Ireland 'well-placed to capitalise on disruption'
Ireland is uniquely placed to implement change at a faster rate than many of our European peers, according to Ed Hoppitt, of virtual solutions specialists VMware.
Mr Hoppitt said that the nature of Ireland's "nimble and dynamic" economy means the country is better positioned to implement changes coming down the tracks. "If I go and talk to a major UK bank, they tend to be bigger by nature than a major Irish bank.
"But that gives the Irish banks a massive advantage because they are small enough to make changes," Mr Hoppitt said.
"It's no longer a case of the big eating the small. It's the fast eating the slow," he added.
A subsidiary of computer giant Dell, VMware provides business solutions to companies and has built a large presence here since it first opened in Cork in 2005 with just 10 employees.
The company now has more than 750 Irish workers.
Mr Hoppitt batted away questions about whether or not society was ready for the impending digital disruption.
"We have been ready for this our whole lives. It's the way the cycle of innovation works.
"What happens each time the cycle goes round is that we all get very excited and fixated on the danger of losing x or y job or x or y skill," Mr Hoppitt added.
"I don't think it's something to be afraid of.
"It's just the next revolution. Society is ready for it because society is demanding it," he added.