Tyndall National Institute, Cork, the European research centre in integrated ICT, hardware and systems, has opened a Dublin office, located in the Digital Hub. It also revealed in its annual report that it has enjoyed a strong year – the first full year under its five-year strategic business plan – with wins across all target market sectors ,including ICT, energy, health, agriculture, food and the environment. The annual report revealed that Tyndall continued its "track record in accessing EU funding, delivering €7 million from retained projects, €2.5 million for Irish research partners and creating 35 jobs from the EU’s Horizon 2020 funding scheme. Tyndall’s 18 per cent success rate in the first year of the H2020 calls, exceeds both the national average of 16 per cent and the EU average of 14.5 per cent”, the firm said. Last year saw Tyndall establish new business development structures and expand the commercial team in order to deliver on its ambitious long-term commercial goals, and quadruple the amount of revenue generated through industry partnerships. Led by Ultan O’Raghallaigh, who assumes the newly created role of commercial director, the institute will specifically target the creation of Tyndall-based spinouts and the licensing of Tyndall technologies to Irish SMEs and major global industry partners. In 2014, Tyndall enjoyed a high level of industry engagement working with 63 companies located here including Intel, Lake Region Medical, Boston Scientific, Stryker and X-Celeprint and 34 overseas  companies. Tyndall’s industry collaborations are greatly enhanced by a large group of industry researchers in residence, creating a collaborative hub of targeted research activity in Tyndall’s world-class facility on Dyke Parade. Last year saw Tyndall-developed technologies facilitate the creation of a number of indigenous spin-out companies, such as GRASP Wearable Technologies (sports and fitness) and Magnomics (portable in-vitro molecular diagnostic devices). Tyndall CEO, Kieran Drain said: "This has been a highly productive year for Tyndall. If you look at our ability to secure and retain EU funding; our growing competencies in health, food and the environment sectors and our more focused commercial programme you can see significant progress being made as we implement our strategic plan. We are very aware of our responsibility to deliver for the Irish people, in terms of both a financial and societal return on investment. We will continue to do this in all our research endeavours as we strive to become the world’s premier ICT research institute."