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Finpro business opportunities in ict security in europe

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Information security is one of this year's hottest topics - companies and organizations want to ensure their data is secure and they are taking action to combat potential security threats. The EU's target is to make Europe a secure and trustworthy ICT environment, for both company and personal data, and ICT security is one of the few sectors in Europe where growth is strong. Changes in the business environment have made companies seek new partners in ICT security – agreements are currently being made and the window of opportunity in this market is now open.

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Finpro business opportunities in ict security in europe

  1. 1. Business opportunities in ICT security in Europe Information security is one of this year’s hottest topics - companies and organizations want to ensure their data is secure and they are taking action to combat potential security threats. The EU’s target is to make Europe a secure and trustworthy ICT environment, for both company and personal data, and ICT security is one of the few sectors in Europe where growth is strong. Changes in the business environment have made companies seek new partners in ICT security – agreements are currently being made and the window of opportunity in this market is now open. Changes in data processing technology are creating new needs in Western European markets - good examples of this are ’big data’, the growing usage of mobile devices and the Bring Your Own Device (BYOD) trend in workplaces. In addition to legal requirements regarding data security, the growing number of cyber-attacks has made companies willing to invest in securing the information in their data systems. The current discussion surrounding information security has resulted in many European players in both the public and private sectors seeking new partners in the ICT security sector. Finland’s reputation as a neutral country with world-class ICT security knowhow is a powerful advantage in this situation. Smaller companies are also viewed as interesting service providers because they are agile and innovative.
  2. 2. www.finpro.fi/english-pages/opportunities-worldwide www.finpro.fi Anne Laitinen Consultant anne.laitinen@finpro.fi +358 40 415 4221 Annaleena Soult Regional Sales Manager annaleena.soult@finpro.fi +358 40 3433 447 European players in the ICT sector are also looking for neutral and trustworthy partners in cloud, system integration and platform services - when these are created and initialized, their chosen partners will probably have access to both private personal data and confidential business information. The growing information security markets in Western Europe offer Finnish ICT companies sustainable growth in both the short and long term. Demand is growing and companies are hungry for effective and efficient security solutions - contact us to discuss how you can seize these business opportunities now! Business opportunities in ICT security in Europe Specific business opportunities exist in the following sectors: • Banking and finance: the majority of consumers are ready to adopt e-commerce when the security solutions are provided by banks. • Retail: the growth of online commerce means that both stored data and data in transit need to be protected - typical applications are payment card transaction systems and customer loyalty systems. • Communications: smartphones, the growing quantity of sensitive information being transmitted, and the widespread use of applications in phones and tablets have all created new challenges in data protection. • Healthcare: the move to electronic patient information systems is generating demand for high-quality security solutions and integration knowhow.

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