While the need for Greece’s digital transformation and companies’ investments in technology have led to an explosion in demand for IT executives, the country does not employ enough workers in this sector
While Greece has picked up speed in terms of innovation and strengthening the technology sector, businesses, especially small and medium-sized ones, still have a long way to go to boost their performance in this field, which is an obstacle for their further development.
Mature Greek startups have taken on the role of buyer or investor in order to either enter new markets, strengthen their team (acqui-hiring) or add new technologies – a trend that has only recently expanded.
The lack of previous experience, the competition and the skills (soft and hard ones) that companies look for are the biggest concerns of the new generation, which is trying to combine the passion for what they study with the needs as well as the high labor market requirements.
The smart agriculture “radar” of Volos-based Greek startup Augmenta is expected to travel around the world, following its acquisition by New York-listed CNH Industrial, the second largest tractor manufacturer in the world with a capitalization of around $20 billion.
Greek flexible leasing startup Instacar has raised 55 million euros after speeding up its expansion into new markets and progressing its evolution into an application to supply all services related to car, from renting to servicing, changing tires, washing or even parking.