Germany’s Rhine-Main-Neckar region is Europe’s “Silicon Valley”, and the Paris region is ranked second, ahead of South East England. The United Kingdom has three regions in the top ten.
Truffle Capital has published its “Truffle 100 European Clusters” ranking of Europe’s top 42 regions for the software industry. This mapping is based on a survey undertaken with support of Viviane Reding (EC Commissioner) in collaboration with analysts CXP and the “Top 100 Research Foundation”.
“It is a recent trend for the European Union to define Europe as regions and not as countries,” CEO and co-founder of Truffle Capital, Bernard-Louis Roques told IT Europa. “So we discussed with different political partners and software companies to know how Europe was doing compared to other clusters such as the Silicon Valley and the Boston area.”
The four flagships are Rhine-Main-Neckar in Germany (€12.5bn revenue), then Paris region (Ile-de-France), (€2.5bn), third is South-East England (€1.9bn) and fourth is North-East England (€1.4bn).
“That Ile-de-France is the second European region isn’t surprising, because France is a country extremely centralised, where everything happens in Paris,” explained Roques, “but a lot of French companies have been acquired in the last two years, representing about €1.5bn,” such as GL Trade (French No. 4) bought by Sunguard, Ilog (No. 5) bought by IBM, Viveo (No. 13) bought in December by a Swiss company, or Business Objects also in the Paris region, that represented about €1bn that was bought by SAP. And that explains also why “the Rhine-Main-Neckar region is growing its lead,” he continues. “This is mainly due to acquisitions by German companies, such as Software AG or SAP.” www.truffle.com
contributed by Graeme Vickery, OECD, Paris