Author name: Magdalena Libiszewska

ABSL Summit

When and where? September 6-8, Krakow

Since 2010, the ABSL Summit has been one of the leading business events in the CEE region, a key meeting of business services in Europe, and a unique platform for discussions, analyses and predictions about trends and their impact, among top-tier business leaders, politicians, and economists. The overall objective of the ABSL Summit is to define future growth opportunities and risks as we build a globally competitive business as well as investment ecosystems in local communities across Poland, CEE and broader Europe.

Three thematic streams, which this year focus on the resilience of business and its ability to forge a path in an uncertain environment, the adaptability that keeps our region a leader in the business services sector, and a track dedicated to the growth that comes from the ability to implement unexpected change will be discuss during the event.

Among the special guests: Anders Fogh Rasmussen (former Secretary General of NATO), Mark Brzezinski (The Ambassador of the United States to Poland), Anne Applebaum (Pulitzer Prize winning Historian, Journalist and Commentator) and Urszula Dudziak (Famous Polish Jazz Vocalist).

More information: https://abslsummit.com/

SoDA Conference

When and where? October 4-5, Warsaw

Two days of meetings for executives and managers from the IT industry in Poland, presentations and panel discussions, speeches by special guests, the third edition of the award given to industry leaders and much, much more during SoDA Conference 2023 organized by SoDA – Software Development Association Poland.

This year the conference is held under the theme „Shaping the future. Polish IT in the Age of Change”, and the agenda will not lack an overview of current trends and guests who will try to answer the questions: What shapes the future of the IT industry? How to find your way in times of crises and uncertainty? How to look for a niche to put AI into practice? What are the new professions in IT? What to keep in mind when going out to the German and Nordic markets?

Experts from the fields of new technologies, AI, investment, management, sales, law or employer branding will appear on the SoDA Conference stage.

More information: https://conference.sodapl.com/

Money 20/20 USA

When and where? October 22-25, Las Vegas

Money20/20 USA is the world’s biggest, most influential gathering of the global money ecosystem. From in-depth analytics to inspirational speakers, leaders walk away with business-critical insights and new connections that helps them stay ahead – powering strategies, relationships, and innovation.

Money20/20 promises the clearest and most distinctive focus on what’s next across the world of money including banks, payments, tech, startups, retail, fintech, financial services, policy, and more.

More than 11,500 industry leaders from 3,000 companies, as many as 7 in 10 of whom are decision-makers, will meet in Las Vegas, organizers say. They will hear from more than 250 speakers on seven stages. Invited speakers include: Stephanie Ferris (Chief Executive Officer & President of FIS), Michael J. Hsu (Acting Comptroller of the Currency OCC), Jelena McWilliams (Managing Partner of Cravath, Swaine & Moore LLP), Hester Peirce (SEC Commissioner), Zach Perret (CEO of PLAID), Randal Quarles (Executive Chairman of The Cynosure Group), Raja Rajamannar (Chief Marketing & Communications Officer of Mastercard), Anand Selvakesari (COO of CitiGroup) and many more.

For more information: https://us.money2020.com/

We would be happy to shake your hand and have coffee together. If you would like to schedule a meeting with our representatives right now – send an email to marketing@rits.center.

In this recording, our experts Claire Trinh (Director of International Business) and Orji Obumneme (International Lead Generation Specialist) focus on the USA market and share their insights on it and stories of working with clients.

– If you want to diversify your workforce or spread your workforce across different time zones, outsourcing can help. Many of my clients in the United States take full advantage of outsourcing talented programmers, the cost of which is 20-30% less than hiring them locally. In a perspective of several years, these are huge savings – says Claire Trinh, Director of International Business RITS Professional Services.

You will also learn from the recording:

• What are the key challenges or obstacles related to outsourcing in the USA
• How does RITS Professional Services align with existing regulations or policies regarding compliance and data in the USA?
• What country do the developers come from and why that country?
• Are there any specific skills or qualifications that are highly valued in the field and how RITS Professional Services have been able to assist organization?

Want to learn more? Go to video: https://rits.center/webinar-the-fundamental-power-of-it-outsourcing-in-the-usa/

The latest edition of the Computerworld TOP200 report analyzes the development indicators of the Polish ICT industry in 2022. The full report contains more than 60 rankings, including „Largest IT companies in Poland,” which includes 343 entities with revenues of at least PLN 1 million from the sales of IT solutions and services. RITS Professional Services once again submitted to the survey and was ranked sixth in terms in year-to-year revenue dynamics among companies declaring 100% of revenues from sales of IT Services.

According to the report’s authors, the IT industry has traditionally been able to cope with difficult and unpredictable external conditions – in 2022, it grew by 13% to more than PLN 100 billion. While the numbers are good, ICT representatives’ reserves of optimism are shrinking and organizations are expecting a rather modest year. The macroeconomic situation, high inflation and general geopolitical uncertainty have caused such mood of the ICT industry.

Who makes the biggest IT purchases?

Technology solutions have propelled the commercial sector to such an extent that it has dethroned banking. Revenues from the sales of solutions for the sector rose by as much as 29% to PLN 4,009,228,000. Banking is investing more conservatively – its spendings on IT last year increased by 4%, to PLN 3,991,335,000. The top three is closed by public administration, with a 16% increase in purchases.

It is also worth noting the largest year-on-year percentage jumps in spending by the other sectors – as much as 83% growth was recorded by the media industry, 46% by the logistics industry and 33% by IT companies, which at the same time maintained their position just behind the podium in terms of revenue generated by ICT.

What ICT forecasts for 2023?

According to 30% of respondents – the economy this year will be worse, and according to 44% it will remain the same as last year. Only a quarter expects an improvement this year, which is a significant change from the opinion in 2022. At that time, 60% of respondents expected further growth. Nevertheless, companies are optimistic about their future, and this is related to the increase in the value of orders, which is expected by 54% of survey participants. Export results are also positive, with the top 100 largest ICT companies in Poland increasing by as much as 20%, to PLN 9,792,608 thousand. The potential for foreign sales is also seen and enjoyed by RITS Professional Services.

– RITS Professional Services in 2022 and 2023 is focused on building a global value proposition approach towards enterprise clients across the world with focus on the US Market and Western Europe, where 95% of our revenue is. We will expand the growth of specialized IT domain services across specific verticals and technologies as well as our capacity in IT Managed Services. We will grow with similar pace in 2023 and invite existing and new customers for more co-operation in the IT challenges they will face in the coming months. We will also announce some interesting IT partnerships towards the end of 2023, so stay tuned for more – says Łukasz Kośnik, CEO RITS Professional Services.

58% of the survey participants believe that the pace of digitization in organizations will decrease, while one-third expects it to increase. Despite this, as the authors of the study note when referring to the overall statistics of digitization of enterprises, it is still impressive. According to Statistics Poland, by 2022, more than two-thirds of companies have already provided employees with remote access to company resources (mainly to company email, documents and applications).

Although the macroeconomic situation and the war in Ukraine have had a huge impact on the economy, despite this, half of the respondents of the current issue of TOP 200 believe that their organizations have not been greatly affected. One-fifth reduced investments because of this and adjusted plans to the uncertain market situation, whereas for 16% – the situation involved a change in their entire operating strategy.

Unchanging shortage of specialists

Talent shortage continues to be one of the biggest challenges faced by IT departments. According to a survey of representatives of companies present in this year’s TOP 200, developers (60% of indications) and security specialists (20% of indications) are the hardest to find – which is directly related to companies’ growing concern about cyber security. Companies are looking for security strategies, the right technologies and employees who can provide them. It is worth mentioning at this point that companies’ revenues from the sales of security solutions, according to the report, grew by 6% year-on-year and totaled PLN 2,063,253,000, which is statistically PLN 42 million per company.

Regardless of the macroeconomic and geopolitical difficulties– the ICT industry is growing steadily, as the survey results indicate. The reason is obvious: IT has become an indispensable ingredient for the development of any business and in difficult times – one of the factors that allows companies to survive.

About the research

The data for TOP200 is collected via an online survey, filled out by representatives of IT, telecom and carrier companies, based on estimations by the editors and analytical data from the IDC center, a sister company of IDG Poland, the publisher of the report. 

More about: https://www.computerworld.pl/news/Spacer-po-grani,445918.html