Tuesday, December 4, 2018, 12:53 PM
He Technology sector It grows five times more than the rest of the European economy, but has a problem, Diversity and inclusion. 93% of the funds invested in technology ‘Startups’ were assigned to those whose founders are Only formed by men. The data will follow from a report from Atomaire and Slush about the Situation of the European technology sector.
The study indicates the strong growth of investments in technology, which again defeated records in 2018, so that this sector has made the engine of the renovation of the European economy. “The importance of technology for the entire economy will only increase,” says the authors of the document.
According to the collected data, on Spanish -based technological startups They will duplicate the recorded investment this year Compared to 2017. An estimated companies will receive $ 1.8 billion (1,590 million euros) in 2018 compared to the $ 938 million 2017. However, the figure obtained is far from that achieved by Germany or the United Kingdom, which will catch more than 4,000 million and 7.4 billion respectively, according to the same report.
Investments in this sector in Europe have reached the record of 23,000 million dollars (around 20.2 billion euros), 21% more than in 2017. Growth draws attention to the capital that was invested in European technological companies only five years ago, when the figure reached hardly any $ 5,000 million (4.3 billion euros).
According to Atomico, in 2018 in total 17 European technology companies surpassed the threshold of one billion of market value dollars.
In the same year, four European companies –Spotify, Farfetch, Adyen and Elastic– They went outside and managed to exceed more than 5,000 million dollars (4.4 billion euros) to stock market capitalization on their first day of the contribution.
With regard to the workforce, Atomico points out that the technological sector attracts a growing number of professionals, both young developers and experienced managers from other industries.
Spain and the startups
Spain has positioned itself as the third destination for the Technological talent In Europe, after the United Kingdom and Germany; Madrid and Barcelona are already among the 10 most important technological communities in Europe (fifth and sixth respectively), and the Spanish community of developers grew faster than all others in Western Europe. This community today compared 308,500 members with 268,000 in 2017.
