Tech cities of the future are in Romania
Tech cities, Bucharest, Cluj-Napoca, and Iasi, are all main cities enlisted in the most recent study by fDi and TNW’s Tech Cities of the Future for 2020/21. AROBS, a leading technology company, has branches in all of these.
The study collected data of 76 locations analyzing five areas: Economic Potential, Innovation and Attractiveness, FDI Performance, Cost-Effectiveness, and Start-up Environment.
This study was created with the aim of mapping potential cities across Europe for business investment. Although large European cities like London, Paris, and Munich are still overall attractions, Eastern European cities are emerging at a very great speed.
Therefore, Romanian cities like Cluj-Napoca, Iasi, and the capital, Bucharest, are topping the lists in numerous categories.
Cluj-Napoca has a long academic history, that transformed this city into an IT hub filled with young people, smart ideas, start-ups, and foreign investment. In 2018, the city was named the Silicon Valley of Eastern Europe.
In the above-mentioned study, it ranks 3rd in the Top Ten Tech Cities of the Future 2020/21 – Cost-Effectiveness category.
Cluj-Napoca is also the birthplace and host of numerous IT companies. It hosts the headquarters of AROBS Transilvania Software, one of the very few competitive software development companies with 100% Romanian capital.
Iasi is an emerging hub for software development. It’s one of the largest cities in Romania, and just as Cluj-Napoca, has an academic tradition. On the Cost-Effective Tech cities of the future 2020/21 Top Ten it ranks 2nd, ahead of Cluj-Napoca.
The city is also home for another AROBS branch, along Suceava, Baia-Mare, Arad, Cluj-Napoca, Targu Mures, and Bucharest.
As the capital of Romania, it is the biggest hub for innovation and investments in the country. With its over 2 million population, it is the main attraction for foreign business. Bucharest ranks 7th on the Top 25 European Cities of the Future – Overall, outranking cities like Barcelona or Cambridge.
Software development and the IT sector as a whole has accelerated the growth and attractiveness of major cities in Romania, so much so, that the 3 main cities of Romania, Cluj-Napoca, Iasi, and Bucharest rank on top positions on many top-ten categories for cities of the future – as the fDi and TNW’s Tech Cities of the Future for 2020/21 confirms it.
AROBS, a Romanian technology company has teams in all these cities, enhancing the modern characteristics of these cities and actively participating in this revolutionary growth. With almost 1000 employees nationally and internationally, it has gained high expertise in industries as diverse as Automotive, IoT, Life Sciences, Enterprise Solution, and Travel&Hospitality.