The report also predicts the mass-scale production of 3D-printed organs, implants to monitor our health and self-cleaning homes will be key parts of everyday life.

The largest indigenous technology firm in Ireland, First Derivatives, has bought a controlling stake in a US big data vendor in a multi-million euro deal.

DUBLIN-listed financial services technology company, First Derivatives has said that it is on course to deliver increased profits for its current fiscal year after posting a record set of first-half figures.