Final Tech Report HD - Flipbook - Page 22
3. Prepare for the Artificial Intelligence revolution: To help
unlock internal growth potential in their organisations, CEOs
are paying close attention to emerging digital technologies
such as Artificial Intelligence (AI). Irish CEOs need to
understand how AI can be applied in their businesses, and
ensure their businesses have the right talent, data and
technology to exploit the opportunities that AI presents.
4. Invest in key skills: The challenge of finding staff with the
right skills was at an all-time high until very recently. Whilst
this may not be as difficult in the immediate future, Irish
businesses should look inwards and invest in their workforce to
make them fit for the future, providing them with the right
training and career development support.
Any transformation within the financial services sector will
require people and technology to work together in a more
integrated way.
If we can use technology to take over routine manual tasks and
help staff to better perform their duties, new opportunities will
be created for employees and the organisations. To do this,
employees themselves must be trained to fully utilise
technology, and Financial Services institutions must do more
to leverage the skills their people already have.
As an example, a key strategic priority for PwC is to be the
leading tech-enabled professional services firm. To enable this,
we have created a new Head of Digital position on the
leadership team. Working with the Digital Leadership, the
team have put in place plans to:
Upskill people - train people to use Alteryx,
Tableau, PowerBi and UiPath
Automate - work with different teams right across the Firm
to help them use digital tools to automate work and bring
new insights to their clients
Digital ecosystem - guide teams who are looking to deploy
new technology through the process including
development, Risk, Legal etc
Digital Lab - provide a platform to incentivise and reward
people to share their ideas and use those of others to make
our lives easier and more productive
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