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10 innovative Irish companies steering us towards a green future

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Enterprise Ireland has launched a new campaign spotlighting companies from Ireland that are scoring sustainability goals.

This week, as the world turned green for St Patrick’s Day, Tánaiste Leo Varadkar, TD, launched an international green innovation campaign from Enterprise Ireland.

Taking the opportunity of the national holiday to showcase Ireland’s green innovators and the contribution they make around the world, Varadkar said: “Climate action is, after all, an enormous business opportunity.

“As the world emerges from Covid-19, we need to understand that there will be no return to the old normal. We’ll need to build back better and prioritise the sustainable investments that underpin a global green recovery and the transition to low-carbon economies.”

Ready for a Green Future puts 10 companies that are leading by example at the fore of its campaign. These companies are helping to reduce the use of fossil fuels and tackling emissions-heavy sectors such as food production, construction and transportation with creative sci-tech solutions.

Abbey Machinery

Abbey Machinery has an agricultural heritage dating back to the 19th century, but the company has evolved with the times and is a pioneer of low-emission slurry spreading (LESS).

Slurry spreading is just one of the factors contributing to agriculture’s significant ammonia emissions. But with Abbey Machinery’s LESS applicators, farmers can reduce emissions by placing slurry in narrow bands.

Continuing to innovate, Abbey’s new smart slurry tankers are fitted out with automation and sensing technology. For example, a near-infrared sensor analyses the slurry make-up, enabling farmers to target nutrients when and where needed, reducing the widespread use of artificial fertiliser.

CitySwift

Transport is a huge contributor to global carbon emissions and passenger road vehicles are the main culprit, accounting for almost three-quarters of all transport CO2 emissions.

Any effort to reduce the number of road vehicles can change that, which is where Galway-based start-up CitySwift comes in.

CitySwift’s cloud-native platform aims to improve the performance of urban bus networks through data analytics so that more people can ditch the private car in favour of public transport. The data engine is already used by bus services in the UK and last year the company raised €2m in funding and began expanding.

Cygnum

Irish construction company Cygnum uses automated systems to build precise, computer-designed timber frame structures. This off-site construction reduces energy use on-site, but the material also makes a big difference.

While much of our world is built using concrete, its key ingredient – cement – is the source of about 8pc of global CO2 emissions. Timber, however, actually stores carbon, and so Cygnum’s structures act as a carbon sink.

In 2014, the Cork company was contracted to build the UK’s largest sustainable commercial building. More recently, a street of low-energy houses built using Cygnum’s highly insulated timber structures was awarded the coveted RIBA Stirling Prize.

Davra

The internet of things (IoT) means we can gather data from many sources, and that data can reveal opportunities for energy efficiency, emissions reduction and better management of resources.

Davra is a Dublin company helping organisations to leverage the power of IoT. Irish Water uses Davra’s technology to monitor pipes across the nation and prevent millions of litres being lost through leaks. Bus services in the US have used the technology to measure fuel efficiency. And, using European Space Agency satellite data, Davra also helps the mining industry monitor underground activity, which in turns helps to protect surrounding farmland and prevent pollution.

Ecocem

As already mentioned, the cement used widely in the construction industry has a massive carbon footprint. This is why Ecocem is focused on making a low-carbon alternative.

Ecocem manufactures ground granulated blast furnace slag (GGBS), which it claims produces 32kg of CO2 emissions per ton, compared to upwards of 800kg from regular cement. Also, GGBS is manufactured using leftover material from steel mills, saving it from landfill.

GGBS and cement are typically mixed together to make concrete blocks, though they tend to take longer to set. However, Ecocem has patented an accelerant that can speed up drying time.

GridBeyond

GridBeyond started life as Endeco Technologies, a company using IoT technology to help businesses reduce energy consumption. That mission has expanded as GridBeyond also aims to power the switch to 100pc renewable energy.

The Dublin-headquartered company applies AI and machine learning to help businesses optimise their energy use. Further to that, GridBeyond encourages businesses to store excess energy from renewables which they can then sell back to the grid using the company’s robotic trading technology.

GridBeyond’s vision is to build a shared energy economy and it is already working with large energy consumers such as data centres, hospitals and refineries.

Hanley Energy

Headquartered in Co Meath, Hanley Energy has been providing software to monitor energy use since 2009. It has particularly proven its expertise in critical power management for data centres.

Using Hanley Energy’s proprietary technology, businesses can track all energy usage, analyse trends and identify significant energy losses or overuse. Armed with this information, efficiency measures can be taken that not only cut energy costs but reduce the business’s carbon footprint.

By the end of this year, Hanley Energy itself aims to have a supply chain that is 100pc sustainably sourced, using only certified green suppliers and materials.

Keenan

Carlow company Keenan produces farm animal feeders that combine engineering and IoT technology to capture data on animal feed mixes in real time, in order to optimise the mix quality. The result is herd nutrition that is precise and tailored, which not only reduces waste but can also improve yields of milk and beef.

This contributes to an improved feed conversion efficiency in livestock, and the Carbon Trust has validated Keenan’s feeder as a more sustainable approach that can help to reduce on-farm emissions.

Established in 1978, Keenan was acquired by US animal feed company Alltech in 2016.

OceanEnergy

Part of Ireland’s ‘blue economy’, Cork company OceanEnergy captures and converts wave energy using its unique technology.

There’s more than a decade of R&D behind OceanEnergy’s groundbreaking device, which floats on the ocean’s surface, generating electrical energy. Each one can produce enough electricity to power 1,000 homes.

OceanEnergy is backed by the Sustainable Energy Authority of Ireland and also received $11.5m in funding from the US Department of Energy. It has partnered with the US Navy in a $25m project to launch a grid-connected device in Hawaii. This project will be used to test and optimise the device for future use.

Xocean

As OceanEnergy and other key players have noticed, the ocean economy presents an expansive opportunity. What businesses operating in this space will need for their operations is data.

Xocean is a Louth-based start-up that remotely operates unmanned surface vessels to gather ocean data for survey companies and other organisations. To date, the company has supplied data to more than 12 offshore windfarms across the EU, North and South America.

In a funding round that closed in November 2019, Xocean secured €7.9m from investors including Enterprise Ireland, the Marine Institute Ireland and the Creative Destruction Lab.

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UK mulls making MSPs subject to mandatory security standards • The Register

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Small and medium-sized managed service providers (MSPs) could find themselves subject to the Network and Information Systems Regulations under government plans to tighten cybersecurity laws – and have got three months to object to the tax hikes that will follow.

Plans to amend the EU-derived Network and Information Systems Regulations (NIS) are more likely than ever to see SMEs brought into scope, as The Register reported last year when these plans were first floated.

NIS is the main law controlling security practices in the UK today. Currently a straight copy of the EU NIS Directive, one of the benefits of Brexit leapt upon by the Department for Digital, Culture, Media and Sport (DCMS) is the new ability to amend NIS’s reporting thresholds.

Bringing MSPs under NIS “would provide a baseline for expected cybersecurity provision and better protect the UK economy and critical national infrastructure from cyber security threats,” as UK.gov said in a consultation document issued on Wednesday. Its plans are for MSPs, currently not subject to NIS, to be brought into the fold. This includes defining what an MSP does, legally, and possibly ending NIS’ existing exemption on SMEs.

“The government recognises the strong need to minimise regulatory burden on small and micro-businesses particularly in a rapidly evolving industry such as this. However, recent incidents have highlighted the scale of risk that can be associated with managed service providers – regardless of their size,” said the consultation document.

In essence, if an “operator of essential services” or a critical national infrastructure business outsources something to your MSP, prepare for NIS compliance.

And the flip side: money

Enforcement of NIS is carried out by the ICO, which is getting a funding bonus if Parliament nods through the NIS amendments. Initially coming from general taxation, in time DCMS wants to “extend the existing cost recovery provisions to allow regulators (for example, Ofcom, Ofgem, and the ICO) to recover the entirety of reasonable implementation costs from the companies that they regulate.”

SMEs across the whole British economy are already familiar with this kind of “cost recovery” activity through stealth taxes such as the ICO’s data protection registration fee.

Andy Kays, chief exec of a managed detection and response firm in London called Socura, agreed that “further market intervention is required to help raise the bar to protect the UK economy.”

“However,” he added, “I do believe that interventions like Cyber Essentials, GDPR and NIS have raised the profile of cyber and data security in the UK, and have improved understanding and investment where they are applicable among businesses.”

Jake Moore, global cybersecurity advisor with Slovakian infosec firm ESET, also agreed, saying in a statement: “Essential services are desperately in need of better protection so these new laws will help direct businesses into a more secure offering with the help and direction required. Laws often may seem like they do not go far enough but digital crime is fast paced and the goal posts constantly move making such plans difficult to project or even become out of date by the time they land.”

The consultation closes on 22 April. As well as questions about money, DCMS is also asking about whether the regs should be extended to SMEs and how detailed they ought to be. Have your say via theses 66 pre-formatted questions. ®

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7 early-stage start-ups NDRC is accelerating in 2022

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The first cohort of the NDRC accelerator by Dogpatch Labs has four female co-founded start-ups and two international ones.

After taking over the NDRC accelerator from the Government in 2020, Dogpatch Labs gave it a makeover and launched its first cohort of 11 early-stage start-ups last year.

This year, they are running two accelerators with two separate cohorts and increasing the total number of participating start-ups from 11 to 14. The first cohort, H1, has a total of seven start-ups – four of which have female co-founders.

Announced yesterday (19 January), the first cohort also has two regional start-ups and two international start-ups co-founded by Irish CEOs who graduated from top international talent accelerators Antler and Entrepreneur First.

Here we list NDRC’s first cohort of seven early-stage start-ups in 2022 representing the next generation of Ireland’s start-up ecosystem who are gearing up for Demo Day on 7 April.

Image: Dogpatch Labs

Filter

This start-up helps patients with breathing difficulties such as asthma or chronic obstructive pulmonary disease (COPD) to monitor their health. A device called Filter can be used by patients in conjunction with an AI-powered digital health coach called Kos to track their respiratory health and get alerts when something’s wrong.

Filter was founded in 2020 by Andrew Gallagher and Stephen Keenan, both University College Dublin alums. Gallagher, who is the chief technology officer, is an engineer by profession, while Keenan has a background in both law and computer science.

GreyScout

GreyScout offers a business tool for companies that want to protect their brand against intellectual property (IP) infringements and counterfeits. The start-up’s product scans across online domains including marketplaces, search engines, websites, social media channels and web forums to identify and remove policy violations and unauthorised content, alerting clients in real time.

On a mission to ‘democratise IP protection’, GreyScout was founded in 2019 by chief executive John Killian and chief technology officer Chris McCauley.

Herd

This start-up has built a novel social platform for sports fans to discuss live matches with friends and make predictions on the outcome. In a game-like interface, users have to compete against each other in guessing next moves of sports payers and the winning side – enriching the virtual live entertainment experience.

Herd was co-founded by Jack Cantillon, who is the chief executive, and Robert Minford, who is the chief technology officer. A qualified lawyer in New York, Ireland and the UK, Cantillon was featured in Sports for Business 30 Under 30 in 2020.

Jama AI

Jama is a start-up that uses natural language processing to help B2B sales reps with communication intelligence and analytics. The platform is a one-stop-shop for all the messaging channels used by sales reps, such as WhatsApp, WeChat and Line, to make customer relationship management simpler and win more deals.

It was co-founded by Kerry-based Aisling Hayes, who is the chief executive of Jama with prior experience in founding and running start-ups in Ireland. Jama graduated from the global accelerator by Antler, an early-stage VC firm based in Singapore.

Öogo

This Dublin-founded start-up connects people who need childcare with those who are looking to provide it. Childcare providers called Minders who can be booked to offer a wide range of services including online tutoring, baby-sitting and maternity nursing.

With changes in the nature of work for many parents because of remote and hybrid work, Öogo hopes to act as a Tinder for childcare, making it simple. It was founded in 2019 by Kate Clark, who worked in sales in New York for five years before starting the business.

Squid

Squid aims to promote customer loyalty towards businesses by incentivising buy from them through loyalty cards. By partnering with Squid, brands can ask their customers to download the Squid app and get rewards for purchases. And additional business portal helps brands get customer insights and track customer loyalty.

The start-up also helps businesses get discovered on their app through a marketplace where they can advertise special offer and sell vouchers to their community. Squid was co-founded by Katie Farrell and Matthew Coffey

Upskill Marketplace

This online platform helps the HR and learning & development teams of businesses to connect with soft skills trainers and professional coaches. It aims to make the process of finding trainers simpler through its online portal that has all details, including pricing, listed upfront. Trainers with Upskill go through a selection process before listing, and user reviews help businesses determine who to book.

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Microsoft’s Activision merger faces real-world barriers to metaverse mission | Microsoft

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If the world of Call of Duty seems fraught enough when you are playing it, try being in it. That could be the consequence of Microsoft’s proposed $68.7bn (£50.4bn) acquisition of Activision Blizzard, the video games maker behind the shoot ’em up franchise. Announcing the deal, Satya Nadella, Microsoft’s chief executive, said that gaming would “play a key role in the development of metaverse platforms”.

The metaverse is a catch-all term for an immersive experience that blends the physical and digital worlds through a mixture of virtual and augmented reality. This concept is years away from being fully realised, but it is envisaged that participants – using digital representations of themselves, or avatars – will access it through a virtual reality headset, or augmented reality (AR) glasses that put a digital layer over what they see in the real world. In the metaverse they can socialise with friends, carry out their job – or take part in a video game.

John Egan, chief executive of market intelligence firm L’Atelier BNP Paribas, says that with the Activision deal Microsoft has made it “very clear” that gaming will be at the centre of how metaverse concepts work. And it is not just using the games, but also deploying the creative and technical talent behind them to build virtual worlds.

“Imagine Call of Duty. You’d be dropped into a Battle Royale-like environment, on to a planet like the way Fortnite is now, though bigger by a factor of several thousand. You’ve got an entire planet, so your experience can go on for weeks at a time.”

employees with placards
Activision Blizzard employees hold a walkout to call for changes in conditions for women and other groups at the company in Irvine, California in July 2021. Photograph: David McNew/AFP/Getty Images

Egan adds that Call of Duty would work in what he calls a “digi-physical” environment, where AR comes in to play and the game is superimposed on participants’ glasses, or even contact lenses.

“Microsoft could create virtual layers over existing urban infrastructure, within which people can use mixed reality lenses, like glasses or contact lenses, to interact with each other. So imagine something like a skateboard park that becomes a Call of Duty arena. And people use their phones as a gun, and they’ve got their glassware on as the mixed reality infrastructure to do that interaction.”

Of course, not every metaverse world will be like Call of Duty – and not everyone would want to go anywhere near it. Egan says Activision games such as Crash Bandicoot, featuring the antics of an anthropomorphic marsupial, offer a more family-friendly alternative.

Analysts have also pointed to the fact that Activision will immediately bolster Microsoft’s gaming business – it owns the Xbox platform and the Minecraft and Halo franchises – regardless of its metaverse plans. The Bill Gates-founded company will gain access to 390 million monthly users, adding to its Game Pass subscription service, which already has 25 million users.

Dan Ives, a managing director at the US investment firm Wedbush Securities, describes Microsoft’s metaverse vision for the deal as “the cherry on top of the sundae”.

“We believe for Microsoft this was the right deal at the right time to boost its gaming strategy and streaming ambitions. Nadella recognised Microsoft’s consumer business needed a shot in the arm,” he says.

The agreed deal would also need to get past US regulators, who served notice on Tuesday that the tech industry would face a tougher regime. Lina Khan, chair of the Federal Trade Commission, the US competition watchdog, and Jonathan Kanter, head of antitrust at the department of justice, announced a review of merger guidelines – with tech among their areas of concern. Kanter said: “We need to understand why so many industries have too few competitors.”

Fallen heroes of war billboards promote the launch of Activision’s Call of Duty: Vanguard in Shoreditch, London, in November 2021.
Fallen heroes of war billboards promote the launch of Activision’s Call of Duty: Vanguard in Shoreditch, London, in November 2021. Photograph: Neil P Mockford/Getty Images for Activision: Call of Duty

It could be argued that this is a “vertical” deal between two businesses that do not compete directly: Microsoft’s Xbox platform and Activision’s games. But regulators are likely to look at whether Microsoft could shut off Activision titles from rival platforms such as PlayStation. Microsoft said on Tuesday it did not intend to “pull communities away” from PlayStation.

Rebecca Allensworth, professor of law at Vanderbilt University in Nashville, Tennessee, says Khan and Kanter’s review signals a toughening of the environment for tech.

“Generally, there is a lot of muscle right now behind antitrust enforcement in tech,” she says. “Changing the merger guidelines to be harsher against tech mergers is a part of that. The comments on Tuesday highlighted the idea that the guidelines need to be able to recognise competitive harm from mergers that are vertical or mixed vertical. That’s the merger between Activision and Microsoft.” Nonetheless, she says that it is “still very hard to challenge vertical mergers” and the deal may go through.

However, L’Atelier’s Egan added that even if the deal got past the FTC and justice department, there was also the question of integration. On Monday Activision said it had fired or pushed out more than three dozen employees and disciplined another 40 since July, to address allegations of sexual harassment and other misconduct at the company, which has nearly 10,000 employees to Microsoft’s 190,000.

“Microsoft has an extraordinarily high level of employee satisfaction,” says Egan. “It’s a really good company. You wonder if one of the biggest threats of this is Microsoft kind of letting the wolf in the door. How are Microsoft going to assimilate an organisation with a culture that is beset by issues to do with misogyny, diversity and harassment over the last number of years which they have failed utterly to remedy? How are Microsoft going to resolve that?”

Should the deal go through, Microsoft will have real-world concerns too.

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