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HBR.org

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Tapping Talent from a Skilled Labor Pool That Supports Gl...
2026-04-15 · via HBR.org

Financial services, cybersecurity, aerospace, technology, life and health sciences, manufacturing, construction, professional services—every sector now transforming the business world is also experiencing its own rapid transformation.

Ever-evolving digital technology, changing government regulations, and fluid trade agreements all play significant roles in business growth strategy. But these factors only drive transformation so far. The key renewable resource in successful expansion today is the same as it’s been for generations: people.

For ambitious global organizations and emerging startups alike, the ability to meet goals, exceed forecasts, and lead their sector depends on access to a new labor pool of highly educated skilled workers in a sophisticated, affordable market with a strong infrastructure and academic and governmental commitment.

And with a complex economic landscape of varying regulations, gaining access to a skilled labor pool at the nexus of the world’s most powerful markets may offer a strategic advantage beyond what technology alone can accomplish.

A Motivated, Future-Ready Workforce

The United Kingdom’s formal withdrawal from the European Union in 2020 drove immediate business changes worldwide, complicating cross-border supply chains, taxation, and citizenship and employment status between Europe and the U.K.

Only one land border exists between the two markets, where Ireland, in the EU, meets Northern Ireland, in the U.K. This border situates Northern Ireland as the only location where businesses enjoy the free movement of goods and seamless tariff- and customs-free trade access to both Great Britain and the 27 countries of the EU.

The advantages of doing business at the confluence of two markets extends beyond the free flow of goods; there’s also a high concentration of skilled labor.

Businesses undertaking digital transformation depend on highly trained workers to manage the changing technology and operations that help them achieve their ambitions. Many hiring teams find an edge in tapping talent with a wealth of international experience and a cultural ethos that sets them up to succeed in an unpredictable business landscape.

Strong Academics, Innovative Spirit

With nearly 1 million people under 40, Northern Ireland offers businesses access to a skilled workforce ready for a challenge. The region’s history of manufacturing excellence in shipbuilding and linens and textiles laid the foundation for today’s culture of innovation and entrepreneurial spirit in technology, fintech, pharma, and skilled manufacturing.

Nearly three-fourths of the region’s high school graduates proceed to further and higher education, and 82% of undergraduates execute the high level of academic performance many employers and postgraduate programs demand, in subjects like software engineering, data science, and financial services.

Around 68,000 students from almost 100 countries attend such competitive institutions as Queen’s University Belfast and Ulster University. And academic and private-sector investments and partnerships future-proof this population’s STEM- and business-oriented skill sets, preparing them for jobs and sectors that might not exist for years to come.

“The Ideal Choice for Our Growth”

For the more than 1,500 global enterprises that have opened their doors in Northern Ireland, including Microsoft, Citi, Rakuten, Collins Aerospace, A&O Shearman, and Baker McKenzie, the region’s affordability, regulatory favorability, reliable infrastructure, and sustainability are valuable assets. Sixty-two percent of new international companies that set up operations in Northen Ireland reinvest in the region.

With more than three decades’ presence in the market, Seagate Technology recently committed to expanding its Derry-Londonderry manufacturing operation by investing more than $150 million over five years. Seagate plans to develop new hard drive technology here to strengthen the position of this facility as a world leader in nanophotonics R&D engineering. “Our Northern Ireland facility is at the heart of this transformation, with over 25% of the world’s recording heads now made here,” says Dr. John Morris, Seagate’s Chief Technology Officer.

Another long-term investor in the region, with 1,700 employees in Belfast and Derry-Londonderry, is insurance firm Allstate, which recently announced a $21 million skills investment to modernize and enhance its digital capabilities.

A Chicago fintech company, SpiderRock Technology Solutions, launched an engineering development team in early 2025 based in Belfast with additional hybrid roles elsewhere in Northern Ireland. “We have been incredibly impressed with the talent and expertise available in Northern Ireland,” says George Papa, CEO of SpiderRock.

Nihon Cyber Defence (NCD), a Japanese cybersecurity firm, recently expanded its Belfast office to confront cyberthreats with more-specialized incident management and security operations support for its customers in the U.K., Ireland, and elsewhere in Europe.

“While we considered expanding in our other U.K. locations,” says Dougie Grant, European Managing Director and Global Head Incident Manager at NCD, “the high caliber of talent in Northern Ireland made it the ideal choice for our growth.”

Working at the crossroads of the EU and Great Britain is a strong enticement for many established global companies and startups to take their business to Northern Ireland.


Learn more about locating your businesses and hiring in Northern Ireland for business growth.