18 February 2019
Retailing is still a huge business with €2.56 trillion/year, but also a huge employer at
European level (accounting for almost 9% of all jobs). But retailers are under a huge pressure from
E-commerce with Amazon (2018 net revenue USD 232.88 billion) being the most aggressive but also the most
innovative. Must we accept this situation and consider the retail market the coal-mining industry of
today? It would have an incredible social and potentially political impact on our tired European
20 October 2016
We are delighted that Vinnova hosted ITEA’s first masterclass dedicated to digital transformation in Stockholm on 19 October 2016.
The ITEA masterclasses are a new tool developed by ITEA to make a further step in the direction of market impact. We have already many ITEA projects delivering fast exploitation. We are proud of that and it generates a lot of value for our industrial partners (large companies, SMEs and start-ups) in the global market. Our community is learning a lot from these projects on hot topics like digital transformation, energy transition, software and system engineering, security, automotive standards, etc. We are willing to share these understandings outside of our community to strengthen the impact and for the interest of our Public Authorities who are investing in our projects. Thus we intend to develop these masterclasses on hot topics for which we gather the know-how acquired during our most successful projects and, with the support of our Public Authority, we will invite some companies mainly from outside of the ITEA community to take advantage of these understandings and to accelerate their own transition.
The first masterclass has been set up on digital transformation which impacts all businesses nowadays. We gathered the know-how of three successful ITEA projects: ACCELERATE, SCALARE and InValue.
17 February 2015
Do you know any traditional economic domain protected from digital transition? I am afraid none is protected. It means all our European leaders are under this pressure of digital transition. Just as an example, the automotive industry recognises nowadays how important software is to its industry; more than 40% of the added value in a car is in electronics and software. For innovation the share is even more important, with most of the innovation supported by software in a physical product like a car!
ITEA is more than keen to support this digital transition to help our industrials to manage it in a better way.
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