NEWS Taoiseach welcomes Microsoft’s new commitment to Ireland
Taoiseach Simon Harris recently joined James O’Connor, Microsoft Ireland site leader and corporate vice-president of Microsoft Global Operations Service Centre, and IDA Ireland chief Executive, Michael Lohan, to announce that Ireland has been selected as a key location for Microsoft to invest in advancing its global AI innovation. The investment will see Microsoft undertake critical, leading-edge technology in the area of AI and cyber security, which will then be made available to public and private sector organisations all around the world..
This investment will result in an additional 550 new highly skilled jobs at Microsoft Ireland over the next three to four years. with the addition of these roles, the company will employ more than 6,000 people across a multifunctional campus in Leopardstown, its data centre campus in Grange Castle, and LinkedIn. Taoiseach Simon Harris said: “I very much
welcome Microsoft’s announcement. Not only does this highlight Ireland’s attractiveness as an investment destination, it also promises a “Fostering AI skills and advancing capabilities in
Irish Medtech call for new government to introduce national healthtech strategy
Irish Medtech, the Ibec group that represents the sector, has called for the new government to introduce a national healthtech strategy ahead of the national Irish Medtech director Eoghan Ó Faoláin said: competing with the likes of Massachusetts, Minnesota and California in the USA. “Our success is over a century in the making, with the greatest employer of medtech professionals, per capita, in Europe with “But we cannot be complacent or risk losing hard-won gains as other economies are trying to attract medtech investments and jobs.” Mr Ó Faoláin said general elections provide an important opportunity
opportunities seized. “That is why Irish Medtech has developed its ‘Priorities for Government’ with its board and members to set out our recommendations in the face of business, technological, demographic, and political change, to ensure that Ireland’s global medtech hub thrives,” he said.
help develop new specialist skills and expertise, thereby positioning Ireland for further investment in this critical area.”
Irish factory activity picks up as output and new orders grow
Irish manufacturing activity was boosted in October by production volumes and incoming new work, according to a new survey. The AIB S&P Global manufacturing Purchasing Managers’ Index (PMI) threshold that separates growth from contraction. Manufacturers said there was a steady recovery in domestic demand and underlying economic conditions had improved, but export sales dropped for the ninth straight month, which they attributed to weak European demand and overstocked customers. Employment numbers continued to decrease slightly in October, as
have left voluntarily. AIB chief economist David McNamara said the improvement in
business conditions was the fastest since February, and highlighted the broadly positive outlook among manufacturers. The survey found that expectations around business activity for the
forecast a decline.
6 November 2024 Irish Manufacturing
www.irish-manufacturing.com
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