COPENHAGEN (Denmark), Dec 1 (APP): A delegation comprising eight Pakistani information technology companies is participating in the Digital Tech Summit, being held in the capital of Denmark on November 30 –December 1.
The Pakistan Software Export Board in collaboration with the Embassy of Pakistan has booked a stall at the event where six of the participating companies will be represented. The remaining two companies have booked independent stalls.
This is the first occasion where a Pakistani technological delegation is participating in an event in Denmark.
The Digital Tech Summit is a major tech event held in Denmark. The event brings together over 5,000 decision-makers, engineers, companies, academia, startups, investors, and students. It offers the opportunity for meeting partners, customers and suppliers.
The participating companies from Pakistan include Genetech, Kualitatem, Mortgage on Fire, Nasrun Studios, Pixako, Quality Resource Management, Vizteck, and Visnext, represent a range of skills set ranging from software quality assurance, SEO, SEM, Fintech, CRM, mobile app development, artificial intelligence, cloud computing, cyber security, health tech, blockchain, game development and more.
Pakistan’s tech industry is growing very fast over the last decade and is currently among the top three exporting industries. The growth is fueled by the young and tech-savvy people who are creating opportunities for disruptors and entrepreneurs.
Increasing local and foreign capital investment in the technology sector is contributing towards building innovative products and services serving local and international markets.
Key facts about Pakistan’s tech sector:
• Universities and academic programs are producing top talent, approximately 25000 IT graduates per year.
• Pakistan ranks as the third most popular country of freelancers in software development.
• US$ 3.0 Billion Exports per year, US$1.0 Billion local market consumption.
• 5000 IT companies, 500,000 English-speaking engineering talent.
• 300+ international companies providing services to over 100 destinations.
• Well-established broadband infrastructure with 6 international cables and 4 global mobile operators.
• 14 Software Technology Parks, 5 National Incubation Centers, Dozens of private and university incubators and accelerators launching new startups.
• $65 Million invested in early-stage startups in 2020, despite Covid challenges.
• Billion-dollar Unicorns have established their Technology / Delivery centers in Pakistan.