Irish Business Leaders Accept Technology, But Not Convinced of Metaverse

Irish business leaders agree that their future success will depend on technology, with 69% saying their business depends on AI to function effectively, according to Technology Vision’s latest report. Accenture.

The majority (89%) of Irish companies surveyed by Accenture believe that today’s advancing technologies enable their organization to come out with a broader and more ambitious vision for the future.

The Accentures Technology Vision 2022 report also found that 79% of Irish businesses felt they had adjusted to the “new normal” of operating since the pandemic.

In total, Accenture surveyed 24,000 consumers and 4,650 C-level executives and managers in 35 countries and 23 industries. In Ireland, the IT and professional services firm surveyed senior executives from 102 Irish companies and 500 consumers.

According to the report, Irish business leaders have seen a definite improvement in technology within their organization over the past three years, with three-quarters of Irish leaders saying that the number of IoT / edge tools deployed in their organization during this period has grown significantly.

89% of Irish leaders agree that the long -term success of their organization will depend on the next generation of IT. The majority (92%) of Irish leaders agreed that next-generation computing may be necessary for their organization to achieve sustainability objectives.

The report also showed a strong incentive for business leaders to integrate AI into their organizations, with 69% saying they feel more reliant on AI to function effectively. However, almost all Irish leaders (99%) expressed concern about data security and authenticity issues such as disinformation attacks and deep fakes.

These concerns are shared by Irish consumers. There is some skepticism about full reliance on AI, with only 19% of Irish consumers relying on using AI to improve their lives and experiences (compared to 42% worldwide). Only 15% rely on the way it is implemented by organizations (compared to 35% worldwide), indicating that Irish consumers have less reliance on AI than the global average.

The Irish are also less enthusiastic about the metaverse than their global counterparts.

Two-thirds of Irish leaders believe their organization would benefit from the metaverse, with 26% expecting it to have a ‘breakthrough’ or ‘transformational’ impact. Even if this statistic is as high, it is much lower than the global average of 42%.

70% of Irish consumers surveyed said they had never heard of Metaverse or heard of the term but did not know what it meant.

“The past two years have demonstrated the important role of technology in maintaining our connection and finding more seamless and efficient ways to work. It’s also great to see the openness of new technology and digital solutions from within. business leaders in Ireland, ”said Dave Kirwan, Chief Technology Officer of Accenture in Ireland.

“What will be critical to the company’s success going forward is getting consumers on the path of digitalization and accelerating the growth and exploration that employees need to embrace these new tools.”

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