Navigating The Future of Work: A FinTech Symposium
October 4 @ 2:00 pm - 6:00 pm
Pramerica, Letterkenny Business and Technology Park, Letterkenny, F92 W8CY
This FinTech Symposium aims to address key issues faced by the ICT, FinTech, Med Tech and wider Tech sector, as well as addressing the impact technology has on jobs and the workplace.
In some ways, the future of work is already here, but NAVIGATING it and understanding the framework will be determined by 5 trends which this symposium sets out to explore:
1. New behaviours
10 years ago, if someone had told us that we would have all this information for the public and world to read, see and hear, you would have said they were crazy. Now look at where we are, we are so much more comfortable living more public lives, we build communities, share, communicate, collaborate, access information, and shape our personal experiences. All these new behaviours are cascading over organisations, which is forcing them to make changes.
The Fusion of Big Data, Cloud, Internet of Things, RPA, Video, Collaboration Platforms, New Disruptive Technologies are all changing the way we work & live. The Cloud puts the power of technology into the hands of employees, robots and software are forcing us to rethink the jobs that humans can and should do. Big Data gives us insight into how we work and how customers transact with us. Collaboration platforms give us the ability to connect our people.
3. Millennials in the workplace:
By 2020, millennials are expected to make up about 50% of the workforce. By 2025 this proportion is projected to be 75%. The important thing about millennials is not the fact that they might bring new approaches, ideas, values or styles of working. It’s that there are going to be so many of them. They are, by all accounts, going to be the largest generation ever to enter the workforce.
Today, where you are located is starting to matter much less when it comes to being able to do your job. As long as you can connect to the internet, the chances are that you can access the same people and information as if you were working in an office building. We are connected anywhere and everywhere we go, whether it be 35,000 feet in the air or in a coffee shop.
This is essentially the ability for organisations to work in a world where boundaries do not exist. The world is becoming just like one big city. The language you speak, the currency you transact in and your physical location are starting to matter less and less. E.g. work in Donegal/Ireland/U.S./Asia & Australia, yet have clients in Donegal/Ireland, New York, Beijing or Melbourne; and the same goes for employees.
Background to This Event
This event is being organised by the Donegal ICT/FinTech Group. The group was established in 2018 following the publication of a skills report by the North West Regional Skills Forum Manager. The skills report identified the potential of the ICT/FinTech sector in the North West but also warned against challenges in relation to recruitment in the coming years. A working group comprised of Donegal ICT/FinTech employers, Donegal ETB, LYIT, and the Regional Skills Forum was established. The overall objective of the group is to promote working and studying in ICT/FinTech in Donegal. The group engages with the various stakeholders in post-primary education including teachers, students, parents, Principals and Guidance Counsellors. In addition, the group collaborates with new programme development, changes to existing programmes, guest lectures, study trips, training for existing employees and research.