Survey – Cork’s ICT sector has potential to Double Workforce
Survey – Cork’s ICT sector has potential to Double Workforce : Cork’s ICT sector has the potential for exponential growth, with an opportunity to double the 14,000 strong workforce already employed in technology companies in the south of the country. This is according to it@cork, the ICT sector representative body for over 200 companies in IT-related sectors in the region. The non-for-profit organisation is highlighting the county’s attributes as an IT hub, in advance of its Annual IT Leaders Awards event taking place in the Maryborough Hotel in Cork on October 20th. Caroline O’ Driscoll, Chair of it@cork explained, “Cork’s success in developing a world-renowned technological hub through both commerce and academia should be celebrated.
At our Leaders Awards, we want to put the spotlight on Cork and show exactly what the sector has achieved and most importantly what is to come. We have the talent and without doubt the drive to succeed ; based on recent growth we believe that Cork’s tech workforce could replicate that success again and double in the next 5-10 years.”
O’ Driscoll went on to outline, “Cork has a proven track record as an international location for investment with strong clusters of investment in ICT, Life Sciences, and Global Business Services.
As a university city with 35,000+ students, Cork boasts a ready supply of skills across many sectors. Cork is already home to over 60 International Technology Companies covering IC Design, manufacturing, software development, and cybersecurity. There is no doubt that Cork as a IT hub is on an upward trajectory with employment in IDA supported tech companies alone having grown by 63% in the last 5 years, and 86% of the technology companies we recently surveyed stating that expansion and recruitment were on the horizon”.
Tech in Cork: The Stats
– Home to a myriad of overseas companies employing 33,000+
– International technology companies based in Cork employ 14,000+
– Home to ‘Coder Dojo’ and ‘I Wish’ (Inspiring Women in STEM)
– Competitively priced property solutions, with over 1 million square foot of office space due to come on stream within 18 months
– Highly proactive academic environment, with a wide variety of industry collaborations on college courses.
– Home to the Tyndall Institute – Ireland’s largest ICT Research Centre
– Nimbus – Ireland’s largest dedicated IoT Centre
– 33,976 people employed across 154 IDA companies – the highest ever recorded employment across the base of IDA client companies in Cork
– Total employment across the IDA client base in the South West region has increased by 9,511 over the past five years (2011-2016)
Chair of this year’s it@cork Leaders Awards John Drury commented, “The sky is the limit for Cork. As industry representatives, we know there is a strong desire amongst the ICT community here for us to succeed and a dedicated willingness to foster & develop Cork’s ICT hub. One way in which we can do this is by recognising the achievements and the contributions of those in the industry via our Leaders Awards. From global multinationals to schools and start-ups, the awards recognise those who have gone further than most in the use of technology in their respective organisations and businesses.
Our event in October will see leaders of Cork’s IT industry gather to celebrate the best and brightest of the region’s growing IT sector. The event will showcase the best companies, initiatives and individuals that are helping to make the IT sector in the Cork region one of the fastest growing sectors in Ireland”