The Irish Software Association has published a new report titled; Digital Technology Index or “DTI”.
It’s main aims, are to estimate the strength of the indigenous digital technology sector, gauge sentiment and to identify barriers to growth.
Generally, the findings are positive. See some interesting Summary points below (derived from research including responses from the Indigenous digital and software technology community, predominantly from CEO’s and founders of such companies).
- Ireland’s indigenous software and digital IT sector is growing with almost 730 Irish owned digital technology companies, employing over 10,000 people and contributing €1.8 billion to the economy
- 72% expect revenues from international sales to increase over the coming year
- 85% of Irish digital & software technology companies see overall revenues increasing as a result of increased international business
- Eight out of 10 digital & software technology companies plan to recruit over next three months
- Survey finds that 51% say sourcing talent is a challenge
- Access to finance remains a problem for over one-third of Irish software and digital companies
It was also found that levels of confidence are on the up. 63% of DTI respondents where more confident about their businesses than they where three months ago.
See the report here.