There is a shortage of skilled professionals in data analytics, artificial intelligence and cybersecurity within the Irish finance sector, according to a study by the UCD Professional Academy.
The Digital Upskilling Trends in the Irish Finance Sector report highlights how the Irish financial industry is facing a wave of digital disruption driven by AI, big data and new competitors.
Rival big tech organisations arealso embracing new technologies to gain a competitive edge, while cybersecurity threats are escalating, and data privacy concerns are mounting as regulatory burdens grow.
This is the first in a series of industry analyses by the UCD Professional Academy exploring digital upskilling trends in leading Irish sectors
The vast majority (85%) of C-suite executives in the finance industry believe their staff would struggle in the future without data literacy skills.
Similarly, nine in 10 (89%) C-level executives expect their team members to be able to explain how data has informed their decisions, but …