How Many Croatian Companies Are Working on Digital Transformation?

Lauren Simmonds

Just how many Croatian companies are seriously working on the deeply desired digital transformation that Croatia so desperately needs? Not that many, at least for now…

As Bernard Ivezic/Poslovni Dnevnik writes on the 27th of March, 2019, in the Republic of Croatia, fifteen to twenty percent of Croatian companies are seriously working on the much talked about digital transformation, stated regional director Marin Tadić at the opening of Oracle Technology Day, the annual conference of the IT company which bears the same name.

He added that Oracle estimates that global spending on digital transformation will grow by fifteen percent.

“By the year 2021, in Europe, the Middle East and Africa, there will be an investment of 421 billion dollars in the digital transformation of the public and private sectors, and this is a great opportunity for growth,” stated Tadić.

The dominant carrier of [digital] transformation will be the cloud. It will, as he emphasised, deliver on all the technologies we’re talking about today such as artificial intelligence, blockchain, the internet, and vocal/speech and other types of technologies.

He added that Oracle already offers its own solutions in the cloud. In addition to that are the use of artificial intelligence and blockchain, for which there’s a potential seen in data forensics, securities and even in green energy. By 2025, he expects all applications to be autonomous and enriched with artificial intelligence. He also argued that the emergence of new telecom solutions makes it all the more profitable, while a revolution is expected in the use of voice technologies.

“In Croatia, the work of computers turning speech into text is already working well, and its only a matter of time for when translation from text to speech happens, and then we’ll see the evolution of omnichannel,” concluded Tadić.

Make sure to follow our dedicated business page to learn more about Croatia’s digital transformation and much more.


Click here for the original article by Bernard Ivezic for Poslovni Dnevnik


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