JOE GILL: The ‘knowledge economy’ can mean power for Ireland

The five counties that have the worst broadband connectivity in Ireland also have the lowest house prices, writes Joe Gill.

The knowledge economy is key to Ireland’s prosperity. That is because of the rapid migration of business online, the wave of gigantic data processing that is supporting a myriad of industries, and the value of analysis and insight to the global economy.

Ireland is ideally positioned to exploit this opportunity for a number of key reasons. Firstly, English remains the chosen language of the online world and is a natural asset for Ireland based providers; secondly, we have a well-entrenched education pipeline of graduates who are savvy in knowledge management, and, thirdly, geographically Ireland can service a global market efficiently given its ability to trade across all time zones.