With the quick development of technology, the quantification and monitoring of information has become an essential practice, which supports the in-depth understanding of various social or economic phenomena. This reality has made datafication – the process by which various aspects of life or business are transformed into measurable data that is easy to track and analyze – to have a global market value of 310.19 billion USD in 2022. Its expansion is remarkable, forecasting to reach approximately $1,013.57 billion by 2032, according to Precedence Research.
But how should this rise in datafication be perceived when it comes to impact? What kind of changes will it produce and what opportunities will it create in 2024?
VON Tech, an IT partner for companies from the US and Central Eastern Europe, with more than 10 years of experience, cuts to the chase and gives you all the answers you were looking for in this article.
The data revolution, more noticeable than ever
Interconnectivity is one of the factors generating impressive amounts of data, with significant effects felt both when it comes to personal life and the business environment. It provides increased control over smart electronic devices, recording user preferences or habits. But the evolution of these IoT (Internet of Things) ecosystems has seen completely different perspectives with the integration of artificial intelligence. How so?
Because the data provided is now more easily examined, the current systems benefiting from more autonomy in interpretation and having the ability to make better decisions based on the information received. As a result, AIoT (Artificial Intelligence of Things) has seen an increased popularity, easily making its way into the lives of tech enthusiasts and beyond.
Key opportunities this year
Although datafication was not born overnight, its recent scale has revealed some key opportunities. Specifically, as it plays an essential role in many industries and the amount of data is constantly increasing, its processing systems (whether we mean Edge Computing, Cloud Computing or others like that) will be stimulated to improve their response speed and turn to intelligent algorithms, to manipulate and analyze data in a shorter time.
Of course, the security and data protection segment will also constantly develop. According to a Morning Consult survey, a significant proportion of 80% express concern about privacy security, and 69% note an increasing unease regarding this matter. As such, options like data encryption, access monitoring or proactive threat analysis will receive more and more attention.
But all this reflects a high demand on the market for some IT jobs. Among them are data engineer – the one responsible for building data collection and conversion system, data analyst – the one who interprets data sets in order to solve a problem, data security specialist – the one who implements encryption measures and manages cyber threats, or machine learning engineer – the one who designs and optimizes machine learning algorithms, in order to develop predictive solutions.
Datafication is redefining businesses
The impact of datafication on today’s businesses cannot be neglected. From the objective evaluation of performances, to facilitated decision-making processes and even the reduction of spent budgets, all are on the long list of advantages.
If you need specialists to help you with data collection and processing, you can find them with the help of experienced IT recruitment companies. VON Tech provides hardware design and verification, as well as embedded software development, implementation and application testing services, in the US, Germany, SEE (3 locations in Romania) and UAE. It can also give your business the most agile, cost-effective and top-quality services on the market.
Send a message to office@vontech.online and discover which solutions best suit your business and its needs!
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Nowadays, the use of devices connected to the Internet is simply a necessity. Whether we’re talking about phones, watches, appliances or even smart cars, they’ve all changed the rules of the game when it comes to what we call “routine”. This technological evolution has effects not only on personal life, but also on some markets and business segments.
For example, the network analyzers market size is estimated to grow to USD 672.30 million by 2028. It means growing at a CAGR of 4.50% during the forecast period (2023-2028). But how does the situation foreshadow Europe? What will be the general market trends?
Increasing demand for 4G and 5G in Europe
The 4G technology provides connectivity to most electronic devices in the world. But 5G technology, implemented since 2019, has also gained popularity. According to Ericsson, the number of 5G mobile subscriptions in Western Europe and Central & Eastern Europe is forecast to exceed 289 million and 155 million, respectively, by 2025.
But what are the reasons for this increase?
First of all, it is the amazing speed offered by 5G. Its architecture allows a large number of devices (even billions). The outcome? The well-known Internet of Things (IoT). More than that, it also reduces the lag – the extended time of data transmission from one user to another. So, it is not surprising that growing demand for sophisticated technological enhancements significantly influences the network analyzer market across Europe.
IoT smart buildings, 30 times more by 2025
Remote control and monitoring of buildings is another current trend. But this is not surprising, especially if we take into account the fact that it supports the reduction of expenses, while providing increased efficiency and productivity. Heating sensors, voice-activated systems or equipment that can be controlled via online applications are just some of the opportunities of the moment.
And according to the European Telecommunications Network Operators (ENTO), the number of IoT smart buildings’ active connections in the European Union (EU) was 5.08 million connections in 2016, and it is expected to reach 154.06 million contacts by 2025.
Why trained and skilled manpower is essential
A study published in 2023 by Coherent Market Insights pointed out that the lack of trained and skilled workforce is expected to obstruct the growth of the global network analyzer market during the forecast period. Therefore, the role of companies specialized in offering software testing services, but also in outsourcing, acquires increased importance in this niche.
VON Tech is a +20 years experienced company. It delivers hardware design and verification, as well as embedded software development services, application implementation and testing in telecommunications. Understanding and experience in both digital and analog circuit design and signal conditioning are the elements that confer a unique expertise, and which also guarantee the desired results. VON Tech clients are mainly active in networking and semiconductors industries and all are top tier in their fields.
Send a message to office@vontech.online and discover which solutions best suit your business and its needs!
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From automating repetitive tasks to analyzing data for informed decision making, from gaining relevant insights about target audience to strengthening customer relationships through digital platforms, technology is vital in today’s business.
And this fact is reflected by the numbers: according to a Eurostat report, in 2022, more than 9 million persons worked as information and communications technology (ICT) specialists across the European Union. The highest number (2.1 million) worked in Germany, which provided work to more than one-fifth (22.6%) of the EU’s tech labor workforce.
Judging by the size of the market, one would think that demand meets supply everywhere, right? The truth is that most of the time all that glitters is not gold. And when we say that, we mean that in Slovenia (78.0%), Czechia (77.0%) and Germany (76.6%) more than 3 out to 4 enterprises that recruited or tried to recruit tech specialists in 2021, reported difficulties in filling those vacancies (according to the same previously cited source). But how did it get here? VON Tech specialists, a company with more than 10 years experience in helping IT businesses grow, have analyzed the situation and come up with an answer in this article.
Hiring IT specialists, a more complicated process than it seems
The process of hiring tech specialists requires a lot of patience and attention. The criteria that candidates must respect are not few, but the same is true when it comes to the recruiter. In other words, the ideal candidate may be right in front of you, but if you don’t have the knowledge to properly assess their skills, the recruitment process has already been altered. And unfortunately, that’s a problem companies often face.
Added to all this is the IT skills gap. When proximity plays an important role in the hiring process, you come down to a certain number of candidates. What does this mean? There is a chance that their abilities are not that advanced, especially if we also take into account the speed with which the technology evolves and the requirements in this segment.
With these reasons in mind, it’s understandable why in 2021, according to Eurostat, in 72.5% of EU enterprises external suppliers performed the ICT functions. In all but one EU member state the majority of enterprises outsourced their tech functions, with the highest shares in Belgium (82.8%), Denmark (81.7%) and Malta (81.1%).
Outsourcing, an alternative to consider
Outsourcing is, without a doubt, one way you can reduce the risks when it comes to hiring IT staff. You have access to specialists located anywhere in the world, to a team that helps you correctly evaluate the employee’s performance and easily complete the bureaucratic aspects, and in addition, you also optimize the company’s costs.
Moreover, you also make better use of the time resources and significantly shorten the entire recruitment process, which means that you can focus on managerial duties and adapt your business strategy to the latest market trends, instead of supervising and coordinating these HR decisions.
Given the situation, it is not surprising that the share of enterprises outsourcing their ICT functions reached 83.1% among large enterprises, and 70.9% for small enterprises in 2021 (according to Eurostat).
Make the right choice for your business
You don’t have to struggle alone to find the IT staff you need! You can turn to companies specialized in outsourcing, which will take this responsibility off your shoulders.
VON Tech is a +10 years experienced company that provides hardware design and verification, as well as embedded software development, implementation and application testing services, in the US, Germany, SEE (3 locations in Romania) and UAE. It can also give your business the most agile, cost-effective and top-quality services on the market.
Send a message to office@vontech.online and discover which solutions best suit your business and its needs!
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Without a doubt, technology evolves from day to day, not to mention the ever invoked rise of artificial intelligence. Leaving all this aside, developers nevertheless have to keep up with changes and update their skills, especially where programming languages are concerned.
Early bird catches the worm, as the saying goes, so learning which programming languages will be most sought after in 2024 will give you a head start and a big leverage.
That’s why we relied on the experts from VON Tech, a company with more than 10 years experience in helping IT businesses grow, to analyze the trends for the coming year and create a useful list for you.
Python, for scripting, automation and data analysis
This information may not be so surprising, especially considering that Python has been among the most popular programming languages for many years. It has a simple syntax, which makes it easy to understand and learn, but other features make it so desirable.
It is useful for both artificial intelligence and machine learning, as it has an ecosystem of libraries and frameworks. In addition, it also has the ability to handle large data sets. Summarizing, all these aspects make Python successful in scripting, automation or data analysis.
Java, for IoT frameworks and mobile development
Java is a highly sought-after programming language, especially because it is stable, scalable, and versatile. It is used in cloud computing, an essential function for company development, IT segment innovation, but also for mobile development.
Moreover, Java is useful for IoT (Internet of Things) development – the network of objects formed by connecting different devices, services and automated systems to each other via Internet.
JavaScript facilitates the creation of web applications
JavaScript is highly desired when it comes to web development: it is used both for building websites, but also for accessing embedded objects in other applications.
This programming language is constantly evolving to facilitate the creation of complex web applications. Thanks to frameworks like React Native and Ionic, JavaScript can also be used in mobile development.
C/C++ give control over memory and system resources
Although the C programming language appeared 45 years ago, this and the C++ version are a must even today.
C is a procedural programming language, very effective in writing operating systems, but also in building embedded systems. On the other hand, C++ is object-oriented, high performance, so developers have control over memory and system resources. It is often used in graphics applications and especially game development for consoles, PC or phones.
Swift, the “new” alternative for iOS ML and server-side development
Swift is a “young” programming language, launched in 2014 by Apple, used to write iOS, macOS, watchOS, and tvOS software. However, despite the novelty element, it managed to gain ground and enjoy popularity.
It began to be used more and more for the development of mobile applications and machine learning systems for iOS. Of course, it is also a good option for server-side development.
Don’t be afraid to outsource
Sometimes it can be complicated to find people with all the programming skills that would be useful for your business. Not to mention that even if you find them, the hiring and training process can be quite lengthy.
VON Tech leverages outsourcing and turns it into the most efficient solution. The +10 years experienced company provides hardware design and verification, as well as embedded software development, implementation and application testing services, in the US, Germany, SEE (3 locations in Romania) and UAE.
In other words, you get access to talented and competent employees easily, you optimize your financial and time resources, and you also get the best recommendations for your needs! Send a message to office@vontech.online and let’s get in touch to see what your needs are and how we might help.
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The concept of nearshoring is increasingly popular in Germany, especially when it comes to IT. What does this entail? Briefly, it represents the outsourcing of some company operations to trained personnel, often located in neighboring countries. In 2019, according to the CBI, 77% of German enterprises nearshored their software development in Europe, while only 23% offshored it to countries based on other continents.
However, in such a dynamic market, this fact is not surprising. VON Tech, a company with experience in recruitment and outsourcing for over 15 years, operating in the US, Germany, SEE (3 locations in Romania) and UAE, brings to attention the reasons why nearshoring has become so widely used.
It positively impacts the business strategy
The strategic side is essential for any business, since the speed of development and profitability depend on it. The business strategy can be supported in a surprising way: through qualified and talented people in the IT field who live across borders.
It is important to know that revenues from the German IT industry have grown steadily over the last decade, reaching 113 billion euros in 2022. For 2023, a total of 120.2 billion euros is estimated. On the other hand, it is also worth remembering that there is a labor shortage in Germany. Last year, an all-time high was reached, with a shortfall of 320,600 STEM (science, technology, engineering and math) workers.
Given the context, outsourcing tasks to people with rich knowledge is a considerable competitive advantage that more and more companies are turning to.
It helps when it comes to cost optimization
Nearshoring not only facilitates access to skilled personnel, but also leads to a company’s cost efficiency, characterized by increased budget control and flexibility.
According to information provided by Glassdoor in June 2023, the average salary of IT specialists in Germany reaches approximately 61,000 euros annually. This amount is much higher compared to the average salary in Poland (which is close to 23,000 euros annually, according to the Economic Research Institute) or the Czech Republic (which is just over 26,000 euros, according to the Economic Research Institute).
It enhances team efficiency
When you outsource certain complex tasks and you focus on the company’s strengths by leveraging them, the results are not long in coming. In other words, by using nearshoring you allow team members to focus on the tasks they are good at, without any additional stress.
And to forestall concerns about cultural differences that may affect the smooth running of business, we emphasize that proximity plays a key role. This type of collaboration often takes place between neighboring countries with no (big) time zone difference and similar cultural traits.
VON Tech IT outsourcing, a valuable alternative
To enjoy all these advantages, you need to get in touch with professionals in the field. VON Tech has a vast experience in helping IT businesses grow! Among the main guiding principles of the company are flexibility, cost efficiency and quality consultants.
The technical consultancy division delivers hardware design and verification, as well as embedded software development services, application implementation and testing in telecommunications. VON Tech clients are mainly active in networking and semiconductors industries and all are top tier in their fields.
The company provides technical specialists, who can work either from the client’s offices or from their personal office. VON Tech comes with the most suitable recommendations so that the client’s needs and wishes are satisfied in an efficient manner, optimizing the necessary costs and time.