Derry Tech For Good Company, Elemental Software Receives Investment

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Leeann Monk and Jennifer Neff Co Founders Elemental Software

Leeann Monk and Jennifer Neff Co Founders Elemental Software

Derry Tech For Good Company, Elemental Software, which has developed an award winning social prescribing digital platform that connects patients, health and social care professionals and community health & wellness providers, announced today that it has raised £300,000 with the help of ClearlySo, Europe’s leading impact investment bank. Elemental is using the capital to further develop its software that supports and empowers lifestyle change for communities most at risk, make key staff hires, and expand marketing reach.

Elemental’s platform is the only comprehensive social prescribing solution developed by community development experts that measures the impact of social prescribing and the difference that non clinical solutions can make to the health and wellbeing of communities, which is a growing priority at the highest level in government and rapidly being adopted in the UK.

Elemental Software’s platform was awarded the ‘Best Tech in the 3rd Sector’ of 2016 by Digital DNA and the best enterprise software at INVENT 2016. Leeann Monk and Jennifer Neff, co-founders of Elemental Software, said: “We are absolutely delighted that ClearlySo plugged into the Elemental vision for revolutionising the ability to socially prescribe across the health, social care and third sectors. The investment partnership, created by London based Clearly So, engages social impact investors who each bring a wealth of knowledge, expertise and resource to help us solve one of the most pressing health and social care challenges of our generation.“

More than 80% of the world’s chronic conditions can be avoided by lifestyle change alone. Despite this, chronic conditions such as type 2 diabetes, mental health related illness and heart disease are rising and so too are costs. In the UK alone, the NHS, which has a funding gap estimated at £22bn by 2020, is spending £7 out £10 in treatment of conditions while GPs capacity is strained.

The key aim of Elemental’s Social Prescribing platform is to demonstrate the value and difference that referrals to local exercise, diet and nutrition and mental support can make to peoples’ lives. Further commenting, Stefano Cappanari, investment manager at ClearlySo, said: “We were very pleased to play a role in helping Elemental scale the “more than medicine” approach to health. From grass-roots Jennifer and Leeann built a business around the patient, health and social professionals, community based providers and Commissioners and we are excited that the capital raise, which closed in record time, and capabilities from our network will allow them to take the next step in transforming our care system for better.”

Mary McKenna, Director at Elemental Software, first introduced the company to ClearlySo, and concludes “I look for startups with that magic combination of knowledgeable and credible founders, a great product and a large and ready market opportunity. Elemental Software has all of that and more.

This investment round will allow Elemental Software to reach that huge social prescribing market at lightning speed.

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Londonderry Manufacturers Invest in Growth and New Jobs

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A selection of manufacturing focussed business in Co. Londonderry come together to announce investment of over £6.2million and 51 new jobs. Pictured (centre) are Invest NI CEO Alastair Hamilton and Stephen Kelly, CEO Manufacturing NI with (L – R) Brian McErlain, McErlain’s Bakery, Ross Armstrong and Richard McMullan from Armstrong Medical.

A selection of manufacturing focussed business in Co. Londonderry come together to announce investment of over £6.2million and 51 new jobs. Pictured (centre) are Invest NI CEO Alastair Hamilton and Stephen Kelly, CEO Manufacturing NI with (L – R) Brian McErlain, McErlain’s Bakery, Ross Armstrong and Richard McMullan from Armstrong Medical.

Londonderry Manufacturers Invest in Growth and New Jobs: Manufacturing in Northern Ireland continues to grow as a selection of 30 businesses come together to announce investment of over £22 million and 282 new jobs.

The 30 firms, supported by Invest Northern Ireland, are from a broad range of disciplines: food to chemicals, pharmaceutical to transport equipment. Speaking at an event hosted by Invest NI to recognise the commitment to growth within the manufacturing industry, Invest NI’s Chief Executive Alastair Hamilton said: “Today’s event is an opportunity to highlight some of the investments manufacturing focused businesses are making. The local firms we have here today are from right across Northern Ireland.

“With £1.9 million of support from Invest NI they are making a combined investment of over £22million in our economy. As well as stimulating economic growth there are also new job opportunities, with 282 new jobs being created, which will generate over £6.3million annually in additional salaries for the local economy.”
McErlain’s Bakery, The SkunkWorks Surf company, Dynasty Group, Armstrong Medical Ltd and Gallagher & Mc Kinney Limited are among the manufacturing based firms in Co. Londonderry committed to growing their business, benefiting from combined Invest NI support of over £520,000.

Collectively these firms are investing over £6.2million in projects that will create 51 jobs. Once in place these new jobs will generate over £1.2million annually in additional salaries to the local economy.
“These investments show real commitment from businesses to invest in the future”, continued Alastair. “With investment in new equipment, skills and training, new jobs and export development, it is clear that there is real opportunity for growth in manufacturing.”

Welcoming the investments, Stephen Kelly Manufacturing NI Chief Executive said: “Manufacturing plays a huge role in the Northern Ireland economy generating annual sales approaching £20 billion, directly employing 80,000 people, supporting production and employment in a wider supply chain and creating jobs and strong communities in every constituency across Northern Ireland.

“SMEs make up 98% of all businesses here in Northern Ireland and are at the very heart of what we do in our manufacturing base. Week in, week out, companies like this continue to work very hard to keep moving forward, to build and grow our business economy and build communities.

“It is encouraging to see the progress and developments being made by firms across all disciplines. Invest NI is offering valuable support to enable these businesses to create highly skilled, well paid jobs and drive innovation and growth in export markets.” Northern Ireland manufacturing is rich in knowledge, skills and experience, founded on a strong heritage. A large number of manufacturing businesses account for 15 per cent of all local economic output and one in every nine local jobs.

Speaking about Invest NI’s commitment to helping these businesses, Alastair Hamilton continued: “Growing and strengthening Northern Ireland’s manufacturing business base is core to our strategy. We continue to focus on growing local businesses, increasing investment, and identifying new export opportunities.

“We are working closely with organisations like Manufacturing NI to support the promotion and growth of manufacturing. We have a global reputation in areas such as our Advanced Manufacturing, materials and engineering sectors. By working in partnership with businesses we can continue to support them to capitalise on new opportunities and realise their full potential.”

The investments are underway and over 100 of the new jobs are already in place. Manufacturing plays a huge part in the Northern Ireland economy with the latest HMRC 12 month rolling figures valuing manufacturing exports at just over £8bn.

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EU helps advance manufacturing with a New €8.5 million North West Centre for Advanced Manufacturing ‘Super Cluster” for the North West

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Catalyst Inc welcomes the investment

Catalyst Inc welcomes the investment

The SEUPB has announced that funding of over €8.5 million from the EU’s INTERREG VA Programme has been offered to Catalyst Inc for the creation of a new cross-border ‘super cluster’ within the Health & Life Sciences business sector.

The project is called the ‘North West Centre for Advanced Manufacturing’, and will be led by Catalyst Inc. It will support eight different key Health & Life Sciences companies involved in 15 different research projects based in the North West to develop new products and processes.

The project aims to enhance the level of cross-border research and innovation collaboration within the area of applied advanced manufacturing. It will also significantly increase the the number of Health & Life Science businesses engaged in commercially focused research in order to make them more competitive.

The project will bring together a number of partners in the creation of a new ‘super cluster’ including the Engineering Research Institute at Ulster University, the James Watt Nanofabrication Centre at Glasgow University, the PEM Centre at Sligo Institute of Technology and the CoLab facility at the Letterkenny Institute of Technology. Industry partners include Sphere Global, Randox, Lpe, Armstrong Medical, Nuprint, Abbott and GSK.

A total of 26 PhD level researchers, along with post-doctoral research assistants will be recruited over the life time of the project, to work with the eight participating companies, and create up to 98.5 years’ worth of PhD full time equivalent research.

Match-funding for the project has been provided by the Department of Jobs, Enterprise and Innovation in Ireland, the Department for the Economy in Northern Ireland and the University of Glasgow.

Announcing the funding award Gina McIntyre CEO of the Special EU Programmes Body (SEUPB), which manages the EU’s INTERREG VA Programme said: “This project will make a real impact in terms of providing support for a business sector with strong economic potential. The research produced will be used to strengthen the economic outlook of businesses on a cross-border basis.

“This is one of the core objectives of the EU’s INTERREG VA Programme which has been specifically designed to enhance the levels of Research & Innovation found within businesses across the region,” she continued.

Commenting on the announcement, Dr Norman Apsley CEO Catalyst Inc said:

‘As lead partner for the North West Centre for Advanced Manufacturing, we are delighted that the project has been awarded this EU funding. At Catalyst Inc we are focused on advancing the Knowledge Economy and this project will support the development of new products and services by bringing together industry and academic partners to work on research projects deploying Advanced Manufacturing technologies within the Life and Health Sciences sector.

This will see the development of a virtual cross-border Centre for Advanced Manufacturing with a focus on four cross-cutting thematic areas, enabling our industry partners to benefit from additional research facilities and expertise which will have a positive impact on the companies and the wider economy.

Our aim is to increase the level of cross-border collaboration across the region and raise the levels of innovation both of which are key to the regions future economic success.’

A spokesperson for the Department for the Economy said: “Investment in research and development is critical to future economic growth. Strong collaboration between industry and academia will also contribute to success. The creation of this new super-cluster is a welcome development for the health and life sciences sector and a boost for the North West border region.”

Welcoming the project Ireland’s Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor, said: “I am delighted that this project has been approved and I am very happy that my Department is in a position to co-fund this project. It is a great example of practical cross border cooperation, which will bring strong economic benefits to the eligible regions in both jurisdictions. Manufacturing has been a key sector for us over the years, providing valuable jobs and investment. This new initiative will help drive competitiveness and enhanced value-added, at a time of significant technological change in the industry.”

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Global Equipment Spares Ltd Manufacturer Expansion to Create 61 New Jobs

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GES

Pictured (L – R) are Barry O’Neill, Sales Director of GES, John McClenaghan, Managing Director of GES, and Invest NI’s Executive Director of Business & Sector Development, Jeremy Fitch.

Londonderry based Global Equipment Spares Limited (GES) is more than doubling its workforce over the next three years as part of a strategy to grow its export sales six-fold.

With support from Invest Northern Ireland GES, which is located at Campsie Industrial Estate, is investing £1.9million to upgrade its facility, purchase new machinery and create 61 new jobs across a range of roles.
Announcing the investment, Invest NI’s Executive Director of Business & Sector Development, Jeremy Fitch said: “Invest NI’s offer of £396,000 is enabling GES to undertake growth development plans aimed at positioning the business so that it can manufacture and export more components, particularly into North America.

“The 61 new jobs being recruited over the next three years range from manufacturing roles to procurement and sales positions and will generate £1.3million annually in additional salaries.

“GES’ investment marks a significant step change for the small business as it seeks to scale up its production capabilities to meet the growing opportunities for its products outside Northern Ireland.”

GES manufactures products from high strength and wear resistant steels for Original Equipment Manufacturers (OEMs) of quarrying, mining, construction and agricultural equipment based in GB, the ROl, the EU and the US. Its customers include major materials handling businesses including Terex, Telestack, Sandvik and McCloskey International as well as global companies such as Kleemann Wirtgen, Astec Industries and Kuhn Farm Machinery.

John McClenaghan, Managing Director of GES, said: “This expansion is part of a strategy to grow sales and increase both our workforce and our product offering to meet identified opportunities within new and existing markets. We have set ourselves a challenging target for new export business and will be focused on leveraging our reputation in the industry to secure new customers.

“Invest NI’s support is allowing us to fully implement our growth plans and create valuable employment opportunities across a range of disciplines in the North West.”

Invest NI’s support is part funded by ERDF under the EU Investment for Growth and Jobs Programme 2014-2020.

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29 new jobs for Rural Business Investment Scheme

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Derry Strabane Rural Partenership

Derry Strabane Rural Partenership

Derry and Strabane Rural Partnership has awarded funding which will create 29 new jobs in the rural area through the roll out of its second call of the Rural Business Investment Scheme as part of the NI Rural Development Programme 2014-2020.

The Rural Business Investment Scheme was the first scheme to open in 2016/17 with grants of £323,000 awarded to nine businesses in September 2016, and the creation of 15.5 jobs. This second call for funding opened last October and grants of over £470,000 have now been awarded to eight projects, creating 29 new jobs in the rural community.

Among those businesses successful in securing funding were the the City of Derry Equestrian Centre at Ardmore £4,992; Ardstraw Quarries at Victoria Bridge £50,000 (2 jobs); Foyle Golf Centre at Culmore £90,000 (5.5 jobs); Greg Mitchell Motors at Victoria Bridge £90,000 (5.5 jobs); Oakfire Adventures in Derry £50,000 (2.5 jobs); Sayers Engineering, Castlederg £90,000 (4 jobs) and Tiny Tots Day Care in Sion Mills, £50,000 (8 jobs).

Acknowledging the investment and the creation of new jobs, the Chair of Derry and Strabane Rural Partnership Cllr Patricia Logue said this was a really good news story for the rural area.

“We are delighted to be in a position to award funding to these local rural businesses and to offer them a chance to improve their services and grow their client base. Availing of this funding has given them a competitive edge in what is a challenging economic climate and we are delighted to be in a position to support the growth of these rural businesses and the creation of new jobs” she said.

Deirdre Harte, Rural Development Manager with Derry City and Strabane District Council said the total funding awarded to date through the first two calls of the Rural Business Investment Scheme is now nearly £800,000 with 17 grants supporting the creation of 44.5 new jobs.

“This programme is crucial in giving rural businesses a helping hand to realise their potential and to avail of support and assistance to grow their business, extend their workforce and develop export potential. We are also delighted with the response to our third call under the Scheme following a series of workshops held across the district in April 2017”

The NI Rural Development Programme is funded by the Department of Agriculture, Environment and Rural Affairs (DAERA) and the European Union.

For further information on the Rural Development Programme in the Derry City and Strabane District Council area visit www.derrystrabane.com/rural.

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Ulster University is first UK university to roll out of revolutionary Internet of Things technology

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SIGFOX Tech

SIGFOX Tech

Ulster University has become the first university in the UK and the only commercial organisation in Northern Ireland to install the revolutionary Internet of Things (IoT) technology, SIGFOX.

IoT technology supports the networking and sharing of information between physical devices such as smartphones, tablet and other suitably enabled electronic devices via the internet. The innovative SIGFOX wireless technology remotely connects devices with the cloud, transferring valuable data sets for end-user evaluation by phone, tablet or computer.

SIGFOX is the next generation of wireless technology and can work alongside other networks such as Wifi, Bluetooth and 4G. It excels for its wide range connectivity to the internet, as well as its low power consumption and cost. The new SIGFOX base station has been fitted at Ulster University’s Jordanstown campus.

Dr Philip Catherwood from Ulster University’s Engineering Research Institute said: “To give you an idea of the power of SIGFOX, it takes only one base station to service an area the size of Belfast. As the first university in the UK to install a SIGFOX base station, Ulster University is at the forefront of the Internet of Things revolution. This is supported by our world-leading research in connected health and data analytics, as well as our innovative teaching practices.

“This emerging technology offers enormous opportunities for innovation and discovery at Ulster University. We will use SIGFOX enabled technology in our future research into wearable devices; remote data analysis and connected health platforms to further improve patient outcomes and transform the global healthcare sector. The SIGFOX base station at Ulster University will receive a wide range of information from remote healthcare data such as blood analysis, diabetes and heart rate results, to livestock tracking and chemical detection.

“Ulster University’s engineering students will benefit from the new base station as we plan to deliver dedicated modules on this emerging network. This will guarantee students first-hand experience of this next generation technology, helping them to thrive in careers in the fast-paced technology and engineering sectors.

“We are delighted to have the first base station installed at Ulster University, which will benefit not only researchers and students, but also Northern Ireland’s wider business community who can tap into its potential.”

Led by Ulster University’s School of Engineering, the installation of the new SIGFOX base station was supported by cross-border partners including VT Networks and 2nr. The base station equipment was provided by global operator WND Networks with installation expertise from Barrett Contracts.

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Derry businesses offered chance to take part in cross-border trade trip to Boston

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Local businesses across the North West are being offered the opportunity to become part of a cross-border trade delegation trip to Boston scheduled for November 2017.Expressions of interest are now being sought for the 2017 Trade and Investment Mission to Boston for any local companies with aspirations to break into the US market.

Boston 2017 Trade Delegation. Civic Leaders

Boston 2017 Trade Delegation. Civic Leaders

The trip is being jointly organised by Derry City and Strabane District Council and Donegal County Council.
Mayor of Derry City and Strabane District, Alderman Hilary McClintock, said the trip offered a major opportunity for businesses in the North West.

I would really encourage any up and coming ventures, or existing companies with plans for expansion, to consider the benefits of establishing trade links with the US,” I travelled to Boston last year as part of a similar delegation and I was extremely impressed by the networking opportunities included in the itinerary. We received an extremely warm welcome during the visit and the participating delegates had the opportunity to establish meaningful and fruitful links with business counterparts in Boston.The NW region’s relationship with the US is a vital factor in our long-term strategy for economic growth and as a council we are committed to strengthening those existing relationships and identifying new opportunities for partnership and investment.

Twelve companies in total will be included in the delegation sourced from both the Derry and Strabane and Donegal County Council areas. They will be accompanied by the Mayors and Chief Executives of both Councils and key partners. A number of business sectors have been identified as priority areas for this trip, to include companies involved in Creative Digital Technologies, Advanced Manufacturing, Materials and Engineering (AMME) and Life and Health Sciences.

This will be the second Trade and Investment Mission led by the councils to this region and will endeavour to nurture and develop existing relationships with key economic, business, political and civic connections in the Boston Massachusetts area which have been progressing since 2008.

Cathaoirleach of Donegal County Council, Cllr Terence Slowey said:

The trade mission offers some unique opportunities for local businesses to engage with key economic and government decision makers, as well as market professionals. It’s a great chance to gain some valuable market insight and establish lasting connections through business to business meetings with potential partners, agents and distributors. Those personal connections can prove invaluable when trying to stand out in an increasingly competitive business arena.”

Potential delegates will receive support throughout the trip and will have the chance to participate in a pre-mission assistance programme, as well as post-trip follow up support. A financial support package towards flights and hotel accommodation is available (50% contribution towards flights and up to £100 per night hotel accommodation) and companies will benefit from extensive local media coverage to heighten their presence in the market.

O’Neills Irish International Sports Company Limited joined the 2016 North West Trade Mission to Boston and Massachusetts jointly lead by Derry City and Strabane District Council and Donegal County Council.
A spokesperson for the company said:

We would recommend the trade mission to any company with serious aspirations about doing business in the Boston and Massachusetts area. The Trade Mission provided the opportunity to explore new markets in Boston/Massachusetts while meeting key Irish community contacts. The council’s network of contacts in Boston/Massachusetts is very well developed and we were given the opportunity to meet with key contacts from the business and political communities. The trip certainly helped O’Neills to build our professional networks and provided insight to a market we know will be a key growth area.”

Anyone interested in finding out more about the 2017 Trade and Investment Mission to Boston should contact: Rosalind Young/Adam Goodall at Derry City and Strabane District Council investment@derrystrabane.com 02871 253253 Michael Tunney Donegal Local Enterprise Officemichael.tunney@leo.donegalcoco.ie 00353749160735

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Holiday Inn Invests in Derry~Londonderry

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Holiday Inn Express, Derry, Strand Road

Holiday Inn Express, Derry

Holiday Inn Invests in Derry~Londonderry creating 47 jobs. The Duddy Group is investing £7million to build a new Holiday Inn Express Hotel in Londonderry creating 47 jobs.

The project is being supported by Invest Northern Ireland and the Department for Communities. Announcing the investment, Invest Northern Ireland’s Chief Executive Alastair Hamilton said:

“This new hotel will address a gap in provision of budget hotel accommodation in Londonderry by offering a three-star quality option for visitors.The hotel will have 116 bedrooms, a Marco Pierre New York Italian Restaurant, two meeting rooms and three retail units and will provide accommodation for up to 40,000 visitors a year bringing significant additional revenue to the city

The economic benefit also includes the creation of 47 jobs as well as employment generated during the construction phase and the ongoing benefit to the local supply chain through the purchasing of consumables for use in the hotel.

The addition of this internationally acknowledged brand will underline the city’s position as a quality destination and will contribute to achieving government’s targets to grow tourism revenues to £1 billion and visitor numbers to 4.5 million by 2020.

The new hotel will be located on the corner of Strand Road and Great James Street, not far from the Peace Bridge and close to other key tourist sites such as the Guildhall and the City Walls. Invest NI has offered £724,000 of support and the Department for Communities has offered £475,000 from its Urban Development Grant. The project has also secured £1million of mezzanine funding from Whiterock Capital through Invest NI’s Access to Finance strategy.

Pauline Campbell, Director at Department for Communities stated:

“The £475,000 investment from the Department will unlock significant private and public investment into this project. This new 116 bedroom 3 star hotel will give a much needed boost to the economy as well as regenerating a key site within Londonderry.

Commenting on the development, Brendan Duddy said: “This is an exciting development that will support the wider tourist and hospitality industry in Northern Ireland and provide a new base for visitors to explore the city and surrounding areas. “We wanted to grow tourism in the North West and create employment and business opportunities for service providers in the region. The support from Invest NI and the Department for Communities will enable us to progress our investment plans and we are aiming to have the hotel open for business by early 2018.”

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Pennsylvania Expansion Potential for Local Companies

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Pennsylvania expansion potential for local companies: Business representatives from Pennsylvania have said there could be major opportunities for Derry-based businesses to expand into what has become one of the world’s largest economies

Talks have also been taking place around partnership work with Ulster University about trans-Atlantic collaboration. Joseph Burke, Deputy Secretary for International Business Development at the Pennsylvania Department of Community & Economic Development, and Richard Kilner, Managing Director, Commonwealth of Pennsylvania European Investment Office, delivered a presentation on potential investment at a Council meeting on 14/03/17 . Addressing Derry & Strabane Council’s Business & Culture Committee, Mr Burke said they saw:

A lot of opportunity on the island of Ireland north and south”

He elaborated that their work centered on attracting business investment into Pennsylvania – the 19th largest economy in the world- and growing the export market. He said that one of the biggest business opportunities in the state revolved around the shale gas natural resources located there and said that fracking has been ongoing for the past 10 years amid tight regulations. Mr Burke said that this was “Creating a new renaissance in Pennsylvania manufacturing.

Other major industries in the State include life sciences, agribusiness and pharmaceutical manufacturing, mirroring some of the biggest employment sectors in Ireland. At present there are 13 businesses from the north of Ireland operating in Pennsylvania, including Almac and Primark, as well as many others from the south. There are now opportunities, Mr Burke said, for joint international ventures. He said that engagement with Derry & Strabane Council has been ongoing since October, with plans to strengthen ties between the two regions.

Sinn Fein Councillor Mickey Cooper said that formalising a mutually beneficial relationship was now “key”, and said there were opportunities for local businesses and the tourism sector to tap into a whole new market. “In many ways there is an open door we can exploit as much as possible,” Colr. Cooper said. “This is opening up opportunities for other organisations- the local university here is very much based on research work, and very much dependant on EU funding, and that’s going to be a problem as well.

“We think there is a lot of untapped potential here.” SDLP Councillor John Boyle said it was “encouraging” that the Pennsylvania representatives were considering that “companies in our part of the world can be of use in what is obviously a very strong and vibrant economy in Pennsylvania”. “We have many talented individuals in this part of the world. One of our problems is we export people,”

Colr. Boyle said, adding it would be better if the region was exporting knowledge and trade. “If your door is open we will be more than happy to facilitate companies from here expanding their business and their presence in Pennsylvania. What we are effectively opening up is that entire area,” he said. UUP Councillor Derek Hussey said that the research and development potential in conjunction with Magee and the North West Regional College was of particular interest. Mr Burke said he has met with the Ulster University representatives on several occasions, including in San Diego and Chicago. “On the life science front I think there’s a lot of synergy,” he said. “The desire is to continue that conversation.”

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Cognitive Analytics Research Lab launched with £4m Investment in Derry

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Magee Campus

Ulster University Magee (HQ) Cognitive Analytics Research Lab (CARL)

Cognitive Analytics Research lab launched with £4m investment in Derry. Ulster University today cemented its reputation as a global leader in data analytics research with the launch of Northern Ireland’s first data analytics institute, creating 12 new research level posts and delivering £4 million in salaries over the next 5 years.

Bringing together businesses, government and advanced research expertise, Ulster University’s Cognitive Analytics Research Lab, will build upon the University’s existing internationally renowned research expertise in data analytics. It will be headquartered at Ulster University’s Magee campus with offices in Belfast campus.

With 90 per cent of the data in the world today being created in the last two years, data analytics research and the development of cognitive applications to support rapid decision making has never been more important. The global potential is vast across multiple domains including health and medical research, financial technology, international finance, advanced manufacturing and energy, media, and increasingly, government policy and decisions.

The Cognitive Analytics Lab will harness the full potential of over £30 million already recently invested by the University into data analytics related research projects.

It will consolidate existing and future high-quality skills and resources to drive the local research agenda and enhance Northern Ireland’s international competitiveness.

Across Ulster University, 60 research staff are already engaged in data analytics related research, representing a diverse range of sectors from personalised medicine to financial technology. Recruitment will now begin immediately for the additional 12 new academic posts, based across both sites, which will deliver in excess of £4 million in annual salaries into the local economy over the next 5 years.

Ulster University is partnering with Catalyst Inc to engage with the wider community and create an entrepreneurial eco-system. Letterkenny Institute of Technology is supporting skills development and delivery of increased research capacity on a cross border basis.

Ulster University Vice-Chancellor, Professor Paddy Nixon, said:

The Cognitive Analytics Research Lab, conceived and built from the ground up through collaborative consultation with our industry and civic stakeholders across Northern Ireland, will consolidate the internationally renowned expertise already evident throughout the University. Its founding principles reflect both Westminster and NI industrial strategy priorities; to put in place the foundations of competitiveness and ensure that as an internationally focused University, that we stand ready to maximise our contribution to economic prosperity. Through the lab, we can ensure that we maximise our industry partnerships and academic collaborations to deliver even greater economic and societal impact with pioneering solutions. Importantly, one of our key priorities will be to ensure that the lab leverages the potential of open government data, enabling our research to inform public policy and transform the lives of our citizens.

I am proud of our long history of expertise in Data Analytics and the contribution Ulster University researchers have made to core industry sectors, healthcare and beyond. From our Centre for Stratified Medicine to research into Functional Brain Mapping, our Capital Markets Collaboration to most recently, our INTERREG-supported Centre for Precision Medicine, Ulster University is ensuring that the potential to harness the power of data and develop computer systems with cognitive thought processes can be fully realised.”

The key focus for the centre will be application of research in Cognitive Analytics in a number of domain areas including (but not limited to):

  • Health
  • Financial Technology
  • Advanced Manufacturing
  • Media
  • Energy
  • Civic Society and Public Policy
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