Ireland is one of the best EU bases for start-ups, argues IT expert
Ireland is one the best environments in Europe for start-up industries, but the country still needs more strategic thinking and cross networking. That’s according to Dr Mícheál Ó Foghlú of the Irish mobile app start-up FeedHenry.
Ó Foghlú, who is chief technology officer with the cloud-based mobile app platform solutions company, said today it was never as important for Irish start-ups to cluster, engage with one another and network.
"Ireland's image abroad remains good. There is an understanding around the globe that we are coming to terms with our financial crisis and we are taking corrective action. We've just come back from the Mobile World Congress in Barcelona, where we had a stand in the Enterprise Ireland pavilion. We found huge traction there among telecoms operators from Europe and across the globe," said Ó Foghlú.
Dr Mícheál Ó Foghlú, CTO, FeedHenry
He said, however, that Ireland needs to foster more "creative space" in the way start-ups do business, allowing for strategic thinking and fostering cross networking, especially when trying to clinch deals.
Set up in 2008, FeedHenry itself spun out of the Telecommunication Software & Systems Group (TSSG) at Waterford Institute of Technology.
Back in July of last year, the start-up secured an investment of €500,000 as part of a larger syndicated round. At the time, the company said the investment would fuel further international expansion, with the aim of creating 15 jobs as a result.
Just on 1 March, FeedHenry announced it would be collaborating with RSA to integrate the security vendor's mobile authentication technologies into its platform.
Ó Foghlú will be speaking at Techovate 2012, which is taking place in Wexford on 21-22 March.
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