Home > Technology > Ireland’s tech start-up sector remains strong

Ireland’s tech start-up sector remains strong

Written by Robert McHugh, on 3rd Nov 2015. Posted in Technology

article headline

New figures from Vision-net.ie show that 1,185 tech company start-ups have been formed in Ireland this year so far.
 
Almost a third (32%), or 380 start-ups, specialise in software consultancy and supply, while 21%, or 246 start-ups, specialise in “other information service activities”.
 
Dublin accounts for over half—57%—of all tech start-ups formed this year (671), followed by Cork with 8% (93) and Galway with 5% (54).

Together, these counties account for almost 7 out of 10 of all new tech start-ups formed in Ireland this year.
 
Managing Director of Vision-net.ie, Christine Cullen said, "Ireland’s IT sector continues to go from strength to strength, aided by continued State investment in start-up companies and a supportive network of multinationals, like Google and Facebook, offering mentorship and investment of their own.

"There remains a very strong concentration of tech start-ups in our three main cities of Dublin, Cork and Galway. While extremely positive for these cities, we equally need to promote and create the environment for increased tech start-ups in the regions." 
 
Source: www.businessworld.ie 

More articles from Technology

image Description

Irish social network GirlCrew eyes international expansion

Read more
image Description

Ireland will be 'a go-to location' for businesses needing to interconnect within EU

Read more
image Description

112 new .ie domains registered every day in first half of 2017

Read more
image Description

Facebook expands Marketplace trading service to Ireland

Read more
image Description

Ward Solutions invests €300,000 to launch new GDPR consultancy service

Read more