Raymond Alcorn has spent 15 years in ocean energy, both commercial and R&D — both overseas and in Ireland.


An electrical engineer, Dr Alcorn has spent his entire career in ocean energy having first obtained his PhD in the field from Queens University Belfast; he then became a chartered engineer through his work in industry. He was head of electrical engineering and then chief engineer of a start-up wave energy developer called Energetech in Australia. His most recent position as executive director of the Hydraulics and Maritime Centre in UCC saw him build and manage a 40-strong technical team over eight years through various national, EU and international funding mechanisms.


Exceedence was set up in 2014 to catalyse commercialisation and investment in the Marine Renewable industry by providing sector-specific, independent, credible and robust financial planning, evaluation and optimisation software which was built and tested around international standards.


ExceedenceFINANCE has and will continue to help the MRE sector in Ireland through engagement all along the supply chain. However, the product has been built to work in any global market and to allow like for like comparisons across domains and borders which will further catalyse the entire industry.


Exceedence’s software will save time, reduce risk, increase profitability and maximise resources for its customers. For the first time there will be Integration and optimisation of technical and financial teams. Ability to import and use own data along with supplied databases of devices and resources.


Exceedence has been accepted on to the Microsoft Bizspark programme for startups, and was a finalist in the Irish Maritime Industry Awards. The company has been supported by Enterprise Ireland Commercialisation Fund, and has benefited from the GatewayUCC Business Incubation facilities and business support packages. It is also supported by Cork LEO and Cork City Council.