and foster their digital investments. Cross-functional steering committees are the most popular, the choice at 19%of respondents'organizations.
Companies want to know that they are getting something beneficial from investment in new technologies. Corporate leaders need to leverage metrics to help make digital transformation happen.
It can be hard to gauge a return on investment for emerging technologies. It is still difficult to compute ROI on many social media activities (at least to the satisfaction of the executive board) said one survey respondent.
but only a slight majority of companies have given crossfunctional committees (37%)or a shared digital units (17%)enterprise-level authority on digital investments.
12 1. 3 Need of investment...32 2 Field of Action I-egovernment, Interoperability, Cyber security, Cloud computing, Open Data, Big data and Social media...
Targeted and prioritized investments in ICT are essential in meeting the specific targets set by Digital Agenda for Europe 2014 2020
the investments in the field of ICT's will proceed under the umbrella of the National Strategy for Digital Agenda the strategic policy framework for digital growth.
Field of action 2 ICT in Education, Health, Culture and einclusion support at a sectorial level that will ensure ICT investments create a positive impact in the social context.
A full implementation of the strategic vision on ICT infrastructure in Romania will lead to total investments of around 3. 5 billion Euro.
calculated in accordance with good practice observed in other European countries who have made similar investments may be translated into GDP growth by 13,
and to look at the investment in ICT as a way to transform the Romanian economy.
& Security increases the trust of web users in electronic services and online transactions in order to boost consumption of ICT services 4. Pillar IV Fast and ultra-fast Internet access targets investments
online Public investment in ICT R&d Energy use of lighting(%)1. 4. Efficient public administration and decrease of the costs of public administration VII-ICT enabled benefits
online Public investment in ICT R&d Energy use of lighting 3. 2. Increasing the number of jobs in the ICT sector VI-Enhancing digital literacy,
To be defined based on Appendix 5 Methodology Investments in infrastructure Target: To be defined based on Appendix 5 Methodology#of households with access to internet broadband (at least 30mbps) Target:
Principles for Digital Agenda in Romania Investments should correlate with the objectives Guiding Principles for Digital Agenda in Romania,
and business in order position Romania as a solid ground for investments and retain the advantage of highly educated Page 27 of 170 professionals.
All investments should be based on establishing or improving at least one of the criteria described in Annex 1 (for example,
an investment should improve at least the security of a public service). All initiatives should describe tangible and quantifiable outcomes that can be measured
The order of decisions for investment in information systems is: Buy, Customize, Build. This means that generally, an entity will first look for already existing solutions that satisfy the needs of their customers,
All investments will take all the appropriate measures for ensuring security for services, data, and processes.
This principle should be applied foremost on new investments, which are first-of-a-kind for the Romanian Government,
to safeguard against initial significant investments that bring only reduced added value. Additionally, this should be applied in a continual manner to all running initiatives.
all investments in ICT sector need to be sustainable that means self-funding themselves or with a solid Return on Investment plan for the Government,
in detriment to other planned or strategic investments which can yield additional benefits. Examples: Entities should secure funding for the investment for a period up to 5 years for all recurrent costs of that investment objective (including initial investment, maintenance, upgrades etc..
For all decentralized initiatives, a centralized system needs to be put in place ensuring uniformity and efficiency for processes,
Maximize initial investment All investments need to make sure they achieve their full potential. Examples: Entities should break down barriers of adoption by incentivizing the use of the service (for example reducing the time needed to interact with that public service and/or reducing fees.
the investments was around 3 billion RON, significantly lower than in other countries with a total number of employees of 128.000 in the field of ITC.
this figure takes into account the average growth of ICT employment in Romania (7%year on year growth) before the economic downturn and projects it for the 2014 2020 period as a target for future investments.
Improve legislation and promote innovationstrategic Initiatives (2014 2016) Enabler Initiatives (2015 2018) Operational Initiatives (2016 2020) Page 32 of 170 1. 3 NEED OF INVESTMENT
A full implementation of the strategic vision for ICT sector in Romania that will meet the specified targets for Romania will require a total investment of 3. 5 billion Euro.
Direct and indirect impact on the economy, calculated in accordance with good practice observed in other European countries who have made similar investments may be translated into GDP growth by 13,
From a methodological perspective, the investment requirements were assessed for each line of action through comparison with similar investments for the same objective done by other countries
The assessed investment calculation for each line of investment was performed based on the following: Values estimated at the level of the European union for the implementation of the Digital Agenda
European commission Values published for investments which are identified comparable at the level of other countries it refers to investments with the same perimeter,
performed under comparable conditions Values resulted from the statistical analysis performed based on the figures recorded in countries
which finalized similar investments Similar investment rates These values were adjusted afterwards with relevant indicators for Romania:
Total estimated investments for the computerization of the public services were estimated at a total level for the European union;
the population of Romania and the country's level of development The Gross domestic product the estimated investments for Romania were adjusted at the total economy value expressed through the Gross domestic product Also,
the calculations performed both for the estimation of the future investments which will be performed by Romania within the Digital Agenda strategy,
The table below depicts the necessary investment for each field of action in order to meet the specific targets for the Digital Agenda for Europe 2014 2020.
Operational Program Need for Investment (EURO)% egovernment and Interoperability 247,487, 375 EUR 6, 2%Cloud computing and Social media 70,187, 239 EUR 1, 8%Page
in order to bridge the significant gap of investments required between the Operational Programs 2014-2020 and the necessary budget for achieving the target indicators,
World bank and BERD funding, Public Private Partnerships, self-funded investments, national budget etc. Below you can find a mapping of fields of actions and available structural funds.
-All investments will need to calculate and secure the necessary budget for 5 years (coming from mixed financing sources)- After 5 years a clear decision will be made regarding decommissioning that investment objective
or securing additional funds for incremental periods of 3 years This model will apply to all the systems pertaining to Life Events
which they need major capital investments. The adoption in private sector of Cloud technologies within the European union exceeds 64,
services Shifting IT investments to more efficient computing platforms Ability to use shared applications for common Government functions (ERP, HR, SCM, GIS etc.)
If the investment plan will focus on a balance between rural and urban areas, in the long term the quality of education will improve
In the last years, the focus of e-health investments was on e-health services. 3. 2. 2 European context The e-Health strategies of EU
This investment has led to an unprecedented period of technical research and development in the European cultural heritage sector,
National Indicators pertaining to ICT in Culture In order to estimate the necessary ICT investment in culture,
the estimated value of ICT investment in Culture amounts to 37,5 million Euro (out of which 15 mil.
the European commission proposes as an intelligent specialization16 to become a preliminary condition (ex ante conditionality) for the support of investments within the two key-objectives:
as a composite indicator of many of those factors. 4. 2. 3 National context Research-Development and Innovation Approach in Romania Investment in research, development and innovation in ICT and application
of accomplished results through said investment are key factors to improve competitiveness of our companies and Public Institutions.
The increased investments in the wide range connections and infrastructure, as well as in the e-commerce investments connected to the ITC products
and services innovation will have as direct implication the increase of the number of available working places,
Bucharest, Cluj, Iasi and Timisoara. 18 JASPERS, Analysis and Evidence Base of the R&d&i Market in Romania, Martie 2013 Page 93 of 170 Out of the net investment
In the ICT sector, in 2011, investments were performed in the amount of 3 bil. RON, which is approximately 8%of the turnover of the sector for this period. 4. 2. 4 Strategic Lines of Development Strategic Lines of Development for Research-Development
and can stimulate the private investments. They can help the regions to concentrate resources upon a few essential priorities, more than to spread, less intense, the investments within all the fields and sectors of activity.
In the case of the Romanian Digital Agenda the main lines of action are related to the promotion of Promotion of innovative clusters and of the competitiveness poles for regional growth,
to increase the efficiency of public investment in the Innovation, Research & development in ICT; encourage the research of the infrastructure development at regional level
Alternatively, virtual clusters can also be considered for investments. A virtual cluster is a concentration of SMES distributed geographically
Ministry for Information Society We propose a tiered investment strategy from the Government in ICT start-ups that can bring significant value in technology,
-Tier 1 Small investments in new technologies with market potential which are not yet proven to bring significant added value/return on investment-Tier 2 Medium investments in new technologies/start-ups
and have demonstrated the return on investment-Tier 3 Large investments for technology innovation in proven models that have received funding from multiple credible sources Any project can apply for funding
to facilitate broadband investment. The rolling out of high-speed fixed and wireless electronic communications networks across the Union requires substantial investments a significant portion
of which is represented by the cost of civil engineering works. A major part of these costs can be attributed to inefficiencies in the rollout process related to the use of existing passive infrastructure (such as ducts conduits, manholes, cabinets, poles, masts, antenna installations
the identification of the volume of investments necessary in the development of the next generation access infrastructure for the purpose of the attainment of the objectives related to the development of the access services assumed under the Digital Agenda for Europe Delimiting:
identification of the geographical areas where the current rate of investments in broadband next generation access infrastructure impose the taking of certain public intervention measures (rural areas, areas with a low density of the population, etc) Page
identification of investment models compliant with good practices and European recommendations with respect to the financing of the development of next generation electronic communications infrastructure.
stimulating the investment in the next generation access infrastructure in Romania through the identification of the measures to cut costs and increase the efficiency of its development.
43m (2012) Subscribers to rebroadcasting services 6. 03 M 2012) Penetration of bundle offers per hundred inhabitants 37.5%(2012) Investments in infrastructure 537m € (2012) Source:
Investment in white spots In the underserved (white) areas, as there were defined in Broadband Guidelines,
where the inherent profitability of investment in broadband infrastructure is low, neither ex ante regulation nor demand-side measures will be sufficient to enable the supply of broadband service.
In support of the sub-measure Investments regarding the broadband infrastructure in the rural area within the National Rural Development Program
These localities were grouped in 7 well-balanced areas-from economic/investment perspective-that were put out for Design-Build-Operate concessions (public tender.
These costs are going to be covered only partially by private investments. Strategic Lines of Development Lines of Action Comments Deployment of Next Generation Backhaul and Backbone Infrastructure Implementation of the Ronet project (Enabler) Responsible:
either by launching new state-aid programs or by taking additional measures that will encourage private investment in NGN Broadband infrastructure.
Further stimulate Private Investments in the NGN Infrastructure Encouraging Access to the Existing Passive Infrastructure.
added value (mil. lei) 14320,3 15418,2 Gross operation excess (mil. lei) 5235,6 8353,1 Investments performed (mil. lei) 3016,3 2983,0 Share of turnover
The increased investments in broadband connections and infrastructure, as well as the investments in innovation of TIC products and services type e-commerce will have as direct implication the increase of the number of available jobs, both in TIC sector,
and in other sectors of economy pursuant to externalities. ecommerce Based on the data supplied by Eurostat,
The improvement of penetrations of broadband connections on rural level involves in most of cases significant investments for reaching the far points/dwellings geographically speaking.
investment programmes with a unitary vision in the public sector The lack of coordination with respect to adequate security measures The lack of a long term strategy for the training of the ICT personnel in the public sector The absence of an electronic authentication system
and the modernisation of the research infrastructure, including the technical calculation infrastructure used in the field of research Low level of investment
in addition, there are still many white spots that are covered not by private investments and require public intervention (especially in rural areas) This low take-up is applicable both to fixed access networks as well as mobile broadband
and discourages private investments driving unavailability of financing both for start-ups and existing operators. Opportunities Threats and constraints RONET project laying backhaul will harmoniously complete the NGN developments into an overall NGN Plan for Romania;
Deployment of 4g networks requires significant investment and operators are prudent in coverage plans (Romania has good 3g coverage but below average for 4g).
policies and architectural guidelines which the agencies will use for ICT initiatives and investments. Key outcomes of this initiative that will be prioritized before all other lines of actions are:
MID 2015 Evaluating the ICT investments in Romania on following and meeting the Guiding Principles and Public service Criteria PURPOSE:
EVALUATE ICT INVESTMENTS BENEFITS: OVERSEE ALL ICT INVESTMENTS IN ROMANIA ARE IN LINE WITH THE GUIDING PRINCIPLES, PUBLIC SERVICE CRITERIA AND ROMANIA'S STRATEGY TIMELINE:
END 2014 IN PLACE, CONTINUOUS IMPROVEMENT Issuing and overseeing the implementation of the National Interoperability Framework that will ensure end-to-end interoperability between future systems from the public sector,
and collecting information that can help Page 159 of 170 sustain a rapid growth of investments in this field,
and it will update it based on the Evaluation Forms used for evaluating ICT investments in Romania.
Rationalizing investments In the rural area, with a low density of the population, where there are limited broadband services,
imposing all the types of access products might disproportionately increase the investment costs, without obtaining significant benefits as far as the stimulation of the competition is concerned.
direct direct direct direct direct direct indirect indirect Investments in infrastructure direct direct direct direct direct direct direct direct direct direct direct#of households with access to internet broadband (at least 30mbps) indirect direct direct direct direct direct direct direct direct direct direct
Foreign Direct Investment FET...Future Emerging Technologies FIEK...Higher education and Industrial Cooperation Centre FP7...Framework Programme for Research and Technological Development FTE...
R&d system, finance and subsidies, corporate investments, relationships and entrepreneurship, intellectual property, innovators, economic impact.
Low level of seed capital investment; undeveloped technology incubation processes. Opportunities Education, training, research background:
The promotion of venture capital investments will bring along more successful products and companies from the ideas;
In June 2013, the Government of Hungary adopted the Investment in the future National Research and development and Innovation Strategy (2013-2020),
. The S3 planning process The Investment in the future National Research and development Strategy (2013-2020) considered the smart specialization strategy (S3) only as a complementary strategy.
Investment in the future National research and development and innovation strategy 2013-2020 The National S3 Strategy defines the territorial-technological-sectoral projection of the"Investment in the future, National Research & development and Innovation Strategy 2013-2020"(hereinafter,
VII. 4). In order to ensure that the state and public sources spent in the RDI sector in Hungary become investments in the future,
and enable the companies engaged in research and development to obtain, among other things, seed or venture capital investments.
of which investments related to RDI are supported particularly. The capital asset investment credit for export is another type of special subsidised loan,
which may be granted for an investment in order to promote increased domestic supply production that in turn generates additional export revenue for the investing entity.
Targeted state support is particularly important in the capital and credit markets where there are market failures. 5. 2. 4. Funding principles Application of types of intervention instruments adjusted to the target area Compared to the period between 2007 and 2013,
investment priorities Specific objective Financing fund Operational programme Strengthening research, technological development and innovation Improving research and innovation (R&i) excellence,
Promotion of R&i investments of undertakings and creation of links and synergies between research and development centres and the higher education sector, particularly with regard to product and service development, technology transfer, social innovation, eco
-innovation and public service applications, demand stimulation, networking, clusters and investments into open innovation through smart specialisation;
Hungarian Region Promotion of R&i investments of undertakings and creation of links and synergies between research and development centres and the higher education sector, particularly with regard to product and service development, technology transfer, social innovation
eco-innovation and public service applications, demand stimulation, networking, clusters and investments into open innovation through smart specialisation;
Increasing research, innovation and smart specialisation in human areas ESF, KTIA HRDOP Infrastructural investments in order to strengthen social cooperation Supporting regional service providing higher education
KTIA HRDOP Infrastructural investments Improving the system of conditions of discovery research along the smart specialization;
KTIA HRDOP 75 Infrastructural investments Promoting the purchase of devices and instruments in higher education, which relate to smart specialization
KTIA HFOP 76 including also the related processing Capital market instruments Thematic priority Policy measures, investment priorities Specific objective Financing fund Operational programme Strengthening research
, technological development and innovation Promotion of R&i investments of undertakings and creation of links and synergies between research and development centres and the higher education sector,
particularly with regard to product and service development, technology transfer, social innovation, eco-innovation and public service applications, demand stimulation, networking, clusters and investments into open innovation through smart specialisation;
and the advanced production capacities and test production of basic technologies promoting the R&i investments of businesses Creating relationships and synergies between businesses,
A pilot project is targeted a RDI support instrument among real conditions and with a small investment of time and budget,
the ratio of business and public R&d spending improves. 32 Most of the domestic venture capital investments between 2010 and 2013 were given by the start-ups
or the so-called later-stage venture capital transactions Seed capital investments represented a negligible share, which can be problematic in the long run in terms of the sustainability of the development of the private
Beyond the developments in the form of productive investments, there is a need for product development, marketing, innovative technological solutions and increase in energy efficiency.
) Tender database annually Private investment matching the support from public funds to innovation and R&d projects (million HUF) Tender database annually Ratio of external domestic researchers in the use of the research infrastructure in the past one year,
Nesta is backed with an endowment originally provided from the UK National Lottery and works through a combination of research, investments,
In some cases substantial investment will be needed to achieve this. 5. Expand the European DSI network
While massive commercial investment and business models fuelled the web's incredible growth, the use of platforms like Facebook to serve social good has been disputed accidental
for the most part due to a lack of an open infrastructure and difficulty finding investment. The future of the Internet should remain pluralistic,
Europe could provide an alternative model in the form of investment in open infrastructures on the network, service and data layer.
This vision requires more investment in fundamental research to promote net-neutrality, strong encryption, banning of trivial patents, open standards and free software together with the multi-stakeholder governance model.
or lack of investment. It is crucial for successful crowdsourcing to design the activity properly to prevent excessive demands and frustrations.
AND ACCELERATORS MAKER AND HACKER SPACES ADVISORY OR EXPERT BODY INVESTMENT AND FUNDING 152 26 13 74 76 70 30 30 31 32 0 Project
Further support, investment advice and funding oppertunities for SMES and young companies are also available through the Startup Europe programme.
The US Federal government spends 2. 6 per cent of a much larger per capita GDP on research compared to only 1. 3 per cent on average in the EU. Early-stage funding for innovation is also more heavily supported by government investment
and subsidies in the USA than the EU. Approximately eight times as much public as private business investment goes into early stage technology development in the USA.
In the EU investment in research and technological development is based more market and demonstrably less effective (FINNOV European Policy Brief.
or the UK's Big Society Capital fund and India's Inclusive Investment Fund. They combine investments in new hardware
and software with experiments to discover better ways of delivering healthcare or reducing carbon emissions.
Seed funding is a very early-stage investment, meant to support the business until it can generate cash of its own,
or until it is ready for further investments. Seed money options include friends and family funding, angel funding and crowdfunding.
AND INNOVATION SUPPORT One important objective is to provide infrastructural investments such as broadband deployments and pan-European digital services that underwrite robust, equal,
INVESTMENT ON ENABLING INFRASTRUCTURES Community and bottom-up networking is an emerging mode of the Future Internet,
it needs investment in alternative architectures that favour new players and allow for bottom-up innovation. This includes the need for distributed data repositories and management systems
Investment for this kind of innovation support programmes can come from public funds but could also be through public private partnerships or crowdfunding.
Growing a Digital Social Innovation Ecosystem for Europe 83 The standards are used by the DSI accelerator Bethnal Green Ventures77 and Nesta's Impact Investment team78,
and the emerging Internet of things have their roots in strong public investment that funded general-purpose technologies and basic research.
just as in science and technology, innovation in society needs carefully crafted investment and support. There is a need to maximise the social value generated by digital technologies
In some cases substantial investment will be needed to support innovations through to sustainability just as in business, where many of the most transformative innovations required many years of patient,
large-scale investment before they delivered returns. Alternative socioeconomic models based on trust and their reputations are emerging.
and when investment is needed to migrate and replace legacy systems. In response, the government said it preferred to extend the life of legacy systems using software layers it called wrappers that would make legacy systems integrate more easily with newer systems. 3 The Cabinet Office
the impact of legacy ICT Part Three Financial and performance analysis 3. 1 In this part of the report, we analyse the investment the NHS Business Services Authority (the Authority) has made in the Capacity Improvement
This represents a programme of investment, funded by the Department of health, to improve the CIP system.
Interviews with financial and operational staff Analysis of investment and spend Data analysis of service performance
and the value of asset/investments is exploited fully. Governance, architecture and standards Technical governance Technical governance arrangements provide strong and effective oversight and direction on the ICT portfolio and the lifecycle of the legacy system.
which inputs to management decisions about future direction and investment. There is a tailored organisation wide training programme with clear success criteria being monitored.
5 Intangible investments and assets...5 Information...5 Government on-line...6 Competition...6 Intellectual property...
encourage investment in new technological infrastructure, content and applications; and technology neutrality among competing and developing technologies to encourage interoperability,
and remote areas could complement private investment where appropriate, provided it does not preempt private sector initiative
Intangible investments and assets Firms increasingly rely on intangible investments and assets (skills, organisation, software, networks) for competitiveness and growth.
measure and report intangible investments and assets still need to be developed and be accepted widely. There is a significant role for governments in conjunction with business associations
complement private investment with public financial assistance to expand coverage for under-served groups and remote areas.
benefits must outweigh investment and maintenance costs. Commercial considerations and potential returns drive adoption. Beyond a certain level of connectivity (PC, Internet access, on-line information or marketing), not all SMES will necessarily catch up with large firms,
Use of and investment in ICT requires complementary investments in skills, organisation and innovation and investment and change entails risks and costs as well as bringing potential benefits.
While many studies point to the possibility of market expansion as a major benefit for SMES
However, the analysis shows that complementary investments in skills, organisational change and innovation are key to making ICT work,
when accompanied by other changes and investments and that without these, the economic impact of ICT may be limited.
and avoid the risks associated with new investments and new business models. Strong links with customers and suppliers along the value chain as well as the lack of competition in the related market may also discourage businesses from introducing new business models
and are less sure of the expected returns on the investment. Some SMES cannot afford to adopt sophisticated ICT solutions (e g. a Web site with a secure environment for credit card transactions.
Percentage of total investment in Internet e-commerce. N=34. Source: Ernst & young (2001. Logistics services, e g. package collection and delivery, also matter.
For example they were positive about costs of engagement (investment costs) in e-commerce and highly positive about their strategies reducing costs to reach customers,
In fact, the small size of B2c e-commerce generally does not justify a small retailer's investment.
and line sharing) create incentives for new investment in broadband access and drive faster deployment of broadband services (OECD, 2001c).
Overtext Web Module V3.0 Alpha
Copyright Semantic-Knowledge, 1994-2011