A gathering force

Not only is technology a major industry in its own right, but it also enables and affects every other industry throughout Europe. A prime concern for technology companies is that the changes are so frequent and so substantial it is a tough task to stay ahead of the curve and gain a competitive edge. To do this will require ongoing upskilling of employees and an eye to the future as much as the present.

Sector at a glance

  • 2% - The EU average gross domestic expenditure on technology R&D
  • 403 million - EU citizens who have access to the Internet, out of a total of almost 508 million
  • €2.4 billion - Money allocated to the European Institute of Innovation & Technology for education and outreach