It was announced today that Ibec will host a free event in Dublin to showcase the importance of digital infrastructure, innovation and data protection to business success.
'Delivering the Digital Age' is partnered by Electric Ireland and is aimed at business leaders in the Dublin area, to increase their understanding of digital advancements and to assist companies’ preparations for compliance with upcoming EU General Data Protection Regulations (GDPR), which come into effect in May 2018.
The seminar aims to empower employers and employees alike to promote better use of digital innovation in their products and services. It will take place at the Marker Hotel, Dublin on Wednesday, 26 April.
During the free Ibec seminar, industry leading experts will explain in detail how the new regulatory changes impact businesses and what will need to be done before the new laws are in place. The event provides an opportunity for companies across the region to meet with their peers, create business collaborations and gain insights in to how secure innovation with digital tools and data can lead to business success.
Speaking ahead of the seminar, Ibec’s head of Digital Economy Policy, Erik O’Donovan said, "The use of digital tools and data across our economy deserves particular attention from Irish businesses and policy makers. At 6%, our digital related GDP is higher than the EU average of 5.7%, and the G20, at an average of 5.3%."
He continued, "In addition, the economic impact of digital uptake is greater in Ireland than elsewhere; 12% higher than an average of high income OECD and non-OECD economies. However, we cannot take this potential for granted, especially in the face of Brexit and intense global competition, Ireland must increase both the ambition and pace of its digital development."