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€19 million investment for CNGL

€19 million investment for CNGL

Mr John Perry TD, Minister of State with responsibility for Small Business at the Department of Jobs, Enterprise and Innovation, has announced Government funding, through Science Foundation Ireland (SFI), of €13.5 million for ground-breaking research in intelligent content at the CNGL Centre for Global Intelligent Content. The funding will leverage a further investment of €6.3 million from 16 industry partners. CNGL’s ambitious new research programme will focus on the development of content processing technologies to adapt and personalise digital content and services to meet the distinct needs and preferences of users across global markets.

 

  • Directly supporting 75 highly-skilled research jobs over 2.5 years
  • Includes investment of €6.3 million from 16 industry partners across diverse sectors
  • Industry partners include tech giants Symantec, Microsoft, McAfee, Cisco, Welocalize and Intel
  • Economic impact of Centre’s work to date includes seven spinout companies, €1.25 million in venture capital, and an additional 30 new high-value jobs for Ireland
  • New research programme will tackle issues as diverse as global marketing, customer care, e-learning, fraud detection, and personalisation of content across languages and devices

 

CNGL is an academia-industry research consortium dedicated to delivering disruptive innovations in digital media and intelligent content such as multilingual content analysis. The Centre is led by Trinity College Dublin and co-hosted by Dublin City University. Now entering its second funding cycle supported by SFI, CNGL’s economic and social impact to date includes the establishment of seven spinout companies, €1.25 million in venture capital raised, and the creation of thirty new high-value jobs for Ireland.  The Centre has also attracted a further €7 million in funding from non-exchequer sources, including 15 large-scale European Union-funded projects.

 

Speaking at an industry showcase of CNGL innovations, Minister Perry said: “The global digital media market is worth an estimated $250 billion. With CNGL now established as a leader in this field, the potential for further jobs creation provides an exciting opportunity for Ireland. This new €19.8 million investment in CNGL will directly support 75 high-class research jobs. The National Research Prioritisation Exercise identified Digital Platforms, Content and Applications as a key area for potential jobs growth and focus. Having a research centre of CNGL’s calibre in Ireland offers significant potential for attracting multinational investment.”

 

Combining the expertise of world-leading researchers at four universities (Trinity College Dublin, Dublin City University, University College Dublin and University of Limerick), CNGL currently partners with Microsoft, Symantec, Intel, McAfee, Cisco, DNP, Xanadu, Welocalize, Alchemy Software Development, VistaTEC, and many other industry leaders.