The technology, media and telecommunications sector continues to see rapid growth. Increasing efficiencies drives down costs, however the continual development of new services and products can be highly disruptive to organisations as well as causing huge changes in society and the way we live.
The growth of social media in the last five years has completely changed the way we communicate with each other and has impacted business models.
Understanding the changes and trends and how they impact on business and society in the short, medium and long terms is vital to the survival and growth of businesses.
As advisors, Deloitte serves 93% of the top TMT Fortune 500 companies and 100% of the top 23 telecommunication companies globally. We at Deloitte are the only Big 4 firm to retain its consulting practice continually throughout the years.
The in-depth knowledge acquired over the years from consulting and working with clients across all facets of their business allows us to understand TMT businesses in greater depth and we use this understanding to enhance the provision of all of our services to our clients.
Furthermore, as the largest IT consulting organisation in the world, Deloitte’s strong TMT practice together with its IT consulting capability allows Deloitte to bring technology solutions and valuable insight to clients across many sectors.
Ireland is firmly established as a key TMT hub in Europe. Over the past 50 years a cluster of major global technology companies have built significant operations here.
More recently Ireland has become the favoured location for social media and gaming companies. The TMT sector in Ireland incorporates the full range of high-tech activities including research and development, high value manufacturing, shared services, software development and supply chain management.
The Irish Government’s steadfast commitment to positioning Ireland as a ‘knowledge economy’ through the promotion of research and development activities in the TMT sector has paid dividends and has been fundamental in building Ireland’s reputation as the obvious location for TMT companies. While the government continues to provide grant aid in accordance with Horizon 2020, the government’s prioritisation plan is now more focused on particular areas of industry, such as cloud computing, data analytics, ICT infrastructure and digital platforms for content and applications, all in the TMT sector.
We can assist you in setting up in Ireland and in your on-going operations here in Ireland. Some of the areas we can help with include:
To discuss in further detail please contact one of our TMT practitioners.