ChamberLink Issue 3, Local Actions, Global Impact

ChamberLink ISSUE 03 2024

Local Actions, Global Impact Leading the charge for a more sustainable future

Taking care of business at Radisson Blu Hotel & Spa, Cork

Bright Spaces: All meeting rooms in Ditchley House are flooded with natural daylight Cutting-Edge Tech: Enjoy video conferencing facilities, plasma screens, and flipcharts included as standard.

Convenient & Flexible: Room hire starts from just €100.00 half day or €160.00 full day Car Parking: Complimentary car parking with over 300 spaces Location: Just 10 minutes from Cork City centre Let us help you create a professional, seamless, and productive meeting experience.

Avail of a complimentary coffee break for up to 10 delegates when you book your next event with us *up to 31st December 2024*

Quote “ChamberLink” at the time of booking

HOTEL & SPA, CORK

To book, email Joanne & Edyta on Meetingsandevents.cork@radissonblu.com or call 353 21 4297050 *Terms and conditions apply. Offer applies to new meeting & event bookings.

ChamberLink 04 Time to set a course for sustainable urban evolution

Welcome

21

It is wit As the autumn season picks up pace and it is time for us to once again open our Cork Company of the Year Awards for entries, I am again reminded of our incredibly varied and diverse business community.

From family-owned businesses and innovative start-ups to long-standing enterprises and multinational companies, our region is a microcosm of what makes Ireland’s economy so dynamic and resilient.

Each business brings its own unique strengths, and it’s this diversity that drives our region forward.

This variety is also reflected in the scope of the Chamber’s work. As a member-driven organisation, our mandate is set to meet the diverse needs of you our members. Whether it’s assisting a small business with export opportunities, providing leadership training to managers, or advocating for large-scale infrastructure projects, the work we do is as varied as the businesses we represent. Our goal is simple: to support every member, regardless of size or sector, and help you succeed in today’s competitive landscape.

Sustainability remains a cornerstone of our agenda. We know that businesses are increasingly conscious of their impact on the environment, and we are committed to helping our members adopt sustainable practices. As SDG Champions, we are very conscious of the many opportunities we have to assist the business community.

Through our advocacy and through specific projects such as REEValue,

Workability Cork and our SCP events, we support our members on their sustainability journey. We are keen to share our own experiences and this quarter we are excited to reopen the beautifully renovated and retrofitted Fitzgerald House.

The calendar of events for the season ahead is filled with the variety our members deserve, giving you ample opportunity to connect with peers, customers and stakeholders across the region.

We look forward to welcoming you at the Cork Digital Marketing Awards, the autumn/winter Business Breakfast series, the Cork Chamber Dublin Dinner or to one of the many networking and informative events we will host in the coming weeks.

Paving the way for inclusive employment

In this issue 4

Time to set a course for sustainable urban evolution: Budget 2025

6

Planning for tomorrow

7

Fostering offshore wind clusters in Cork

8

Next Generation Leaders: Embracing the unknown

10

NetApp to create over 60 new roles

11

From advice to action

13

Building a vibrant financial hub

15

‘Growth and Transformation’

At Cork Chamber we continue our strong lobbying efforts to ensure our region receives the investment, infrastructure, and support it needs to grow. Through our active preBudget 2025 engagements, and in our pre-election programme of activities, our goal is to ensure a thriving, vibrant business community for years to come.

16

Cork Company of the Year 2025

17

Local Actions, Global Impact

21

Paving the way for inclusive employment in Cork

22

Shaping a sustainable Cork City: The role of Local Green Deals

23

Energy Efficiency & Renewable Energy Workshop

24

Bridging the gap between research and innoviation

Conor

26

Shield Your Business

28

Set yourself up for the season ahead

29

Golf Classic 2024

32

Upcoming Events

34

Recent Events

36

New Members

38

Members News

42

Recent Appointments

Conor Healy CEO, Cork Chamber T: +353 (0)87 9471858 E: conor@corkchamber.ie Fitzgerald House, Summerhill North, Cork, T23 TD90 CorkChamber.ie

Chamberlink is published by Cork Chamber and is a quarterly publication exclusive to members. The opinions expressed in Chamberlink are not necessarily those of Cork Chamber / Chamberlink main sponsor, neither do they accept any responsibility or liability for any legal implications arising there from. Registered in Ireland no. 13918

Chamberlink Main Sponsor

PUBLIC AFFAIRS

Ashley Amato, Public Affairs and Sustainability Executive Cork Chamber; Rob Horgan, President of Cork Chamber; Stephen Keohane, Partner at KPMG / Chair of the Cork Chamber Budget Committee and Cathal McSweeney, Director of Public Affairs Cork Chamber. Photo: Gerard McCarthy

Time to set a course for sustainable urban evolution Cork Chamber’s view on Budget 2025:

Budget 2025 comes at a time of unprecedented change and uncertainty in the political landscape, not just here in Ireland but also further afield in Europe, the US and beyond. In Ireland, we are gearing up for a long-awaited general election, the results of which remain difficult to predict. What is clear, however, is that the current Government’s final budget, Budget 2025, presents Cabinet with a unique opportunity to combat rising concerns about the cost of living and the cost of doing business in Ireland, and to set a course for a future of sustainable economic growth and urban evolution.

Cork Chamber’s pre-Budget submission outlined the critical asks for businesses, here in the Cork region and across Ireland. Our submission was structured around four key themes: investing in housing and infrastructure; supporting enterprise innovation and competitiveness; enhancing skills and talent; and promoting social and

4

environmental sustainability. We proposed specific actions and measures that Government should take into account in Budget 2025 to help achieve these objectives and deliver positive outcomes for Cork and the wider national economy. In September, we met with Minister for Finance Jack Chambers to discuss our proposed measures in detail.

Minister for Finance Jack Chambers arriving at the Imperial Hotel in Cork and discussing the business landscape in Cork and priorities ahead of Budget 2025.

Photos: Darragh Kane

The Cork city region is a key contributor to our economy, and offers immense opportunity for future growth. Our vision is to develop vibrant, inclusive cities that offer a wide range of amenities and are easily accessible to everyone.

The country’s urban centres, Cork included, have undergone significant changes in recent years, adapting to a changed climate following the Covid-19 pandemic and other challenges. Change in our towns and cities is already well underway – it is now up to the Government and local authorities to decide how we respond to this.

In our pre-Budget submission, we call on Government to introduce ‘Urban Evolution Deals’ – bespoke funding agreements between central government and local authorities that will reinvigorate our towns and cities with sustainable urban development, enhanced urban living and greater social cohesion. Our towns and cities are the lifeblood of the Irish economy, and Cork, as Ireland’s fastest growing city, has a key role to play in driving Ireland’s competitiveness into the future, helping to attract vital talent, skills and foreign direct investment.

In Budget 2025, Government should consider the supporting measures needed to unlock this competitiveness in our urban centres, including investment in housing and vital infrastructure. Cork’s long-awaited key infrastructural projects, from the Light Rail to the Events Centre, must be accelerated as critical enablers of future economic growth, enhancing the social and cultural fabric of an already vibrant Cork City.

Creating synergies between central government, local authorities, providers of critical utilities, developers, and local businesses and residents must be prioritised as we look to the next phase of urban development in Ireland.

Our cities and towns are changing, but Budget 2025 presents Government with the opportunity to ensure that this change is for the better – we must not miss out on this once-in-a-generation opportunity to set a course for sustainable, positive urban growth for future generations.

5

PUBLIC AFFAIRS

Planning for tomorrow The revision of the National Planning Framework, as part of Ireland 2040, offered the opportunity to reflect on spatial, societal and policy changes over the past six years and set the appropriate course for the next period..

What is the National Planning Framework?

Public Consultation

It is a national document that guides at a high-level strategic planning and development for the country up to 2040, so that as the population grows, that growth is sustainable in economic, social and environmental terms.

The Draft First Revision to the NPF put out for public consultation in July. The Draft focuses on the need to update the Framework to reflect changes to government policy that have taken place since its initial publication six years ago, such as climate transition, regional development, demographics, digitalisation and investment.

The NPF with the National Development Plan (NDP) sets the context for each of Ireland’s three regional assemblies to develop their Regional Spatial and Economic Strategies (RSES) taking account of and co-ordinating local authority Development Plans in a manner that will ensure all plans align.

What has changed since 2018 Since its publication in 2018, there have been a number of significant and critical developments in relation to planning policy, guidance and legislation, as well as governance and institutional change.

Also, within this time, unprecedented, unforeseen events have occurred with ongoing consequences, such as the impact of COVID-19, particularly in relation to changes in commuting patterns and the emergence of blended working arrangements. In addition, there are the more recent impacts from geo-political unrest.

In June 2023, the Government commenced the First Revision of the NPF. Since June 2023 the revision process has gone through a number of stages, including a publication of a report in August 2023 from an Expert Group with experience of spatial planning, economic and social development and environmental protection.

Following Census 2022, the Government engaged the ESRI to update their previous projections relating to population growth to 2040, based on demographic and econometric modelling and having regard to the results of Census 2022. This data is required in order to update population targets on a regional basis to 2030 and 2040. The ESRI report was published in July 2024.

6

What it means for Cork Cork is on the cusp of monumental positive change. Significant and ambitious plans are already in place such as the Cork Metropolitan Area Transport Strategy (CMATS). However, for much needed infrastructure, such as a light rail service, the ambition alone is not good enough and execution is too slow.

Delays in making big decisions regarding projects will damage our competitiveness. We can no longer use out of date “business as usual” formulas when deciding on what projects to go forward with. Ambition, forward thinking and a strategic approach is required to ensure Cork can reach its potential as an international region of scale.

There are a lot of positives contained within the Draft Revision and Cork Chamber has long called for plan-led development and alignment on priorities at national, regional and local levels. However, it is critical that we are ambitious with our regional growth targets and do not fall foul again of a “selffulfilling prophecy” and understate our potential.

Cork Chamber has made a detailed submission to the public consultation and will continue to call for the Government to match the ambition we have for Cork and call for investment and accelerated delivery of crucial enabling infrastructure, such as transport, connectivity, housing, renewable energy and public spaces to ensure Cork reaches its full potential as a great place to live, work, study and invest.

You can read our full submission on our website at https:// www.corkchamber.ie/news/

Fostering offshore wind clusters in Cork Offshore wind is set to become a cornerstone of Ireland’s future energy landscape, contributing significantly to climate change mitigation, energy security, green industrial growth, and social progress. Cork has significant potential to become a leading hub for offshore wind energy due to its geographical advantages, existing infrastructure, and strong academic and industrial resources. However, to fully realise this potential, several challenges must be addressed.

Cork Chamber recently facilitated a six-month Public Affairs and Sustainability placement for Xi’er Li, an MSc student in Cooperatives, Agri-food, and Sustainable Development at University College Cork (UCC). During this placement, Xi’er conducted research on how Cork can develop a mature offshore wind cluster by leveraging its existing strengths and drawing lessons from successful models, such as those seen in the Netherlands.

Xi’er’s research highlighted Cork’s strong collaborative spirit, dynamic academic resources, and supportive related industries. The presence of numerous network organisations provides a solid foundation for fostering a local offshore wind cluster. Through interviews with local stakeholders, the research identified critical challenges, including infrastructure limitations, gaps in collaboration, and policy uncertainties.

To overcome these challenges, a coordinated, bottom-up approach that strengthens local stakeholder initiatives, coupled with strategic, top-down support from the government, is essential. This will be crucial for Cork to fully leverage its natural advantages and establish itself as a key player in the global offshore wind industry

Xi’er Li. and Ashley Amato, Public Affairs and Sustainability Executive Cork Chamber.

Specifically, the research recommends enhanced collaboration models through the development of an anchor organisation, strategic investments into port and energy transport infrastructure, the creation of a workforce development taskforce and targeted policy reforms.

As Cork positions itself as a leader in offshore wind, coordinated efforts and strategic planning will be essential to unlocking its full potential and contributing to the broader goals of Ireland’s Offshore Wind development.

7

NEXT GENERATION LEADERS

Embracing the unknown In this latest instalment of our Next Gen leadership series, Deloitte Partner Kevin Butler spoke to Group Finance Director at Morgan McKinley, Brian McCarthy, about leadership, the importance of building trust with colleagues and finding work life balance.

Over the last twenty years, Brian’s career has taken him, initially from a training contract with Deloitte to a brief stint with Apple, to working for the Deague Group in Melbourne, back to Dublin to the Jurys Inns Hotel Group and now with Morgan McKinley in Cork. That exposure to a range of industries, leaders and leadership styles has given Brian a breadth of experience. In that experience he has been lucky enough to not just be part of great companies and their day-to-day operations, but also to work with them through some incredibly interesting projects: from being involved in opening new Art Series Hotels across Australia, to the sale of the Jurys Inns Hotel portfolio, to acquiring new companies and hotels for Fattal in Ireland and the UK, as well as involvement in large refinancing projects, Brian has got some great and varied work experience.

8

Communicators Reflecting on the best leaders he has worked with, Brian highlights the importance of effective communication. There are certain leaders he has come across who can command a room with their presence and when they speak, everyone listens.

Rather than focusing on skillset alone, Brian says that it is also important to establish relationships and build out your network. Particularly in a postCovid world of transactional online tools, Brian believes that soft skills – particularly the ability to connect with people – have never been more important.

Ultimately, people connect and engage with other people; that’s how business is done. The organisation to which you belong may open doors for you, but at the end of the day it is up to the individual to create meaningful connections that last throughout your career.

Advocating for the team Discussing the meaning of leadership, Brian emphasises the importance of not just managing down to your team but also managing up to your superiors on their behalf. Becoming an advocate for your team, championing them when things are done well and, if required, offering protection should anything go wrong. He clearly sees the role of a leader in terms of empowering team members, building them up and avoiding micromanagement. The ultimate goal being that if team members are good enough, they will allow you to focus on other challenges,

while also creating a clear succession plan which is good for both you and the company.

Finding the answers One of the challenges of leadership is the expectation that you have all the answers.

Sometimes you mightn’t and that’s OK. The best people are those who can find out that answer and act on it. This is the kind of culture you should seek to encourage in an organisation.

The value of mentors Kevin asks Brian about his experiences of mentorship and what he sees as the key traits of a mentor. There are two distinct forms of mentorship, Brian says, formal and informal, thankfully he has benefitted from both.

Oftentimes, a colleague can act as a mentor without them being aware of it – the simple act of observing how someone operates in the workplace can prove valuable. Brian discusses the learnings he has taken from the various leaders he has worked with, noting the influence of leaders during his time with Jurys Inns, in particular, where he was heavily involved in the €1bn sale of the portfolio. The ability to effectively motivate your team in a high-pressured environment while communicating clearly is critical, Brian believes.

Balancing boundaries With the line between the workplace and homelife increasingly blurred, Brian says that building boundaries and finding time to switch off has become crucial. He finds that being fully present when at home and in the everyday lives of his three children is essential, as is building time into the week to clear his head, away from screens and other distractions.

Taking on a senior role Kevin concludes by asking Brian what advice he would offer to someone taking on a senior role for the first time. Being in a position to take on a senior role means that you already have the right skillset and attitude, but that skillset may be of little use to you on day one of your new role. The new role will likely entail much more management and leadership requirements, and a promotion to a senior role should be seen as the beginning of a journey, rather than the end. In fact, what got you into the role may not be what makes you successful going forward.

Continuing to evolve as your career progresses is key.

in association with

Individuals should see their careers as a journey and seek to learn something from everyone they come across, building traits that they have seen be effective into their own behaviours.

9

MEMBER SPOTLIGHT

NetApp to create over 60 new roles at its international headquarters in Cork New software engineering roles will support NetApp customers as they deploy AI and advanced cloud technologies NetApp, the intelligent data infrastructure company, will create over 60 new software development jobs at its international headquarters in Cork.

The investment comes as growth in AI drives demand for data infrastructure and hybrid cloud services.

fine tuning) as well as proficiency in C and C++ programming language.

The new software engineering roles will support NetApp customers as they deploy AI to accelerate innovation and transform operations. Data management is essential for enterprise AI, and NetApp develops products to allow organisations to efficiently design, deploy, and operate AI infrastructure and derive value from their AI investments.

James McGowan, Senior Director of Finance EMEA & LATAM, NetApp, says: “The world is experiencing technological change at a scale never witnessed before. NetApp is creating these roles in Cork to help our customers adapt to this change and solve the challenges posed by increased AI adoption and rapid data growth. AI runs on data, and data runs on NetApp. We want the best software developers and technologists to join us and lay the foundations for the AI systems that will transform business and society the world over.”

The new software engineering roles will be split across NetApp’s Data Services, Enterprise Storage, Cloud, and Shared Platform teams, serving customers in industries such as finance, pharmaceuticals and public sector.

NetApp is seeking candidates with skills in Applied AI (model development and

“NetApp’s presence in Ireland has grown rapidly in two years and the entire company is excited for the next chapter in the story. Cork and the wider Munster area is home to some incredible talent and has provided a warm welcome to team members that have relocated here.”

10

U.S Ambassador Cronin visited the NetApp International Headquarters in May, joined by NetApp’s Cork Senior Director of Finance EMEA & LATAM James McGowan, Director of Talent Acquisition EMEA & LATAM Rachel Maher, VP Global Government Relations’ Kristen Verderame, EVP, CLO Global Legal Beth O’Callahan, SVP & GM EMEA and LATAM Giovanna Sangiorgi, and SVP, Chief Customer Success Officer Srivatsan Vaiyakarnam.

NetApp opened its international headquarters in 2022 on Navigation Square within Cork’s Docklands where it runs global commercial, support and technology operations. It currently employs around 300 people in the city and is actively recruiting in other diverse disciplines including cloud architecture, technical support, sales, business development, and accounting. Check out NetApp’s career site for open roles: https://careers.netapp.com/search-jobs

From advice to action How Cork Chamber supports SMEs in international expansion Through the Enterprise Europe Network (EEN), Cork Chamber is dedicated to assisting Small and Medium Enterprises (SMEs) in expanding into international markets. With the support of the EEN, SMEs have guidance and partnerships to enhance their business operations. Monica Valdes, our EEN advisor, has created an informative Q&A to explain the services provided by Cork Chamber through EEN and how these can benefit your business.

What services does the Cork Chamber’s International Department offer?

Our advisory services are provided through the Enterprise Europe Network, the world’s largest support network for SMEs seeking to internationalise or seek guidance about internal growth and opportunities. This network connects professionals across more than 40 countries, drawing on the expertise of over 450 organisations to deliver tailored services to small and mediumsized businesses.

In which business areas is advice provided?

The Enterprise Europe Network offers advisory support in a wide range of areas including: • • • • •

Sustainability EU Single Market Digitalisation and Innovation Internationalisation Access to Finance & Funding

Is the Network open to everyone, or are there any restrictions on membership?

The Network is open to SMEs (companies with fewer than 250 employees) interested in receiving free, impartial, and confidential advisory services to support their domestic or international growth.

Is there a particular sector that benefits most from this service?

EEN can assist companies across all sectors. Through its network of experts, the Enterprise Europe Network covers a wide range of key economic sectors, including healthcare, agri-food, smart energy, and fashion and textiles.

Does the Enterprise Europe Network offer services for finding international partners, suppliers, or sourcing opportunities?

Partnership Opportunities Database: We manage Europe’s largest online database of business opportunities, featuring thousands of requests and offers for business, technology, and research collaborations from companies and R&D institutions. The database is accessible online and free of charge. You can subscribe for alerts on new requests and offers. Businesses we collaborate with create partnership profiles that are included in this database.

Company Matchmaking: EEN organises events and tradeshows throughout the year, where attendees (both online and in person) can schedule one-on-one B2B meetings with other participants. We can recommend sector-specific events for you to attend.

What is the cost of the service?

The Enterprise Europe Network advisory services are available free of charge to small and medium sized enterprises. The EEN is a European funded programme designed to support SMEs with international ambitions.

What are some achievements of the Enterprise Europe Network at Cork Chamber?

In 2023, we provided advisory support to around 230 companies and fostered successful collaborations and outcomes with several of them. These supports range from business partnering, access to finance, sustainability advice and guidance on accessing new markets.

Are there any funding opportunities available for companies through the Enterprise Europe Network?

At the Enterprise Europe Network we provide support to SMEs in accessing and applying for both EU and national funding.

Recently, through the EENergy call, we helped six SMEs access a fully funded grant of €10,000 each, which enabled those organisations to invest in improving their energy efficiency.

Stay tuned for more on the impact they experience through this EU funding.

For more information about the Chamber’s international services and how we can assist your business, please contact Monica and the team at monica@corkchamber.ie

11

“V-Hub was a key ingredient in our success” Gráinne Mullins, Founder, Grá Chocolates

Get free one-to-one digital advice tailored for your business. So your business can thrive from day one.

Search

Hub

INTERNATIONAL

Building a vibrant financial hub An interview with David O’Shea, Senior Associate at William Fry LLP and Chair of the Cork Financial Services Forum, Emerging Leaders Taskforce.

We had the pleasure of speaking with David O’Shea, a Senior Associate at William Fry. David is an active member of the Cork Financial Services Forum. This industry led forum, comprising of Cork Chamber members, works together to enhance a vibrant IFS ecosystem, promote Cork as a destination for talent and investment and to provide a supportive environment for existing businesses, potential entrants and their teams.

Grace Kelleher, International Manager at Cork Chamber, sat down with David who is current Chair of the Cork Financial Services Forum’s Emerging Leaders Taskforce to discuss his role, insights and thoughts on Cork as a hub for financial services professionals.

David, thank you for taking the time to speak with us. Can you start by telling us a little about yourself and your background in the financial services industry?

Thank you for having me. I am a Senior Associate in the Banking & Finance team in William Fry’s Cork office. William Fry’s Financial Services practice is a leader in the Irish market, providing legal, regulatory and tax advice to domestic and international financial institutions. In terms of my own practice, this focuses on advising financial institutions, funds and corporate borrowers on debt transactions both domestically and internationally. Having spent a number of years living and working abroad and in Dublin, we returned to settle in Cork in 2022.

Many congratulations on your recent appointment as the new Chair of the Emerging Leaders Taskforce at the Cork Financial Services Forum. As Chair, could you explain to our readers what your role entails and what the taskforce aims to achieve?

Certainly. As the Chair of the Emerging Leaders Taskforce, my role is to work closely with a talented group of people within the financial services sector who are looking to advance their careers in Cork. Our main goal is to provide a platform for networking, collaboration, and professional development.

Ultimately fostering a strong community of emerging leaders in the industry.

What specific initiatives or activities does the Taskforce undertake to support emerging leaders in the financial services sector?

The Taskforce organises a range of events such as networking sessions, workshops and panel discussions. They are a great way to connect, whilst also offering an opportunity to discuss issues that may be affecting their careers in Cork. As an active member of the Cork Financial Services Forum, we are always looking for feedback as to how we can continue to ensure Cork is the best place for professionals to live and work.

Cork is increasingly becoming a hub for financial services, with the second highest number of IFS companies in Ireland. In your opinion, what makes Cork an attractive place for investment and talent in the sector?

Cork offers a unique combination of a thriving business environment, access to highly skilled workforce and a supportive ecosystem for financial services companies. It’s the perfect balance of urban and rural living in Ireland, offering the best of city life, but at the same time being small enough to be part of the community. To add to this, it’s great if you like an active lifestyle. There are plenty of hikes, cycling routes and beaches on your doorstep.

What motivated you to grow your career in Cork, and what advice do you give the individuals considering perusing opportunities in the city’s financial services sector?

Cork’s business environment and growth potential were significant factors in my decision to return to Cork and continue to build my career here. My advice to professionals looking to thrive in Cork’s financial services sector is to network proactively, to reach new heights in your career. Whether this is with colleagues in Cork, New York or London, the key is to promote Cork as a hub for financial services. We live in an interconnected world.

Can you tell us about any upcoming events or initiatives organised by the Taskforce that professionals in the sector should look forward to?

Yes, we have an exciting event coming up. We have organised a Networking Masterclass, aimed at providing those in the financial services sector tools on how to build an effective network. The event will take place on the 2nd of October at 8am at the Morgan McKinley offices in Penrose Two. We expect it to be a busy and exciting morning. We hope to see some of your readers there.

Thank you to David O’Shea for speaking with us.

For more information on the Emerging Leaders Taskforce and their events, please contact grace@corkchamber.ie

13

Business Loans that work for you.

Talk to us about how we can fund your business growth

ptsb.ie/business-banking Lending Products are subject to lending criteria, terms and conditions. Security and Insurance may be required. Fees & Charges may apply. Applicants must be aged 18 years or over. Permanent TSB plc trading as PTSB is regulated by the Central Bank of Ireland.

INTERNATIONAL

Professor Ursula Kilkelly, Vice President for Global Engagement at UCC with Dr. Sean Randolph, Senior Director of the Bay Area Council in San Francisco and Cathal McSweeney, Director of Public Affairs, Cork Chamber.

Growth and transformation Economic ties between the San Francisco Bay Area and Ireland Dr. Sean Randolph, the Senior Director of the Bay Area Council in San Francisco, recently visited Cork to promote his new report titled “Growth and Transformation: Economic Ties between the San Francisco Bay Area and Ireland”. This report underscored the strong relationship between our two regions, whilst also highlighting the potential for further collaboration and growth.

Cork Chamber, in collaboration with UCC, organised a roundtable event, providing Dr. Randolph the platform to present his findings and engage in discussions with local stakeholders in Cork.

The economic ties between the San Francisco Bay Area and Ireland have been steadily strengthened over the years. As the Bay Area’s trade and investment with Europe continue to expand, Ireland has emerged as a strategic partner, leveraging focused economic strategies, talent and innovation to attract Bay Area companies. Ireland has positioned itself

as a European base for many Bay Area companies, showcasing a successful blend of business-friendly policies and skilled workforce.

The historical context of Irish immigration to San Francisco adds depth to this economic relationship.

San Francisco has long been a favoured destination for Irish immigrants, further solidifying the cultural connections between the two regions. Notably, Cork shares a special bond with San Francisco as a sister city.

Bay Area companies have made significant investments in Cork, contributing to the region’s economic growth and development. Companies such as Apple, Ireland’s first major investor from the Bay Area and the country’s largest foreign investor, have established a strong presence in Cork.

Other notable companies such as Cadence, NetApp, Gilead and BioMarin have also made their mark, further enriching the business landscape in Cork.

While the relationship between Ireland and the Bay Area is well established, there are opportunities for further collaboration. Initiatives such as bilateral R&D partnerships in both industry and academia, deeper engagement between Irish and Bay Area universities, science, technology sectors and investor communities, as well as increasing direct air service between the Bay Area and Ireland, hold huge potential for boosting economic cooperation and innovation.

Dr. Randolph’s report reflects the shared history and values between our two regions, whilst also paving the way for a future marked by innovation, collaboration and growth.

You can read Dr. Randolph’s report on https://www.bayareaeconomy.org/

15

COVER STORY

Local actions, global impact Cork Chamber named SDG Champion, leading the charge for a more sustainable future June 2024 marked a significant milestone for Cork Chamber as it was appointed a Sustainable Development Goal (SDG) Champion by the Department of Environment, Climate and Communications (DECC) for the 2024-2025 term.

This prestigious recognition aligns Cork Chamber with a select group of organisations dedicated to advancing the United Nations’ 2030 Agenda for Sustainable Development in Ireland. As an SDG Champion, Cork Chamber is poised to amplify its commitment to sustainability, leveraging its influence within the business community and beyond to foster a deeper engagement with sustainable practices. This appointment underscores the Chamber’s pivotal role in shaping a resilient, sustainable future, not just for Cork but for the wider community it serves.

What are the United Nations’ SDGs? The SDGs are a set of 17 interconnected global objectives established by the United Nations in 2015 as part of the 2030 Agenda for Sustainable Development.

This landmark agreement, adopted by all 193 United Nations Member States, represents a comprehensive plan of action designed to address the most pressing

16

challenges facing our world today. The SDGs serve as a universal call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity by 2030.

A vsion for a better world The SDGs are underpinned by a commitment to leave no one behind, recognising that eradicating poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth—while also tackling climate change and working to preserve our oceans and forests. The Goals are both ambitious and urgent, reflecting the global consensus on the need for transformative change in how we live, work, and interact with the environment.

The 169 targets: detailed pathways to achievement Each of the 17 SDGs is accompanied by a set of specific targets, 169 in total, that provide detailed benchmarks and indicators to measure progress. These targets cover a wide range of issues, from improving

Minister for Environment, Climate and Communications Eamon Ryan TD with Ashley Amato, Public Affairs & Sustainability Executive, Cork Chamber.

maternal health to increasing renewable energy production, ensuring equal access to education, and promoting sustainable economic growth. The targets are designed to be interconnected, recognising that progress in one area often depends on improvements in others.

For example, achieving gender equality (Goal 5) is crucial to ending poverty (Goal 1) and ensuring quality education for all (Goal 4).

Global and local impact: the role of countries, communities, and organisations While the SDGs are global in nature, their success relies heavily on local implementation. Countries are encouraged to align their national policies and strategies with the SDGs, taking into account their unique circumstances and priorities. Similarly, businesses, communities, and individuals are urged to contribute by adopting sustainable practices, innovating new solutions, and advocating for change. Ireland, for example, played a significant role in the creation of the SDGs, co-facilitating the negotiations alongside Kenya. This leadership has continued with Ireland’s commitment to implementing the 2030 Agenda domestically, including through initiatives like the SDG National Stakeholder Forum,

the National Implementation Plan for the SDGs, and the SDG Champions Programmeme which recognises organisations such as Cork Chamber for their efforts in promoting and achieving the Goals.

Why the SDGs matter The SDGs are more than just a set of aspirational goals.

They represent a roadmap for the future we want. By addressing the root causes of poverty, inequality, and environmental degradation, the SDGs aim to create a world where everyone can thrive. They offer a framework for collective action, encouraging governments, businesses, and civil society to work together in partnership to solve the world’s most urgent challenges.

For businesses like those within the Cork Chamber network, the SDGs provide both a moral imperative and a business opportunity. Companies that align their strategies with the SDGs can drive innovation, reduce risks, attract talent, and build stronger relationships with stakeholders. By contributing to the achievement of the SDGs, businesses can help create a more stable, prosperous, and equitable world for all. (continued on p18)

17

COVER STORY

Local actions, global impact Our ongoing initiatives and future commitments The SDGs are central to Cork Chamber’s strategic vision, shaping every aspect of our work, from the Sustainable Cork Programmeme (SCP) to our lobbying efforts and Environmental, Social, and Governance (ESG) management.

As a leader in sustainability, we are deeply committed to making a lasting impact through various initiatives that align with these global goals.

At Fitzgerald House Cork Chamber has made significant strides in enhancing the sustainability and accessibility of our own operations. Recently, we completed a comprehensive retrofit of our office building to improve energy efficiency. This project included the installation of energy-efficient windows, the addition of solar panels to reduce our carbon footprint, and modifications to make the building more accessible to people of all abilities.

We also achieved EcoMerit certification, which recognises our ongoing commitment to environmental performance. Our dedication to biodiversity is further demonstrated through our participation in the All-Ireland Pollinator Plan, where we have taken steps to create pollinator-friendly spaces around our premises.

On the technological front, we installed an electric vehicle charging point to encourage sustainable transportation among our staff and visitors, and we have also implemented an internal policy encouraging the use of public transport whenever possible. These actions, though seemingly small, exemplify how even as an SME, we can lead by example and inspire others to adopt similar initiatives.

Shared Initiatives In addition to our in-house initiatives, we have developed a number of projects focused on supporting our business community. The Sustainable Cork Programmeme (SCP) stands as a cornerstone of our commitment to sustainability. Initiated in May 2020, during the challenging period of the COVID-19 pandemic, the SCP was conceived as a dynamic platform to foster resilience and sustainability within the Cork region. Over the past five years, the programme has successfully brought together diverse audiences, igniting critical conversations

18

about the future of Cork. Through a series of events and discussions, the SCP has consistently focused on the three pillars of Sustainable Development and the SDGs, ensuring that these principles are woven into the fabric of our regional planning and development efforts.

Another significant initiative is the REEValue project, funded by the European Commission. This project focuses on the food, beverage, and transport industries, with the aim of guiding businesses toward greater energy efficiency and investment in renewable energy sources within the value chain. By fostering collaborations among businesses within these specific sectors, REEValue contributes to SDG 7 by mentoring companies on how to access grants and invest in clean energy, SDG 9 by providing industry-specific knowledge to aid in the decarbonisation journey, and SDG 13 by supporting comprehensive climate action initiatives.

In addition to these efforts, Cork Chamber has recently launched the Cork Offshore Renewable Industry Forum (CORIF). This platform brings together key industry representatives from the offshore renewable energy sector to identify the critical policy and infrastructure enablers needed for Cork to fully benefit from the development of offshore renewables. CORIF serves as a collective voice for industry leaders, ensuring that their needs and concerns are heard in discussions on the direction of infrastructure and policy development.

Moreover, our collaboration with Cork City Council and other stakeholders through initiatives like the Open Streets events showcases our commitment to promoting sustainable transportation and community engagement. These events

transform Cork’s streets into vibrant, traffic-free spaces filled with performances and activities, highlighting the benefits of sustainable living.

In addition to our community-focused initiatives, These efforts align with our commitment to advancing Local Green Deal partnerships and supporting Cork City’s Climate Neutral Cities Mission, both within our own operations and among our members.

Looking ahead Cork Chamber is dedicated to continuing this momentum with several upcoming projects. During SDG Week 2024 in September 2024, we are hosting an in-person event under the Sustainable Cork Programmeme, focusing on the crucial themes of infrastructure and biodiversity, and their roles in sustaining Cork’s future.

We are also developing an ESG Strategy within the framework of the SDGs, as well as expanding our community and social initiatives through our recently launched partnership with SECAD and by leveraging technology to enhance accessibility for all abilities in the workplace.

Empowering businesses: embracing the SDGs for a sustainable future Members are encouraged to explore how their own operations can align with the SDGs. Simple steps like engaging in social media campaigns, conducting research, attending an event during SDG Week and participating in national forums can set the stage for meaningful contributions to the 2030 Agenda.

By mapping out activities within the SDG framework, businesses can identify opportunities for innovation and growth that not only benefit their operations but also contribute to the broader goal of sustainable development.

Cork Chamber’s appointment as an SDG Champion is a call to action for the entire business community to embrace sustainability, innovate, and collaborate for a better future. As the Chamber leads the charge, we invite others to join in this critical journey toward a more sustainable world.

To find out more about the United Nation’s SDGs go to https://irelandsdg.geohive.ie/

As we move forward, Cork Chamber will continue its advocacy and lobbying efforts with the support and guidance of CORIF, our Sustainability Committee, and of course our members. We are also eager to collaborate with the other SDG Champions to advance this global agenda together, ensuring that our work contributes meaningfully to a more sustainable and resilient future.

19

CORK COMPANY OF THE YEAR AWARDS 2025

Enter the Cork Chamber Cork Company of the Year Awards 2025!

Is your business leading the way in your industry? Don’t miss the opportunity to have your success recognised.

Apply now for the Cork Company of the Year Awards 2025 and highlight your achievements, innovation, and dedication to excellence.

Closing date for applications th

Monday 14 October

Media Partner

20

To enter visit

CorkChamber.ie

ESG

Naoimh Frawley, Director of People, Operations & Governance, Cork Chamber; Vicki Kelly, Employer Engagement with Workability SECAD; Conor Healy, CEO Cork Chamber; Toni McCaul, Social Inclusion Programme Manager SECAD and Rob Horgan, President Cork Chamber.Photo: Diane Cusack

Paving the way for inclusive employment in Cork At Cork Chamber, we are dedicated to making Cork the best place for business.

We play a pivotal role in fostering economic growth and advocating for the interests of local businesses. In line with our commitment to inclusivity and economic development, and in support of the United Nations Sustainable Development Goals (SDGs) 4 (Quality Education), 8 (Decent Work and Economic Growth), and 10 (Reduced Inequalities), we are delighted to partner with SECAD Partnership to launch the WorkAbility Cork: Inclusive Pathways to Employment Programme.

This ambitious five-year initiative, running from 2024 to 2028, aims to enhance career progression and employment outcomes for individuals with disabilities in Cork.

The programme, co-financed by the European Social Fund Plus (ESF+) under the Employment, Inclusion, Skills, and Training (EIST) Programme 2021-2027, and administered by Pobal with support from the Department of Social Protection (DSP), is poised to make a significant impact on the local workforce.

The WorkAbility Programme is part of a broader effort to support people with disabilities in achieving their employment goals. The initiative is designed with three core objectives: 1.

Enhancing Employment Prospects: Improving the employment opportunities of individuals with disabilities who are distant from the labour market.

2.

Employer Capacity Building: Supporting employers in recruiting, retaining, and advancing employees with disabilities.

3.

Fostering Collaboration: Building strong partnerships among key stakeholders to create a unified approach to inclusive employment.

To achieve these objectives, Cork Chamber and SECAD will actively engage with employers throughout Cork, promoting the benefits of hiring people with disabilities and facilitating a range of supportive measures. A key element of the programme is its focus on employer engagement. This

will involve raising awareness among employers about the various state supports available for employing people with disabilities.

Through these efforts, Cork Chamber and SECAD aim to create a more inclusive workforce in Cork, ensuring that people with disabilities are fully supported in their employment journeys, and that employers are equipped to create and sustain inclusive workplaces. The WorkAbility Programme is set to transform the employment landscape in Cork, making it a model of inclusivity and opportunity.

Get Involved If you are interested in learning more about the WorkAbility Cork Programme, please contact: Naoimh Frawley, Director of People, Operations & Governance, Cork Chamber at naoimh@ corkchamber.ie or Vicki Kelly, Employer Engagement with Workability, SECAD Partnership at vkelly@secad.ie

21

SUSTAINABILITY

Pictured above: Paul McGuirk, Cork City Council; Alicia Mateos-Cárdenas, Cork Chamber and Kieran Lettice, Energy Cork.

Shaping a sustainable Cork City: The role of Local Green Deals Recently, Cork Chamber, along with Cork City Council, travelled to the city of Porto, Portugal, to represent the city’s commitment to sustainable growth at the European Intelligent Cities Challenge (ICC) Conference and Mayors – Business Forum. This landmark event brought together European leaders and mayors to advance Local Green Deals (LGDs), focusing on building foundations for LGDs and fostering public-private partnerships to shape the future of our cities.

This two-day event was filled with training sessions and workshops to equip participants with the tools to progress Local Green Deal initiatives at a regional level. Cork Chamber was actively involved in the ‘energy and renewables’ workshops, which highlighted innovative solutions such as energy clusters, energy efficient buildings, and local energy communities. These initiatives are crucial for reducing energy costs and addressing energy poverty across Europe.

Discussions led by LGD experts emphasised the importance of collaboration between cities, businesses, and communities to tackle energy challenges. The insights gained bolster Cork’s commitment to sustainable energy solutions that are equitable and beneficial for all.

During the event, the ICC Mayors – Business Forum took place, which provided a platform for business representative organisations and mayors to discuss how the European Commission can enhance public-private partnerships.

The concept of an LGD is closely aligned with Cork’s strategic vision for 2030, which aims to transform the city into a smart,

22

sustainable urban hub. These discussions are timely given the broader European context. The European Union’s Green Deal Industrial Plan emphasises the need for climate neutrality by 2050, which requires innovative business models and strong industry cooperation. Cork Chamber’s participation underscored the city’s alignment with these European goals and the role of our business community in driving local economic resilience and sustainability.

Cork 2030: A vision for a sustainable city and a call to action Cork’s 2030 vision is centred on becoming a smart city that integrates technology and sustainability to enhance residents’ quality of life. Key pillars of this vision include energy efficiency, green transportation, and digital infrastructure— areas also central to the Local Green Deals discussed at the event. Cork’s commitment to these initiatives is crucial for achieving a sustainable future.

It is clear that cities across Europe, including Cork, must act to implement Local Green Deals in line with the REPowerEU Plan, which stresses the urgent need for energy efficiency and renewable energy production to counter rising energy costs and ensure long-term sustainability.

Cork Chamber is proud to lead these efforts, advocating for policies and partnerships to drive Cork toward its 2030 sustainable vision. The knowledge and strategies gained in Porto will be instrumental in shaping Cork’s approach to sustainable urban development, ensuring a greener, more resilient future for all.

Energy efficiency and renewable energy workshop Irish businesses must adopt practical solutions to reduce costs and lower emissions to stay competitive in today’s market. To support this, REEValue is hosting an event featuring both Irish and international experts who will provide targeted advice on best energy practices.

By attending, you will: •

Learn from the Best: Hear from industry leaders and real-world examples, including case studies from an Italian gelato company and a Cork-based family-run food company.

This half-day event will consist of two sessions. The first session will set the stage by presenting cost-saving energy solutions and best practice case studies, followed by a networking opportunity. Our list of speakers include both national and international organisations such as Ballymaloe, ClimeAction, Cork Chamber, ECOfleet/AEMS, Malta Business Bureau, Sammontana Italy and The Energy and Water Agency of Malta. The event will conclude with a ‘Take Action’ panel, including a Q&A session, where attendees will learn about various grants available to SMEs through the Local Enterprise Office (Cork City), the Sustainable Energy Authority of Ireland (SEAI) and EENergy.

•

Discover Cost-Effective Solutions: Gain practical knowledge on reducing energy costs, lowering emissions, and improving operational efficiency.

•

Access Funding Opportunities: Learn about various grants and funding options available through the Local Enterprise Office and the Sustainable Energy Authority of Ireland (SEAI) that can support your energy efficiency and sustainability projects.

•

Network with Peers: Engage with like-minded professionals, entrepreneurs, and industry experts.

This is an excellent chance to exchange ideas, explore collaborations, and build connections that can support your business’s sustainable growth.

SMEs will be equipped with the tools and information necessary to implement effective energy strategies, leaving with a clear understanding of the next steps to take to make their business more energy-efficient and sustainable.

The event will be held on the 24th October at Republic of Work, from 8.30am to 12.30 pm. This is a unique opportunity to learn how REEValue can support your journey toward becoming a more sustainable business. REEValue is a European Commission-funded project that assists businesses in the food, beverage, and transport sectors in enhancing energy efficiency and investing in renewable energy sources.

Who should attend?

•

SME Owners and Managers, particularly those in the food, beverage, and transport sectors, looking to improve their energy efficiency and reduce operational costs.

•

Professionals responsible for overseeing and implementing sustainability initiatives within their organisations, to understand the financial benefits and grant opportunities related to energy efficiency investments. Interested in optimising processes for energy efficiency and sustainability.

•

Entrepreneurs and Startups, particularly in the early stages who want to incorporate sustainability into their business models from the outset.

In-Person - Free to attend Open to members & non-members registration essential

For more information contact Alicia Mateos-Cárdenas, REEValue Project Coordinator, (alicia@corkchamber.ie) or visit www.corkchamber.ie/international/reevalue/

23

INNOVATION SERIES

Bridging the gap between research and application: The Cork Smart Gateway’s mission to innovate The Cork Smart Gateway (CSG) is on a mission to position Cork as a leader in innovation and smart city development.

An initiative funded by Cork City Council, Cork County Council and University College Cork, and backed by a strategic and cross-functional steering group, the CSG serves as a hub for fostering collaboration among industry, academia, public sector bodies and the community.

The CSG is dedicated to three core objectives: connecting key stakeholders to enhance Cork’s innovative ecosystem, driving the development of new smart projects while supporting existing ones, and amplifying the region’s ongoing innovation efforts.

Building an Innovative Ecosystem: Collaboration, Networking and Promotion Cork boasts a robust innovation ecosystem, fuelled by the synergy of public and private sector organisations.

The CSG plays a pivotal role in ensuring that this ecosystem operates cohesively.

Through monthly steering group meetings and regular engagement with stakeholders, the Gateway facilitates seamless collaboration. It organises events to promote knowledge sharing and networking, and represents members at local and national events, where it highlights Cork’s cutting-edge projects.

24

Then Minister for Enterprise, Trade and Employment Simon Coveney launching ‘Business Development in Cork: An Entrepreneurs Guide 2024’ with (l-r): Dr Niall O’Keeffe, Head of Enterprise, Local Enterprise Office, Cork City; Kathy O’Dwyer, Career Training Internships and Employment and Sean Lotty, Cork Smart Gateway.

Looking ahead, the CSG is preparing for an exciting year filled with in-person and online events designed to foster collaboration, network-building and knowledge exchange.

The CSG is partnering with the Tech Industry Alliance to showcase the groundbreaking research conducted

by UCC’s School of Computer Science and its affiliated research centres – Insight, NASC, CONNECT and LERO. These research centres are at the forefront of advancements in AI, data analytics, cybersecurity, 5G, software development and more. This event aims to strengthen ties between local academia and industry, driving Cork’s status as an innovation hub.

Promoting Innovation: Upcoming Webinars and Digital Initiatives The CSG will also launch a series of webinars focused on different facets of Cork’s innovation ecosystem. The first webinar, in collaboration with the Local Enterprise Office Cork City, will explore opportunities for SMEs to engage with the recently established ENTIRE European Digital Innovation Hub. Funded by the European Union and supported by Enterprise Ireland, the ENTIRE European Digital Innovation Hub is a one-stop-shop for businesses embarking on their digital transformation journey. Leveraging the expertise of the Nimbus Technology Gateway, University College Cork,

the Tyndall National Institute and the Walton Institute, the hub offers businesses access to personalised training, workshops, mentorships, and cutting-edge technologies. These resources empower businesses to explore innovative solutions, upgrade their processes, and unlock new growth opportunities.

Local Innovation Driving Positive Change for Cork’s Residents and Businesses At the heart of the CSG’s mission is the drive to create tangible benefits for the city and its residents. One recent project exemplifies this commitment: a collaboration to pilot a smart street initiative. The project involved deploying five Telraam S2 sensors across key streets in Cork – MacCurtain Street, Bridge Street, North Main Street and Oliver Plunkett Street. These sensors monitor and categorise all forms of street traffic, providing crucial data to help inform future planning.

In another initiative, the CSG and the Local Enterprise Office Cork City joined together to produce ‘Business Development in Cork: An Entrepreneurs Guide 2024’. This digital guide simplifies access to the wide range of supports available to SMEs across Cork.

The CSG is also developing future projects, including a collaboration with the University College Cork Green Campus Programme to deploy SODAQ mobile bicycle-mounted air quality sensors. The sensors will measure the air quality on UCC’s campus and along commuting routes and the use of active travel around UCC, providing valuable data to Cork Healthy Cities, UCC’s Centre for Research into Atmospheric Chemistry (CRAC), and Cork City Council’s Air Quality Unit.

Shaping the Future of Cork Through Innovation The CSG is not just a platform for collaboration – it’s a catalyst for change, driving the city towards a future where technology and innovation create lasting benefits for businesses and residents alike. With an ambitious agenda and a commitment to fostering connections between research and real-world applications, the Gateway is setting the stage for Cork to become a beacon of smart city excellence. As new projects unfold and existing initiatives gain momentum, the CSG continues to build a thriving innovation ecosystem that will shape the future of Cork for generations.

Visit corksmartgateway.ie and follow the CSG on LinkedIn and X to keep up to date with the latest news and projects, and to hear about upcoming events.

Note: The Cork Smart Gateway is backed by a steering group consisting of Cork Chamber, the Tyndall National Institute, Nimbus Technology Gateway, Tech Industry Alliance and Energy Cork.

25

Shield Your Business: Thriving in the NIS2 Era Discover how to safeguard your business in the NIS2 era at our exclusive event with Cork Chamber and Viatel Technology Group on 17 October at The Montenotte.

As October nears, the implementation of the NIS2 Directive in Ireland is poised to introduce substantial regulatory changes, expand its scope to include more industries and impose stricter cybersecurity measures, incident reporting, and accountability for management bodies.

Non-compliance can lead to significant fines, aiming to enhance cybersecurity resilience across the EU. With the Head of Ireland’s National Cyber Security Centre highlighting a “far greater” risk of significant cyberattacks in the next two years, organisations are now looking to their trusted partners for support.

As a complete cybersecurity solutions partner to organisations throughout Ireland, Viatel’s team of experts have been supporting our customers on their journey to navigating NIS2 and creating a robust cybersecurity strategy that protects their business. In order to establish a robust cybersecurity roadmap, understanding regulatory requirements and establishing a cyber-aware culture are paramount for success.

26

“ Cybersecurity is an ongoing journey.

There’s no magic solution that suits everyone, and every business, whether big or small, faces cyber threats.

With increasing risks and stricter regulations, it can feel overwhelming.

But it doesn’t have to be.

Damien McCann Chief Commercial Officer, Viatel Technology Group

The Regulatory Landscape

The threat landscape is constantly evolving, with cybercriminals becoming more sophisticated in their tactics. With the introduction of NIS2, the regulatory environment is becoming even more stringent.

NIS2 aims to improve the cybersecurity resilience of critical infrastructure and essential services across the EU. For businesses in Ireland, this means increased scrutiny and higher penalties for non-compliance. The directive will affect every business, either directly or through their supply chains. This is a significant shift, and organisations need to be prepared.

Five Pillars of Cyber Resilient Organisations

The Importance of Partnership

Cyber resilience is the ability of an organisation to prepare for, respond to, and recover from cyber threats.

Establishing a cyber-awareness within your business is crucial. This involves involves investing in technology and requires a cultural shift within the organisation.

Partnership is key to effective cybersecurity. No company can do it alone. At Viatel, we partner with our customers to understand their unique needs and provide tailored solutions.

We also partner with global tech leaders like Fortinet to leverage the latest technologies and innovations in cybersecurity.

Managed Security Services Managed security services provide continuous monitoring and protection against cyber threats, ensuring systems are always secure.

Email Security Protect communications with advanced email security solutions that prevent phishing, malware, and other email-based attacks.

This collaborative approach allows us to offer comprehensive protection that addresses the specific risks and challenges faced by our customers.

Together, we have the power to create a safer digital world for all.

Speak to our Cyber experts today hello@viatel.com 🌐🌐 www.viatel.com

Cloud Security Secure cloud environments with comprehensive cloud security services, safeguarding data and applications.

Ransomware Protection Implement robust ransomware protection strategies to prevent attacks and ensure quick recovery in case of an incident.

Training and Education Regular cyber training equips teams with the skills to assess situations, flag potential risks, and create a common sense of awareness throughout the organisation. This proactive approach is essential in building a cyber-aware culture.

Industry Insights Shield Your Business: Thriving in the NIS2 Era Thursday 17 October 10.30am � The Montenotte REGISTER AT: chamber.corkchamber.ie/events

27

TRAINING & DEVELOPMENT

Set yourself up for the season ahead with Cork Chamber Skillnet We’re committed to empowering our members with the knowledge and skills needed to thrive in today’s ever changing, competitive business environment.

Our upcoming courses and webinars cover a wide range of topics - from leadership and digital marketing to AI and sustainability. Whether you’re looking to enhance your management capabilities, refine your digital skills, or stay ahead of industry trends, we’ve a course tailored for you.

• Networking in the New Age of Hybrid Working Webinar – Wednesday 16th October – 9:30 am to 11:00 am – online • 360° Feedback

Webinar –Tuesday 29th October - 9:30 am to 11:00 am – online

• Mastering Influence and Communication in a Hybrid World Wednesday 23rd October - 9:30 am to 3:30 pm – online • Intercultural Awareness Webinar –Tuesday 12th November – 9:30 am to 11:00 am – online • MS Excel Intermediate 5 Modules, beginning Wednesday 13th November – 11:30 am – 1:00 pm – online • MS Excel Advanced 5 Modules, beginning Thursday 14th November – 11:30 am – 1:00 pm – online Explore our diverse training offerings and invest in your future success.

Don’t miss out - register today to secure your spot!

To learn more about our courses go to www.corkchamber.ie/training

28

with Mary Quaid, Lady Captain, Lee Valley Golf Club; Conor Healy, CEO, Cork Chamber; Paudie Donegan, Lexus Cork; Michael Sheehan, Paul O’Donovan and Anthony Ahern, Paul O’Donovan & Associates Team; Rob Horgan, President Cork Chamber and Colm Coffey, Captain, Lee Valley Golf Club.

Golf Classic 2024

in association with The Golf Classic in association with Lexus Cork took place on the 29th August at Lee Valley Golf Club. With teams teeing off from 7.30am and over 130 players taking part, there was a fantastic atmosphere around the clubhouse all day and thanks to the support of Chamber members everyone headed out with packed goodie bags.

Congratulations to the winning team from Paul O’Donovan & Associates who had an impressive score of 96 and won One night B&B for two in a deluxe room at The Brehon,

Killarney & TaylorMade Golf Bag’s. They will also represent Cork Chamber at a national Chambers Ireland golf competition in the K Club, Kildare in October.

Well done to everyone who entered and supported the Hole-in-One Charity Challenge in association with O’Donovan Baker LLP Solicitors. While no lucky golfer won the trip to Pebble Beach, nearly €1,400 was raised which will be shared between Autism Assistance Dogs and Ronald McDonald House.

LIST OF WINNERS 1

Paul O’Donovan & Associates

10

Clancy Construction

Nearest the pin – 3rd

2

Hopkins Communications

11

ETL Security

David Manning, Trant O’Meara Group

3

20/20 Window and Glazing Systems

12

Frank V Murphy & Co

4

O’Donovan Baker LLP Solicitors

13

Gas Networks Ireland

5

Orbitus

14

Mackin Consultancy

6

Jacobs Engineering Ireland Ltd

15

Johnson Controls

7

Trant O’Meara Group

16

Cork Airport

8

AIB

17

Grant Thornton

9

Henry J Lyons Architects Ltd.

18

BAM Ireland

Nearest the pin – 6th David Manning, Trant O’Meara Group Longest Drive – 11th Derek Hayes, Clancy Construction Longest Drive – 17th Seosamh McMahon, Gas Networks Ireland

29

Upcoming Events For more information & bookings visit CorkChamber.ie

TUESDAY 8TH OCTOBER | 11AM-12PM

THURSDAY 10TH OCTOBER | 7.30AM-9AM

THE METROPOLE HOTEL

THE METROPOLE HOTEL

Join us for Industry Insights, a new series designed to provide companies with the knowledge they need to navigate the ever changing business landscape.

Our next Business Breakfast will feature Ian Flanagan, CEO, Munster Rugby.

Hear from the expert team in Zurich, who will discuss how investment markets impact the financial performance of organisations, retirement funds and how they shape employees’ health and overall well-being.

Ian joined Munster Rugby as CEO in 2019, bringing with him over 20 years of experience in sports management and a vision to drive the club’s growth on and off the pitch.

With the imminent US presidential elections, Zurich will also examine whether it is political change or the Federal Reserve that runs the show?

Ian will discuss the future of Munster Rugby, outlining his vision and strategic plans to enhance competitiveness, drive commercial success and enhance community involvement.

Speakers will include Rose Leonard, Head of Corporate Distribution & CRM, Richard Temperley, Head of Investment Consulting and Maurice Ryan, Senior Distribution Manager.

Join us to hear how Munster Rugby is addressing the evolving landscape of professional rugby, from investing in player development to expanding global fan engagement.

IN ASSOCIATION WITH

32

IN ASSOCIATION WITH

MEDIA PARTNER

Upcoming Events For more information & bookings visit CorkChamber.ie

THURSDAY 17TH OCTOBER | 11AM-12PM

TUESDAY 26TH NOVEMBER | 7PM-11PM

THE MONTENOTTE

CLAYTON HOTEL BURLINGTON ROAD DUBLIN

Join us for the third installment of the Industry Insights series.

Over 600 business leaders, influential policymakers and key stakeholders will attend this annual black-tie event to celebrate the synergy and collaboration that fuels growth and innovation across these cities.

This event will offer an in-depth discussion on NIS2, the latest EU directive reshaping cybersecurity standards across industries.

Industry experts will identify and address common security vulnerabilities and outline the implications for those impacted directly and from a supply chain perspective.

Speakers will include Damien McCann, Chief Commercial Officer at Viatel Technology Group and Eddie Henegan, Cybersecurity Expert & Founder of Henocon.

IN ASSOCIATION WITH

This year’s guest of honour and keynote speech will be delivered by An Taoiseach, Simon Harris TD. On the night, we will pay tribute to Cork Chamber’s Outstanding Contribution to Business Award recipient for 2024. This esteemed accolade is recognition of an individual’s exceptional career and their instrumental role, extending beyond their organisation to influence their industry, region and beyond.

IN ASSOCIATION WITH

33

RECENT EVENTS

Networking Lunch on Board the Brittany Ferries Pont-Aven In partnership with France Ireland Chamber of Commerce

This annual networking lunch onboard the Brittany Ferries flagship vessel took place on the 14th September. Guests enjoyed a leisurely afternoon exploring the luxurious ferry. The event offered an ideal setting for members to mingle and build connections while indulging in a delicious French-inspired lunch, creating an unforgettable French escape, all without leaving the dock at Ringaskiddy.

Eric Nolan, Cork Airport, Sarah Fagan, Adare, Naoimh Frawley, Cork Chamber, Miriam Manning, TELUS International, Charlie Dineen, The Fota Collection.

Panel Discussion.

Áine Murray, President France Ireland Chamber of Commerce, Jean-Marc Roué, President, Brittany Ferries, Josselin le Gall, French Embassy to Ireland, Cllr. Audrey Buckley, Deputising for Mayor of Cork County, Cllr. Dan Boyle, Lord Mayor of Cork, Toddy Stafford, President, Cobh & Harbour Chamber, Valérie David-McGonnell, Alliance Française de Cork, Rob Horgan, President Cork Chamber.

Rob Horgan, President Cork Chamber.

The Importance of a Wellbeing Strategy - Supported by a Culture of Health & Safety In association with Adare

This insightful session took place online on the 5th September and provided a deep dive into crafting effective wellbeing strategies. Attendees gained valuable knowledge on how effective Health & Safety processes can enhance employee welfare.

Amanda Finnegan, Head of Retained Services and Paul Marson, Senior Health & Safety Consultant, Adare shared valuable insights on fostering a healthier workplace and key principles for developing a robust Wellbeing Strategy, from wellness components to the importance of a practical Health & Safety policy.

MEMBERS

New Members Corner We welcome the following new members Advertising/Marketing/Market Research

BlueDawn Agency BlueDawn Agency helps small and medium businesses get setup with e-commerce and grow their business through digital marketing.

W: www.bluedawnagency.com Brandlucent Brandlucent is a global branding agency created for ambitious B2B tech and professional service companies.

W: www.brandlucent.com Coolagh Content Coolagh Content provides journalism, editorial services, thought leadership and ghost-writing services for local, national and multinational clients.

W: www.coolaghcontent.com Frank and Marci Frank and Marci are an award-winning digital marketing team that specialises in brand storytelling, content marketing, digital strategy and conversion copywriting.

W: www.frankandmarci.com Marsh Media Marsh Media specialises in innovative marketing solutions for credit unions, enhancing brand visibility, member engagement, and growth through tailored digital strategies and content creation.

W: www.marshmedia.ie

Architects/Town Planners

36

E.R. Design Architects Ltd E.R. Design Architects are a design led architectural practice, based in Cork, with a track record of commitment to design excellence in the field of architecture, planning and urban design.

W: www.erarch.net

Building Contractors/Providers

Power Group The Power Group offers comprehensive construction, labour and transport solutions across Cork and Ireland. It is made up of power aggregates, power haulage, power labour solutions and power plant hire.

W: www.powergroup.ie

Charities

Anam Cara Anam Cara provides bereavement support to bereaved parents regardless of the circumstances or age of the child.

W: www.anamcara.ie

Chemical/Pharmaceutical

Water Technology Ltd Water Technology Limited provides our customers with a complete range of hygiene, water treatment, boiler and cooling tower treatment, specialised chemicals, food ingredients / process aids and support services.

W: www.wtlireland.com

Consulting Engineers/Quantity Surveyors

Enviroguide DNV Enviroguide Consulting is a multi disciplinary consultancy specialising in the areas of environment, sustainability, waste management, planning, engineering and GPS land surveying.

W: www.enviroguide.ie

Cyber Security

Proofpoint Proofpoint provides the most effective cybersecurity and compliance solutions to protect people on every channel including email, the web, the cloud, and social media.

W: www.proofpoint.com

Event Management

Cork Event Planning Cork Event Planning specializes in event planning and organization management, with 25 years of experience in hospitality we can make it happen.

W: www.corkeventplanning.ie

Financial Services/Pensions/ Investment

Blueprint Financial Planning Blueprint Financial Planning provide impartial and informed financial advice to our clients affording them peace of mind and allowing them to build the financial future they desire and achieve the goals that are important to them.

W: www.blueprintfp.ie

Food/Drink

Shelly’s Shelly’s creates selection boxes of wholesome, home-baked goods that can be gift wrapped to mark life’s special occasions and celebrations.

W: www.shellys.ie

Hotel/Accommodation/Conferences

Mount Juliet Estate Mount Juliet estate in Kilkenny offers luxurious five-star guestrooms, Michelinstarred dining, a world-class golf course, and extensive amenities, perfect for leisure and corporate events.

W: www.mountjuliet.ie Só Hotel Group The perfect hotels for both leisure and business trips. Só Hotels provides not only the perfect escape but meeting and event offerings to ensure all your needs are satisfied.

W: www.sohotels.ie

IT Services

Giyst Giyst leads in AI video summarization, generating automatic summaries, snippets, transcripts, and captions.

W: www.giyst.com

Management Consultants

Marbral Advisory Marbral Advisory help organisations manage change and transformation in the digital world.

W: www.marbraladvisory.com

Manufacturers

Ground Wellbeing Ground Wellbeing, based in Cork, manufactures natural wellness products and treatments, using 100% plant-based, cruelty-free ingredients with a focus on sustainability and holistic wellbeing.

W: www.groundwellbeing.com Victoria Mincu Apparel and fashion, high quality tailoring, bespoke, garment transformations, alterations, tailoring courses for the younger generation and handmade embroidery.

Instagram: @artstylevip

Office Supplies/Equipment/Furniture

Printing/Packaging

Services

Smurfit Westrock Smurfit Westrock offer an unparalleled portfolio of innovative packaging solutions, ranging from corrugated and consumer packaging to bag-in-box® packaging and point-of-sale displays.

W: www.smurfitwestrock.com

Claire Hurley Mediator & Facilitator Claire Hurley offers expert mediation, facilitation, and career guidance services, leveraging 30+ years in HR to resolve conflicts and enhance organizational and individual well-being.

W: www.hurleymediation.com

Photography

Signage & Print

Fiona Casey Photography Fiona Casey Photography, based in Cork, Ireland, specialising in headshots and portrait photography.

W: www.fionacasey.com

Quality Print With 50+ years experience Quality Print is one of Cork city’s most experienced print and signage houses. We have everything you need for your business all printed and manufactured in-house utilising the latest technology and machines.

W: www.qualityprint.ie

OSM Photography Audio & Visual Solutions Creative commercial and corporate photography, video and audio production company based in Cork, specialising in the advertising, editorial & public relations sectors.

W: www.osmcommercial.com

Transport

Deasy Coaches Ltd Services range from local coach hire in Cork city and county to corporate bookings for companies, conference bookings, clubs and private groups, to those special occasions and of course our guided tours of Ireland.

W: www.deasycoaches.com

Renewable Energy

SE Systems Delivering turnkey, energy-saving projects for residential, commercial, community and public sector clients.

W: www.sesystems.ie

sponsored by

Interactive Interiors Cork based commercial and residential design and fit-out company, specializing in designing office spaces and bespoke furniture.

W: www.interactiveinteriors.ie

Quarterly Economic Trends The quarterly Economic Trends report captures a snapshot of experiences and of the overall operating landscape for businesses across the Cork region.

The report is based on member survey and the results inform our agenda and advocacy activity.

Rising business costs pose the top reason for a lack of confidence in the economy cited by 21% of business respondents, followed closely by housing supply (20%) and inflationary pressures (13%).

Economic Trends QUARTER 4 2023

Pat Drinan, Homehak Cost inflation is a big issue. It is getting more expensive to employ staff and this is likely to continue with changes to sick pay and pension auto enrolment in 2024.

John Tuite, TLI Group

BUSINESS CONFIDENCE

Businesses are grappling with pervasive skills gaps evident across various sectors and professions. Particularly noteworthy are the acute skills gaps prevalent in science, engineering, and technology professions. Beyond these sectors, the survey results highlighted significant skills deficits in finance, marketing, sales, and customer service.

PROBABILITY OF CONTINUED SKILLS SHORTAGES 5%

Very likely Likely

1. Upskilling/reskilling 3. Digitalisation/automation 4. Partnering with further and higher education institution

21%

Unlikely

43%

Upskilling and reskilling initiatives were identified as the most prominent action businesses are taking to combat skills shortages, followed by remote/hybrid working strategies and digitalisation/ automation efforts. Businesses also reported undertaking collaborative approaches to talent attraction by partnering with further and higher education institutions. While others are reevaluating their current skills strategies.

Where specialist skills gaps exist locally businesses report that they are recruiting from elsewhere mainly the EU, the UK and USA.

When asked how likely skills shortages are to continue over the next 12 months, a notable 64% express concern, with 21% deeming shortages very likely and 43% likely. 31% consider shortages unlikely, while a mere 5% are highly optimistic.

ANTICIPATED SKILLS SHORTAGES

BY POSITION

CONFIDENCE IN THE IRISH ECONOMY VERY CONFIDENT 5% CONFIDENT 75%

5%

Junior/executive level

Senior/director level

From an overall financial perspective, respondents’ confidence in their business has remained high quarter on quarter throughout 2023 and Q4 was no different for the business community with 95% citing confidence.

67%

TURNOVER AND NET PROFIT Q4 2023 Increased Stayed the same Decreased

56%

2. Cost of energy and raw materials/availability of housing/rental accommodation for employees (joint 2nd) 3. Changing consumer spending/reduced orders The Q4 survey has once again identified skills availability as the foremost threat to business growth. In a shared second position is the ongoing concern surrounding the cost of energy and raw materials and the availability of housing and rental accommodation for employees, followed by changing consumer spending patterns.

EMPLOYMENT OUTLOOK

32%

38%

INCREASED 41%

43%

12%

19%

% TURNOVER

% NET PROFIT

Heading into Q1 2024 the sentiment is positive and 57% of respondents expect an increase in turnover, 34% expect no change and 9% anticipate a decrease. Net profits are expected to rise in Q1 with 51% anticipating an increase, 37% no change and 12% expect a decrease.

RESPONDING BUSINESSES Sole Trader

16%

Micro Enterprise (2–10)

CHANGE TO EMPLOYEE NUMBERS OVER Q4 2023

11–50

6%

51–100

9%

101–200

10% 33%

26%

201 +

STAY THE SAME 50% DECREASED 9%

In Q4, 41% of business respondents had vacancies advertised and 39% reported difficulties in filling them (i.e. remaining unfilled for more than 3 months since initial advertisement).

NOT CONFIDENT 20%

Despite this challenging labour market, 47% of respondents plan to increase employee numbers over the next 12 months and only 1% expect them to decrease.

Despite international instability which has impacted supply chains, market dynamics and overall economic conditions, it is noteworthy that confidence in the Irish economy has exhibited resilience throughout the fourth quarter,.

Specialist skills shortages have consistently remained the foremost obstacle in filling vacancies and continue to pose challenges to 67% of respondents. The availability of housing has been highlighted as the second most prominent challenge to filling vacancies (19%) followed by wage demands (11%).

38% 57%

3%

19%

Other

2. Remote/hybrid working

5. Developing new skills strategies

31%

Very unlikely

TOP BUSINESS ACTIONS TO COMBAT SHORTAGES

11%

Housing

NOT CONFIDENT 5%

TOP THREATS TO BUSINESS GROWTH

BUSINESS SKILLS NEEDS AND GAPS

TOP BARRIERS TO FILLING VACANCIES

Specialist skills shortage

Wage demands

CONFIDENT 95%

1. Skills availability

Mid/management level

View the latest Economic Trends on https://www.corkchamber.ie/quarterly-economic-trends/

There is enormous potential to use existing housing stock to alleviate accommodation shortages as well as to boost the income levels of Cork citizens.

The responding businesses represent a broad range of sectors: Life Sciences & Manufacturing (13%), Agriculture, Food & Drinks (2%), ICT & Digital Economy (9%), Tourism, Hospitality, Retail & Leisure (16%), Culture, Arts, Community & Media (2%), Built Environment (10%) Education & Training (1%), Services (including Financial) (35%), Transport, Energy & Maritime (10%), Health (2%).

We thank members for your valued insights and engagement with this survey. Your participation is vital. All previous quarterly economic surveys can be found on www.corkchamber.ie.

37

MEMBERS

Cara Partners to invest €130m in Little Island facility Cara Partners, a member of Germany’s Schwabe Group, has announced a €130m modernisation and expansion plan for its Little Island Facility in Cork. The new multimillion-euro investment is expected to create 60 new highly skilled roles over the next four years. The company said its expansion will result in the development of processes to produce 15 additional Active Pharmaceutical Ingredients (API) products at the Little Island facility.

There will also be significant investment in modernising and increasing the volume of the production of its existing API product. Stephen Kenny, Cara Partners General Manager, said this investment in Cara Partners will secure the future of the site for the next decades and will provide great job opportunities for the people of Cork and nationally. “From the inception, Schwabe, a family owned and run business working with Cara Partners have developed an excellent culture in Cork, both in terms of the technical ability of the staff and a very innovative fulfilling environment,” he added.

Sustainable waste management award for The Maryborough Hotel The Maryborough Hotel is proud to announce that it has been awarded the ‘Zero Waste to Landfill’ Certificate, recognising its significant achievement in sustainable waste management. The certification, supplied by an independent body, positions The Maryborough & Spa as the first hotel in Ireland to achieve this milestone, further cementing its commitment to environmental responsibility. Nestled within 18 acres of 300-year-old gardens and woodlands, The Maryborough Hotel has always valued its natural surroundings. Protecting this landscape and reducing its environmental impact is central to the hotel’s ethos. The certification reflects the hotel’s broader commitment to sustainability and builds upon its ongoing environmental efforts. To achieve this certification, the hotel collaborated with Circular Economy Consulting (CEC). An audit conducted by CEC provided a detailed analysis of The Maryborough’s waste practices, and the data was digitised using artificial intelligence to track waste streams in real-time.

EazyCity celebrates 20 years Enrico Zoppi and Julia Lynes, Co-Founders of EazyCity recently celebrated a significant business milestone. Joined by current and past team members, partners, host families, friends and family, they marked this special milestone at a party in Cork, whilst also announcing details of their new brand, The Learning Abroad Co. and exciting new plans for further expansion. What started out 20 years ago, finding accommodation and language courses for students from Europe, has now grown into a company with more than 20 employees and offices in Ireland, Italy, Spain and the US. The US is exciting new territory, where The Learning Abroad Co. will offer a variety of learning programmes in Europe tailored specifically for US-based students. With an office in Florida, their primary focus is on establishing partnerships with US colleges and universities. The EazyCity brand will continue to operate as an accommodation platform, offering self-catering options for EazyCity Co-Founders, Julia Lynes and Enrico Zoppi pictured with Marta Ponte, students and professionals in Cork and Dublin.

Group Head of Marketing at the recent company celebrations.

38

Lilly expands manufacturing footprint in Ireland Eli Lilly has announced a one point eight billion dollar expansion of its manufacturing sites in Cork and Limerick.

The investment of one billion dollars in Limerick will increase production of biologic active ingredients for the company’s portfolio of treatments for Alzheimer’s disease which have proved promising. The company has also unveiled its new 800 million dollar facility expansion in Kinsale which began making medicines last year to meet demand for Lilly’s diabetes and obesity treatments. Lilly says the additional investment in Cork and Limerick is part of the most ambitious manufacturing expansion agenda in the company’s history. These state-of-the-art facilities will contribute to the treatment of diseases affecting millions of people across the world. They will also create hundreds of new jobs, directly and indirectly, adding to the thousands already employed in Ireland by Lilly.

Celebration of hope Cork ARC announced Kearys Motor Group as title sponsor of its largest fundraiser to date - the 2024 Gala Dinner entitled ‘A Celebration of Hope.

Kearys are joined by Cork busineses, Floortech, O’Flynn Group and Induchem Group, as they unite to provide vital services for cancer patients in Cork via this sold-out fundraising event. Funds raised will go to provide vital acupuncture services to help the clients Cork ARC supports. Acupuncture can be a helpful intervention in the multidisciplinary care of people living with and beyond cancer.

Sponsors Brendan Keary, Kearys Motor Group; Dave Carroll, Induchem; Michelle O’Flynn, O’Flynn Group; Stephen Teap, Cork ARC Cancer Support House and Tony Lehane, Floortech pictured at the launch of the 2024 Cork ARC Gala Dinner “A Celebration of Hope”.

ePower secures investments of €16million Irish electric vehicle charging company ePower has secured €16m in recent rounds of investment, which it said will significantly drive the business forward in the future. ePower said the latest funding has seen further investment from a number of sources including existing shareholders and new private investors. Davy Financial Services, McCann Fitzgerald and Regan Wall assisted in the fundraise. International investment came from a fund managed by Impax Asset Management, a UKbased investor that specialises in the transition to more sustainable economy. It said that while this is the first time Impax has invested in the company, they have been active in Ireland in the renewables space for several years ePower has offices in Dublin and Cork and operates nationwide with a workforce of over 60 people. It offers technology and priority support for electric vehicle charging and solar PV solutions for homes, businesses and the public and was recently named as one of the companies involved in the Government’s latest rollout of public EV charging facilities.

39

SUBSCRIBE TO ACCESS ALL OF THE IRISH EXAMINER

Stay up to date on key business news and hear from our expert columnists.

Join our community to unlock unlimited access and exclusive benefits.

S

S

WHY SUBSCRIBE? S

Unlimited access

S

S

Subscriber content

Daily ePaper

Best value

ANNUAL DIGITAL

€120 €80

Additional benefits

Connect

MONTHLY DIGITAL

€10 €4 / month

irishexaminer.com/subscribe Ts&Cs apply.

Cancel anytime

MEMBERS

Michael Lohan, CEO, IDA Ireland, Remi Thomas, CFO, Proofpoint, Minister of Enterprise, Trade & Development, Peter Burke, Kim Sullivan, Chief People Officer, Proofpoint, Kevin Leusing, Proofpoint’s CTO EMEA.

Proofpoint opens new office in Cork, creating 250 new jobs Proofpoint a leading cybersecurity and compliance company, announced that it is expanding its global presence with a new office in Cork, Ireland. The new location will serve as Proofpoint’s international hub, creating more than 250 jobs in the next two years – with plans for ongoing, active recruitment and continued investment in the region.

With global headquarters in Sunnyvale, California, and offices worldwide, including in the UK and Northern Ireland, Proofpoint helps companies around the world stop targeted threats, safeguard their data, and make their users more resilient against cyber attacks. The Cork city centre hub will initially house key functions for the business, including engineering, research and development (R&D), customer support, finance, and marketing.

“Proofpoint is committed to delivering world-class technology through relentless innovation, continuously evolving our human-centric solutions to address some of today’s most

challenging business security needs. We invest more than 20% of our revenue back into research and development – among the highest rates in the industry – to stay ahead of attackers’ evolving tactics,” said Rémi Thomas, Chief Financial Officer, Proofpoint. “Our expansion into Ireland is critical to our international growth, solidifying our ability to protect European organisations and our commitment to delivering innovative technology that addresses our customers’ needs.”

“We are thrilled that Proofpoint has selected Cork for its new international hub,” said Michael Lohan, CEO of IDA Ireland. “This choice emphasises the critical importance of regional investment and showcases the South-West region’s established cybersecurity cluster and the abundant talent available regionally and indeed across the country.

Proofpoint’s expansion further solidifies Ireland’s reputation as a premier location for global cybersecurity and compliance companies. We eagerly anticipate supporting their growth and continued success in Cork.”

Sign up for water service updates

New text alert service available to customers across 1.6 million households

Uisce Éireann has launched a new Text Alert service and is urging businesses to sign up for real-time updates on water supply works and services in their area. The system is free-touse and is available to all Uisce Éireann customers nationwide.

Those who sign up will receive a text notification on supply interruptions or water quality events that last longer than four hours. It will also include details on planned water supply issues in your area. Signing up for this new service is simple.

Customers (both domestic and non-domestic) can do so by inputting their Eircode and mobile number on the Uisce Éireann website at the following link: https://www.water.ie/ water-service-updates.

Uisce Éireann research shows that in the past year alone, they have had more than two million interactions with customers via a range of channels including phone calls, texts and emails. Almost three quarters of their customers said they wanted to hear about water services, with over half

of businesses indicating they would be interested in being regularly notified. The new Text Alerts service now allows customers to sign up for such updates.

41

RECENT APPOINTMENTS

CIARAN LUTTRELL

Vice President Global SOC Operations, eSentire Ciaran Luttrell is now Vice President Global SOC Operations for eSentire, a global managed detection and response company. Luttrell has worked for eSentire since 2015, setting up the company’s first international security operations centre (SOC) and supporting its international development around security services. Alongside his work for eSentire, Luttrell is involved in the company’s sponsorship programme for students and in the Cyber Innovate programme with Munster Technological University.

BECCA DOWLING

Life & Income Protection Specialist, Oaktree Financial Services Oaktree Financial Services are delighted to announce the appointment of Becca Dowling as Life & Income Protection Specialist. Becca is a qualified & experienced financial advisor.

Becca has worked in the industry for over 6 years and worked as a Mortgage & Life Specialist before joining Oaktree Financial Services. In her current role, Becca provides expert advice on Life, Income & Family Protection. Becca’s strength is collaborating with clients to identify adequate protection against life’s uncertainties. Committed to simplifying financial jargon, Becca ensures her clients have a grasp on the ins and outs of their policies. Becca’s priority is to help attain financial protection for her clients and in turn, peace of mind.

Investing in our clients’ futures 42 Retirement, Pension Consultancy & Investment Specialists

provest.ie

Helping ambitious companies innovate and grow internationally

#EENCANHELP Get Started!

For more information, contact monica@corkchamber.ie

Your business can hack off the hackers Keep devices and data safe with our cybersecurity solutions and support

Search Your Business Can