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Industry Landscape
The Information Technology industry is experiencing rapid growth driven by digital transformation, cloud adoption, and AI. Demand for data management, cybersecurity, and specialized IT services remains high, with companies continually investing in technology to enhance efficiency and innovation.
Total Assets Under Management (AUM)
IT Spending in Italy
~70 billion USD
(5.5% CAGR)
- Driven by cloud adoption and digital transformation initiatives.
- Strong investment in cybersecurity and data analytics.
- Growth fueled by both private and public sector demand.
Total Addressable Market
70 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI
Generative AI, including large language models, will revolutionize data processing, content creation, and autonomous system development, significantly enhancing automation and insights.
Edge Computing
Edge computing brings computation and data storage closer to the sources of data, reducing latency and enabling real-time processing crucial for IoT and AI applications.
Quantum Computing
Though still nascent, quantum computing promises to solve complex computational problems beyond the reach of classical computers, impacting cryptography, drug discovery, and financial modeling.
Impactful Policy Frameworks
AI Act (European Union, 2024)
The EU's Artificial Intelligence Act is a landmark regulation categorizing AI systems by risk level and imposing strict requirements on high-risk AI, including data governance, transparency, and human oversight.
This policy will necessitate significant compliance efforts for Kordata IT in developing and deploying AI solutions, particularly in data quality and transparency.
NIS2 Directive (European Union, 2022)
The Network and Information Security (NIS2) Directive updates and strengthens cybersecurity requirements across a wider range of critical entities and sectors, including digital infrastructure and IT service providers.
Kordata IT will face enhanced cybersecurity obligations, reporting duties, and potential penalties, requiring robust internal security measures and client-facing solutions.
Digital Services Act (DSA) (European Union, 2022)
The DSA aims to create a safer digital space by establishing obligations for digital services regarding illegal content, disinformation, and transparency for online platforms.
While primarily targeting large platforms, Kordata IT may be indirectly affected by increased data governance and content moderation requirements if its services facilitate user-generated content or online interactions for clients.
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