Digital Europe: 5 things you may have missed w49


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Week 49: December 3rd - December, 9th 2018

There is a lot happening each week in digital across Europe, so we wanted to take some of the pain out of staying up-to-date. Below are our picks of the digital happenings across the continent.

Think you know retail tech in Europe. Check these companies out.

FUTR, in association with Forbes and CNBC, have released their Retail Tech Top 50 report for Europe.

The report looks at innovators in the retail space who are defining the future of the retail experience across in-store, commerce & payments; supply chain, fulfilment & delivery; product design and development and mobile & digital.

We are loving the personalised shopping and tailored food experience being enabled by SpoonGuru; localists location-based traffic and sales generation capabilities; Last Mile Link Technologies for for their incredible successful last mile delivery technologies and the video ecommerce experiences being enables by yeay.

Well worth a quick download and read

Even the biggest issues can be helped by contactless payments.

We just love this.

Vendors of The Big Issue will soon be able to accept contactless payments. The magazine, sold on streets around the world by homeless, marginalised and disadvantaged people, is teaming up with Swedish technology company iZettle to provide buyers in the UK with an alternative form of payment. The move comes as countries across Europe move increasingly towards becoming cashless societies.

Did you know that in the UK alone, cash transactions fell from 62% in 2006 to 40% last year.

“Read all about it!” here.

The European Tech ecosystem is becoming the most dynamic and largest in the world.

With another record year of investment in European Tech, the 2018 State of European Tech Report is a worthwhile read in understanding trends, issues and opportunities across the European tech landscape.

Some big stats to wet your appetite perhaps?

  • 23 Billion dollars invested in the European tech ecosystem in 2018 (up from 5 Billion dollars in 2013)

  • 93% of all funds raised by European VC-backed companies went to males - diversity needs addressing

  • 5x growth in the European technology (software) industry compared with the rest of the European economy

  • There are 200,000 more developers in Europe this year than last, hitting 5.7 million people (by comparison, the US has a lower, 4.4 million)

  • There are 15 European cities with professional developer populations of 50,000+ that have seen less than $1B in total capital investment since 2013

  • …and more.

Go on. You know you want to download it.

Visa is letting people tap to save trees.

From Big Issues to big forests, at the UN Climate Change Conference, cop24 in Poland, Visa is powering the Adaptation Fund to raise both awareness and donations for the anti-deforestations initiatives the Fund is helping to spearhead.

“A digital screen installation at the conference venue shows a virtual forest ecosystem in a lush state. Viewers see images of the ecosystem slowly degrading and can help halt the process by tapping an electronic reader with a Visa contactless card to simulate the act of making a donation. The health of the virtual ecosystem will improve after an accumulation of taps, demonstrating the importance of collective action to reverse the effects of climate change. For each tap that is made throughout COP24, Visa will donate €3 to the Adaptation Fund.”

Read more here.

An additional 9.3 billion euros committed to fast track Europe’s digital transformation.

9.3 billion euros of funding has been agreed to by the Telecommunication Ministers of all European countries as part of the Digital Europe initiative being spearheaded by the European Union.

It covers five main areas to help ensure Europe’s continued leadership in technological fields. Investments and funding will be made in the areas of: supercomputing, AI, cybersecurity, the advancement of digital skills, and helping to ensure the spread and use of critical technologies across the economy and society.

Take a look at a short video, overviewing the initiative