Friday 28 July 2017

Tech jobs spike as sector in talent hunt

Edel Creely, ISA chairperson
Edel Creely, ISA chairperson

Peter Flanagan New Technology Correspondent

NEARLY three-quarters of IT companies plan to take on more staff over the next three months, as the sector continues to grow rapidly.

A new 'Digital Technology Index', from the Irish Software Association (ISA), found that almost three-quarters of firms expect to increase the amount of international business they are doing, while 85pc of those surveyed believe overall revenues will increase through exports.

The results show that funding is an issue for the sector, with over a third of chief executives saying they were unhappy with the availability of funding for the sector.

The skills gap remains, however, with over half of companies finding it hard to find the right staff domestically. A lack of talent is hurting at least 51pc of tech firms based in Ireland, the report found.

ISA chairman Edel Creely said the results "confirmed that the indigenous IT sector in Ireland is flourishing".

She added: "Between multinationals and Irish companies, the IT sector is generating more jobs than there are skilled Irish people to fill them. Conservative estimates put the number of IT vacancies at 4,000. According to an EU study, the EU labour market could face an excess demand of 384,000 IT practitioners by 2015.

"To face this challenge and to build a strong indigenous export-led IT sector, we need to drive more graduates into IT-related college programmes, and adapt our education system as a whole, so that it is responsive to the demands of this sector."

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