Ireland ‘may fail’ to attract hi-tech multinationals

Ireland could lose its ability to keep and attract hi-tech foreign multinationals over its failure to sign up for an EU plan to acquire and deploy a pan-European integrated infrastructure for supercomputers by 2023, the Government has been warned.

Officials from the Department of Business, Enterprise, and Innovation claim there is a reputational risk for Ireland if it does not commit to a joint undertaking being proposed by the European Commission on High Performance Computing.

“Failure to join EuroHPC may signal to these firms that Ireland is not committed to developing infrastructures for future needs.