The Irish Tech Sector Today
For the past 5 years, Ireland has ranked as the fastest growing economy in the European Union. This is in no small part due to its booming technology sector. In this episode, we explore how the Irish tech industry as we know it today came to be.
The Irish Tech Sector Then
The first stored-program computer was purchased by the Irish Sugar company, and it arrived in Ireland in 1957. Its purpose was to perform complex calculations regarding payments to sugar beet farmers. Around the same time, in 1956, the first multinational – IBM – set up in Ireland. A decade later, in 1968, the first indigenous technology company – System Dynamics – was set up.
In the following decades, Ireland would see a growing number of multinationals and indigenous tech companies open up offices. This has enabled a shift in the wider economic and societal outlook of the country. Moving away from an agrarian society towards high value-added industries, from a conservative to a more liberal society.
To learn more, follow us on a deep dive through the second half of the 20th century in the Irish tech sector.
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