Irish owned software companies increased their sales to UK customers from £250m sterling to £290m in 2002 - an increase of 15%. This was achieved in difficult market conditions, the Minister for Trade and Commerce, Michael Ahern, said today.
The Minister was speaking at an Enterprise Ireland event in the Irish Embassy in London for Irish financial software and services companies and their UK customers.
The event is part of a major marketing drive by Enterprise Ireland UK to promote Ireland as a source of software supply, focusing on the financial, telecommunications, public sector and e-Learning sectors.
Mr Ahern said that Ireland and the UK are doing more business with each other than ever before and the two-way trade is now valued at over £30 billion sterling a year.
'The ability of Irish industry to achieve high levels of export growth is based on a strategy, at both company and national levels, of accelerating investment in R&D in order to help create Irish companies that will be successful global companies,' he added.
