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Industry Insights

Hiring trends in Data and what they mean for your career

The tech sector in Ireland has suffered in recent months – we all know of the glut of layoffs for many of the big tech giants amid global downsizing or right sizing. However, there is still strong demand for tech talent across the wider economy in other sectors such as medtech, pharma and financial services, with data analytics and cybersecurity being identified as two key areas for future growth.

Trends in Data
Fintech

The financial sector in Ireland has also seen a significant increase in demand for data-related roles. This is largely due to the need for these roles to support the increasing digitisation of the financial industry, which has been accelerated by the pandemic.

Medtech

Similarly, the healthcare sector in Ireland – there is a wealth of data being generated in healthcare, from patient records to clinical trials and medical research, and the ability to analyse this data is becoming a key factor in improving patient outcomes and driving innovation in the healthcare sector.

Start Ups

Start-ups are also a growing area of focus for data analysts. Many start-ups are data-driven, and data analysis plays a crucial role in helping these companies to gain insights into their customers behaviour, identify trends, and optimize their business processes and improve their products and services

Other Regions

Spain also has a vibrant and growing data industry and is seeing a significant increase in demand for professionals with skills in data analysis, data science, business intelligence, and machine learning. This trend has been driven by the increasing importance of data in making informed business decisions across a wide range of industries.

One of the main factors contributing to the growth of the data industry in Spain and indeed Southern Europe, is the increasing adoption of new technologies such as cloud computing, big data, and artificial intelligence. This has created a need for professionals with expertise in these areas, as well as in traditional data analysis and reporting.

Trends in Data
Here are some of the key trends in the world of Data right now:

  -Artificial Intelligence (AI) and Machine Learning (ML) help businesses automate repetitive tasks, optimise processes, and personalise user experiences.

 -Big Data such as Hadoop, Spark, and NoSQL databases are becoming very popular.

 -Data privacy and security is becoming more important. Governments around the world are implementing stricter data protection regulations such as the GDPR in Europe and CCPA in California.

 -Data Visualization is becoming more important as businesses look for ways to communicate data insights to non-tech stakeholders. Data visualisation tools such as Tableau and Power BI are becoming increasingly popular.

 -Data Ethics: Data scientists need to be aware of potential biases in the data they work with and ensure that their models are fair and transparent.

So what does the future hold?

Going into the future there will be a huge need for a talent pipeline who have invested in these new skills and capabilities.  We’d recommend candidates have a broad skill base and be proficient in Data Management, Governance, AI, ML, Big Data, Data Security and Cloud Computing. Candidates who upskill in these areas will be in high demand in the job market

The demand for data-related roles in both countries is growing and will continue to do so in the coming years, as more companies recognise the importance of data-driven decision making. Ireland has been positioning itself as a hub for data and technology. This can be seen through the many Government supported initiatives and programs that have been launched to support the growth of the technology sector in Ireland.

The Spanish government has also recently launched initiatives to promote the development of the data industry, including investment in research and development and the creation of data-focused training programs.

If you work in this area and would like to chat about current job opportunities or need careers advice on upskilling for the future, please get in contact with our expert recruiters in each region:

Spain: Alejandro

E: [email protected]

M: +34 629 72 14 95

Ireland: Lisa

E: [email protected]

M: +353 87 1037262

author avatar
Colette MacNamara

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