Techsylvania delivers all the techies a unique opportunity to learn from some of the brightest minds’ do’s & don’ts. From presenting ground-breaking ideas to debating some of the most pivotal problems that arise when business meets tech, the event has a time-tested ability to represent the core of the community movement.
Each year, renowned professionals have stepped on the main stage of Techsylvania to spark ideas and passions among our tech community, by using their most fierce weapons: their knowledge and expertise.
In 2021, Techsylvania brings it all to the next level, focusing on exploring today — how to spot and create opportunities in a not-so-favorable environment, in order to innovate tomorrow. Let’s see how the software industry made it through the last year and how big the technology and investments plans are for the future, through the lens of Valentin Filip, Managing Director Product Investments at Fortech.
Innovations and suitable technology solutions for the software industry in 2021
Innovation is required in all domains of activity, including in software services.
“We pride ourselves on our ability to adapt to the changing environment and the new context created by Covid, both internally and in the relationship with our customers. Even before going public with our investment efforts, we’ve started investing in tools and processes that digitize and optimize our workflow, thus creating a flexible approach in everything we do. A few examples are office management tools, business management suite, client management tools, etc. We’re looking forward to supporting start-ups that help businesses like ours perform better, and possibly becoming customers of theirs ourselves.” states Valentin Filip — Managing Director Product Investments.
Investments plans. A bolder approach to broaden the suite of tailored services developed under the Fortech Group
Having a solid business to rely on, Fortech, through its newly-established division Fortech Investments can reinvest its gains in new directions, creating more value in the market. This year marks the official commitment to growing new areas of interest, such as niche technologies product investments, and capability expansion through M&A. “We envision expanding the range of partnerships by leveraging these directions and also by combining the lessons and learnings from all of them.” added Valentin Filip.
Fortech Investments comes in to provide entrepreneurs and start-ups with the right resources, at the right time
Innovation spurs from technological advances and personal or business needs. Fortech Investments supports start-ups that seize the 3 most important market forces that create opportunity: Economical forces, Social forces, Technological forces.
“We see a great confluence of positive forces in different domains, such as Healthcare, Finance, Education, Transportation, Manufacturing, and are expecting to see a lot of start-ups for which the right moment is now.” (Valentin Filip — Managing Director Product Investments)
Investing in Telios, becoming the lead and largest investor to date, with a €400000 ticket
Valentin says that “while being focused on the directions we want to invest, we also leave some flexibility in our approach.”
This has enabled investments in the B2C sector with RacketPal, a UK startup, and Licenseware in the software asset management for companies.
“Our latest contribution is to Telios, becoming the lead and largest investor to date, with a €400000 ticket. We are eager to support both local and foreign start-ups, with the aim to bridge the gap between different levels of sophistication and market maturity,” he concluded.