Google Chief Urges Ireland To Invest In Broadband

28 June 2011 - Which Way To Pay

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Google Chief Urges Ireland To Invest In Broadband


Eric Schmidt said that the Government must develop the country’s broadband capabilities and work with telecommunication firms if it did not want to fall way behind European competitors.

Google employs 2,200 people in Ireland yet Schmidt said that not enough effort was being made to get businesses to go online. Schmidt’s comments came as a warning to a country that does not provide broadband to enough people.  There was some relief due to the fact that Schmidt said that he had no intention of moving Google from Dublin

Schmidt demonstrated that he understood that the financial crisis will have had a detrimental effect on the development of Ireland’s internet capability. He went on to stress that the economic benefit of getting Irish businesses online and therefore global is unsurpassed. 

Ireland has many successful small businesses but 40.0% of them have no online presence whatsoever. It is difficult for small businesses to lobby the government do develop faster internet connections. The government needs to pursue the development of broadband of its own accord.

Schmidt revealed some interesting figures to his audience: a recent study by McKinsey found that for every job lost through internet competition, 2.6 are created.

Schmidt said that his attraction to Ireland was due to the calibre of employees available. He said that the Irish workforce was diverse, able to speak multiple languages and well educated.

Clearly the executive chairman of Google is happy with the country where his company has settled, but things can still be improved.  

 

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