As the success of the Hungarian economy is greatly determined by the use of innovative technologies, it is especially important to be at the forefront of digital development. Events like think.BDPST provide a great opportunity for substantial dialogue on mobilising our economies by technology and utilising innovation in tackling global challenges.
The measures of the Hungarian Government have been successful in attracting major international companies, which bring high-value-added, R&D-based and innovation-oriented investments to Hungary. As a result of our efforts, we have moved forward from the period of “Made in Hungary” to the period of “Invented in Hungary”, in which what is important is not only that certain products are manufactured in Hungary, but that they are developed and first applied here as well.
Notions like digitalisation and artificial intelligence are not about the future anymore. They have become the very essence of our daily life. In order to manage a successful transition, Hungary wants to become one of the leading countries of Europe in digital transformation and in the application of the technological innovations of the Internet of Things.
The digital economy already represents more than 20 percent of Hungary’s GDP and 15 percent of Hungarian employees work in this sector. The digital industry is considered a game changer, therefore the extensive development of this sector is of utmost importance. It is our opportunity and duty to make the best out of Industrial Revolution 4.0.
I invite all participants to take part in think.BDPST, and discover Budapest, an innovative, future-oriented capital at the heart of Europe.
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