Over the last few years we have seen Ireland reduced from a tiger economy and a beacon of hope for smaller developing nations to a case study of mismanagement and one of the most high profile victims of a property bubble. Since the subprime mortgage bubble burst, Ireland has seen unprecedented unemployment rates and a new era of brain drain with highly qualified graduates departing the shores. How true the statistics are I don’t know, but I’ll put them here for effect. Apparently 110 people are leaving Ireland on a daily basis looking for a better life elsewhere.September 12, 2011
Over recent years, technology has become an increasingly important part of the Irish economy. With the demise of the construction industry, young and hungry entrepreneurs have found a new sector from which to make their fortune. However, one could be forgiven for thinking that Ireland isn’t a very likely place for a tech start up. It is thousands of miles away from Silicon Valley and is associated more with milk and butter than cutting edge technology. But there are a number of big tech success stories in Ireland to give us all hope.