2020 In Review

From A Software Development Company From Cluj-Napoca, Romania

IT As Cluj-Napoca’s Innovation Booster: January – February 2020

2020 was a wild ride for everyone and the software development sector from Cluj-Napoca, Romania felt it too. SOFTECH, the 22 years software development company from Cluj-Napoca brings you a particular perspective on the struggles and benefits of 2020. Yes, we counted both positives and negatives in this year marked by the covid19 – coronavirus crash.

The major positive of 2020 was that technology advancements happened at an incredible speed and the global Big Tech dominance had a positive impact on Romanian IT services providers.

With a strong inventory of successful IT companies, Cluj-Napoca entered 2020 with a rough number of ~800 software development companies.

By the end of February 2020, SOFTECH is announced as the only technology company from Cluj-Napoca, Transylvania to be listed in Europe’s fastest-growing companies – FT 1000 with a CAGR of 44.1% and an Absolute Growth Rate of 199.1 % between 2015 and 2018.

In March 2020, Mariya Gabriel, EU Commissioner for Innovation, Research, Culture, Education and Emil Boc open the high level StartupCity  Conference, organized by Cluj-Napoca City Hall together with Transylvania IT Cluster.

If you are interested in reading the full review developed by SOFTECH, check out their official website HERE and get all their official and well researched data.