Research and Markets: Hungary Information Technology Report Q4 2011 - Health Sector Offers Strong Funding Prospects

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/1ce613/hungary_informatio) has announced the addition of the "Hungary Information Technology Report Q4 2011" report to their offering.

IT spending in Hungary will continue to receive momentum from a number of programmes to assimilate Hungary into the EU's broader 'Information Society'. The government's second National Development Plan provides the framework for the use of US$28.8bn from the EU's structural and cohesion funds for the 2007-2013 period. The Hungarian Association of IT Companies is hopeful that a new influx of EU funds will help stimulate a recovery in public sector IT spending.

One key policy area for structural funds is health. The National Development Plan has committed EUR1.7bn for the development of the health sector. The government has completed the first phase of a pilot project to improve exchange of information among hospital outpatient clinics and general practitioners (GPs) in one of the least developed regions of Hungary.

Competitive Landscape

Despite the difficult trading conditions, fellow global IT services leader IBM has continued to invest in Hungary. In September 2010, IBM announced a new Budapest-based centre for analytics. The company has targeted US$16bn in business analytics and optimisation revenues by 2015.

In May 2010, fellow US IT leader HP introduced an expanded set of consulting services specifically for telecoms companies. At the same time, the company announced a recent customer win at Hungary's leading telecoms company Magyar Telekom. Magyar engaged HP to develop a single, consolidated platform for Magyar to automate key processes and workflows. The solution was first deployed for new IP services and Magyar now plans to extend it to the rest of its services portfolio. In July 2010, Magyar Telekom said that it had signed an agreement to buy 100% of Hungarian IT company Daten Kontor Group (DK Group).

Key Topics Covered:

  • SWOT Analysis
  • IT Business Environment Ratings
  • Hungary's IT Sector - Historical Data and Forecasts (2008-2015)
  • Industry Forecast Internet
  • Telecoms Sector
  • Competitive Landscape
  • Company Profiles

Companies Mentioned:

  • Albacomp
  • Microsoft
  • HP

For more information visit http://www.researchandmarkets.com/research/1ce613/hungary_informatio

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716