The franchise market continues its growth at an accelerated pace in 2023, given the high interest of Romanians in opening a franchise business. Thus, in the first quarter of the year, approximately 30% more franchises were opened in Romania than in the first quarter of 2022, according to Franchwise, the largest consulting company in the field of franchises in Romania. […]

Spending on telecom services and pay TV services in Europe, the Middle East, and Africa (EMEA) increased by 2.4% year on year in 2022, reaching $449 billion, according to the Worldwide Semiannual Telecom Services Tracker published by International Data Corporation (IDC). IDC forecasts EMEA spending on telecom and pay TV services will increase by 2.7% this year and reach a […]

Encora, a global next-gen digital engineering provider, today announced that it has signed a definitive agreement to acquire Softelligence, a Romanian software engineering services provider, to establish Encora’s first delivery centers in Europe. Encora’s growing global presence enables the company to deliver nearshore services to clients in the Americas, Asia Pacific, Australia and now Europe as well.   “Softelligence is […]

Atos, a global leader in digital transformation, high-performance computing and information technology infrastructure, announces its revenue for the first quarter of 2023. Atos’ leadership team, Nourdine Bihmane, Diane Galbe and Philippe Oliva, declared: “Atos recorded a robust +2.8% organic revenue growth in Q1 with both businesses delivering on their 2023 priorities. Under its new commercial brand, Eviden reported another solid […]

Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, today celebrates our 30-year anniversary of solving our clients’ most complex problems with the latest technology. From 2021, the company is also present in the Romanian market. With three offices, in Bucharest, Cluj-Napoca, and Iași, Thoughtworks has around 250 employees in Romania, most of them software development […]

Eviden, the Atos business leading in digital, cloud, big data and security, announces that 3 of its cybersecurity experts based in Romania took part in the largest international cyber defense exercise, ”Locked Shields 2023”, organized by the NATO Cooperative Cyber Defense Center of Excellence (CCDCOE). The exercise took place in Tallinn, Estonia, at the end of April. It brought together […]

Against the backdrop of high inflation, 75% of online retailers in Romania have as their main business objective the expansion of their product ranges, to meet consumer needs, satisfy customers’ desire for diversity, and increase sales, according to an analysis conducted by Limitless Agency, one of the largest digital marketing agencies in the local market. At the same time, to […]

New analysis by Brand Finance reveals that the world’s top 100 B2B brands account for USD2 trillion in brand value. Yet almost USD1 trillion of business value remains untapped by B2B brands, who lag behind B2C brands in terms of brand contribution to business value. The USD2 trillion in brand value of the top 100 B2B brands accounts for 12% […]

A proposed European law that could require communications companies, including WhatsApp, Signal and Facebook Messenger, to scan the contents of private and encrypted messages for child abuse material is likely to be annulled by the European Court of Justice, according to the European Union’s (EU) own internal legal advice. The controversial EU law, known as “chat control”, will allow governments […]

European spending on digital transformation (DX) is forecast to exceed $550 billion in 2023, a year-on-year increase of 15.9% from 2022. According to International Data Corporation’s (IDC) latest Worldwide Digital Transformation Spending Guide, DX spending in Europe will continue to grow in double digits till 2026, with a CAGR of 16.6% for 2021–2026. DX spending will be driven by investments […]

“As AI development affects nearly every aspect of our lives and its influence will further increase in the foreseeable future, member states must take concrete steps to ensure that people’s human rights are safeguarded in the design, development and deployment of AI systems” says Council of Europe Commissioner for Human Rights Dunja Mijatović in a report released today. In her […]

TotalSoft, one of the leading providers of business information systems in Central and Eastern Europe, and Sodexo Benefits and Rewards Services Romania (BRS), the leader of the local extra-salary benefits market, announce the signing of a partnership that improves the digital experience of employers in the recurrent process of administration and loading of meal cards offered to employees. The main […]