The reasons why Ireland is Europe’s data centre hub
The future is very bright for data centres in Ireland and in Europe; as the data centre industry in Ireland continues to thrive. More and more companies are looking for connectivity, security and are feeling an increased demand in the need to host their digital assets.
Ireland is the perfect location for data centres to locate; some of the world’s biggest global brands, including Apple, Facebook and Microsoft to name a few, have decided to choose Ireland as their hosting destination. With data centre’s across Europe, Interxion are uniquely placed to delve into this trend and answer the question, why Ireland?
The Irish economy Ireland in recent years has had a fast growing economy; this has lead to an increased demand for hosting in Ireland. With more multinationals developing a presence in Ireland, an evolving start-up community and with potential opportunities falling out of Brexit the economy looks set to continue to grow. Over the past ten years, Ireland has attracted a high number of cloud and data companies and they’ve developed into a hub for overseas companies looking to host their digital assets in Europe. Ireland is an open economy which is supported by its corporate tax rate of 12.5%, lower than its European competitors.
Ireland’s location With Ireland’s location in the path of global connectivity between America and Europe, Ireland is perfectly positioned to provide data centres access / or to link data centres to both American and European countries. Ireland is fortunate to be placed right in the heart of the trading world; it is located in the gateway of the European market of more than 500 million people. Facebook, Apple and Google all decided to invest in Ireland, one of the main reasons behind this was the climate, the Irish allows them save on equipment cooling costs. The computer severs running in these data centres create a huge amount of heat, by companies locating in Ireland the Irish weather in a natural and inexpensive way of cooling these computers down.
Educated workforce Ireland’s young, hungry and well educated workforce is another major reason for large multination organisations choosing Ireland as their preferred location. Ireland’s international, experienced, technology-savvy, multi-skilled and multilingual workforce is a major draw for international companies. With 48% of the Irish population aged between 25-34 holding a third level qualification and Ireland been named among the top 10 best educated countries in the world, Ireland is the ideal location as they have the population to meet the job specifications. The ICT sector in Ireland is currently employing over 90,000.
Connectivity Ireland is one of the best connected countries worldwide. It offers a choice of secure connectivity routes to Europe and around the globe. Ireland even has 11 subsea cables that connecting Ireland to the UK. Ireland also offers organisations excellent broadband services.
Host in Ireland Host in Ireland provides Interxion with the opportunity to work together as an industry to promote the benefits of hosting digital assets in Ireland.
Host in Ireland looks to change and shape global industry perceptions relating to Ireland’s digital asset hosting ecosystem by providing timely and accurate information that gives an insight to the industry.
As a business Interxion’s participation in Host in Ireland is an ideal partnership as Host in Ireland work to amplify Ireland as an ideal location for hosting U.S. digital assets. Host in Ireland aims to educate the U.S. market about the digital assets hosting opportunities in Ireland.
Host in Ireland is sustained by the “5 Ps” – Policy, People, Pedigree, Pipes and Power. Ireland’s integration of these five key elements provides a structured foundation for companies of all sizes and markets.
Ireland’s growing reputation has attracted significant investment especially from US based firms, Ireland is currently home to over 1,000 multinational companies. At interxion we believe that the future is bright for data centres in Ireland and Europe; as mentioned above Ireland is the perfect location for data centres. Ireland can provide all the necessary tools for a data service provider, including: a strong growing economy, a well educated workforce, a location between Europe & America and connectivity channels with the rest of the world to name but a few.