NEW YORK, Jan. 23, 2025 /PRNewswire/ — Report with the AI impact on market trends – The IT market in Germany size is estimated to grow by USD 31.1 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 4.07%  during the forecast period. Increased adoption of it solutions among german smes is driving market growth, with a trend towards increasing adoption of big data solutions by enterprises. However, shortage of skilled it professionals  poses a challenge. Key market players include badenIT GmbH, Broadcom Inc., Capgemini Service SAS, Cisco Systems Inc., Dell Technologies Inc., Fortinet Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., HUNARI Arik and Hunneck GbR, Infosys Ltd., International Business Machines Corp., Juniper Networks Inc., Lenovo Group Ltd., nextevolution GmbH, Oracle Corp., Siemens AG, Tata Consultancy Services Ltd., Toshiba Corp., and VACE Systemtechnik GmbH.

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In today’s business landscape, the utilization of accurate and timely business data is essential for German enterprises to reach their objectives and mitigate risks. While the Internet, retail, and advertising industries were early adopters of Big Data solutions in Germany, their application has since expanded to various end-user sectors, including manufacturing, healthcare, utilities, and transportation. Insights derived from Big Data solutions play a crucial role in enabling German enterprises to introduce new products and services to the market. Export-oriented German firms are expanding their operations overseas by optimizing production, logistics, and sales processes through Big Data tools. Some applications of Big Data solutions in Germany include: Mercedes-Benz, a division of Daimler, employs SAP HANA in its engine testing department to process and visualize vast amounts of data in seconds. This allows for the detection of minor deviations and immediate corrective actions, enhancing the efficiency of the test system. Beiersdorf, a consumer goods manufacturer, has developed a product demand management platform that utilizes SAP HANA for data aggregation. This platform offers analytics on product performance and identifies the primary causes of market share fluctuations for their brands versus competitors, empowering informed decision-making. The German government is promoting a Big Data ecosystem by investing in research projects, such as the smart data innovation lab, the German research center for AI, and the Berlin Big Data Center. This investment is expected to boost the adoption of Big Data solutions and contribute to market growth during the forecast period. 

The IT industry is thriving with trends such as Integrated Systems and Digital Factories leading the way. The National AI Strategy is a priority for Artificial Intelligence market growth, with software AI and automation transforming various sectors like hospitals, banks, shops, prisons, hotels, airports, and train stations. IT Security remains crucial as IT employees face increasing Security threats. Government support is essential for the growth of IT companies in the ICT market, including IT-Services, IT-Hardware, and Software subsector. Digital Agenda priorities include Cybersecurity, E-privacy Regulation, and the Internet of Things. Big Data and Health IT are driving Data Analytics, while Cloud computing services are essential for Internet access and penetration. ERP and Data centers are key IT infrastructure components. Skilled IT workforce is in high demand, and IT consultation services offer valuable expertise. IT hardware and hardware systems continue to innovate, shaping the future of the industry. 

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•         German enterprises are experiencing a significant challenge in recruiting and retaining skilled IT professionals due to a shortage of qualified candidates. The recruitment process is predominantly digital, with job vacancies being published on company websites and career portals. However, the lack of professionals with the necessary qualifications, experience, and skillsets in areas such as cloud, AI, Big Data, and IoT has led to over 1.3 million IT-related vacancies remaining unfilled for nearly five months in 2020. This shortage can negatively impact the digital transformation initiatives of German enterprises, potentially hindering their ability to meet client demands and adversely affecting the IT market during the forecast period. The German government is addressing this issue by simplifying immigration laws to attract foreign professionals to fill these vacancies.

•         The IT industry faces several challenges in today’s business landscape. Integrated systems require seamless compatibility among various hardware and software components. The Digital Factory revolution demands advanced automation and AI software in manufacturing. National AI Strategies call for investment in AI technologies and skilled IT workforce. IT Security remains a top concern with increasing cyber threats. The AI market grows, bringing opportunities for software AI and data analytics. Hospitals, banks, shops, prisons, hotels, airports, and train stations require IT solutions for efficient operations. Government support is crucial for IT companies in the ICT market. Computers and internet access are essential, with internet penetration driving demand for Cloud computing services. The IT industry must address the challenges of database management, libraries, and IT employees’ training. Security threats necessitate IT consultation services and IT hardware upgrades. ERP systems and data centers require robust cybersecurity and e-privacy regulations. The Internet of Things and Big Data bring new opportunities in Health IT and Cloud computing. In conclusion, the IT industry must adapt to these challenges to remain competitive. Investments in AI, automation, cybersecurity, and skilled workforce are key to success. The Digital Agenda and E-privacy Regulation will shape the future of IT-Services, IT-Hardware, and the Software subsector.

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This IT market in Germany report extensively covers market segmentation by  

End-user 1.1 Manufacturing1.2 Government1.3 BFSI1.4 ICT1.5 OthersApplication 2.1 Large enterprise2.2 SMEsGeography 3.1 Europe

1.1 Manufacturing-  The German manufacturing sector, home to global leaders in automotive and engineering, is undergoing a digital transformation. IT is playing a pivotal role in converting traditional factories into smart digital ones, with automated procurement, manufacturing, and distribution processes. Industry 4.0 technologies like Big Data, analytics, AI, IoT, and cybersecurity are being deployed to optimize production and enhance flexibility and quality. In 2021, Industry 5.0 emerged, focusing on human-machine collaboration. Manufacturers are utilizing Big Data and analytics for data management from production equipment, enterprise systems, and customer management. Cloud-based software is being adopted for enterprise applications and Big Data analytics, reducing data processing time and enabling a data-driven production environment. Autonomous robots are being integrated for utility purposes, improving cost efficiency. Manufacturing intelligence allows for close speculation on mechanical and procedural challenges, driving IT market growth in Germany.

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The ICT market is a dynamic and ever-evolving industry, encompassing various subsectors including IT-Services, IT-Hardware, and the Software sector. The Digital Agenda drives innovation in areas like Cybersecurity, E-privacy Regulation, Internet of Things, and Artificial Intelligence (AI). Automation and Data Analytics are transforming businesses across industries, from libraries and hospitals to banks and shops. The IT industry relies on a skilled workforce to address Security threats and provide IT consultation services. Cloud computing services and the Internet are essential infrastructure, while IT employees continue to be in high demand. Database management remains a critical function for organizations, and IT hardware continues to advance with new technologies.

The ICT market is a dynamic and ever-evolving industry, encompassing various subsectors including IT-Services, IT-Hardware, and the Software sector. The Digital Agenda is a key driver, pushing for advancements in Cybersecurity, E-privacy Regulation, Internet of Things, Big Data, Health IT, Cloud computing, ERP, Data centers, Integrated systems, and Digital factory. The Artificial Intelligence market is a significant growth area, with software AI, automation, and Data Analytics leading the charge. The IT industry serves various sectors such as hospitals, banks, shops, prisons, hotels, airports, and train stations, with government support playing a crucial role. The IT industry requires a skilled workforce to address Security threats and provide IT consultation services. IT hardware, including computers and hardware systems, are essential components of the industry, enabling internet access and internet penetration for businesses and individuals alike. Cloud computing services and the Internet are fundamental to the industry’s success, with IT employees working to ensure the security and efficiency of these systems.

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userManufacturingGovernmentBFSIICTOthersApplicationLarge EnterpriseSMEsGeographyEurope

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio

HONG KONG, Jan. 23, 2025 /PRNewswire/ — Hong Kong Productivity Council (HKPC) in collaboration with the Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT), and Digital Policy Office of the HKSAR Government, successfully hosted the “HKCERT Capture the Flag Challenge 2024” (CTF Challenge) on 20-21 January. The event attracted over record-making 1,300 participants from renowned teams across the Chinese Mainland, other parts of Asia, Europe, and the United States, setting. Since 2020, HKCERT has organised the CTF Challenge for five consecutive years, expanding its scale annually and becoming one of the most influential cyber security events in Hong Kong.

Mr. Edmond LAI, Chief Digital Officer of HKPC said, “The CTF Challenge aims to provide an international platform for exchange, enhancing participants’ cyber security skills comprehensively and nurturing future cyber security talent for Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area. With the rise of emerging technologies such as AI and big data, cyber security has become a critical issue. These emerging technologies could potentially be used by hackers, making the cultivation of ‘ethical hackers’ increasingly important. We look forward to seeing more emerging cyber security stars shine on the CTF stage and become the backbone of the cyber security field, further solidifying the foundation for the city’s digital transformation.”

Mr. Daniel CHEUNG, JP, Deputy Commissioner (Digital Infrastructure), Digital Policy Office, presented the awards jointly with Mr. Lai to the winners and said, “The CTF Challenge not only recognises the participants’ remarkable achievements and talent in both offensive and defensive cyber security, but also provides a platform for collaboration, knowledge sharing and networking. The Digital Policy Office will continue to encourage the information technology sector to actively support cyber security talent development, with a view to addressing the increasingly complex cyber landscape, and collectively promoting Hong Kong’s development as an international innovation and technology hub.”

Elites Showdown to Advance Global Cyber Security Collaboration

This year, the CTF Challenge saw over 1,000 participants for the third consecutive year, with 149 overseas teams registering, including two guest teams from the Chinese Mainland and two teams known as the “United Nations Team,” competing on the same stage, further strengthening talent exchange and collaboration in cyber security. One international team is ranked among the world’s top 50, and another has claimed seven global CTF championships. The CTF Challenge has received industry acclaim for five consecutive years, with its rating on the internationally renowned CTF competition platform CTFTime steadily rising for four years, proving its increasing recognition and influence in the global CTF community.

Three local teams and one team from the Chinese Mainland won the finals, capturing gold in the secondary school, tertiary, open, and international categories. The “Best School Award” was won by Diocesan Boys’ School in Hong Kong. For the full list of winners and more information about the event and competition details, please visit the CTF Challenge 2024 website.

The international champion team, r4kapig, stated, “This competition provided us with valuable learning and practical opportunities, exposing us to many new knowledge areas and attack-defense techniques. It was our first time competing in Hong Kong, with members from Guangzhou, Shanghai, Nanjing, and Chengdu. The event adopted a hybrid model, offering an excellent exchange platform, allowing us to engage in in-depth technical exchanges and share experiences with Hong Kong and international players. In the future, we will consider pursuing careers in the cyber security industry and continue to delve into this field.”

Diverse Activities to Nurture Local Cyber Security Talent

Following the CTF Challenge, a seminar was held, inviting several cyber security experts to discuss hot topics such as how cyber defense exercises can complement traditional security testing, security risks and considerations in AI applications, and the latest trends in cyber threats. They also provided career advice for young people aspiring to enter the IT industry. The event was sponsored by Amazon Web Services (AWS) and OffSec, offering participants the chance to win online cyber security courses sponsored by OffSec, the course covers basic offensive and defensive techniques, networking, scripting, application and operating system security, and business-related skills.

Note: The CTF Challenge has four categories: secondary school, tertiary, open, and international. The top five teams in each category from the preliminary round held in November last year advanced to the finals, making a total of 20 elite teams, including 15 local secondary school, tertiary, and open teams, and five internationally renowned CTF teams from Asia, Europe, and the Americas.

About Hong Kong Computer Emergency Response Team Coordination Centre

Managed by the Hong Kong Productivity Council, the Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) is the centre for coordination of computer security incident response for local enterprises and Internet Users. Its missions are to facilitate information dissemination, provide advice on preventive measures against security threats, and promote information security awareness. 

HKCERT collaborates with local bodies to collect and disseminate information, and coordinate response actions. HKCERT is also a member of the Forum of Incident Response and Security Teams (FIRST) and the Asia Pacific Computer Emergency Response Team (APCERT). We exchange information with other CERTs and act as a point of contact for cross-border security incidents. 

For more information, please visit HKCERT’s website: www.hkcert.org

About Hong Kong Productivity Council

The Hong Kong Productivity Council (HKPC) is a multi-disciplinary organisation established by statute in 1967, to promote productivity excellence through relentless drive of world-class advanced technologies and innovative service offerings to support Hong Kong enterprises. As a nationwide leader in innovative, market-driven research and development (R&D) internationally, specialising in leading technologies and all-rounded manufacturing services, HKPC promotes new industrialisation in Hong Kong and the Greater Bay Area and facilitates the development of new productive forces, leveraging innovation and technology (I&T), as well as bolstering Hong Kong to be an international innovation and technology centre and a smart city. The Council offers comprehensive innovative solutions for Hong Kong industries and enterprises, enabling them to achieve resources and productivity utilisation, effectiveness and cost reduction, and enhance competitiveness in both local and overseas marketplace. The Council partners and collaborates with local industries and enterprises and world-class R&D institutes to develop applied technology solutions for value creation. It also benefits a variety of sectors through product innovation, technology transfer, and commercialisation, bringing enormous business opportunities ahead. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades.

In addition, HKPC offers SMEs and startups immediate and timely assistance in coping with the ever-changing business environment, and strengthens talent nurturing and Hong Kong’s competitiveness with FutureSkills training for enterprises and academia to enhance digital capabilities and STEM competencies.

For more information, please visit HKPC’s website: www.hkpc.org/en.

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SOURCE Hong Kong Productivity Council

DAWOS, Switzerland, Jan. 23, 2025 /PRNewswire/ — The World Economic Forum Annual Meeting, also known as the Davos Conference, kicked off on January 20th in Davos, Switzerland. This year’s meeting, themed ” Collaboration for the Intelligent Age,” has attracted nearly 3,000 global leaders from over 130 countries and regions to address key global and regional challenges. Zhong Baoshen, Chairman of LONGi and Eric Luo, Vice President of LONGi, attended the conference as representatives of Chinese solar photovoltaic enterprises. They shared the latest developments and future trends of the solar energy industry with numerous political elites and business leaders.

On the afternoon of January 21st, Zhong Baoshen attended the Ideas Hub session themed “Solar: Beating All Expectations” and delivered a speech. Vice President Eric Luo shared insights from the perspective of a leading solar photovoltaic (PV) enterprise, highlighting how exponential growth in the solar PV industry has injected new momentum into achieving global climate goals.

Zhong Baoshen introduced that the photovoltaic industry has achieved remarkable development, not only experiencing exponential growth but also playing a significant role in the energy transition process. “From 1954 to 2022, it took 68 years to surpass the first terawatt, while the second terawatt was achieved in just two short years. This highlights the rapid development of the solar industry in recent years. The International Energy Agency (IEA) forecasts that by 2030, the global installed capacity of solar PV is expected to exceed 4,000 gigawatts (GW). However, I personally believe it will surpass 5,000 GW.”

Nowadays, the cost of solar PV systems has dropped to approximately 1/820 of what it was in 1975. Eric Luo highlighted the world records set by LONGi in 2024, including a 27.30% efficiency for monocrystalline silicon solar cells and a 34.6% efficiency for crystalline silicon–perovskite tandem solar cells. He emphasized that LONGi’s relentless commitment to technological innovation has not only boosted conversion efficiency but also reduced the levelized cost of electricity (LCOE). These efforts have significantly bolstered the global push towards achieving net-zero emissions.

Zhong Baoshen pointed out that the installed capacity of solar PV will see a several-fold increase in just a few years, with its development speed far surpassing previous expectations. Solar PV is now an unstoppable force, becoming the core driving element of the global energy transition and profoundly reshaping the global energy landscape.

While achieving technological innovation, LONGi has also actively promoted innovation in intelligent manufacturing. At the 2024 Davos Conference, LONGi’s Jiaxing Base became the only “Lighthouse Factory” in the global photovoltaic industry. Eric Luo introduced that LONGi has extensively adopted new technologies such as the Industrial Internet of Things (IIoT), big data, artificial intelligence, and digital twins in the Lighthouse Factory, successfully implementing over 30 digital use cases. This has effectively propelled the photovoltaic industry’s leap from “manufacturing” to “intelligent manufacturing” and further demonstrated the huge potential of digital transformation in the field of solar photovoltaic manufacturing.

Ten years ago, the energy sector was confronted with the so-called ‘Energy Trilemma,’ which posited that environmental protection, economic viability, and energy security could not be achieved simultaneously. However, rapid technological advancements, especially significant breakthroughs in the solar photovoltaic (PV) field, have completely transformed this situation. Today, solar PV has become one of the most reliable, affordable, and sustainable base energies in the global energy system.

While meeting the world’s growing energy demands, solar PV has also created more possibilities for the widespread adoption of emerging green energies such as energy storage technologies, green hydrogen, green ammonia, and green methanol. The extensive application of solar energy has further propelled the global deep decarbonization process, making significant contributions to combating climate change and achieving global sustainable development goals. This has elevated the development of the energy sector to a new level for humanity.

Eric Luo, drawing on the current innovation trends in solar photovoltaics, believes that solar energy will become increasingly intertwined with technologies such as energy storage, transportation, architecture, and smart grids in the future. For instance, integrating solar energy with energy storage can effectively address the intermittency of photovoltaic power generation, ensuring a stable electricity supply. The fusion of solar energy and architecture has given rise to Building-Integrated Photovoltaics (BIPV), which not only meets the energy needs of buildings but also feeds surplus power back into the grid, enabling more efficient energy utilization.

“Through continuous innovation in the integration of these technologies, we can attract more industries to collectively drive the global energy system towards a more intelligent and sustainable future. Solar photovoltaics will pave the way for a cleaner, more efficient, and more reliable energy future for humanity.” Said by Eric Luo.

It is the collective efforts of the global industry that have driven a holistic transformation in the solar photovoltaic sector, spanning application scenarios, technological innovation, cost-effectiveness, and intelligent manufacturing.

“The future of solar energy will not only exceed expectations but also become a key force for the harmonious development of the global economy and environment. Let us work together to contribute more possibilities to the realization of the global net-zero goal.” Zhong Baoshen concluded.

About LONGi

Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.

Under its mission of ‘making the best of solar energy to build a green world’, LONGi has dedicated itself to technology innovation and established several business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com

SOURCE LONGi Green Energy Technology Co., Ltd.