Evolve UK Podcast – Women in Construction

Enterprise Ireland’s Evolve UK podcast series shares market insights to help Irish businesses identify opportunities across the UK.

The ‘She Built That’ initiative was launched to highlight the real influence that women have in the Construction sector. As an industry so often criticised for its lack of diversity, this event highlighted the achievements of women in the sector and looked to inspire the next generation of great women in construction.

One year on, Conor Stone and Kevin Fennelly sit down with the minds behind the initiative, Anne Corr and Niamh Kearney, to discuss the ideation, the execution and the impact of ‘She Built That’.

 

UKCA/CE Marking & How It Will Impact Your Business

 

The webinar, UKCA/CE Marking & How It Will Impact Your Business, discussed the UKCA (UK Conformity Assessment) mark – the new UK product marking that will be required for certain products being placed on the market in Great Britain (England, Wales and Scotland). It covers most products that previously required the CE mark and will be relevant to many of our clients that export products to the UK. 

The UKCA marking came into effect on 1 January 2021. However, to allow businesses time to adjust to the new requirements, you will still be able to use the CE marking until 1 January 2022.

This webinar will be helpful to anyone who wants to understand the complex requirements for UKCA marking and will focus on: 

  • Accreditation and Designation of Approved Bodies including UKAS’s role 

  • UKCA marking and the law: what you need to know

  • The marking and requirements for Northern Ireland

  • Trading with the UK: Product Regulatory Requirements and implications for the supply chain

Data Centres

Data Centres in Southern Europe: significant growth means great opportunities for Irish construction companies

 

Ireland has been a major destination for data centre development since the 90s, when US tech giants all started to base their data centres on the island, attracted by skilled workforce, climate, advanced infrastructure, and a low tax rate. This also created a platform for Irish construction companies to work on major data centre projects both domestically and abroad.

 

All European markets have experienced a boom in data centre ventures. Today this is particularly apparent in Spain and Italy, with both Madrid and Milan fast becoming major destinations in Europe for the development of data centres.

 

“Milan and Madrid have been considered part of the so-called European data centre secondary market, but nowadays this definition should be considered somehow dated, due to the faster growth in terms of capacity of these two markets compared the FLAP-D (Frankfurt, London, Amsterdam, Frankfurt, Paris, and Dublin)”, says Roberto Bettuzzi, Senior Market Advisor, Italy, at Enterprise Ireland. “It’s also worth noting that the two markets are complementing each other rather than competing”.

 

Growth in Spain

Currently, there are 80 active data centres in Spain, with a total of 113MW. The largest area of capacity is in Madrid and its surrounds; and current pipeline predicts capacity to increase fivefold across 14 projects. Barcelona is also experiencing growth in the sector, with projects totalling 110MW capacity in the pipeline.

 

According to Spanish business newspaper Cinco Días, the expected investment in the data centre sector in Spain is $6.837 billion until 2026. Reflecting the growing relevance of the local market, the Spanish Data Centre Association (SPAINDC) was set up in October 2021.

 

Several hyperscale and co-location operators are developing centre centres in Spain – or planning to. The list includes Amazon, Microsoft, Meta & IBM, Digital Realty and Equinix. Google has launched a cloud region in Spain with Telefonica. This led several Irish general contractors and subcontractors to bid and win contracts to work in many of these projects.

 

Growth in Italy

Italy is also enjoying strong growth. Lombardy is the most developed Italian region in the data centre sector, sustained by the strong financial sector located in Milan and high demand for cloud services from business and consumer sectors.

 

Currently, there are approximately 120 data centres in Italy, with a capacity of 151MW, and an additional 33MW under construction that should cover the growing demand. New developments are set to boost the capacity by more than 60%.

 

The area around Milan sees a higher concentration. Microsoft, AWS, Data4, Equinix and Vantage all have data centre projects either announced or under completion. The latest to join was Google, who recently announced the launch of Milano Cloud Region, in partnership with national telco operator TIM. Among local players, the company Aruba is expanding its 200,000sqm campus near Bergamo, while RaiWay announced their plan to build a network of 20 edge data centres across the country.

 

Many large Irish companies are already operating in Italy, including General Contractors like Mercury and Kirby Engineering, and suppliers like Brodeen Fabrication. “Irish companies have long-term experience in working with tech giants in the design, build, and fit out of data centres,” says Roberto, “and therefore when those clients enter into a new market like Italy, they tend to bring that cluster of successful Irish companies in too.”

 

A prosperous future

With such growth forecasted over the next few years in both countries, there’s plenty of room for more ambitious Irish businesses to enter the sector.

 

“For over two decades, thanks to their expertise, Irish construction companies continuously won significant contracts outside Ireland. Now, with the adoption of cloud services booming in both Italy and Spain and operators investing to meet the increasing demand, Irish companies are here to seize the opportunities,” explains Roberto.”

“2020 saw a boom in projects and 2021 confirmed the trend. 2022 sees a consolidation of the ecosystem, with the creation of local data centre associations and the hosting of prominent events related to the sector.

 

Enterprise Ireland’s active role

In May 2022, Enterprise Ireland led a trade mission to Madrid, bringing 13 companies in the high-tech construction sector to participate in the Madrid Platform, where the client had one-to-one meetings with Spanish and Latin American buyers in the construction sector. Besides, on the same days, EI Madrid co-hosted a networking event together with SPAINDC Association.

 

“The event was extremely successful,” says María Jiménez, Market Advisor for Spain and Portugal at Enterprise Ireland. “During the week the Irish client companies had the opportunity to network with all major players in the sector. We are already seeing real results from the event.”

 

Similar events are coming to Italy too. In May 2022, Milan hosted DCN – Data Centre Nation, the first business-oriented data centre event of its kind in the country. The huge success of the event proved how needed was such a platform where the players can meet, network, and build relationships. “In 2023 the event is set to get be even bigger” commented Roberto “and EI Milan is in a dialogue with the DCN organizers to get a more active role in this valuable networking event”.

 

Southern Europe is a location that Irish tech-construction companies should keep on their radar.

 

If you are interested in finding out more about the data centre opportunities in Italy and Spain, please contact Roberto Bettuzzi, Senior Market Advisor in Italy roberto.bettuzzi@enterprise-ireland.com, or María Jiménez, Market Advisor in Spain and Portugal Maria.Jimenez@enterprise-ireland.com

How digital health companies can navigate and enter the NHS

This Enterprise Ireland webinar examines how to successfully enter and scale digital health solutions in the UK market, drawing from the experience of our panel.  

The webinar will outline the key challenges and opportunities for digital health companies entering the NHS from both a supplier and NHS procurement perspective. With expert insights from:

–             Sonia Neary, CEO and Founder of Wellola

–             Niall Rafferty, CEO and Founder Medxnote

–             Dr Sam Shah – Chief Medical Strategy Officer at Numan & previous        Director of Digital Development for NHSX

–             Andy Kinnear – Former CIO, NHS

 

EU initiatives enable Europe to get connected and harness the power of 5G

Summary

  • NextGenerationEU represents an opportunity for Irish companies to break into new markets or scale their presence in existing markets
  • EU member states as part of their national priorities are supporting the rollout of high-speed 5G networks, which in turn is enabling extraordinary growth in cloud computing and other innovative products and services
  • Click or scroll down for more information about the 5G market in:
Belgium France Germany Italy Netherlands Spain

As digitalisation and technological innovation rapidly become both more complex and more widespread, it’s increasingly critical for Europe to have reliable, superfast connectivity. The 5G mobile telecommunications standard not only enables real-time data transmission at scale, but also intelligent real-time networking of products, processes and industrial value creation chains

And that is where opportunity lies, both around products and services that facilitate the rollout of 5G, but also in the more or less endless universe of products and services made possible by these hyperfast mobile networks.

“In the end, 5G is only the connection,” says Raul Marigorta, a Senior Market Advisor for Enterprise Ireland in Spain, who specialises in telecoms and digital technologies. “It’s what we do with 5G that will prove most interesting, whether that is eHealth and remote healthcare, VR and AR in education, smart cities, private network, Internet of Things (IoT) or many other innovations.”

The rapid rollout of 5G across European markets

Following the auction of relevant spectrum, the rollout of 5G has kicked off in most EU markets. While there are more distinct differences between markets when it comes to other aspects of technological innovation, Marigorta explains that 5G is somewhat different.

“Europe in general is quite homogeneous in the development of 5G. We don’t see many differences in the 5G rollout across countries like Italy, France, Germany, Spain, Belgium and the Netherlands. That is because most telecom operators in Europe are mature providers such as Deutsche Telekom, Telefónica, Orange and/ or Telecom Italia, who are well in sync when it comes to 5G.”

How the EU is facilitating digital transformation

Through the Next Generation funds administered through the Recovery and Resilience Facility, the European Commission is actively enabling EU member states to accelerate their digital transitions, including the rollout of 5G, which is a key area for investment.

Of the €723.8 billion in loans and grants it is giving, at least 20% must be spent by member states on digitalisation, although in reality the Commission reports that at least 26% of this funding is going to digital transformation projects.

Much of that funding, in turn, is going to 5G. In April 2022, for example, the European Commission approved €2 billion in funding for Italy’s 5G rollout.

Driving SME digitalisation through cloud services

In 2022, the growth of cloud services will outpace the growth of traditional IT solutions, says Gartner. This makes cloud computing one of the most influential changes in the IT market since the early days of digitisation.

Infrastructure-as-a-service (IaaS) or cloud infrastructure services will grow tremendously in the coming years, as will platform-as-a-service (PaaS) and software-as-a-service (SaaS) cloud computing services. It’s the ongoing rollout of high speed 5G networks that makes this skyrocketing growth possible.

“Enabling SMEs to benefit from cloud technology is a key focus of the Next Generation funding, and it’s an area where Irish firms have strong capabilities,” says Marigorta.

“While Amazon Web Services, Microsoft Azure and Google Cloud dominate the cloud market, there is ample opportunity for Irish firms that can offer products and services to customise and facilitate access to the cloud for SMEs who may have thought they couldn’t use cloud technology,” he explains.

SMEs are not interested in 5G as such, Marigorta points out, but in what this high speed connectivity can enable them to do. “5G is the highway that we need to facilitate cloud adoption by SMEs. If I am an SME owner, I don’t care what the underlying technology is as long as it works. I need to manage my accounting and my clients. I need to develop my operation quickly but in a quality way, and I need to do proper customer service.

“Technology is a key enabler for these classic SME needs, so there is huge space for agile new start-ups that can come up with smart ideas that make the most of fast connectivity and new technology. Irish companies are fantastic at doing this.”

Understand the 5G market opportunity for Irish firms

The strong Irish cluster of cybersecurity firms, for example, has clear opportunities across key European markets as do Irish firms specialising in Open RAN, a technology that facilitates the deployment of 5G. Other thriving areas where Enterprise Ireland has identified significant opportunities for Irish firms include IoT and smart cities.

Among the Irish firms specialising in 5G and connectivity products and services, and thriving in EU markets, are Open RAN radio infrastructure specialists Benetel or Aspire and core cellular network software company Druid Software.

Expert advisors in Enterprise Ireland’s network of offices across Europe, together with its Market Research Centre in Dublin, can support your business as it investigates market opportunities, including by making local introductions and helping you to build your network.

If you are not sure where to start your export journey, get in touch.

Market snapshots

Belgium

While Belgium has lagged in 5G connectivity, that is set to change completely by 2025. Meanwhile, uptake of private cloud and data services is strong.

Proximus, Orange Belgium and Telenet are the main mobile network operators (MNOs), with local private network provider CityMesh expected to become the fourth, following a recent auction of 5G spectrum band. There is limited 5G availability currently, with Proximus offering some pockets of coverage, but that is set to transform following the auction.

The Belgian national strategy for broadband kicked off in April 2021 with full coverage planned for 2025. At present, 65% of the market has access to fibre broadband, with Proximus aiming to cover 70% of premises by 2028.

Private cloud and data services are readily available in Belgium from providers such as Combell, with the country’s wide broadband coverage, fast download speeds and reliable networks making them possible.

According to Statista, 64% of Belgian organisations used cloud solutions in 2018, while 43% of the Belgian population used cloud services in 2019. Both figures have likely grown since.

  • The Federal Public Service (FPS) Economy, particularly the new Broadband Unit in the Telecom department, which will implement the national broadband plan
  • The Broadband Competence Office, which oversees all competences in this area and supervises the implementation of the EU Connectivity Toolbox
  • Mobile network operators Proximus, Orange Belgium and Telenet (and CityMesh once it becomes one)

The EU is providing Belgium with €5.9 billion in recovery and resilience funding, and €480m of that is going towards supporting the digital transition. Quality goes a long way in Belgium and Irish companies have a solid reputation in the telecoms space.

Both factors contribute to this market offering solid opportunities around 5G and connectivity for Irish firms with innovative or best-in-class solutions, especially around:

  • Open RAN
  • private networks
  • Internet of Things (IoT) services.

Partnership with local firms or providing infrastructure, network or IoT services to incumbents may prove the best routes forward for many Irish firms. Cloud or data services providers should look to sell to systems integrators, solutions providers or value-added resellers in particular.

Broadly speaking, Belgium ranks highly in innovation and is a good test market for companies looking to grow into the broader European markets by establishing a local presence or through trade.

With high levels of English fluency, language is not necessarily a barrier to entry here, although it can be useful to have a local partner who speaks French and Flemish. Belgium is an open economy, but business relationships are based on trust, meaning sales cycles take longer than in the UK or the US.

Committing to the market and finding the right market entry strategy can be the biggest challenge for Irish firms. Druid Software, for example, has found success in the market through partnering with Belgian MNO Proximus and others on a number of collaborative initiatives, including an AI-powered safety app for motorcyclists.

Top tip

Come to the market, attend the relevant trade shows, meet the right partners and establish strong relationships. Belgian partners are willing to engage, but in person works best!

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France

As France demands a cloud-first approach, 5G sites and antennas are multiplying rapidly there. That represents real opportunity for Irish firms.

France Relance, the French government’s economic recovery plan, emphasises a cloud-first strategy for the public sector, while the government also announced a €1.8 billion support plan for cloud computing firms in 2021. Many French companies are also embracing the public cloud, despite lingering concerns over data privacy and sovereignty.

Most people in France support the implementation of 5G, with around half of the population expecting to get a subscription, especially to download and swap large files or to use telehealth devices.

Since the deployment of 5G in November 2020, sites and antennas have multiplied, and telcos have initiated the transition to the new generation of mobile phone standards. Marseille and Paris lead in terms of antennas, while 5G coverage remains unevenly distributed nationally.

In March 2022, the French government announced new measures aimed at promoting access to 5G for manufacturers and vertical sectors. The government also wants to simplify access to the 2.6GHz spectrum to stimulate industrial 5G projects, while exploring potential access to the 3.8GHz and 4GHz bands.

Having already funded 31 research and development (R&D) projects to the tune of €478m under the national 5G acceleration plan (launched in July 2021), the government is set to provide a further €47m to seven new projects under the plan.

Irish firms can find particular opportunity in France around:

  • Private networks
  • Open RAN
  • IoT
  • Smart cities
  • Autonomous vehicles
  • eHealth

Likewise, it’s worth targeting businesses engaged in:

  • Industry 4.0 or 5.0
  • 5G use cases
  • Health
  • Data centres.

There are opportunities for innovative products and services. Irish firm Benetel, for example, is providing French telco Orange with radio units for Open RAN development and testing.

Flexibility in product development and collaboration is a real advantage for Irish firms, but be aware of the challenge around access to the 2.6GHz spectrum and enabling 5G private networks.

The French market can be a long sales cycle and requires trust and reliability. It usually helps to have a base in-market, visit regularly, or work with a local partner. No matter what, patience and persistence is key.

Top tip

Work with French experts to overcome complexity around tech harmonisation and spectrum access in France. Alternatively, look to work with systems integrators and operators at the forefront of 5G private network deployment.

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Germany

Leading the way in spectrum allocation, Germany is focusing on the connectivity needs of industry, while also seeking to make 5G available to everyone.

Germany leads Europe when it comes to 5G readiness, or the proportion of relevant spectrum already allocated. Industry needs are the priority, as Germany seeks to modernise production processes through broadband, wireless real-time communications.

The Federal Republic has taken on a pioneering role in networks for local 5G applications (or campus networks), representing an important milestone for German industry

Germany has also pushed to make sure the general population has access to 5G. Telekom says 40m people have been able to benefit from the 5G network since July 2020 and providers are aiming to offer 99% of the population a connection to 5G by 2025.

Providers such as Telekom and Vodafone have already set up many 5G mobile base stations, meaning 5G is already available in some large German cities.

To achieve high coverage with 5G, Telekom and Vodafone are also using Dynamic Spectrum Sharing (DSS), which makes use of existing 4G infrastructure for 5G, depending on demand and particularly outside of cities, where the 3.6GHz frequencies used exclusively for 5G are being used first.

Any innovative or value-adding product or service that helps to enable industrial applications, products and services that harness 5G is likely to be of interest to German customers.

Particular opportunities for Irish companies include:

German business culture is usually risk-averse and new entrants need to show strong commitment to the market. As the market is still fragmented, any company seeking to sell in Germany needs to build a clear go-to-market plan and to identify in-market partners.

This is a competitive market, so it’s vital to articulate a strong USP and be able to show how your offer brings significant commercial benefit.

Bray-based Druid Software, for example, has brought its 5G Raemis platform to Germany where it is partnering with others on cutting-edge 5G projects, including one relating to smart factory research at the University of Kaiserslautern.

Top tip

Be as prepared and committed as you can. Germany isn’t a market for opportunistic sales. If possible, a physical presence there and constant visits to the market for trade shows and direct prospect visits are key for success. This ensures you can take advantage of the long-lasting opportunity the German market offers.

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Italy

Italy is vigorously pursuing digitalisation and cloud adoption, with significant funding for extensive infrastructure and service development.

Italy was a front runner in the EU for the commercial launch of 5G services. All four MNOs (TIM, Vodafone Italia, Wind3 and Iliad) launched 5G networks between June 2019 and December 2020 and have since expanded their 5G services, offering aggressive pricing to capture share in this competitive market.

This high-speed connectivity is vital to Italy’s efforts to accelerate:

  • digital skill-building across its population and workforce
  • the digitalisation of businesses
  • the offering of digital public services
  • the implementation of key e-government processes.

In fact, migrating public administration to the cloud is one of the key drivers of the Italian recovery and resilience plan. Italy is now fourth in Europe in cloud adoption after the Nordics (Eurostat), with the market there worth €3.84 billion market in 2021, €2.89 billion of which related to public and hybrid cloud and €891m to virtual and hosted private cloud.

Italy’s national recovery plan supports the digital transition with a €6.7 billion investment for the deployment of a 5G/fibre high capacity network. That should bring 5G to populated areas, schools and healthcare facilities, with widespread 1 Gbps connectivity by 2026.

The EU Commission has also approved a €2 billion in Recovery and Resilience Facility (RRF) funding for Italy to roll out a high-performing 5G mobile network.

To gain a foothold in the market, Irish companies with relevant offers should look to target:

  • Local telecom operators
  • Large system integrators
  • Local distributors or value-added resellers (VARs) for partnerships in the market.

It’s also worth noting that growth in cloud adoption is being particularly driven by skyrocketing use of platform-as-a-service (PaaS), which was up 31% in 2021. Meanwhile, data centre automation is also a fast-growing area.

Take your time and be prepared. Invest in validating the market opportunity and building the right market entry strategy. Italian customers value strong relationships so it is worth spending time investing in building your network.

Irish firms typically find it useful to have a strong local partner in this competitive market, as this can help shorten the sales cycle, deal with the language barrier and navigate local bureaucracy.

Top tip

Direct relationships matter. Invest time in coming to the market and meeting your counterparts in person.

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Netherlands

While opportunity abounds in this tech-savvy market, regulatory processes may slow down the growth of 5G.

The Dutch rank second in the world for online connectivity, with 98% of households having broadband connection and the country enjoying 95% 4G coverage. About 60% of the country is expected to have 5G services by 2030, with leading MNOs KPN and T-Mobile having launched commercial 5G services in July 2020.

The regulator, the Netherlands Authority for Consumers and Markets (ACM) has been reluctant to set out a comprehensive 5G roadmap while the shape of the future consumer and industrial Internet of Things (IoT) solutions landscape, including security and value chain implications,  is still only sketchily defined. Progress will therefore be slow.

ACM is also studying how well the cloud market is working for people and businesses in the Netherlands, where Amazon Web Services, Microsoft Azure and Google Cloud all operate, with Azure having 73% of the cloud computing marketing in 2020.

The Netherlands is also home to the Amsterdam Internet Exchange (AMS-IX), one of the world’s leading digital data distributors.

While the Netherlands did not submit a recovery and resilience plan to the EU and, therefore, is not accessing any related funding, there are still plenty of opportunities in this vibrant, tech-savvy market. There is a keen appetite for cloud services, for example – the  Netherlands ranks fourth globally when it comes to public cloud expenditure.

Opportunities for Irish companies include:

  • Selling into MNOs, such as T-mobile, Vodafone Ziggo and KPN, which are all open to putting in place contracts relating to innovation, Internet of Things and partnerships
  • Finding opportunities around Open RAN, which is being trialled by network operators since October 2020 and will be key in future
  • Providing cloud and data services through a system integrator/VAR.

It’s vital to show commitment to the market and boots on the ground give a strong advantage. Take the time to develop a tailored market entry strategy, bearing in mind the market is competitive and being the cheapest won’t guarantee success. A quality service and the right network connections should do the trick.

Top tip

Come to the market, attend the relevant trade shows, meet the right partners and establish strong relationships. Dutch partners are willing to engage, but in person works best!

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Spain

As Spain seeks to bring ultrafast connectivity to everyone in the country, there is keen take-up of cloud services in business and industry.

The Spain Digital 2025 Agenda supports EU connectivity objectives. It aims to extend ultrafast network coverage to the entire population (under the Plan for Connectivity and Digital Infrastructures) and prepare 100% of the radio spectrum for 5G by 2025 (following the Strategy to Promote 5G Technology).

Spain is improving on digitalisation, but there is room to improve the uptake and use of  digital technologies, and information and communication (ICT) skills.

The adoption rate of digital technologies by firms is close to the OECD average, but is below the best performing countries in Europe. There is keen and growing interest in cloud services, where Amazon Web Services, Microsoft Azure and Google Cloud are the main actors in the market.

The private cloud remains the preferred option for security services (41%), communications (41%) and storage (40%). For its part, the public cloud is consolidated in areas such as the implementation and deployment of workstation services (52%).

Under the EU Next Generation funding programme, Spain is receiving €4 billion to support fixed and 5G connectivity, data infrastructure and the related ecosystem. It is also getting €4.6 billion for the digitalisation of industry, SMEs and tourism and culture systems, along with investments in AI.

Particular growth areas worth addressing include:

  • 5G
  • cybersecurity
  • AI
  • big data
  • open RAN
  • cloud security.

While public sector bodies such as the central government, the regional governments and local councils are potential customers, the private sector (MNOs, system integrators and so on) are more dynamic and more accessible customers. Companies to target include Telefónica, Vodafone Spain, Orange, Más Móvil and Cellnex.

The most important factor when it comes to the market around 5G and connectivity in Spain is being committed to it, which includes dedicating people to this opportunity. Furthermore, the sales cycle tends to be long so you need adequate financing in place.

Local competition is the main barrier to entry here, but there are openings for innovative offerings. Make sure you have local support in the market, so you overcome any language barrier and be mindful of cultural considerations. Bear in mind too that sales are heavily based on reputation and relationships.

Top tip

To succeed in Spain, you need to pursue a strategy of continuous and thorough follow up.

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Sullivans Brewing

Keep on brewing

Sullivans BrewingAlan Quane, Group CEO of Sullivan’s Brewing Company, speaks about continuing to grow during difficult circumstances and building an international brand

Sullivan’s Brewing Company, based in Co Kilkenny, has a fascinating history, dating all the way back to 1702. The company boomed through famines, fires, and wars, until one fateful day in 1918, at the end of WW1, an unfortunate member of the Sullivan family – a descendant of original owner Richard Sullivan – lost the business over a bet on a horse. Sullivan’s was then acquired by Smithwick’s, formerly a rival of the company.

Alan Quane says, “It was in 2016 when I had met Paul Smithwick through my work with Diageo and he told me he was resurrecting this great brewery. So along with Paul, his son Dan, who is our Finance Director, and Master Brewer Ian Hamilton, who has huge brewing experience internationally with Diageo, we relaunched the business.

“Then there’s Michael Meade, our US based co-founder, who was a strong believer and instrumental in fundraising from day one. Alan Smithwick, a cousin of Paul’s, was also a co-founder. Alan is not only a Smithwick, but also a Sullivan. So we have the Sullivan blood in the business which has led to our brand tagline of ‘brewing is in our blood’.”

With the help of Enterprise Ireland, who provided grant support, and Bord Bia, the team rebuilt the brewing business, with a real focus on exports. As soon as their ale was out their gates, they were exporting to the US, places such as Buffalo in Upstate New York. “Enterprise Ireland and Bord Bia were extremely helpful from the early days,” says Alan.

“We knew we had a great story to tell and we wanted to brew world-class quality beer to honour this heritage.” confirms Quane.

“In fact, in 2017/18, we won the best beer in the world competition at the Oscars of the beer world in Burton-on-Trent, amongst 1,300 beers from over 45 countries around the world.”

 

Silver lining to the Covid-19 crisis

Having been through difficult times, including the Great Famine and many a rebellion, Sullivan’s Brewing Co. is no stranger to challenges – so how have the company been coping during the Covid-19 pandemic?

“The on-trade shut down completely and utterly in all of our markets in the US, as well as Ireland,” says Alan. “The off-trade retail environment were very much focussed on big brands and boxes of the beer, so shoppers weren’t looking for ‘craft beer’ for the most part, they were really going after the deals and a quick-fire purchase.

“We had to move with speed into survival mode, cutting our overheads and any costs we could get at. From a supply perspective, we had created great momentum in the States up to St Patrick’s Day prior to the lockdown. We had nine new markets in the US alone year to date, on top of six new markets added in 2019. This had led to great strain on our supply chain.

“But during the lockdown, we were lucky enough to be able to brew here in Ireland and therefore we were able to build up the pipeline inventory for these US markets.

“In Ireland we also started selling our beer online direct to consumers’ homes, keeping the brand front-and-centre during these very strange and isolating times. That was a silver lining in a very dark cloud.” says Quane

 

Helping hand

Sullivan’s Brewing Company and family motto has long been ‘standing up to do the right thing’. Back during the Great Famine, the brewery was transformed into a soup kitchen to serve food for those most in need. And this trait has lived on today. During lockdown, the company went above and beyond to support the community in Ireland and the US.

“We sent pizzas from our Sullivan’s Taproom in Kilkenny to frontline staff at the regional hospital and Gardaí station,” says Alan. “We also contributed to the Answer Ireland’s Call charity, helping them repatriate much-needed frontline staff to Irish hospitals at the peak of the pandemic. Stateside, we helped deliver meals to people in need, for example, through the VA Medical Centre and Kenmore Mercy Hospital in Buffalo, NY. That concept of community has always been important to us and our sales team were very happy to try to help.”

So what has Alan learned from the pandemic?

“As a team, we have learned that we are very resilient,” he says. “The team and our plans pivoted quickly to focus on a new set of priorities in an unprecedented and seismic change to our customers’ needs and channel dynamics. As always, we’ve learned that innovation and creativity is central to how we respond to the fast-changing needs of our trade partners.

“We have also upweighted our activity on social media during lockdown, learning how to be much more effective in that channel for relevant brand news and engagement.” says Quane.

Future focus

Alan says they now have plans to relaunch their route to market in Ireland. “We’ll service pubs and restaurants directly ourselves. We will continue to use C&C, our distribution partner for other opportunities, but by taking control of the bars and restaurants, I believe this will give us a chance to get even closer to our customers and their needs, and see how we can better serve them.”

Alan emphasises that a huge part of their future focus is exporting. “Having expanded to nine US markets in the early part of this year, on top of six last year, we have a lot of very new markets to nurture and grow. We’ve also plans to add more new markets in the US and look to the UK and Canada to continue to fuel our rapid expansion plans.

“Throughout these difficult past few months, we’ve maintained a very close relationship with Enterprise Ireland. They supported our very successful and latest round of funding. They’re a firm believer in us and continue to help us as we transition from a high-potential start-up into a successful scaled-up business.”

NearForm

Nearform – Necessity is the mother of invention

“We’ve grown massively and have taken on new clients and staff. And part of that is down to the underlying improvement in our ability to deliver quickly.”

– Ger O’Shaughnessy, Head of Propositions, NearForm.

Case Study: NearForm

Every growing company juggles day-to-day demands with the need to innovate. NearForm, a Waterford-based global software consultancy with 200 staff in 29 countries, had the vision and ability to scale, but they needed help and found it in Enterprise Ireland’s Agile Innovation Fund.

Ger O’Shaughnessy, Head of Propositions at NearForm explains: “”The potential for us was to develop software tools to help us deliver more solutions at higher speed and scale in a repeatable way. While we had all the skills and leadership to do this, we needed some commercial space to be able to take staff off client work and dedicate them to research and development.”

Seeing the potential

In 2019, the team at NearForm started to look at how they could evolve their services, but they needed to innovate quickly to make their growth plans a reality. In Q4, they applied, and were approved, for Enterprise Ireland’s (Business Innovation Initiative) under the Agile Innovation Fund. Nearform’s Development Advisor  guided them through the application and approval process.

The company has a global client list: London banks, US pharmaceutical companies, retail chains in South America, as well as blue chip brands like American Express, The New York Times and closer to home, the Health Service Executive (HSE).  But despite the wide variety of fields, all these organisations face the same challenge.

Facing the challenge

Ger says: “All of our clients want to be modern digital enterprises with market leading digital services. It’s the number one challenge in our market, not just for growth but for survival, as the world is dominated by fast-moving digital companies.”

“We’ve always been able to deliver change for clients with great digital solutions. What we came to realise – in the age of Amazon – was that delivering a great solution was not enough. We wanted to create digital platforms to deliver new features and services continuously for clients, so they could move as fast or faster than the digital native disruptors that might take their market,” he adds.

What NearForm hoped to achieve was ambitious. A lot of their work was, and still is, delivered from the open web platform – a global shared ecosystem for coders – using open source components. The team at NearForm realised that if they wanted faster, reliable solutions for their clients, they needed to move the existing open source technology forward.  By doing so, the technology would be more ‘enterprise ready’.

NearForm wanted to “advance the whole open source platform and make it available to everybody, not just our clients,” Ger says.

“Because we’re a tech services company, there’s always a pressure to be billable. We were able to do it because of the commercial cover afforded by the fund,” he says.

Learning from the process

The speedy application process for the Business Innovation Initiative (Agile Innovation Fund) had an unexpected benefit. “It made us think about our own approach and outcomes carefully,” Ger says.  “It was literally applied for in October and approved in December of the same year.”

The project kicked off in December 2019 – the timing proved to be serendipitous. Amongst the many benefits envisioned, the project aimed to accelerate their solutions. Once Covid hit, speed became even more important for their clients. And new clients soon came their way.

NearForm were approached by the HSE to create the Covid tracking app for Ireland and went on to create similar apps for nine jurisdictions. Ger says: “Everywhere from Jersey to New Jersey. We created the software, but we also donated it to the Linux Foundation so that every country could have the Covid tracking app as open source code.”

Overall, across all sectors, the impact of the innovation fund was faster delivery of high quality solutions and of course, increased revenue.  “We’ve grown massively and have taken on new clients and staff. And part of that is down to the underlying improvement in our ability to deliver quickly,” Ger says.

Their unique understanding of the open source code they advanced has caught the attention of global investors. They recently secured funding from a US venture capital firm. “One of the reasons we got investment is that they were so interested in our expertise in open source. Being able to show that we were investing in that was definitely a contributing factor to getting funding.”

What advice would he give to anyone thinking of applying for the Agile Innovation Fund and pursuing an innovation project? “It’s an opportunity to create longer-term value,” Ger says. “Our view is that if you’re not innovating then your competitors will be. Innovation is not just a nice to have, but a necessity for growth.”

To find out more about Enterprise Ireland’s Agile Innovation Fund, contact your Development Advisor or call our R&D unit on 01 727 2120.

 

Tourism

EU helps to transform Travel & Tourism, offering opportunity to Irish businesses

Summary

  • NextGenerationEUrepresents an opportunity for Irish companies to break into new markets or scale their presence in existing markets
  • EU member states are striving to transform their travel and tourism sectors around the twin pillars of digitalisation and sustainability, with thousands of projects in train or set to be completed by 2026.
  • The Enterprise Ireland Eurozone teamcan help you find the right travel and tourism digitalisation projects to target
France Italy Spain

Tourism is on the way back. While the pandemic severely disrupted the travel and tourism sector, every region saw increases in travel in 2022, according to the World Tourism Organization (UNWTO).

In fact, more than 900 million tourists travelled internationally in 2022. While this was twice as many as in 2021, it was just 63% of pre-pandemic levels. Europe fared better than most other regions, however, with numbers returning to close to 80% of 2019 figures.

Hotels, hospitality providers, travel agencies, transport companies, tour operators and activity providers can be reasonably confident of seeing improved revenues again in 2023. This is despite and in ways subject to macroeconomic challenges such as inflation and the war in Ukraine.

Broadly speaking, the industry in Europe continues to offer substantial opportunity to Irish travel tech companies. And with substantial funding flowing across the region from the €806.9 billion NextGenerationEU recovery and resilience programme, there is unprecedented

How digital tools are transforming tourism

Across the travel and tourism industry in Europe, digital solutions are making the industry more efficient and more cost-effective, while also smoothing the journey for consumers.

In the accommodation sector, for example, accommodation providers across all price levels are increasingly using digital technologies to enrich and improve their offer. This includes innovations such as:

  • Mobile or remote payment
  • Online or mobile check-in
  • Virtual assistance using chatbots
  • Virtual tours
  • Virtual keys (on smartphones).

Likewise, the cultural sector is also taking more advantage of digital tools. In this space, these can include:

  • online ticketing
  • on-site QR codes, beacons and touch screens
  • attraction-specific apps
  • interactive and virtual reality installations.

Furthermore, the pandemic also led to an increase in offerings such as virtual visits to museums or other attractions, online lessons (such as cooking lessons) and experiences, or dedicated e-commerce platforms for food, wine and crafts.

Real potential across the value chain

Across every aspect of the travel and tourism experience, from research and booking, to how people get around to their stay and what they do on their trip, there are opportunities for specialist travel tech providers to improve the experience for both the traveller and the service provider.

The opportunity is broader than specific travel tech solutions, however. Fintech, cybersecurity, and data analytics and protection firms, for example, may find valuable opportunities in this sector.

Opportunity abounds around sustainability

Under pressure from government as well as from the consumers they service, travel and tourism companies are increasingly committed to sustainability. This can include:

  • reducing energy consumption
  • cutting carbon emissions
  • reducing waste
  • sourcing local providers of goods and services.

In terms of the offer to travellers, sustainability comes to the fore in the shape of eco-tourism, slow tourism, cultural exchange, community development and environmental protection.

Other avenues to sustainability include newer trends that help to reduce overtourism and increase bookings in the low season, such as appealing to digital nomads and promoting long stay holidays, both of which are significant factors in Italy and Spain.

Irish companies thriving in tourism

While Ireland has long excelled as a tourist destination, it’s also home to an increasingly vibrant travel tech sector.

Irish companies succeeding across Europe in the sector include Campsited, a booking platform for campsites and outdoor activities, car rental and mobility solutions provider CarTrawler and biometric travel security specialists Daon.

Expert advisors in Enterprise Ireland’s network of offices across Europe, together with its Market Research Centre in Dublin can support your business as it investigates market opportunities, including making local introductions and helping you to build your network.

Market snapshots

France

A tech savvy-market with substantial public funding for transformation, France offers opportunities to any company with a distinctive offering.

One of the world’s largest tourism markets, France attracts over 80m tourists every year. Across accommodation, attractions, activities, transport and other services, the sector employs millions of people and accounts for about 7% of GDP.

The government has encouraged rapid digitisation and transformation with investment in digital infrastructure and initiatives such as the French Tech Visa program. Local start-ups are harnessing emerging tech such as artificial intelligence, virtual and augmented reality, and blockchain to improve consumer experience.

France has a well-developed and advanced travel IT sector, across online booking and reservation systems, mobile apps, travel management software, analytics, and more. The European Travel Commission valued this sector in France at €50 billion in 2019, making it the second largest in Europe after Germany.

Sustainability is key here as elsewhere. Many French travel tech companies are working to reduce the environmental impact of travel, through carbon offsetting programmes and sustainable travel planning tools.

While the French typically tend to be early adopters, there is still plenty of room for growth in the market. Furthermore, the government is investing heavily to revive and reinforce the market in the post-pandemic era.

Of the €100 billion France Relance national recovery plan, France allocated €18 billion to investments in tourism infrastructure, support for green tourism initiatives and funding for vocational training.

Furthermore, the €1.9 billion 10-year Destination France plan addresses five key challenges:

  • Recruiting talent to work in the sector
  • Reinforce the sector’s resilience and help improve the tourism offering
  • Develop French tourism assets
  • Respond to the challenge of transformation, including around sustainability and digital tools
  • Promote France and consolidate its market share

The key opportunities for Irish companies in the market are around:

  • Online booking and reservation systems
  • Mobile apps and platforms
  • Harnessing artificial intelligence and big data
  • Virtual and augmented reality
  • Sustainable tourism.

When it comes to travel tech, the French market is well established and highly competitive, benefitting from a strong culture of innovation and mostly favourable regulatory conditions. It’s crucial to have a clearly defined and innovative value proposition to present to the market.

Before starting to sell into France, research the local travel tech market to identify the key players, industry trends, customer needs, and competition. You can use this information to develop a targeted approach.

It’s useful to remember the sales cycle can be as long as 18 months in France, due to extensive due diligence. The upside is that business relationships tend to be long and fruitful after this process has been completed successfully.

 Top tip

Localisation is vital in this highly competitive market. While initial networking may happen in English, the language of business is French. If you are not ready to hire a fluent French speaker, ensure you bring an interpreter or a local partner to meetings. This is to understand important cultural nuance as well as to cross the language barrier.

Likewise, ensure your products and services are tailored to the French market. This may include adapting marketing materials and your user interface to appeal to French customers.

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Italy

Developing a local approach is key to unlocking the digital transformation potential of this large but still fragmented market.

With 64.5m international tourist arrivals each year, Italy ranks fifth in terms of global tourist destinations. The sector generates €90 billion annually, accounting directly for over 6% of Italian GDP and 7% of total employment. Tourist numbers have recovered since the pandemic, with 350 million visits in 2022.

Italy also has 58 UNESCO World Heritage sites, more than any other country, and 4,292 museums. While culture and tourism are cornerstone sectors of the Italian economy, they lag when it comes to digital transformation, however. Cash payments in physical ticketing offices still account for many sales.

The Italian tourist board (ENIT) is pushing to make tourism more sustainable – 82% of accommodation facilities now use sustainable products – and more evenly balanced throughout the country. It is encouraging tourists to visit villages and rural destinations as well as the tourist honeypots of Florence, Rome and Venice.

Through its National Recovery and Resilience Plan (PNRR), Italy is channelling €2.4 billion of NextGeneration EU funding to boost digitalisation in the tourism sector. This is going to fund:

  • A €100m digital tourism hub to connect the Italian travel and tourism industry
  • €1.8 billion towards greater competitiveness in the industry
  • The €500m Caput Mundi project to redevelop and revitalise Rome.

While Italy has more hotels than any other European country, most are family-owned and large hotel chains don’t have a huge presence. That makes for a fragmented market.

The same is true for the tour and activity sector, which is not dominated by big players. The outdoor sector has grown significantly in recent years in Italy, and it has the most activities available of any European country.

Italy is an attractive market for new entrants with technology solutions. It is very open to working with international vendors if their innovation is more digitally advanced than the incumbent/competitors. Digital transformation is high in the companies and local government agenda. There is a proactive interest in new technologies to support the industry and to overcome some of the challenges.

Likewise, businesses in the sector are interested in providing a more sustainable product or service offering to the tourists who visit Italy, so enabling that also presents a clear opportunity.

Top tip

It’s important to target the market directly and have a local approach. Italian companies already have the advantage of speaking the language and having a presence in the market. They also have a network of contacts, which is vital in this relationship-based business environment.

Therefore, it’s important to invest time in building relationships and to be perceived as local, with an active Italian partner or a presence on the ground.

 

Spain

A world leader in tourism, Spain is pushing hard to see more innovation and digitalisation across all levels of this vital sector.

As the recovery from international lockdowns continued, along with the related acceleration in digitalisation, Spain saw 58.5m tourist arrivals in 2022. It leads Europe (while being third in the world) on the World Economic Forum’s travel and tourism competitiveness rankings.

Given the importance of tourism to its economy, Spain has historically invested heavily into transport infrastructure and connectivity. In recent years, it has also pushed to invest in its historical heritage, the Pilgrims Road to Santiago de Compostela and innovation in tourism companies.

The country accounts for 9.1% of the European hotels industry, with large international players dominating the market, while numerous smaller companies also vie for bookings. The big companies typically operate multiple hotel brands to appeal to different segments. Hotels at every level compete with Airbnb and other short stay platforms.

The Spanish online travel sector is pioneered by Madrid-based tech and global distribution leader, Amadeus.

Only one Spanish company, Globalia, is among the big four travel intermediaries in the market. The other are Booking.com, Expedia and TUI. All four are highly active in mergers and acquisitions, as they seek competitive advantage in Spain and globally.

Spain’s national allocation for grants under the Recovery and Resilience Facility (RRF) amounts to €69.5 billion. It has allocated an unprecedented €1.5 billion in 2022 to actions in its plan to modernise the tourism sector and make it more competitive.

Through the state-owned SEGITTUR company, the Spanish Secretariat of State for Tourism is heading the Smart Destinations project. This is an international model aimed at harnessing innovation and knowledge transfer to improve the sector’s competitiveness and sustainability and develop better governance in tourism.

In particular, the tourism ministry is devoting €25m to develop and implement transformative technological projects. Particular areas of focus for digital transformation in the sector include:

  • The internet of things, machine learning and big data
  • Monitoring tourist flows
  • Personalising the offer to consumers
  • Cybersecurity

The local travel tech start-up ecosystem is buoyant, receiving more funding than any other sector in Spain in 2022, according to the Bankinter Foundation of Innovation.

An interesting opportunity is the new international Tourism Innovation Hub in Madrid. Sponsored by Mastercard and backed by the Spanish government, the hub aims to help foster global, sustainable and inclusive growth for tourism.

Spain is a competitive market for mobility and typically has a relatively long sales cycle regardless of the sector, so a premium offer and patience are required.

Make sure you have local support in the market, as you need to speak the language in this cost-driven market, and sales are heavily based on reputation and relationships.

Spain is one of the most decentralised countries in the world, with 17 autonomous communities and five official languages, so a one-size-fits-all approach may not work.

In fact, the Spanish state is managing 55% of the national recovery and resilience funding, with regional authorities administering the rest. Market entrants need to understand local, regional and national regulations and bureaucracy.

Top tip

Start planning now for the FITUR International Tourism Trade Fair, which will be held in January 2024 (dates to be confirmed) at IFEMA in Madrid. This is the leading global trade fair with a focus on Spanish- and Portuguese-speaking markets.

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Net Zero: Time for Irish companies in the UK to prioritise strategies to tackle climate change 

Net Zero

Irish companies operating in the UK have had quite a turbulent few years. Not only have they worked through the Covid-19 pandemic, which has affected literally every part of the business world, but they have also come through the preparation and implementation of Brexit. But now there’s another issue that is becoming ever more urgent by the day – climate change – and it’s time now for Irish companies in the UK to start implementing strategies to make their business more sustainable and environmentally friendly.

While climate change is an urgent issue in every country, an even closer light has been cast on the changing environmental and sustainability conditions of the UK market. The UK was the first industrialised nation to enshrine its climate targets in law, pledging to cut carbon emissions from 1990 levels by 78% by 2035 and to reach net zero by 2050. This has been supplemented by recent UK government announcements including its ten-point plan for a green industrial revolution (published in December 2020), a new hydrogen strategy and an offshore wind sector deal. COP26 is taking place in Glasgow this autumn, and to coincide with its launch, the UK government is planning to publish a comprehensive cross-sectoral net zero roadmap, which should provide greater clarity for all sectors.

By and large, net zero been welcomed by the market, as businesses can see the opportunities that come with such a move, but the details still need to be sorted out,” explains Darragh Cotter, Senior Market Advisor, Industrial and Cleantech, at Enterprise Ireland. “The comprehensive roadmap to be published ahead of COP in November is expected to include all the important steps to take the UK to their net zero target, including the level of investment the government is willing to put into it.”

 

Already an urgent issue

With such ambitious targets, it’s clear that this will result in fundamental changes across the business community. Already, the UK net zero challenge is rapidly impacting government policy and legislation, influencing consumer preferences, impacting investor decision making and changing the way major corporates work with supply chain partners.

If you already have a presence in the UK, you must become conscious of the net zero ambitions of your customer base and the changing dynamics,” says Darragh. “For instance, already a lot of public procurement is building in environmental criteria into their tender assessments. That will be the same in the construction and agricultural sectors. So our message is that this is a critical issue for Irish businesses if they want to continue working in the UK because everything from procurement to the type of products and services will undergo fundamental change as we journey towards net zero.

“For us in the Enterprise Ireland London office, it’s the number one issue facing businesses today; we want to educate our clients on the issues facing them, find out what’s required by their customers and potential customers in the UK and relay that information to our client companies. For instance, we are seeing more and more UK corporates looking for their supply chain to have achieved environmental accreditation through certification such as ISO 50001 and ISO 14001. Our client companies need to be aware of the criteria they need to fulfil in order to continue doing business in the UK.”

To help, Enterprise Ireland has launched Net Zero UK: Ready for a Green Future, a proactive market intelligence and insights campaign that is designed to keep Irish business informed of the UK’s net zero plans and their impact on business. Through webinars, podcasts and reports, the campaign will highlight technologies and verticals that are likely to decline and those that will grow and emerge, along with the evolving expectations of major UK corporates. These insights can inform the strategic planning and R&D activities of Irish companies operating in the UK to both protect and to grow their business over the coming years.

Opportunities

Of course, with every change there’s opportunity, and working with Irish SMEs to identify new and relevant business opportunities is a key goal of Enterprise Ireland’s Net Zero UK campaign. “Net Zero will affect every sector, but some sectors would require different measures to others,” says Darragh. “For Irish companies, there are opportunities across all sectors related to net zero, not just in renewable energy – there are also opportunities in construction, engineering, manufacturing, local authorities, finance, business technology and more.”

Enterprise Ireland’s Net Zero UK campaign is complemented by the €10 million Climate Enterprise Action Fund, which provides a suite of products to help Irish companies assess their current carbon footprint and develop a concrete decarbonisation strategy to help future-proof their business. These financial aids work alongside the focused sector insights provided by the Net Zero UK campaign.

Despite Brexit, the UK remains one of Ireland’s most important export partners, and it’s vital that Irish companies take action now to address the opportunities and risks brought about by the growth of UK’s green economy. Enterprise Ireland’s Net Zero UK campaign aims to support Irish exporters and help them to emerge stronger, more successful and more sustainable than ever.

Net Zero UK is part of Enterprise Ireland’s Evolve UK campaign. Find out more here.

Enterprise Ireland’s top tips for entering the Finnish and Nordic markets

 

Finland adds appeal to Irish businesses who want to scale, and develop a presence within their sector overseas.

If you are considering doing business in Finland, the ten tips below will help aid you entering the market, as will our Nordics Team – located in both Stockholm & Copenhagen.

  • Finland has an increasingly elderly population and is constantly looking for healthcare solutions, new talent & the creation of new jobs.
  • The highest areas for growth and innovation in Finland are, Healthcare, marine industry, bioeconomy, energy, cleantech and environmental solutions
  • Finland is almost 1,200 km long and only contains 5.5 million people, most of whom are in the South. Most headquarters are in the capital city region of Helsinki, Espoo & Vantaa. Other business hubs are Tampere and Turku.
  • Finland has a high level of English, but don’t be fooled – this isn’t because Finnish is similar to English. Finnish is one of the hardest languages to learn in the world so if your product or service needs to be translated you may require a local partner or a team of translators. Swedish is the second official language of Finland, so certain products, such as food items, may require both.

The Nordics are a highly advanced region which rewards high quality and innovative solutions. These countries are familiar with collaboration and partnerships and often look globally to ensure that they have the best innovations on offer.

  1. Nordic business culture is based on equality, efficiency, modesty and punctuality.
  2. The Nordics are a hub for innovation – with more and more unicorns coming from the Nordics every year, the Nordics are home to some of the largest ICT & MedTech hubs in Europe.
  3. Business decisions take longer – generally, the Nordic countries operate on a consensus approach to business decisions and have flat organizational structures.
  4. If you plan on being in the Nordics long term, setting up an office in-market is necessary – as is localizing offerings (e.g. offering in local language)
  5. The Nordics are a detail-oriented market – make sure that you have the required accreditations & certificates and all specs of your product memorised, as you will need answers ready for highly-detailed questions (including any worst-case scenarios).
  6. Wait for an answer – People in the Nordics think carefully about what they are going to say before they say it, giving them their reputation as being ‘reserved’. They are comfortable with long silences and often speak only when there’s something worth saying, meaning you must give them a longer time to respond.
  7. References are required – having customer stories from within the Nordic region or from the U.S. will help gain trust and credibility from potential customers.
  8. Long-lasting Relationships – while it is a long process to build a trusting relationship, Nordic companies are usually in it for ‘the long-haul’ and are unlikely to change provider unless necessary.
  9. Highly Regulated – regulations across all sectors are among the strictest in Europe and often have higher expectations than the European Union in general.
  10. The environmental impact of business – the Nordics is a very environmentally aware market and environmental impact is something that many companies consider when entering new relationships and may set you apart from the competition.

Sweden

  • As the 5th largest country in Europe, Sweden is drastically different in the North and South with different innovation hubs scattered throughout the country. Where is best for your offering is something that should be considered.
  • Many Swedes go on an extended holiday during July, meaning that generally no new business is conducted from the 21st of June (‘Midsommar’) until the middle of August.
  • Planning is essential to Swedes, so make sure to plan to meet before your arrangements for travelling.

Denmark

  • Denmark is home to Medicon Valley the largest Lifesciences hub in Europe – second only to Silicon Valley in the world.
  • Denmark is a world leader in Life sciences, cleantech and digitalization.
  • Denmark is a rich, modern and design-focused country with a highly educated and critical population who are amongst the fastest to adopt new products/technologies
  • The Nordics are known for high levels of employee protection, however, in Denmark, they operate on a ‘flexicurity’ model, where it is relatively easy to hire or fire someone, but they have a high level of social protection.

Norway

  • Norway is not a member of the European Union but is part of the Inner Market through the EEA agreement
  • Norwegians often disregard titles and symbols of power as they operate with flat structures and informal communication.
  • Family comes first so afternoons and Fridays are very difficult to get a meeting as even senior management cuts their days short if they need to pick up children or be with their family.
  • Most of the population is in Oslo, Bergen, Stavanger and Trondheim, with the North of Norway being sparsely populated.
  • Distributors and agents are the most popular entry method into Norway – one must be careful to ensure their distributor can give focus and dedication to your product/service.

Enterprise Ireland is committed to helping Irish firms succeed in global markets and have industry experts on hand, ready to help you access the Nordic markets.

Key questions to ask at your Belgian or Luxembourgian Market Advisor meeting

This is an open discussion between you and one of our trusted Market Advisers, to discuss your business and the export opportunities that lie for you in the region. Below are some suggestions of questions to ask your MA, to learn more about the Belgian and Luxembourgian markets, and the supports we can offer you.

  • What resources do you need? Enterprise Ireland can help entrepreneurs and businesses to scale and reach their potential, let it be from funding support, market insights, or finding the right contacts through international networks. Ask your MA what they can do to help you scale your business and enter the market prepared, confident and supported.
  • What are the opportunities in the market for your business? Ask your MA which opportunities lie within your sector, and how best to leverage these growth opportunities for your business.
  • What should the next steps be? Discuss forming a plan towards global exporting – have an open discussion and together plan objectives, goals and discuss what time frames to expect. Next steps may include further market research and discovery, funding applications or buyer introductions.

Set up a call with our team in Brussels today

For more be sure to read our Belgium Going Global Guide  and our Going Global Guide Luxembourg 

Enterprise Ireland’s top tips for entering the Belgian and Luxembourgian market can be viewed by clicking the graphic below.

Cubic Telecom - MRC case study title

Market research vital for success in the German automotive industry

Cubic Telecom - MRC case study - Gerry McQuaid CCO

With businesses facing more and more challenges by the day, the need to find growth areas within your chosen sectors has become even more important.

For life sciences, pharmaceuticals, automotive and e-commerce, the DACH region, consisting of Germany, Austria and Switzerland, is a growing market actively looking for innovative solutions to push the sectors forward. In fact, in 2020 companies supported by Enterprise Ireland had exports from Ireland to DACH totalling over €1.8 billion.

One Irish company that has seen the opportunity within the DACH region is Cubic Telecom, a business that produces an innovative platform called PACE to bring 24/7 connected software in cars to a new level. The opportunities for such a platform are huge – in 2019, the global connected car market was valued at $63.03 billion, and it’s projected to reach $225.16 billion by 2027. Not surprisingly, as the centre of the automotive industry in Europe and home to many world-leading car makers, the German market has a significant share in this growth.

But when entering such a huge market as the German automotive industry, research is vital to ensure that any partnerships formed are strategic and sustainable – as Cubic understood from the very start. This is where Enterprise Ireland, and specifically its Market Research Centre and the Enterprise Ireland team in Dusseldorf, were able to help.

“We did not simply select Germany as a generic target market,” Cubic Telecom CCO Gerry McQuaid says. “We looked at the world’s biggest automotive manufacturers and decided which companies we wished to build a partnership with. This naturally led us to Germany, the home of some of the world’s top auto manufacturers.”

“We were very careful to take the time to understand what is required to do business successfully with large prestigious German companies and we had excellent support from the Enterprise Ireland team in Germany.” Cubic Telecom CCO Gerry McQuaid

Platform for success

Cubic Telecom’s solutions are indispensable for the whole range of services used by Original Equipment Manufacturers (OEMs) through the connectivity of cars, including entertainment, safety, driver assistance and vehicle management. Specifically, Cubic’s PACE platform enables cars and other devices to automatically connect to high-speed local mobile networks around the world securely and compliantly, while the PLXOR solution offers a single view of how content services are consumed across global fleets. And, its newest product, INSIGHTS, provides the business intelligence needed to see exactly how a fleet is performing, with real-time monitoring and alerting capabilities.

Already, Cubic has enjoyed much success, connecting over 7 million devices and vehicles in 103 markets across Europe, North America, Latin America, the Middle East, Russia, Africa and Asia-Pacific. The company’s major opportunity in the automotive market is in its current partnership with the Volkswagen Group; already the company has established roll outs with OEMs like Skoda or Porsche, with more models to be added.

“We were delighted to partner with the leading automotive brands within Volkswagen Group and this partnership has been an intrinsic part of developing our business success in Germany,” says McQuaid

This strategic partnership was carefully planned and researched by the Cubic team. From their initial introduction into Germany, the Enterprise Ireland office in Germany supported Cubic’s progress within the automotive industry. With important connections across the German automotive and future mobility ecosystem, and a comprehensive overview of the economic landscape, the German office can advise companies not only in the early phases with finding the right approach and direction, but also with advanced business development when pivoting new sub-sectors or intensify current activities.

Guidance from the German office proved very supportive for Cubic when it was entering the market in the early days. It now provides German brands such as Audi, Volkswagen, Porsche with a fully digital experience for their drivers.

Enterprise Ireland’s Market Research Centre also played a key role. Client companies can use the centre to gain access to company, sector, market and country information needed to explore opportunities and compete in international markets. This allows companies like Cubic to assess and validate a market before developing an export strategy with support from the local office.

In fact, the approach proved so successful that Gerry recommends it to any company seeking to enter new markets. “Start by considering the needs of the customer you are selling to, what solution you are selling, who you need to sell it to and what markets those target customers are in. Then leverage the Enterprise Ireland regional offices to get introductions to the people in that market who you need to meet.”

Learn how Enterprise Ireland’s Market Research Centre can support your company’s export ambitions.