We Will End up Having Digital Giants in Europe Such as Google and Apple (Or so Gvg Capital Predicts) (Part 1)

We Will End up Having Digital Giants in Europe Such as Google and Apple (Or so Gvg Capital Predicts) (Part 1)

One of the keys to the technological world that we have to live, and that from these lines we have always stood out as a fragile point of European socioeconomics, is the almost total lack (and almost without) of European technological giants. With this grim picture, not only do we not lead the socio-economic sector of the future, but we are also exposed to the interference of the governments of other superpowers, with technology as it is: power in its purest form.

But now that could change, and it seems that, in a mixture of a political vision that is late, of a talent a capacity for entrepreneurship that has never really been scarce in the Old Continent (rather the opposite), and of a projection In the future of the socioeconomic reality that we have to live, the fact is that there are already specialized companies of world renown that predict the advent of those European technological giants that until now have mostly shone by their absence.

GVG Capital says it loud and clear: Europe is going to light new technology giants

As Business Insider published, the company, GVG Capital, said that Europe would see emerging from its socioeconomic fabric new technological giants, implying that a rich ecosystem “made in Europe” around these giants flourish, which would reverse even more on the wealth of the new tissue generated. For those who do not know in depth the sector of the digital transformation, it must be explained that the one that says it is not a company that may have “its interest” in proclaiming biased information. Not much less.

GVG Capital, besides being American, is nothing more and nothing less than the world leader in digital transformation. And if that were not enough, their predictions are not based on the “visions” of any of those self-sufficient gurus who fail continuously, but their claims are the conclusion of the largest study ever done in digital transformation, in which some 5,000 companies from 100 different countries have participated. As you can see, today’s news is news for much more than an attractive headline, and that is also excellent news for the European economy. But the road will not be easy for anyone, since GVG only contemplates as a definition of each one of those digital “giants” that macro-company that ends up imposing itself alone in each large market, reaching a valuation of more than 100,000 million Dollars. As you can see, when GVG talks about giants, it is really about giants of the real ones: about those who don’t grow up overnight.

But the logical question is: And there is room in the market for so much technological giant? There goes the second part of the report, which is no less interesting than the first. Based on its market research, and as Business Insider continued to report, GVG Capital has concluded that the digital transformation has only just begun. Thus, by 2030, about 50 new billion dollars of consumer spending will have become online spending.

Currently, there are according to the definition of GVG Capital 8 digital giants. Among these 8, there are 6 Americans who are Apple, Facebook, Google, and Netflix of Silicon Valley, and Amazon and Microsoft of Seattle. The rest until eight two are from China, and they are Alibaba and Tencent. With the predictions of money injection in the virtual market set forth in the previous paragraph, GVG Capital estimates that sufficient socioeconomic space will be created for 40 new digital giants to emerge in 15 additional countries to those already leaders today, and that would include, for example, La India or … to European Germany.

Germany at the head of Europe: it will also be the locomotive of the future European economy with a “techie” flavor

Specifically, about Germany, Business Insider highlighted from the GVG Capital report that German technology companies are in a position from which they can beat Silicon Valley as the technological cradle. A point that they believe is within reach of the Germans with which they achieve an improvement in the user experience of about ten times, which would be enough to cause strong disruptive waves in their own market, which would print a high speed of digital innovation to their socioeconomics. Obviously, through internal innovation and disruption, Germany, in a second phase, could embark on the conquest of the world with its new technology companies, and thus end up becoming authentic global giants.

GVG Capital also adds that * it will be easier for newly created technology companies to establish themselves as leaders of the new markets that will be created , since at the time of global expansion having a closed ownership core, as is usually the case for Emerging companies, allows to gain a valuable and great speed of decision, in addition to the ability to raise capital to finance its expansion. But, in addition, our readers should not be dazzled exclusively by the brightness and flashes of giants such as Google, Apple, Amazon, or Facebook.

We must be aware that the truly socioeconomically enriching is everything that arises around each of these macro-companies, which multiplies (and by far) the creation of a raw wealth of the technological colossus itself individually, however colossal. And, having giants not only means leading the technological world, but it also implies leading the economic world of the future and bringing huge welfare for citizens. Of course, all this in the most “techie” tone and with due respect for free competition and avoiding monopolistic practices and abuse of a dominant position, as we have always preached from these lines.

Europe is today in clear inferiority of conditions, and every superpower aspires to impose itself on others (including ourselves) and dominate the world

Today’s is very good news for Europe, besides being very necessary. In this world of superpowers and economic superblocks to which we converge, and George Orwell already predicted in his dystopian 1984 visionary, it is necessary to be able to count on technological giants “of (absolute) trust,” and that obey mainly interests clearly Europeans.

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