Dáil Éireann Debate, Tuesday - 7 November 2023
407. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment if Enterprise Ireland has the capacity for analysing novelty in the technology space; and if it needs to develop a more holistic perspective to the tech sector. [48031/23]
View answerEnterprise Ireland's Horizon Scanning Team conducts ongoing assessments to identify emerging trends, innovations and opportunities across the technology space, both nationally and across global markets. By doing so and by adopting a long-term timeframe, Enterprise Ireland is able to strategically advise it’s client companies on the research and development as well as on strategic business decisions required to capitalise on emerging and novel technology opportunities. Through its Horizon Scanning activities, Enterprise Ireland is able to extract and filter relevant data and information to construct ‘what next’ scenarios, helping to identify the important business and technology drivers for the organisation and for EI client companies. Enterprise Ireland’s Horizon Scanning activities also enables the organisation to formulate strategic responses to emerging technology, for example, helping to inform the work priorities and investment decisions of the Research and Innovation Division, the Disruptive Technologies Innovation Fund (DTIF) and High Potential Start Up (HPSU) teams. By leading the way in discovering and understanding the business transformation and emerging technologies trends for the future, Enterprise Ireland supports its clients with their innovation actions and helps them sustain, grow and scale their businesses. Enterprise Ireland has strong internal, national, and international technology industry relationships representing a combined expertise that provides it with unique insight into the technology space, helping to drive strategic decision making and support client companies to innovate and grow.
