The impact of Silicon Valley Bank on the European tech sector

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The impact of Silicon Valley Bank on the European tech sector

Posted on March 16, 2023

PAC observes that with the loss of SVB, many European firms may now find it harder to access large funds, which SVB provided, which are not common within European countries. However, other banks need to take the positives from SVB to engage ...

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Trends in the Austrian insurance market

Posted on March 16, 2023

The Austrian insurance market is an important consumer of software and IT services. PAC currently observes two major trends in the Austrian insurance market: embedded insurance and sustainability.

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German health insurers start exploring the platform business

Posted on February 7, 2023

External factors such as complex customer requirements, customer lifestyle changes, and price sensitivity are having a strong impact on insurers’ prospects of profitable growth. In this context, insurers are facing the challenge of tapping into new business segments. For that reason, many established insurance companies have begun to ...

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Réussir sa digitalisation, élément clé pour les assureurs français

Posted on October 28, 2022

2021 a été une excellente année pour les assureurs français. Selon les derniers chiffres de la Fédération Française des Assureurs (FFA), leur résultat net a augmenté de 22% en 2021 et cette bonne performance s'est poursuivie au premier semestre 2022 malgré la récente volatilité des marchés

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PAC CxO survey reveals the reality, and opportunity, of enterprise 5G adoption across Europe

Posted on October 19, 2022

For 2022 PAC chose 5G as one of the key topics to survey 596 European CxOs across 14 countries. From the survey data highlighted in this blog, it is evident to PAC that 5G presents a significant opportunity for enterprises to improve their operations with the right support from solution/service providers.

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The Genesys G-Summit for UK&I demonstrated the importance of experience orchestration

Posted on October 10, 2022

PAC recently had the opportunity to attend a Genesys UK&I event, the customer experience (CX) and contact centre software company, to learn more about their products and how they support organisations’ CX journeys.

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The complexity of managing assets across the supply chain and the role of ServiceNow

Posted on October 3, 2022

It is well understood that supply chains do not handle uncertainty and unpredictability well. Therefore, PAC considers the announcements by ServiceNow mentioned in this article, as part of the Tokyo release, as having the potential to optimise the complex nature of an organization's supply chain.

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L'évolution des attentes des consommateurs devrait mener les assureurs à accélérer leur transformation numérique.

Posted on January 18, 2022

2020 et la récente crise du COVID-19 se sont avérés difficiles pour les acteurs du secteur de l'assurance avec, d'une part, une baisse historique des primes perçues (-11,5% en 2020) et, d'autre part, une modification de leurs profils de risque. 

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Figure of the day: SITS spending in the Austrian insurance sector

Posted on July 26, 2021

According to PAC's estimates, total SITS spending in the Austrian insurance sector is expected to grow by 3.5% in 2021 and by 4.6% in 2022.

 

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Figure of the day: Spending on software - insurance sector - Spain

Posted on July 12, 2021

According to PAC, in the Spanish insurance sector, spending on software amounted to €237m (+1%) in 2020.

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Figure of the day: IT challenges - CxO survey - banking and insurance

Posted on June 10, 2021

40% of the enterprise leaders in the banking and insurance sector we surveyed for the CxO Investment Survey worldwide rate optimization of end-user experience as a major IT challenge for their organization.

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Wipro spends €1.2bn on Capco to bolster BFSI credentials

Posted on March 4, 2021

Wipro has announced an agreement to acquire Capco, a management and technology consultancy geared towards the banking and financial services market. The deal will see Wipro spend approximately €1.2bn ($1.45bn) on the firm, which makes it the company’s largest acquisition to date.

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Covid19 : deuxième révision à la baisse de nos chiffres de croissance

Posted on May 25, 2020

Dès le début de cette crise sans précédent, nous avons tout mis en œuvre pour apporter nos prévisions sur le marché des logiciels et services numériques en France afin que nos clients puissent en bénéficier pour leurs propres analyses.

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Insurers Take a New Approach to the Legacy Challenge

Posted on May 7, 2020

Very few organizations struggle with the burden of legacy technology debt to the extent of major insurance carriers. 

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Covid-19, un impact différent selon les secteurs

Posted on March 31, 2020

La très rapide propagation actuelle du corona virus et les effets induits sur la vie publique changeant quotidiennement ne permettent pas vraiment d'évaluer de manière définitive les effets de la crise sur l'économie mondiale et française. Toutefois, il apparaît déjà que les secteurs seront touchés avec des intensités différentes.

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Covid-19, un événement inédit, un impact conséquent sur le marché IT

Posted on March 30, 2020

La très rapide propagation actuelle du coronavirus et les effets induits sur la vie publique changeant quotidiennement, il est difficile d'évaluer de manière définitive les effets de la crise sur l'économie mondiale et française. Voici une première approximation.

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Der IT-Markt im Zeichen von Corona: Die Branchen trifft es unterschiedlich

Posted on March 25, 2020

Die aktuelle Ausbreitung des Coronavirus und die sich täglich ändernden Auswirkungen auf das öffentliche Leben lassen momentan eigentlich noch keine finale Einschätzung darüber zu, welche Auswirkungen die Corona-Krise auf die globale sowie die deutsche Wirtschaft haben wird. Aber es zeigt sich bereits, dass die einzelnen Branchen ...

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The top 10 IT trends for 2020 (3) – Trend 2: Edge and 5G enable real-time IT locations

Posted on January 10, 2020

Two technologies will increasingly merge in 2020, pushing each other – edge computing and 5G campus networks. Both technologies have a common purpose, which is to combine on‑site compute power and/or high-speed and high-volume networks in order to create real-time IT locations where automation and the autonomy of complex systems become a ...

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Die Top 10 IT-Trends für 2020 (3) – Trend 2: Edge und 5G ermöglichen Echtzeit-IT-Standorte

Posted on January 10, 2020

Zwei Technologien werden 2020 immer mehr verschmelzen und sich gegenseitig vorantreiben – Edge Computing und 5G-Campusnetze. Beide Technologien haben einen gemeinsamen Zweck, nämlich Rechenleistung vor Ort mit volumenstarken Hochgeschwindigkeitsnetzen zu kombinieren, um Echtzeit-IT-Standorte zu schaffen, an denen...

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The top 10 IT trends for 2020 - Part 1: Forecast for the European IT services market

Posted on December 18, 2019

The European IT services market maintained its steady growth trend in 2019. Despite the increasingly gloomy economic outlook, the widening scope of digital transformation initiatives across all industry sectors kept investment in IT-related consulting, systems integration, and operations services ticking over. But what about 2020? Overall, ...

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Die Top 10 IT-Trends für 2020 - Teil 1: Prognose für den europäischen Markt für IT-Dienstleistungen

Posted on December 18, 2019

Der europäische Markt für IT-Dienstleistungen verzeichnete auch 2019 konstantes Wachstum. Unsere Erwartungen zur Marktentwicklung 2019 waren zurückhaltender angesichts der zwei Vorjahre, in denen das Wachstum leicht gestiegen war. Treiber hierfür waren hohe Investitionen in Projektdienstleistungen und Public IaaS/PaaS. Doch wie sieht es für ...

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