US, one of the world’s leading manufacturers of products for the global oil and gas exploration industries, in a strategic expansion at its Longford facility, will establish it as a global centre-of-excellence for certain technologically advanced products, which could create 57 jobs over five years.
Note for EditorsInnocoll Inc
Innocoll Inc is establishing two new facilities in Roscommon Town and in Athlone, Co. Westmeath. “These are important additions to Ireland’s healthcare sector. At Roscommon the R&D team will promote interaction with third level institutions and all new Intellectual Property (IP) developed will reside in Ireland,” said Minister Martin.In Roscommon Town, Innocoll’s new Centre at the IDA Business Park will be the company’s primary R&D and Manufacturing Centre worldwide for all current and future drug delivery products based on collagen. The new jobs will be in high level R&D, engineering, management, quality and manufacturing. It will provide the company with extensive R&D capacity, clean-rooms and manufacturing capabilities at both laboratory and commercial scale.
In Athlone, the Headquarters, located at the IDA Business & Technology Park, will market and sell products developed by the Roscommon operation and through product acquisitions which have an overall fit with Innocoll’s core product portfolio. The new jobs will be in sales, finance and logistics.
Mr. Michael Myers Ph.D, President & CEO of Innocoll Inc., said “Expanding our operations into two distinct business divisions represents yet another significant milestone in the transition of Innocoll from a contract manufacturing organisation to a fully integrated specialty pharmaceutical company. We hope to recognise significant advantages by establishing both divisions in Ireland. We will have the capacity to rapidly develop, commercialise, and market our exciting product pipeline and the close proximity to several major research centres will provide Innocoll with valuable access to technical and academic resources.”
Innocoll Inc is engaged in the research, development and commercial supply of innovative products for the treatment of pain and infection. Its lead product, Collatamp® G, is an implantable, antibiotic-containing collagen sponge for the treatment and prevention of hard and soft tissue infections. The sponge is surgically implanted, gradually delivering a predetermined dosage of antibiotic over a 2-4 day period. The sponge is fully resorbed by the body, and has the added benefit of the healing properties of collagen. Collatamp G is also being developed by Innocoll for the treatment of diabetic and infected leg ulcers. Both Collatamp G and Innocoll’s pipeline products are based on its proprietary drug delivery technology CollaRx™.
Conor Medsystems, Inc
Conor Medsystems, Inc, is establishing its Centre in an existing privately developed 27,000 sq. ft. facility, which will house a clean-room, laboratory and offices, at the IDA Ireland Business & Technology Park, Athlone, Co. Westmeath. It will manufacture and distribute the company’s drug eluting coronary stent products used for the treatment of coronary artery disease. It will employ highly skilled technicians and engineers, as well as people with management and logistics experience.Minister Martin said “Ireland has proven to be a successful location for many of the major players in the drug delivery sector. Conor Medsystems chose to locate in Athlone having learned of the positive experiences of these companies following a number of visits to the Midland Region. Conor Medsystems is in line with IDA’s strategy of attracting companies earlier in their life cycle than would be the norm, thereby establishing the company in Ireland at an early stage in its development.”
Additional information on Conor Medsystems is available on www.conormed.comCooper Cameron Corporation
Cooper Cameron Corporation’s strategic investment in its Longford facility, Cameron Ireland Limited, will realise significant benefits for the Irish operation. As the global centre-of-excellence for products such as choke valves and actuators, it will be responsible for the procurement of strategic materials and will be the Engineering Leader for these products. In addition, the production of existing products will be expanded by up to 20% and new products will be added. The new jobs will be in engineering, production, quality, purchasing, sales, marketing and manufacturing.
Minister Martin said, “this expansion is a strong endorsement of the Irish company. It will increase its strategic role in its parent’s worldwide business and will further consolidating the operation in Longford.”
Cameron Ireland, established in 1977, is a world leader in the production of choke valves for exploration companies worldwide and is now the largest producer of these products within its parent Corporation. It provides high-calibre employment for 140 people in Longford. Its products are manufactured to the highest international engineering and safety standards, as they are used in very hostile environments and under extreme operating conditions.
Mr. Robert Walker, Plant Manager, Cameron Ireland, said, “We are delighted with this investment and I thank my management team and workforce for their commitment in making this a productive and flexible facility which has met all its targets, and which delivers with the responsiveness and quality required in our business. This was the major influence in our being chosen for this strategic investment.”Cooper Cameron Corporation of Houston, Texas, has technological leadership in its business for certain of its products. It was formed in 1995 and serves the oil and gas industries in over 100 countries, including virtually every major petroleum producing area in the world. It has 7,000 employees, with manufacturing plants and service centres at more than twenty locations across the world. It has annual revenues of around $1.5 billion, with a net income of $60 million and is listed on the New York Stock Exchange.
Dell expansion creates largest customer and technology support centre in Ireland and adds 420 new jobs
“Significant further commitment by Dell to Ireland” – Martin
Minister for Enterprise, Trade and Employment Micheál Martin T.D., today (Friday 26th November 2004) announced that Dell, the world’s number one manufacturer and direct seller of computers, is to expand. As part of this expansion it also plans to consolidate its current operations in Bray/Cherrywood at a new facility in Cherrywood, Loughlinstown, Co. Dublin. The Cabinet has approved IDA Ireland support for this expansion, which will between now and 2007 create 420 new jobs and bring employment at the operations to 1,650 people.
The investment will result in the creation of an EMEA Business Centre and the state-of-the-art facility at Cherrywood will be the largest customer care and technology support centre in Ireland and can accommodate circa 1,950 staff.Minister Martin said “This is a significant further commitment by Dell to Ireland and involves a substantial deepening of the role the Irish operation will fulfil in Dell’s highly successful European business. It is a major testament to the quality of Ireland’s workforce As such it further highlights Ireland ’s ability to support knowledge-intensive, high skill business.”
This investment will further develop the existing operations from a mid-value centre, serving predominantly the UK and Irish markets, to a high value EMEA (European, Middle East and Africa) Business Centre. The facility already includes an EMEA Enterprise Expert Centre and an EMEA Marketing Studio but moving forward it will also include the addition of a number of functions in areas such as sales, orders, IT field services and development, marketing, communications.
Mr. Tim McCarthy, Dell’s General Manager, Ireland said “We in Dell are delighted to be making this further commitment to our Irish operation, which has already played a major role in our success as a global business. The decision was influenced in large part by the continued high performance of our Irish based employees and the quality of the relationship that we enjoy with the Irish Government and its agencies.”
Note to Editors.
Dell Inc. (NASDAQ: DELL) is a premier provider of products and services required for customers worldwide to build their information-technology and Internet infrastructures. Company revenue for the past four quarters totalled $47.3 billion. Dell, through its direct business model, designs, manufactures and customises products and services to customer requirements, and offers an extensive selection of software and peripherals. Information on Dell and its products can be obtained at www.dell.ie.About Dell Ireland
Dell's European manufacturing operation is located in Limerick with a UK and Ireland sales and support centre at Bray and Cherrywood. The company has been established in Ireland since 1990.
Dell’s significant value to the Irish economy, for the year ended January 2004, totalled over €200 million, in salaries, purchase of raw material and services and its contribution to the exchequer.
Irish employees provide a range of advanced services including:
* EMEA Applications Solution Centre, Limerick. A "proof of concept" laboratory where corporate customers from across EMEA can simulate complex networked applications on Dell server and storage equipment in advance of purchase.
* EMEA Expert Centre, Cherrywood. This group of multi-lingual system consultants provide high-level Enterprise support for complex data centres, clustered, large storage and rack dense enterprise environments.
* EMEA Marketing. Bray is home to the majority of the centralised EMEA marketing team who are responsible for online development, pricing, product marketing, business analysis and the creation, design and production of EMEA-wide advertising and direct mail campaigns.
* Dell operates the EMEA Focalpoint exhibition centre in Limerick where corporate customers can visit to see the Dell direct model at work, incorporating a detailed factory tour.
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