Business Beyond Borders (BBB) is getting ready for another trip across the globe. This time, it will bring its tailor-made B2B (Business to Business), B2C (Business to Cluster), and C2C (Cluster to Cluster) matchmaking sessions to Sydney, Australia. On 15 – 17 May, during CeBIT Australia, all interested EU and international SMEs operating in the Information and Communication Technology (ICT) and Digital services sector are invited to take part and foster new business partnerships.
As usual, in preparation for the upcoming event, we have compiled a list of five things you need to know about the EU ICT sector:
The EU ICT sector surpassed 500 million euros total added-value 
In 2014, the EU ICT sector reached a total added-value of 573,617 million euros – a value three times higher than the one registered in 1995.
The sector directly employs almost 6 million people 
According to the latest data, the EU ICT sector employs more than 5.6 million people directly (a number 1.5 times higher than in 1995). This adds up to 2.5% of total employment in the EU. Furthermore, computer-related activities represent over 65% of the total ICT employment in the EU, followed by telecommunications.
Germany, UK, France, Italy and Spain are biggest contributors to the sector’s total added-value 
The five largest economies in the EU represented 68% of total added value to the sector in 2014.
Investments into the R&D in the EU ICT sector reached 30 billion euros 
The Business Enterprise R&D expenditure (BERD) in the EU ICT sector amounted to 30 billion euros in 2014, with the majority of investments focussing on the ICT manufacturing (38%) and services (62%) sub-sectors. In addition, R&D public expenditure in the EU ICT sector reached 6.3 billion euros in 2015.
Around 680,000 enterprises operate in the EU ICT sector 
These enterprises mostly operate in the manufacturing and services sub-sectors of the EU ICT industry.
Don’t forget to register for the next Business Beyond Borders matchmaking event for SMEs and Clusters at CeBIT Australia 2018: http://www.cebit.com.au/exhibition-only-registration
|||M. Mas, J. Fernández de Guevara, J. Robledo and M. López-Cobo, “The 2017 PREDICT Key Facts Report. An Analysis of ICT R&D in the EU and Beyond,” Publications Office of the European Union, 2017.|
|||European Commission, “The EU ICT Sector and Its R&D Performance,” 2017. [Online]. Available: https://ec.europa.eu/digital-single-market/en/research-development-scoreboard.|
|||DIGITALEUROPE, ““A TRANSFORMATIONAL AGENDA FOR THE DIGITAL AGE” DIGITALEUROPE’s Vision 2020,” [Online]. Available: http://www.digitaleurope.org/DesktopModules/Bring2mind/DMX/Download.aspx?Command=Core_Download&entryID=157&language=en-US&PortalId=0&TabId=353.|