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Romania's IT industry could grow at an annual pace of 9 percent until 2025


Romania's IT industry could grow at an annual pace of 9 percent until 2025 and cooperation among the relevant entities is the key to the future, president of the Smart Alliance cluster Gabriel Munteanu told the Smart Alliance Innovation Summit on Thursday. 

"Apart from being the largest and most innovative entity in Bucharest, the Smart Alliance cluster represents innovation. The idea of a collaborative cluster, of collaborative business is iconic for the future. If we don't cooperate, we will have issues. In 2016 the cluster recorded 42.1 million euro, 765 employees and 2,200 projects carried out. Estimates show that until 2025 we will have a 9 percent increase per year for Romania's IT segment. This year we are talking about a drop in the market, but Smart Alliance members are growing by 30 percent a year, which is incredible," Munteanu said. 

Smart Alliance - Innovation Technology Cluster organized on Thursday the second edition of the SMART Alliance Innovation Summit, the largest event dedicated to the presentation of solutions created by Romanian IT & C experts to address the issues of the business sector. 

The event brings together over 55 Romanian and global companies, professional associations and civil society representatives; 25 local and international speakers will address the audience in the panels: SMART Education Debate, SMART City Debate, SMART Innovation and SMART GDPR Debate. 

The event also features an exhibition area for the show of dozens of state-of-the-art technologies that can make a difference and take a private company or public authority from their current condition to efficiency. The global exhibitors present include Asus, Bitdefender, Canon, Lenovo, Eaton, Epson, Samsug and Zebra. 

SMART Alliance Innovation Summit is the only event intended for Romanian business people and public administrators who understand that innovation has become the engine of any successful approach, the organizers note.