The value added by the software and IT services sector to Romania’s GDP has reached EUR 3.066 billion in 2015, by 21% higher than the one generated in 2014, according to the data from the Employers’ Association of Software and Services Industry from Romania (ANIS). The modernisation of key economic sectors in Romania will continue to provide IT vendors with opportunities in banking, oil, power and telecommunications. An environment of investment in modernisation is likely to drive growth, particularly in the transport and utilities sectors. The present paper analyses the IT industry in Romania and its latest development.
Investing in Data Centers. Where are the opportunities in CEE? Beyond.pl
Presentation from 2015 TMT CEE FINANCE AND INVESTMENT conference in Warsaw. Introduced by M.Grzybkowski - CEO of Beyond.pl, on panel about investing in data centers in CEE regions.
In 2014 whole CEE data centers sector is approx. 300,000 m2 of gross space. 36% of it is accounted for Poland. In 2014 Poland's DC services market value was $0,5 bln and with a year by year increase of 15.6%.
However, there are only 36 DC providers in Poland. For comparison: only in London area you have 71 DC’s, in Frankfurt – 50, Amsterdam accounts for 38.
Complex evaluation of Poland's Data Center market as it stands in 2015 with predictions for the future.
What will you find inside?
Predictions for the future of IT outsourcing & its usage in individual sectors, overall ICT market overview, important drives for the DC growth, friendly Data Center, ISP, first carrier neutral Data Center in Poland.
Raportul privind competitivitatea industriei și serviciilor din sectorul teh...Oksana Gogu
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Investing in Data Centers. Where are the opportunities in CEE? Beyond.pl
Presentation from 2015 TMT CEE FINANCE AND INVESTMENT conference in Warsaw. Introduced by M.Grzybkowski - CEO of Beyond.pl, on panel about investing in data centers in CEE regions.
In 2014 whole CEE data centers sector is approx. 300,000 m2 of gross space. 36% of it is accounted for Poland. In 2014 Poland's DC services market value was $0,5 bln and with a year by year increase of 15.6%.
However, there are only 36 DC providers in Poland. For comparison: only in London area you have 71 DC’s, in Frankfurt – 50, Amsterdam accounts for 38.
Complex evaluation of Poland's Data Center market as it stands in 2015 with predictions for the future.
What will you find inside?
Predictions for the future of IT outsourcing & its usage in individual sectors, overall ICT market overview, important drives for the DC growth, friendly Data Center, ISP, first carrier neutral Data Center in Poland.
Raportul privind competitivitatea industriei și serviciilor din sectorul teh...Oksana Gogu
În Republica Moldova există toate șansele pentru a dezvolta o afacere de succes în domeniul IT. Această concluzie rezultă din raportul privind competitivitatea industriei și serviciilor din sectorul tehnologiei informației din țara noastră, prezentat de către experții International Data Corporation (IDC), o companie globală de cercetare și consultanță în tehnologia informației.
telecom companies are associated with the third-party vendors in order to provide better services to the customer which eventually reduce the operating costs. Therefore, reduction in operating cost and expenses is one of the major drivers for telecom outsourcing market over the forecast period.
Annual Deloite Central Europe Technology Top 50 program, the most prominent and respected ranking of the region's fastest growing technology companies.
AN EVALUATION OF THE PERCEIVED BENEFITS OF ELECTRONIC BUSINESS ADOPTION IN TH...ectijjournal
The study evaluated the perceived benefits of electronic business adoption in the Zimbabwean service sector
in Harare. A qualitative case study was adopted. The interview technique was deployed as a data gathering
instrument. Purposive sampling was used to select 100 service sector companies registered on the Zimbabwe
Stock Exchange (SZE).The findings revealed that electronic business is a catalyst to organisational
profitability and productivity. The study also discovered that electronic business improves communication
and open economy at national and international level. The study recommended that in order for the
sustainable growth of electronic business to take place, the institutional environment requires to be in favour
of the online trading systems.
In the last 15 years, BC’s tech sector has outpaced the province’s overall economy,
growing by 91% to generate over $15 billion dollars in GDP per year2. The sector’s
prominence will only increase as technology products and services become ever
more ubiquitous and deeply interwoven into all industries, including those not traditionally associated with tech.
Despite this promise, BC’s tech sector faces a significant headwind: a growing talent
deficit. The availability of talent has been a perennial concern for companies in the
sector. This was perhaps most prominently highlighted in 2016’s #BCTECH Strategy,
in which tech talent was identified as a fundamental pillar of a thriving tech sector –
and was suggested to be lacking in the province.
The goal of the 2016 TechTalentBC Report is to quantify this talent deficit and analyze
its factors in order to diagnose difficulties and identify specific areas in which remedial
action can be taken to ensure that BC’s tech companies have access to the quantity
and quality of tech talent required to compete and become global leaders.
It Takes an Ecosystem – How Brightspace and our partners are making education...D2L
Part One. Video Captions: One Important Tool for Creating Accessible Courses for Truly Diverse Learners
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Part Two. Ghost Voices: Using-Text-to-Speech Technology to Improve the Quality of Learning Online
Have you ever wanted to know why your students may not read the materials you post online? Have you considered that students may need a little extra help with reading and writing as they are progressing through your content? Make your online text materials talk as if they were a live lecture. Text-to-speech (TTS) technology provide users with the ability to listen to text content.
telecom companies are associated with the third-party vendors in order to provide better services to the customer which eventually reduce the operating costs. Therefore, reduction in operating cost and expenses is one of the major drivers for telecom outsourcing market over the forecast period.
Annual Deloite Central Europe Technology Top 50 program, the most prominent and respected ranking of the region's fastest growing technology companies.
AN EVALUATION OF THE PERCEIVED BENEFITS OF ELECTRONIC BUSINESS ADOPTION IN TH...ectijjournal
The study evaluated the perceived benefits of electronic business adoption in the Zimbabwean service sector
in Harare. A qualitative case study was adopted. The interview technique was deployed as a data gathering
instrument. Purposive sampling was used to select 100 service sector companies registered on the Zimbabwe
Stock Exchange (SZE).The findings revealed that electronic business is a catalyst to organisational
profitability and productivity. The study also discovered that electronic business improves communication
and open economy at national and international level. The study recommended that in order for the
sustainable growth of electronic business to take place, the institutional environment requires to be in favour
of the online trading systems.
In the last 15 years, BC’s tech sector has outpaced the province’s overall economy,
growing by 91% to generate over $15 billion dollars in GDP per year2. The sector’s
prominence will only increase as technology products and services become ever
more ubiquitous and deeply interwoven into all industries, including those not traditionally associated with tech.
Despite this promise, BC’s tech sector faces a significant headwind: a growing talent
deficit. The availability of talent has been a perennial concern for companies in the
sector. This was perhaps most prominently highlighted in 2016’s #BCTECH Strategy,
in which tech talent was identified as a fundamental pillar of a thriving tech sector –
and was suggested to be lacking in the province.
The goal of the 2016 TechTalentBC Report is to quantify this talent deficit and analyze
its factors in order to diagnose difficulties and identify specific areas in which remedial
action can be taken to ensure that BC’s tech companies have access to the quantity
and quality of tech talent required to compete and become global leaders.
It Takes an Ecosystem – How Brightspace and our partners are making education...D2L
Part One. Video Captions: One Important Tool for Creating Accessible Courses for Truly Diverse Learners
Automatic Sync Technologies promotes the benefits of Universal Design for Learning, with a focus on providing closed captioning services for education providers and publishers. VP Art Morgan says "the most successful campus accessibility campaigns have a common thread: they promote accessibility as a civil right and explain how accessibility fosters diversity and inclusiveness."
Part Two. Ghost Voices: Using-Text-to-Speech Technology to Improve the Quality of Learning Online
Have you ever wanted to know why your students may not read the materials you post online? Have you considered that students may need a little extra help with reading and writing as they are progressing through your content? Make your online text materials talk as if they were a live lecture. Text-to-speech (TTS) technology provide users with the ability to listen to text content.
Maximizing an organization’s potential requires multiple factors and strategies. One of the most important is developing accountability, making sure every member of the team, including the leaders themselves, understands the impact that their efforts and decisions have on the organization’s success. True accountability empowers every team member from the top down to make better decisions, take smarter risks, and contribute to the overall health and well-being of their organization. True accountability cannot be taught or dictated - it must be fostered and cultivated through continuous attention and reinforcement.
SCHNEIDER GROUP Industry Insight: IT Outsourcing and Software in BelarusSCHNEIDER GROUP
SCHNEIDER GROUP "We have gathered info about the Belarusian IT Outsourcing and IT Software industry. Read our report."
We offer different services for foreign companies wishing to operate in the IT sector in Belarus. Go here to see what we offer http://schneider-group.com/en/portfolios/it-nearshoring/
Claranet Research Report 2015 - Inovação TI na EuropaClaranet Portugal
Apresentamos o novo Claranet Research Report: 56 exaustivas páginas, onde cerca de 900 responsáveis de TI europeus, nos explicam como usam a tecnologia para inovar e como esperam usá-la no futuro.
Faça o download gratuito e descubra:
- Quais são os países que mais inovam na Europa;
- Como interagem os seus departamentos TI com o resto do negócio;
- Qual a opinião dos actuais líderes de TI, sobre os seus fornecedores de serviços.
Saiba mais em http://www.claranet.pt/claranet-research-report-2015.html
Why you should chose the services of Lasting Software in the field of Software outsourcing. Some well thought arguments for outsourcing in Romania at Lasting Software.
BDV Skills Accreditation - Future of digital skills in Europe reskilling and ...Big Data Value Association
The objective of the workshop is to highlight the need for a pan European level skill recognition for Big Data that stimulates mobility and fulfils the definition of overarching Learning Objectives & Overarching Learning Impacts. It is also meant to get feedback on the formats that are being prepared namely, usage of Badges, Label and EIT Label for professionals.
International Journal of Computational Engineering Research(IJCER)ijceronline
International Journal of Computational Engineering Research (IJCER) is dedicated to protecting personal information and will make every reasonable effort to handle collected information appropriately. All information collected, as well as related requests, will be handled as carefully and efficiently as possible in accordance with IJCER standards for integrity and objectivity.
20140930 nearshoring and outsourcing in romaniaFreddy Jacobs
Recruitment companies romania, recruitment agencies romania, recruitment and temporary employment romania, recruitment agency romania, head hunting romania, direct search romania, personal recruitment romania, recruitment company romania, executive search romania
Big Oppportunities, Clouded Possibilities for IT Services SectorPeopleWorks IN
With global IT spending projected to grow by 3.9 per cent, the IT services segment is all set to surpass its contribution to Industry revenue. Right Talent will be the ultimate source of comfort for firms like yours to support in your growth and business aspirations. PeopleWorks team pooled in resources to understand the challenges faced and the role of HR in IT Services Sector. The same has been documented and attached for your perusal.
Over the last seven years, MENA and CEE have received total capital investment of more than $5 billion. We see the results with prominent exits in the regions; some of the big winners are UIPATH (CEE), Trendyol (Turkey), and Careem (MENA).
There is even more potential for significant returns to come. Check it out inside.
Când pandemia trece ce comportamente ale consumatorilor rămân?Constantin Magdalina
Comportamentul consumatorilor se schimbă într-un ritm fără precedent. Transformarea digitală a companiilor este necesară acum pentru supraviețuirea acestora. În urma pandemiei angajații și companiile din servicii vor avea de gestionat noile atitudini și comportamente ale consumatorilor, care preferă mediul online. Pentru activarea soluțiilor și susținerea experiențelor relevante pentru consumatori, liderii trebuie să implice mult mai mult membrii echipei. Care sunt mecanismele cele mai potrivite pentru a face acest lucru?
Este timpul să ne pregătim pentru următoarea fază. Industriile care au fost în status quo timp de un deceniu sunt acum larg deschise pentru a se transforma. Companiile care se vor mișca rapid și decisiv vor câștiga.
From defensive to offensive growth during the pandemic generated by COVID-19Constantin Magdalina
It is now the time to prepare for the next phase. Industries that have been in the status quo for a decade are now wide open to transformation. Companies that move quickly and decisively will win.
Pași esențiali pentru trecerea cu succes la spațiul virtual de muncăConstantin Magdalina
Până acum lucrul de acasă era o opțiune folosită pentru creșterea motivării angajaților prin conceptul de work-life balance, ponderea lucrului de acasă fiind în majoritatea cazurilor de 1 zi/săptămână. Astăzi, sub impactul crizei COVID-19, lucrul de acasă nu mai e o opțiune ci o soluție. Astfel a devenit obligația companiilor de a crea un mediu de lucru digital care să permită telemunca.
Essential steps for a successful transition to the virtual workspaceConstantin Magdalina
Until now, working from home was an option used to increase employee motivation through the concept of work-life balance, the share of working from home being in most cases 1 day / week. Today, under the impact of the COVID-19 crisis, working from home is no longer an option but a solution. Thus, it has become the obligation of companies to create a digital work environment that allows remote working.
Sunt vremuri incerte pentru toată lumea. Cu o recesiune iminentă, tentația de a reduce bugetul de marketing este mare. Acest lucru ar putea avea un impact și mai mare asupra oportunităților viitoare. Prin urmare, pivotarea strategiei de marketing pentru a vă asigura că rămâneți relevanți pentru consumatori este foarte importantă. Odată cu ordonanțele militare succesive și restricționarea activităților, multe companii sunt obligate să-și regândească modul în care își desfășoară activitatea. Măsurile de distanțare socială determină mutarea comportamentelor de cumpărare preponderent în mediul online.
În mijlocul crizei, este importat ca liderii să propună soluții raționale – dar creierul nu poate funcționa rațional dacă nu
rezolvăm o problemă emoțională: FRICA. Prezenta aici un exercițiu practic de transformare a fricilor în acțiuni productive.
1. Accentuarea izolării 2. Neîncrederea în igiena semenilor și a produselor 3. Mobilitate limitată 4. “Convertirea” mesei din sufragerie în birou 5. Creșterea tensiunii și conflictului 6. Reconversie fără precedent 7. Identitate dincolo de serviciu
8. Limitarea contactului cu seniorii 9. Orice se livrează acasă
1. Asigurarea siguranței sanitare a angajaților 2. Revizuirea politicilor privind acordarea concediilor medicale 3. Modificarea politicilor privind munca la distanță 4. Asigurarea disponibilității și continuității forței de muncă 5. Stabilirea unor canale alternative de comunicare 6. Motivarea angajaților
7. Susținerea managerilor
Despite the some dose of uncertaintanty, sales and marketing teams make forecasts, talk to current customers, recalibrate budgets and change the marketing mix. What is the objective for that? Increasing favorability, improving conversion rates, ensuring profitability. Therefore, in addition to the plans and scenarios prepared by managers, the essential elements for success are given by the ability to observe new trends and agility in adapting to them. Here are the tactics we recommend.
Acest studiu sondează percepțiile directorilor executivi și managerilor cu privire la centrarea pe client a strategiei și proceselor
companiei. Chestionarul, la care s-au primit 723 de răspunsuri, a fost aplicat în perioada 24 septembrie – 28 noiembrie 2018. În
acest raport vorbim despre centrarea pe client ca fiind o strategie care aliniază dezvoltarea și livrarea produselor companiei în
jurul nevoilor consumatorilor, cu scopul de a crește valoarea companiei. Studiul prezintă date comparative cu ediția din anul 2017.
Barometrul digitalizarii in Romania - studiu comparativ 2017 vs 2018. Versiunea completa de 83 de slide-uri o gasiti pe https://valoria.ro/portfolio/barometrul-digitalizarii-companiile-din-romania-2018/
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
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Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
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1. 1
Constantin Măgdălina,Expert
EmergingTrends & Technologies
IT industry in Romania speeds up its growth
Author: ConstantinMăgdălina, Emerging Trends & Technologies Expert
I. Market overview
The present added value of the IT&C sector to Romania’s GDP reached EUR 9.8 billion in 2015. It has doubled
up compared to 2012, and overpassed industry sector’s contribution to GDP, coming close to the one of the
trade sector. In 2015, IT&C had the most rapid growth of all economic sectors, 12.5% compared to 2014 and
had the second largest contribution to the overall Romania’s economic growth of 3.7%.
In this context, the value added by the software and IT services sector to Romania’s GDP has reached EUR
3.066 billion in 2015, by 21% higher than the one generated in 2014, according to the data from the Employers’
Association of Software and Services Industry from Romania (ANIS).
The local software market (exports not included) is forecasted to expand by 6.7% to a value of EUR 425
million in 2016, a exceeding the EUR 398 million level from 2015. A strong growth is expected to be maintained
over the medium term, with a CAGR of 8.4% forecast over 2016-2020 to EUR 648 million in 2020.
As for the local IT Servicesmarket (exports not included), it is forecasted to grow from EUR 593 million in
2016 to EUR 972 million in 2020, a CAGR of 8.5%. Cloud computing andoutsourcing adoption by local
enterprises will drive expansion of the services segment, supplementingtraditional revenue sources such as
consulting and systems integration.
Description 2013 2014 2015 2016E 2017F 2018F 2019F 2020F
IT marketvalue [EUR bn] 2.152 2.548 3.066 3.616 4.211 4.834 5.495 6.000
IT marketgrowth rate [%] 15% 18% 21% 17% 16% 15% 14% 14%
Local IT market[EUR bn] 897 953 991 1.036 1.154 1.314 1.482 1.620
Local software sales [EUR bn] 335 370 398 425 485 499 607 648
Local IT services sales [EUR bn] 562 583 593 611 669 815 875 972
Source: Software and IT Services in Romania 2016 – ANIS, Romania IT Report Q3 2016 – BMI
(E/F = estimation/forecast)
The enterprise application market has considerable potential in ERP and CRM, and lower-cost cloud providers
could make gains in market share by tapping this underpenetrated opportunity.Relatively low penetration of
enterprise applications represents an opportunity for vendors, and growth could be particularly strong as cloud
delivered ERP and CRM solutions to deepen the market.
II. Talent pool
In Romania, there are approximately 100,000 IT specialists at national level. Technical education includes 5 of
the top polytechnic universities, 59 domain-specific universities, and 174 private colleges. Romanian
universities have been top 3 in the IEEE Design Competition every year since 2001. The number of engineers
per capita is greater in Romania than the US, India, China, or Russia. 27% of IT bachelor and master students
start obtaining technical certifications while in college. The country is in the top 10 globally in the number of
certified IT specialists, while about 98% of IT professionals speak English. This recommends Romania as a hot
spot for IT sector rapid development over the next decades.
Bucharest occupies the first position in the Romanian IT industry with 56% of the number of employees, 27 of
the 30 biggest companies in software and services are based in Bucharest; the city is home to local
companies, integrators and solution providers, as well as support and R&D centres of IT multinational
companies. Provides around 2000 IT graduates per year and went up in Tholon’s top 100 outsourcing sites
from 44 in 2013 to number 40 in 2014.
2. 2
Constantin Măgdălina,Expert
EmergingTrends & Technologies
After Bucharest, Cluj-Napoca is the second city by the number of software and services companies based
here. Corporations opened new R&D centres or expanded existing ones. 4 years ago, Cluj-Napoca was one of
the hot spots in Romania for IT and BPO services. With 1700 IT graduates it also offers the second richest grad
pool in Romania.
Timisoara remains and important IT hub in Romania, but as new rising star surfaced Iasi, considered in 2013
the second local IT cluster in Romania after Cuj-Napoca. Other hubs with good talent pool and potential to
grow are TarguMures, Sibiu, Brasov, Craiova and Pitesti.
Romania is positioned to benefit from regionalization of the cloud computing market, due to its strong
networking infrastructure, low cost and especially to the local labour skills base. A large percentage of IT
specialists are software developers (55%), followed by technical support skills (15%) and quality assurance/
testers (9%).
An additional advantage of the country is represented by the diversified and highly required programming
languages Romanian experts own: Java (28%), PHP (15%), .NET C# (15%), and C/ C++ (12%) rank the
highest in the top of programming languages and of expertise. IT professional are drawn to obtain international
certifications such as: Linux, CISCO, Microsoft, Oracle, Sun, ISTQB, OMO, CBAP. Although Romania aims to
be a regional IT hub, the pool of talents seems to not commensurate this goal. The over 7,000 IT graduates are
insufficient to cover the needs of the market. This shortage may deepen over the longer term as qualified
workers migrate to other parts of the EU in search of higher pay and better employment opportunities.
3. 3
Constantin Măgdălina,Expert
EmergingTrends & Technologies
III. Industry segments& competitive landscape
a. SOFTWARE
Enterprise software: The Romanian enterprise software market is mature in a global context as
aconsequence of increased integration with the wider European economy - still penetration rates
aresignificantly below those in Western Europe as well as leading Central and Eastern European markets
suchas the Czech Republic. The enterprise software opportunity in Romania remains focused on ERP, CRM
and supply chain management (SCM).The latest data for 2015 show that adoption rates among Romanian
large enterprisesand small-and-medium-sized enterprises (SMEs) are below the European Union (28 country)
average forboth ERP and CRM. In some cases the gap was especially large, including SME ERP penetration
and CRMlarge enterprise penetration.
Cloud computing: is a small market compared to most of Europe, but it is developing rapidly.Although price
pressures are expected to be intense due to price sensitivity, thepotential of the Romanian market is significant,
with rapid proliferation of adoption supported by highquality and extensive network infrastructure. It isforecasted
that total Romanian cloud computing spending willincrease at a CAGR of 17.4% over 2016-2020 to EUR 69
million.
SaaS: Eurostat data provide an outline of the market which also indicate Romania is falling behind peers in
CEE. In 2014, just 5% of Romanian non-financial enterprises with 10 or more employees had adopted at least
one cloud service (this figure also includes infrastructure and platform services).
IaaS/PaaS: In terms of Infrastructure-as-a-Service (IaaS)/Platform-as-a-Service (PaaS) adoption, the datashow
storage of files and hosting databases were the most common in 2014 at around a third of cloud
usingenterprises, while only 19% of cloud using enterprises in Romania using cloud computing power for
theirown applications, from which we infer this could be an area of medium term outperformance.
b. IT SERVICES
The Romanian IT services sector is expected to grow to EUR 593 million in 2016, beforeincreasing to EUR 972
million in 2020, corresponding to a CAGR of 8.5%. The IT services industry will be theoutperforming segment
of the IT market over the medium term as a result of continued growth inoutsourcing and wider adoption of
cloud computing services among Romanian end-users in both the publicand private sectors. Key to this will be
domestic demand from corporate modernisation and governmentinvestments in the information society.
Another factor will be outsourcing, while the potential for cloudcomputing growth in Romania is very strong if
EU regulations for harmonisation of data security andprivacy are implemented.
EU funds will continue to support spending on IT services as Romania continues on the path to fullintegration.
The government has looked to EU structural funds to enable IT projects that can help generateinvestments and
support the market. Local governments are also recipients of EU funds and constitute animportant IT services
spending vertical.
IV. Opportunitiesand growth drivers
Household income forecast envisages a steady migration of households up the income scale in Romania
overthe medium term, which will allow PC vendors to target higher value sales, and potentially benefit
fromshorter replacement cycles.
The updated the Digital Agenda for Romania 2014-2020 includes a projection for EUR 2.4 bn of IT
investments, ofwhich EUR850mn is expected to be secured from European Operational Program funding;
EUR495mn isallocated to broadband roll-out; EUR100mn to e-government and interoperability; EUR85mn for
IT ineducation; EUR50mn for IT in healthcare; EUR30mn for cloud computing and social media; and EUR15mn
for IT in culture.
4. 4
Constantin Măgdălina,Expert
EmergingTrends & Technologies
Deeper integration into the European policy umbrella is expected to facilitate growth not only in outsourcing,
where Romania is a regional leader, but also in more advanced IT services such as cloud computing. Although
at an early phase of development, enterprise resource planning has reported 20% growth and looks set to
remain a major opportunity as businesses invest in cost saving efficiency measures to modernize and compete
at the European level.
The modernisation of key economic sectors in Romania will continue to provide IT vendors with opportunities in
banking, oil, power and telecommunications. An environment of investment in modernisation is likely to drive
growth, particularly in the transport and utilities sectors.
AboutConstantinMăgdălina
ConstantinMagdalina is an expertin emerging trends and technologies. He hasa 8 yearsofworking experience, while he performed in
multinationals both in Romania and abroad. Constantin holds a Master in Marketing and Business Communication from the Academy of
Economic Studies in Bucharest. He is a certified Lean Six Sigma and ITIL Expertwhich provideshim a good understanding of
processesand transformations within organizations. The certifications from the Chartered Institute of Marketing and Hubspot
complement his expertise and knowledge of business transformation. In his over 4 yearsof working with EY, Constantin initiated and
conducted studies which analysed different aspects related to the business environmentin Romania such asthe growth forecasts of
companies for 2013-2016, knowledge managementinsights, the buying experience in the age of digital consumers, social media 2013-
2015, the utilization of mobile devicesin Romania. He is the author of numerousarticles on topics related to innovation, the efficiency of
business processes, social media, the buying experience in the digital age, trendsand emergenttechnologies. Constatin is invited as
key-note speaker at numerousevents and business conferences.