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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Fields of digital innovation: blockchain, quantum, VR/AR - VI

Posted on January 11, 2023

Cloud, IoT, and analytics are highly dynamic but widely established building blocks of digital innovation. In addition, less mature, or even newly emerging technologies are considered as important milestones of digital innovation, such as blockchain technology, augmented/virtual reality (AR/VR), and quantum computing.

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Fields of digital innovation: AI/ML - V

Posted on January 9, 2023

Machine learning (ML) and artificial intelligence (AI) technologies can be used to address many of the identified targets of digital innovation, namely improved customer experience, security, efficiency, and sustainability, by complementing human abilities in a variety of areas, such as perception and understanding, reasoning and ...

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Fields of digital innovation: the Internet of Things - IV

Posted on December 19, 2022

Better use of data, a reduction in security risks and error or failure rates, more transparent and resilient supply chains, and improved quality of products and services are among the most frequently mentioned central goals in our survey when it comes to digital innovation strategies. Improved customer experience, security, efficiency, and ...

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Fields of digital innovation: analytics & data management - III

Posted on December 16, 2022

As our survey has shown, organizations continue to invest in digital innovation to improve products and services, customer service and support, as well as organizational agility and efficiency, and supply chain transparency. As data is at the heart of any digital transformation, better use of data is the most frequently stated goal of ...

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The enabling technologies behind digital innovation - II

Posted on December 7, 2022

The role of the cloud

Organizations from all sectors are gearing up for their digital future. And they are doing so by investing massively in data-centric and eco-system-oriented platforms. And most of these developments are taking place in a public cloud. Among the surveyed organizations, no more than 25% does not yet use public cloud ...

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Goals, drivers, and obstacles of digital innovation - I

Posted on November 29, 2022

What makes decision-makers invest in transformation and innovation, even in uncertain times?

The pandemic has highlighted the growing importance of digitalization. Companies with a highly digitized business model were the winners during the crisis, whereas more traditional organizations had to react quickly and had to transform themselves ...

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Figure of the day: Cyber security expertise - CxO survey - Spain

Posted on September 24, 2021

According to PAC's CxO Investment Survey Initiatives to improve business expertise of cyber security personnel have only been implemented by 56% of the companies in Spain

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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: Local department-specific IT budget - CxO survey - Spain

Posted on June 22, 2021

According to PAC's CxO Investment Survey, only 49% of respondents in Spain say that their local department-specific IT budget has increasred in 2020 compared to 201

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Figure of the day: Economic challenges - CxO survey - Spain

Posted on May 31, 2021

According to PAC's CxO Investment Survey, 72% of respondents in Spain rate the current economic situation in the home country as the major economic challenge for their organizations.

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Figure of the day: Security as a major IT challenge - CxO survey - Spain

Posted on May 25, 2021

According to PAC´s CxO Investment Survey, 56% of respondents in Spain rate smooth and secure IT operations as a major IT challenge for their organization.

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Figure of the day: Public IaaS/ PaaS in Spain

Posted on April 7, 2021

Public IaaS/ PaaS will generate a € 1 bn market in 2021 (US$ 1.1 bn) in Spain.

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Figure of the day: Application Services in Spain

Posted on March 8, 2021

Application-related services like consulting, system integration, training and application management will generate a €4.9bn market in 2021 in Spain, building the sixth largest market in Europe.

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