Startup Cyscale, a Cluj-based software developer of data protection solutions and applications in the cloud, in 2022 posted turnover worth RON2.3 million in Romania, against zero turnover in the previous year.
UiPath, the first Romanian IT company listed on Wall Street, has cemented its position as the biggest tech company on the local market by turnover after raking in a RON2.27 billion result in 2022, up 86% from 2021.
The local subsidiary of Swedish company Ericsson, a major global supplier of equipment, software and services for telecom operators, in 2022 registered RON32 million net profit, up 48% from 2021 amid 12% higher turnover, at RON962.6 million.
US giant Google has today launched in Europe, inclusively in Romania and the Romanian language, Google Bard, an AI-powered conversational chatbot that competes with the already highly popular ChatGPT and has similar capabilities, but also additional functionalities, such as reading messages in Romanian.
Axigen Messaging, a provider of email server software, has teamed up with another company owned by a local entrepreneur, Romarg, the biggest player on Romania’s data hosting market, to create an email services package offering local data storage in a data center of Brasov.