An unprecedented for the industry barrage of announcements of new tenders for digital works must proceed this year, as within the year, tenders totaling more than 2 billion euros should have been launched.
The programming includes almost all the digital projects that have been included in the Greece 2.0 program. with resources of the Recovery Fund but also many actions of the “Digital Transformation Book 2021-2025” with emphasis on 5G networks, electronic services and the interoperability of public systems.
Digital projects include major tenders such as the € 74.4 million Single Digital Citizens and Business Services Platform (CRM) and the € 70 million Upgrade and Expansion of e-Justice IT Systems. but also smaller tenders in the range of 5-10 million euros.
At the same time, next year is expected to close many “fronts” that opened this year, such as the mammoth tender, totaling 310 million euros to find the companies that will sign the framework agreement with Ktimatologio SA for the digitization of the archives. of Mortgage Offices.
Optimism and reflection
All this creates optimism in the IT and telecommunications market that is preparing for another golden age. According to a study by Deloitte, the Information and Communication Technologies (ICT) sector by 2024 will offer 50 billion euros of added value to the Economy while creating 500,000 new jobs.
According to the same study, the utilization of the funds of the NSRF and the Recovery Fund for the digitization of the economy, will increase the value of the ICT sector to 7.8 billion euros in 2022, compared to 6.8 billion projected in a similar study prepared by Deloitte in 2019.
The increase will continue exponentially, with 2023 estimated that the value of the ICT market will reach 9.1 billion and in 2024 10.1 billion, if 80% of the funds – ie 4.7 billion (2 , 2 billion subsidies plus 2.5 billion loans), has been absorbed by then.
In this general climate of optimism, however, there is also the concern with market executives identifying two main risks. The first is that the projects do not proceed according to schedule, which can lead to the cancellation of projects, especially those funded by the Recovery Fund. The second is to have lawsuits and appeals that may cause additional delays in competitions.
.
Source From: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
