BUSINESS NEWS
HCS INVESTING FOR GROWTH
COVER STORY
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IT, security and telecoms company HCS is investing €3.2m to double the size of its workforce to 60 people within the next three years and forecasting increased annual revenues of €9m by 2025. Headquartered in Waterford and with a base in Dublin, this investment has enabled HCS to open a third location in Cork. “We expect to see high growth across cyber security and managed IT services in the face of evolving threats and the rise in hybrid working and anticipate further opportunities for growth in the productivity space,” said CEO of HCS, Neil Phelan. “We also expect continued adoption of hosted telephony, driven by flexible working practices and the replacement of traditional copper wires with fibre lines throughout the country.”
Neil Phelan, CEO, HCS
AMERICAN APPROVAL GREEN FUND
More than 95% of US multinationals have a positive view of Ireland as an investment The Government has location, according to a survey of American launched a new €55m Green Chamber of Commerce Ireland members. Transition Fund, designed to help businesses plan for a sustainable future and move away from depending on fossil fuels.
Business
BITES “Robust protections for businesses are important as we see the increasing use of cloud and digital services. Virgin Media’s connectivity portfolio has options for cybersecurity enablement.” Aidan D’Arcy, Vie-President of Wholesale and Business, Virgin Media Ireland
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Students drawn to work for multinationals Multinationals located in Ireland are the employers of choice for thirdlevel students across the country, according to the Most Attractive Employers Index Ireland 2022, published by Universum, which is part of IrishJobs. Google, Microsoft and Apple are the top three employers for Business/Economics, IT and Engineering students, followed by Amazon and Intel in fourth and fifth places, respectively. In the survey of over 8,000 students, Intel has moved into first place as the top preference for Engineering students, with Google ranked second and Microsoft coming third. The main attributes students associate with the tech multinationals are “market success, a willingness to embrace new technologies and innovation”.
InBUSINESS | SUMMER 2022
15/07/2022 15:36
