Ireland as a Digital Economy

Hi everyone, 

This week I researched '10 reasons why Ireland is a good place to do business'. 

1) Ireland's Economy: IDA Ireland identified that Ireland is stable, competitive, secure and pro-business with it being the fastest growing economy in the Eurozone. This gives anyone looking to do business a feeling of security and safety.

2) Availability of Skilled Labour: According to MGI Worldwide, Ireland's workforce is young, flexible, adaptable and mobile, with strong educations. This ensures that businesses can find skilled workers here and their business has the best opportunity to strive here. 

3) Low corporation tax rate: MGI Worldwide has identified that Ireland has a low corporate tax rate of 12.5%. This allows businesses to have more money to invest in their operations.

4) Modern Infrastructure: According to IDA Ireland, Ireland's infrastructure is resilient and flexible. This benefits the quality of life and ease of access.

5) Technologically advanced country: IDA Ireland has identified that Ireland have been chosen by leaders of the tech industry (Apple, Microsoft etc) as a country for their major European operations. 

6) English speaking country: According to MGI Worldwide, Ireland is only one of two countries in Europe to primarily speak English. English is spoken globally which makes it essential for business.

7) Good track record for businesses: MGI Worldwide outlined that Ireland has over 1,000 multinational corporations who are continuing to expand their facilities due to the profitability and success they have had. 

8) Laws and Regulations: Gov.ie outlines the set of laws and regulations that Ireland have established which protect individuals and businesses such as IP laws and Copyright Regulations.

9) FDI: Chartered Accountants identified that Ireland is regarded highly in terms of attracting high-value FDI. High-value FDI benefits factors like tax incentives and easy international trade which are good for business.

10) Employment: RTE stated that the employment rate in Ireland is at highest level since records began in 1998. High employment rates reflect to strong economic growth.

If you found this blog post to be interesting, let me know in the comments below. Also, add any extra thoughts you may have on 'Ireland as a Digital Economy'.

That's all from me in this blog. Thanks for reading! If you are new here and would like to learn more about myself and other readers, go to my previous blog post and interact with other readers in the comments!

See you next time!

Introduction - Who am I?

Hello everyone, 

My name is Cian Holden. I am 22 years old. I was born in Kilkenny city and currently live in Waterford city for my studies. I am an undergraduate student at SETU Waterford, Ireland. I am currently studying Bachelor of Business Year 4 where I am specialising in Marketing. For my first 3 years of University I studied International Business with Spanish. After my Erasmus year in Year 3 I transferred course to Bachelor of Business. I have been really enjoying my new course thus far and have strong aspirations to graduate with a degree. 

My highlight of my 4 years in University was my Erasmus year abroad. The new experience of moving to a different country (Spain), learning their culture, sightseeing, attending a foreign University and making new friends was great. I believe Erasmus is a great opportunity for students to mature and learn about themselves and I strongly recommend all students to participate if possible. 

I am currently working part time as a Night Porter in Dooley's Hotel in Waterford city. I enjoy working here, it has a very good environment with great staff, management and customers. Lately I have been considering switching departments within the hotel for more suitable work hours or looking for a new workplace with more relation to Business. This is a decision I will make in the near future. 

Relating my workplace to the Digital Economy introduction, the hotel uses several information systems. Some examples of information systems used include HotSoft, Microsoft Word, Microsoft Excel and booking.com. These systems are primarily used to store data/information about residents staying in the hotel, store automated emails and general information, balance cash registers and plan numbers for public/private events and transfer data along with prices for trips to the hotel. I used these information systems regularly throughout each shift.

Let me know in the comments below the university you are studying in and/or your workplace. I would love to hear more about you!

That's all for me in this blog post. Thanks for reading! Keep an eye out for many more blogs in the future where I will cover content based on several different aspects of 'Digital Economy'.