Intel confirmed yesterday its 2.5B$ commitment to build Fab68 in
By complete coincidence, there is a large delegation of Chinese software companies and associated Government officials visiting
Listening to the alternate presentations – Irish and Chinese – it struck me how different our two software industries are at this time.
The Irish software industry focuses on the global export market, because the home market is so small. From the figures presented this morning, most Chinese software companies currently focus on their domestic market, and do not export very much at this time by comparison.
The Irish software industry has six times as much revenue generated by multinationals operating in
The Irish software industry is primarily focused on the creation of new software products, and associated services. The Chinese industry at this time is focused instead on software outsourcing and business process outsourcing.
One can understand the Chinese focus, given the need to create employment, particularly in the private sector. At the same time, it was interesting to hear an official from
One wonders how these positions will change over, say, the next five years. The Irish industry may need to become less dependent on foreign direct investment and more focused on its indigenous companies. The Irish Software Association is strongly lobbying the Irish Government to considerably increase its IT procurement from indigenous Irish software companies: it is very ironic that many Irish companies in general have much more success selling to Government agencies outside of
The Chinese focus on outsourcing and BPO is also interesting. We were told this morning that in the same way that
Some Irish agency officials pitched
A little bit of Yin and Yang this morning. The true opportunity for collaboration comes from a closer working relationship, and working together to deliver whole products jointly together to specific market niches and opportunities. There are many commercial opportunities in