The Cayman Islands Tech Futures Week 2025 Report published on 25 Nov. outlines seven recommendations to help the jurisdiction thrive amid technology disruption.
A joint effort between Cayman Enterprise City and Workforce Opportunities and Residency Cayman, the report was launched at a press briefing in the special economic zone. The report was based on viewpoints collected from workshops, forums, focus groups and roundtables during Tech Futures Week 2025, which ran from 6 Oct. to 11 Oct.
“We wanted to have the right people in the right room at the right time,” said Reinaldo Fletcher, manager of the workforce department’s labour market demand unit. “We want to have accurate data to inform policy.”
Cayman’s tech sector is booming, but Fletcher indicated that the government doesn’t yet have clear data on how many Caymanians are obtaining new tech jobs, something he hopes will change in the future.
Key recommendations
The report’s recommendations are too detailed to be listed in their entirety here.
The first aim is for a ‘national strategy, coordination and AI readiness’. It includes suggestions, such as creating a national tech sector council, setting up a tech job portal and rolling out government schemes, such as the national digital ID.
The second recommendation is ‘education and curriculum modernisation’, which involves introducing tech skills to schools and universities. That is complemented by the third aim, ‘work-based learning career pathways and retention’ – a broad plan to involve workplaces in tech training.
Of course, there is no point in Cayman having a booming tech sector if local people don’t know about it. So, the fourth recommendation, ‘inclusion, awareness and community engagement’, will launch a community awareness campaign and try to involve young Caymanians through initiatives like coding clubs.
The fifth objective, ‘infrastructure, innovation and investment’, calls for private-sector investment in capital-intensive assets, such as data centres and renewable energy, while the government contributes with streamlined permitting for digital businesses.
The sixth recommendation, ‘public sector readiness and digital transformation’, calls for digital training for civil servants, with a dashboard to measure how ministries are adopting new technology.
The final aim, ‘collaboration, governance and leadership’, calls for greater cooperation between the public and private sectors in key areas, like regulation and tech research.
Tech Futures Week 2025 didn’t just produce a report.
Another key takeaway was a new app, Future Me, which will be launched on 9 Dec.
Billed as a ‘lifestyle-led career mapping app’, it aims to help young Caymanians plan for their future by asking about their life goals and then linking them with the career and study options that can get them there.
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Cayman doesn’t need a tech future. But mainly it doesn’t need the finance and law sector ruined by this governments fees.
Why was there no 500% increase on tech fees for simply using the internet in Cayman? Guess expats will see that discrimination next month from the gov…
Was there any commentary on how much of this “tech” was related to Financial Services? I think there might be a correlation.
Also do we really have the scale and critical mass for a local data centre? Let alone centres.