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What's causing Waterford's tech hub speedy growth?

  • 02-06-2017 10:00am
    #1
    DefinitelyMarc
    Registered Users, Registered Users 2 Posts: 121 ✭✭


    A couple of years ago, the TSSG area was basically all there was. Now there's that Node JS shop, red hat, companies growing much bigger and even regular techie meetups.

    This looked very unlikely a few years ago and I never thought it could happen.

    Did the sale of Feed Henry trigger something?


Comments

  • #2
    dzilla
    Registered Users, Registered Users 2 Posts: 1,819 ✭✭✭dzilla


    I wouldn't really call Waterford a tech hub. A couple of spin outs from the TSSG and one Multinational in Redhat.

    We are still light-years behind Cork and Galway with regards to IT companies here.


  • #3
    DefinitelyMarc
    Registered Users, Registered Users 2 Posts: 121 ✭✭DefinitelyMarc


    dzilla wrote: »
    I would really call Waterford a tech hub. A couple of spin outs from the TSSG and one Multinational in Redhat.

    We are still light-years behind Cork and Galway with regards to IT companies here.

    Regardless, it has grown very quickly in recent years, which is what I'm trying to get at. Some Routematch crowd is even eating up other companies developers all over the shop form what I've heard.


  • #4
    dzilla
    Registered Users, Registered Users 2 Posts: 1,819 ✭✭✭dzilla


    DefinitelyMarc wrote: »
    Regardless, it has grown very quickly in recent years, which is what I'm trying to get at. Some Routematch crowd is even eating up other companies developers all over the shop form what I've heard.

    Route-match have pilfered a lot of staff from the tssg that is true. Probably because they are offering them over the minimum wage :pac:


  • #5
    DefinitelyMarc
    Registered Users, Registered Users 2 Posts: 121 ✭✭DefinitelyMarc


    dzilla wrote: »
    Route-match have pilfered a lot of staff from the tssg that is true. Probably because they are offering them over the minimum wage :pac:

    Speaking of which, I've heard on Reddit that the starting salary for devs in Waterford now is about 35K (Which is about ten grand more than it used to be?!)


  • #6
    Neilinhio
    Registered Users, Registered Users 2 Posts: 36 ✭Neilinhio


    I hear they (RouteMatch) are still looking.


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  • #7
    AdMMM
    Registered Users, Registered Users 2 Posts: 9,472 ✭✭✭AdMMM


    Once a town/city reaches a critical mass of similar companies, it makes it a very attractive proposition for others to set-up there too because there's a pool of expertise that they can tap into. No company wants to set-up in an area where there's a shortage of skills.

    Obviously there's also cost. It's very difficult to find city centre office space in any of the larger cities right now and rent is a massive challenge for all but the biggest of multi-nationals or well-funded start-ups. Talent acquisition is also much cheaper in Waterford as the cost of living is lower and wages are generally much lower than they are in the capital.

    It's great to see all this progress though.


  • #8
    invara
    Registered Users, Registered Users 2 Posts: 442 ✭✭invara


    WIT long investment in IT education since 1970s. First computer science degree in sector. It used to be our graduates for export. Then lectures got hacked off with that and through TSSG, EU and SFI funding conjured up Redhat, NearForm etc... Not a finger lifted nationally by the IDA to lure in a big MNC.


  • #9
    BBM77
    Registered Users, Registered Users 2 Posts: 1,881 ✭✭✭BBM77


    DefinitelyMarc wrote: »
    A couple of years ago, the TSSG area was basically all there was. Now there's that Node JS shop, red hat, companies growing much bigger and even regular techie meetups.

    This looked very unlikely a few years ago and I never thought it could happen.

    Did the sale of Feed Henry trigger something?

    If you look back over it’s history Waterford has always been quite an inventive city. This is just the 20th/21st century version of this.

    As has been said it was certainly nothing to do with the government because they have done flip all to help Waterford.


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