Long wave goodbye as Summit relocates

After water and wifi issues at the last two events it’s a wave goodbye that’s set to dominate this year’s Web Summit after its founder signalled his intent to move the event to Lisbon from 2016.

Web Summit founder Paddy Cosgrave delivered the bombshell that November’s event will be the last hosted in Dublin for at least three years, after months of speculation that the event could look for pastures new.

The move comes in the wake of wifi issues that dogged last year’s event and severe water shortages in the capital in 2013 which caused considerable embarrassment.

Whatever about poking fun at the event and its struggles last year, or its ticket prices which have been subject to criticism, there’s no doubt the event has been a remarkable success.

Delivering an estimated €100m to the economy last year was the immediate benefit but the intangible value of attracting tens of thousands of the world’s best and brightest tech minds to these shores can’t be underestimated.

Ask US technology companies, especially early stage enterprises, what they know about the Irish scene and the Web Summit is what most reach for.

As many excellent tech companies we have and notwithstanding the progress we’ve made in fostering an environment for them to grow, we’re a small fish in a big pond.

Having put the country on the map internationally, the Web Summit’s international expansion ironically now sees it depart our shores in what is a blow to the country’s reputation.


Lifestyle

The Leaving Cert points have been tallied, the CAO offers made, and now the hunt is on for student accommodation.Making Cents: Now, first-years must learn how to rent a room

A dermatologist gives their advice on what to do when your skin is suffering from post-partum hormones.How your skin can change post-pregnancy and what you can do about it

Sadly, the deceased Okjokull Glacier might just be the tip of the iceberg.As Iceland mourns a departed glacier – Five glaciers to visit before they disappear

Bride and groom Aoife O’Callaghan and Finbarr McCarthy returned to the scene of their first encounter — and first date — on their big day.Wedding of the week: Aoife and Finbarr's love is true Blue

More From The Irish Examiner