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Creativity , I nnovation & Performance

Learn about Romania's thriving software and IT services industry, with a focus on creativity, innovation, and performance. Discover the country overview, competitive assessment, and the company profile of Zitec.

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Creativity , I nnovation & Performance

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  1. Creativity, Innovation & Performance Romania Country Profile Alexandru Lapusan ANIS Vicepresident International Markets http://lapusan.com

  2. About ANIS • The association of software companies in Romania (est. ‘98) • ~130 member companies, with national representation • Members’ combined revenue: +2.5 Bn EUR • Members’ combined FTEs: +32,000 • Strategic mission: grow the Romanian software industry • Strategic priorities: • Help member companies develop new business models, including developing products, spin-offs, etc. • Growing the domestic software market by promoting enhanced technology use towards SMBs • Promote Romania as a high value added software outsourcing destination

  3. Romania – Country Overview

  4. Romania – Country Overview • NATO member since 2004 • EU member since 2007 • Strategic USA partner since 2011 • Ranking in the EU: • 7th in terms of population (21.7 million, as of 2002) • 11th largest in terms of total nominal GDP • 8th largest in term of purchasing power parity • Corporate tax: 16% flat, VAT level: 19 % • Income tax exemption for programmers • R&D tax exemption for researchers • Main cities: Bucharest, Iasi, Cluj Napoca, Timisoara, Constanta, Craiova, Galati, Brasov, Ploiesti, Braila

  5. Software and IT services in Romania 2000 - 2008 – annual growth rate +20% 2009 – contraction of 12.8% Starting with 2010 – increasing growth rate of +15%, fueled by EU funds and increased exports In 2016 IT&C adds up to ~6% of GDP After 2011, more software startups appear and gain international recognition (exits to Twitter, Facebook, FitBitetc) Domestic market major buyer sectors: public sector, utilities, telecom, financial sector, education Industry clusters and major university cities: Bucharest , Cluj Napoca, Iasi, Timisoara, Craiova, Brasov

  6. Software and IT services in Romania Source: “Software and IT Services in Romania”, ANIS-PAC, May 2017

  7. Software and IT services in Romania Romania’s Competitive Assessment - HR • Largest pool of human resources in CEE: 140.000 employees in IT&C companies in 2015 (source: National Institute for Statistics) • 300.000 tertiary education graduates/ year, out of which +7.000 are pure computing graduates (source: DasCloud.ro Study) • Technical studies distribution: • Computer Science/ Automation ~30% • Mathematics/ Informatics ~29% • Engineering ~21% • Economic Studies ~9% • Other ~8%

  8. Software and IT services in Romania Source: “Software and IT Services in Romania”, ANIS-PAC, May 2017

  9. Software and IT services in Romania Source: “Software and IT Services in Romania”, ANIS-PAC, May 2017 Source of cited information: “Software and IT Services in Romania”, report published by ANIS and PAC-CXP, in May 2017 For more details and purchase of the report: www.itstudy.anis.ro For the Shared Services Europe 10% discount, use the code: SSE10SITS

  10. Zitec.com Company Overview Alexandru Lăpușan – CEO & Founding Partner

  11. End-to-End Innovative Digital Services • Cloud computing optimization, migration, maintenance& monitoring • Business Analysis & Product Management • Software Development & Quality Assurance various languages and platforms (web, mobile), automation focus on open-source solutions & platforms expertise in fintech, travel, e-commerce & business tools • Graphic Design graphic design, branding, UX • Digital Marketing market research, strategy, PPC, email, remarketing

  12. Zitec At a Glance • Team: 150 FTEs based in Bucharest & Brasov 4.25% employee turnover rate YTD $2M investment from Naspers (Feb 2017) • Value added services Team-as-a-Service that actively gets involved in business & product decisions • Awesome company culture Dynamic, creative, always learning, actively supporting civic projects • Cool & complex projects ESA, Amadeus.com, ST.com • US customers since 2004 proventys.com, zipongo.com, thefundworks.com, sandtoncapital.com, petmanufacturers.com, abroadoffice.net, techsoup.org & more

  13. Zitec Start-up Portfolio - 3 / 8 San Francisco (USA) Stage: Series B Zipongo works with employers and health plans to Improve health outcomes through personalized dietary recommendations Amsterdam (The Netherlands) Stage: Funded, Pre-launch Shop directly from the brands you love. Bucharest (Romania) Stage: Funded, Break-even Comic-books titles, white-label mobile solution & mobile comic-books marketplace

  14. Thank you! Alexandru Lăpușan – CEO & Founding Partner

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