Invest NI Why Northern Ireland Is Number 1 Destination For Ict Inward Investment Into Europe

Northern Ireland Is The Number One Gateway For ICT Companies Expanding Into Europe

Access To:27 countries500 million people

By Jonathan Curran for a presentation to Invest Northern Ireland, December 2009

Contact: [email protected] or +44(0) 792 102 2762

mailto:[email protected]

What makes Northern Ireland the number one choice for overseas investment in Europe?

Crucial

2. Great people

4. ICT Clusters

6. World class R&D

7. Excellent infrastructure

9. Lowest costs

11. Support by Invest NI


Also important

• Political stability• Security of a leading economy• Well regulated economy• Promote entrepreneurship• Cultural similarity• English speaking• Timezone• Quality of life• US/NI ties• 2012 Olympic games in UK


125% Growth P/A

FTSE 100 Entry | Rentokil/Aggreko $3.6bn value

$850 million

$75 million


“Northern Ireland has become a favoured location for Citi for a

number of reasons including proximity to London, excellent

transport links and telecommunications

infrastructure. However the key factor is the quality of the talent

pool available”

Brian McAreavey, DirectorCitigroup Aug ‘09

“Will you be able to recruit your 90 skilled resources when you need to?”

• The UK & Europe's youngest and fastest growing population (60% under 40)

• The lowest unemployment rates at 6.7% and staff turnover of 5% in Europe

• The UK’s top performing region academically by national A-level results

• Two world class universities – Queen’s University and the University of Ulster


• 11,200 currently employed in ICT with sector growth at 15% P/A

• A collaborative approach by government, industry and academia to meet the demands of the global ICT sector

• 24,000 currently in ICT related higher education, 7500 at university


“Northern Ireland provides us with a highly skilled workforce

and an ideal base for serving our European customers”

Alan Black, President & CEOIntelliden, USA

Who’s already there in ICT Technology Clusters

• In 2009 Northern Ireland is the leading region in Europe for inward investment in software development and technical support centres

• 35% of overseas investors into the UK choose Northern Ireland

• 723 ICT companies and growing

• 100 international investors


• World class companies now choose Northern Ireland

•


• World class companies now choose Northern Ireland

• 75% of which have reinvested in Northern Ireland

• Indian outsourcers choosing Northern Ireland for European base

• ICT clusters including wireless, software & data, security, call centre, nano and financial services technology


“NaviNet looked at various options and locations for our new

R&D centre, but as a result of discussions with Invest Northern

Ireland and our recognition of the many attractions of Northern Ireland as a good place to do

business, notably the workforce, we decided to invest here”

Brad Waugh, President & CEO NaviNet, Boston USA

World Class R&DTesting and developing for the next generation

• Two of Europe’s leading universities

• 13 globally recognised R&D centres including…

ECIT Electronics, Communications and IT Research Institute£50m specialising in advanced digital and communications technology

CSPT Centre for Software Process TechnologiesJV with INI and University of Ulster for software development

Nanotech NI R&D for nanotechnologyJV between INI and Queen’s and Ulster Universities

ISEL Intelligent Systems Engineering LaboratoryR&D into computational intelligence

SAP’s Campus-based Engineering CentreResearch centre of SAP into next gen enterprise service orientated architecture and advanced web technologies

World Class R&DTesting and developing for the next generation

“Northern Ireland has world leading R&D in areas of

technology and talented people highly relevant to major

developments in communications, electronics

and IT”

Professor John McCanny, DirectorECIT, Queen’s University

InfrastructureNo dropped calls, no traffic delays

Europe's leading communications network

• 1st region in UK with 100% broadband coverage

• 1st region in Europe to be upgraded to BT’s 21CN network designed to carry devices of the future

• Northern Ireland’s compact size makes it agreat test bed


Northern Ireland has a world class transport system

• 3 airports connecting to Europe’s main cities

• Daily flights to New York from Belfast

• Flights to London almost every hour

• Dublin/Europe 90 mins by road or train

• Europe’s least congested road network


“Independently conducted research has established that

Northern Ireland’s people, infrastructure and cost base make it the best place in the UK – if not

Europe – to set up a customer contact centre”

Ranjit Narasimham, CEOHCL BPO Services Ltd

CostNorthern Ireland is one of the most cost efficient business locations in Europe

ParisLondon

CityDublin

ManchesterWarsaw

Belfast

Office Rent Per Sq. Ft.

Dublin

LondonUK

AverageNorthern

Ireland

Average House Prices


Dublin

LondonUK

AverageNorthern

Ireland

Average Salaries



• -4.8% the cost of living in Northern Ireland within UK

• Lowest corporation tax in G7 at 28%

• Lowest call charges -30% over other main European regions

Support from Invest Northern IrelandAll the way !

Meeting TodayVisit

Scoping& Design

Implementation

OngoingSupport

We’ve helped over 700 businesses and created70,000 jobs for Northern Ireland

You can be operational almost immediately andwill be with you all the way



“Working with Invest Northern Ireland, Intune Networks plans to employ 77 people by 2010…Invest

Northern Ireland’s ongoing support and flexibility in dealing

with the unique needs of our project has been instrumental

particularly as we have initially focused on rapidly building a

strong core of team developers to ramp up on R&D activities”

Jim Fritzley, CEOIntune Networks

What our international friends say723 ICT companies, 100 are overseas investors

“Citi’s experience of Belfast has been very positive. We have

grown over the last four years going beyond the commitment that Citi had originally made in

2005 of 375 jobs by 2009 and now have almost 800 staff”

Brian McAreavey, DirectorCiti Group


“The capacity to innovate lies at the heart of everything we do and we find Northern Ireland provides

an outstanding environment to promote innovation and tap into

talent in the region”

Geoffrey K Hicks, Vice President of OperationsBroadsoft Inc.


“The people we have attracted to Cybersource are highly skilled, dedicated and capable

engineers from across Northern Ireland. Based on their performance to date I am confident

that the Belfast team will continue to perform strongly as we move into the next stage of

planned growth”

Bill McKiernan, CEOCybersource


“Our operation in Belfast has exceeded expectation for the delivery of advanced

software solutions for our global clients. The calibre of people combined with Invest

Northern Ireland’s support and the growing financial services and ICT sectors fits

extremely well with our business objectives”

Stanley Young, CEONYSE Technologies

“Belfast is named as one of the 12 top tourist destinations in 2009”

and…its not just all work


Giant’s Causeway



Strong links with the people of the USA




Titanic £1bn project



Two of the world’s top ten golf courses



Belfast Giants



Victoria Square, Belfast


“Belfast is a must see world top destination for 2007”


“Never discount Northern Ireland until you’ve visited it”

Europe’s number one forICT inward investment

Business

Invest NI Why Northern Ireland Is Number 1 Destination For Ict Inward Investment Into Europe