There was significant hype surrounding the fifth generation of wireless in 2019, and it has been described as the greatest wave of innovation since the creation of the internet. In 2020, 5G is predicted to become more widely used and bring with it the advancement in cloud computing in the form of edge computing, the mainstream use of IoT devices in smart cities and autonomous vehicles, and 10 times higher internet speeds compared to 4G.
Almost one-fifth of organisations in Ireland have reported at least one technology-related security incident in the last 12 months. According to the Central Statistics Office (CSO), these attacks can have significant consequences, with 5% reporting that it resulted in the destruction or corruption of data and almost 3% reporting that it resulted in the disclosure of confidential data.
The Taoiseach, Leo Varadkar, said that Ireland is well on its way to becoming the tech capital of Europe. Ireland is currently the number one destination in the world for foreign direct investment by US technology companies and home to nearly all the largest multinational tech companies. For example, it hosts nine of the top ten global software companies and US technology companies, the top three enterprise software companies in the world and four of the top five IT service companies.