Investments in IT-Based Decision-Making Solutions among manufacturers of five core countries of Central and Eastern Europe (CEE): stakes and realities.

Overall, manufacturers always need a spate of trainings and awareness, to help them understand and harness in real-time, the unmatched opportunities of growth behind the new IT Convergence.

We are living in a highly competitive world, where day by day, the boundaries fall down, to meet the new realities of the globalized and open-world.

As part of our global commitment, at, Connectikpeople.co soon, #Retinknow®, we are always excited by the leapfrogging capabilities of the emerging economies when it comes to digital transformation.

With regard to the five core countries of Central and Eastern Europe (CEE) , namely, the Czech Republic, Hungary, Poland, Romania, and Slovakia; according to IDC, IT spending by CEE manufacturers is expected to post a compound annual growth rate (CAGR) of 4.1% in 2014-2018. Lower spending growth in the hardware segment will be offset by accelerated growth in IT services and software segments, which will expand at a CAGR of 5.3% during the five-year period.

The software segment, which currently accounts for 39% of manufacturing IT spending, and the IT services segment with 25% of IT spending, will grow the fastest in the region, representing a combined 69% share of total CEE manufacturing IT spending by 2018.

This can be explained inter alia, by the escalation willingness among CEE to create environments characterized by operational excellence with investments in IT-based decision-making tools.

Connectikpeople.co soon, #Retinknow®, hails this new momentum and encourages this transformation in CEE manufacturing which reflects in higher demand for specialized software and IT services, as well as for the new IT Convergence.