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.