Information and communication technology (ICT) refers to all technology used to operate telecommunications, media, and smart management systems. Artificial intelligence is poised to play a transformative role in our future, reshaping manufacturing, enhancing everyday life and even influencing society’s operations.
This revolution, however, did not happen by chance, or suddenly. Information and Communication Technologies (ICT) have played a fundamental role in developing and advancing Artificial Intelligence (AI) by providing essential infrastructure, data, and tools. In other words, Information and Communication Technology is the framework that makes possible the existence of AI, constantly shaping new possibilities for the development and application of technology in everyday life, education, health, security, social solidarity, environmental protection, transport, industry, science, research, but also all forms of automation.
Information and communication technology (ICT) refers to all technology used to handle telecommunications, broadcast media, intelligent information management systems, audio-visual media processing and transmission systems, and network-based control and monitoring functions.
With a net turnover of around 10 billion euros, the ICT sector is one of the sectors that create the highest added value in Hungary. The industry is in constant and dynamic development, as evidenced by the large number of innovative companies that have emerged in recent years and the rate of rapidly growing software and service exports.
Hungarian professionals are highly qualified and benefit from unparalleled and competitive knowledge, which is in high demand and recognized worldwide. In addition to the human element, ICT companies operating in Hungary are characterized by fast growth and above-average added value, which also contributes to the competitiveness of Hungarian businesses.
Innovative start-ups provide an increasingly important proportion of the ICT industry, and Hungary pays particular attention to promoting its successes in the global market, either by market introduction, product development and leading or expanding its international connections.
Within the Hungarian national economy, ICT is one of the sectors with the best prospects for growth and increased competitiveness. Therefore, Hungary is focusing heavily on the development of digital infrastructure – from population registers, e-health care, smart parking to toll road and passenger information systems, as well as ICT solutions for smart city developments, the promotion of e-access to wider public sector, and digital systems related to traffic, agriculture, health, industry, education, etc.
ICT solutions used in public administration in Hungary could easily be competitive anywhere in the world, contributing to the quality of life of citizens, facilitating administrative procedures and increasing fiscal revenues and efficiency of public administration, and for this reason, many countries have already installed Hungarian systems.
Hungarian companies aiming at innovation but also at creating solutions for the development of efficiency and sustainability of modern businesses have developed Artificial Intelligence software for application in various key sectors such as Healthcare, Automotive, Transport, Agriculture, and Livestock, offering Artificial Intelligence solutions even in the F&B industry. At the same time, they have also invested in the development of innovative technological equipment, providing cutting-edge devices such as speed cameras, smart-metering devices, IoT sensors, and 3D microscopes.
The products and services produced by the Hungarian ICT industry are widely sought after in foreign markets. Indicative examples that have been implemented are software based on Artificial Intelligence that helps in the personalized treatment of cancer patients and is already used in thousands of patients in Europe and America, Precision Agriculture software, used in orchards in Brazil to predict and manage specialized plant infections, helping to manage them effectively, the development of an electronic population registration system in Vietnam, and many more, which you can learn more about by contacting the Hungarian Export Promotion Agency in Athens.
Source: Naftemporiki
