Tuesday 22 September 2015 Page 2 Circulation 82059 Area of Clip 20000mm ID: 520770
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Irish Times - Business and Your Money* Tuesday, 22 September 2015 Page: 2 Circulation: 82059 Area of Clip: 20000mm² Page 1 of 1 Microsoft overtakes Google as States top exporter PAMELA NEWENHAM Microsoft has replaced Google as the top exporter in the State, after growing its export turnover by 21 per cent from 15 billion in 2014 to 18.2 billion this year. The technology giant was named the States largest exporting company in the 2015 edition of Top 250 Exporters in Ireland and Northern Ireland, compiled by the Irish Exporters Association and Investec. It was followed by Google Ireland with export turnover of 17 billion, while Medtronic Ireland was in third place with export turnover of 16.7 billion. Johnson & Johnson Ireland came fourth with export turno¬ ver of 10.5 billion while Ingersoll Rand was fifth at 9.8 billion. The report shows strong growth in manufacturing and services, with the value of exports from the top five exporters rising by 23.5 per cent on the previous year. 'Year of celebration James OConnor, managing director of Microsoft EME A operations, said the recognition by the Irish Exporters Association was welcomed during this important year of celebration for the company in Ireland. Microsoft is celebrating 30 years of investment in Ireland this year. Over the past three decades, we have continued to Irelands top exporters |ff Microsoft 18.2bn Google ^/Medtronic (jc-tiuion Jjctimc n (ffl'lngersallfiand invest in and grow our operations and now have over 1,200 people working in a range of areas including R&D, engineering, finance, legal services, sales and marketing, he said. Tech firms accounted for nine of the top 20 exporters, with seven of the top 20 in the medical and pharma sectors. In the food and drink sector, Kerry Food topped the table with exports of 5.2 billion, followed by Total Produce with 3 billion in exports. Investec equity analyst Ian Hunter said food and drink-related exports now totalled 10.5 billion with growth in the dairy and beef categories driving a 10 per cent yearly increase over the past five years.