Ireland: IT and Internet

Ireland has emerged as Europe's leading destination for AI and technology investment, yet a significant readiness gap is emerging across Irish businesses. The third William Fry Technology Report reveals that while 80% of large firms have invested in AI, 70% of businesses overall have yet to do so, and only 11% of large businesses report achieving positive returns on their AI investments.

Last week, the European Central Bank ("ECB") released its horizontal analysis of the most recent Outsourcing Registers submitted by significant institutions (SIs).

The European Electronic Communications Code (the "EECC") is expanding the remit of national telecoms regulators across the EU to cover ‘interpersonal communication services' ("ICS")[1].