Recent technological trends in Germany showcase a multifaceted landscape characterised by a robust shift towards digital transformation, while simultaneously addressing challenges in digital infrastructure and global competitiveness. The German technology sector has experienced substantial growth, with sales revenues in the technology industry growing by over 20 percent up to 280 billion euros this year. This growth is particularly notable in the software and services segments, contrasting with stagnation in the hardware segment. This shift indicates a structural change in the German technology sector, moving away from a traditional focus on hardware to new growth fields in software and services, benefitting from the increasing digitalisation in various areas.
Additionally, Germany’s focus on IoT and 5G technology is significant, with projections indicating up to 750 million IoT endpoints will be operational by the end of this year. IoT’s enabling role in forward-looking business models, ranging from autonomous driving to telemedicine and Industry 4.0, is a critical aspect of this trend.
The European Union’s Digital Economy and Society Index ranks Germany 13th among the EU’s 27 member countries. To further improve its digital sovereignty and infrastructure, the German government has launched a ‘digital awakening’ initiative. This includes boosting investment in software development, microchips production, accelerating the rollout of fast internet connections, and addressing mobile dead zones.
This edition of CIOREVIEW EUROPE brings insights into the latest developments in German tech market and how companies align with the growing trends to improve the technological infrastructure and stay at the forefront of innovation.
It features a thought article from Cristina Duta, Director of Intelligent Automation at AECOM, who sheds light on the importance of the blending of hyperautomation, the emergence of the autonomous enterprise, and the game-changing impact of generative AI. The magazine also features an article from Alexander Klose, Executive Vice President of overseas operations and product strategy at Aiways, who informs us about the array of innovations revving up to redefine the automotive landscape, such as sodium batteries and autonomous driving.
We also bring to you the most promising German tech companies. A noteworthy story is that of KURZ Digital Solutions. This company, rooted in a century-old family-run business, combines the stability of its strong parent company with the innovative and agile spirit of a startup to turn digital ideas into high quality solutions. This edition also presents the compelling story of Tallence AG, which specialises in digital transformation, offering expertise that spans from the underlying infrastructure of telecommunications and e-mobility to visible applications in web, app, and software interfaces.
In this edition featuring the Most Promising German Tech Companies 2023, we hope you find the right partner to meet your organisation’s needs.
