PA Department of Community and Economic Development
The mission of the Department of Community and Economic Development (DCED) is to foster opportunities for businesses to grow and for communities to succeed and thrive in a global economy. Our mission is to improve the quality of life for Pennsylvania citizens while assuring transparency and accountability in the expenditure of public funds.
400 North Street Harrisburg Pennsylvania 17120 United States
The German market for IT security will continue to break sales records in the 2020 pandemic year. In Germany, for example, 5.2 billion euros are expected to be spent on cyber security hardware, software, and services – an all-time high and 5.6 percent more than in the previous record year of 2019. Further growth of 9.3 percent to 5.7 billion euros is forecast for 2021.
In many ways German public and governmental organizations as well as companies still face a lack of digitalization of manufacturing processes and data management that offers cooperation potential for US companies.
United Kingdom and Ireland
In the UK, the Cyber Security Industry reached £8.3 Billion in 2020, a 44% growth since 2017. Alongside GDPR industry adoption, this growth has been driven by several factors such as the UK’s technology sector, pro-innovation regulation, research and business-friendly environment.
Emerging security sub-sectors focusing on areas such as the Internet of Things, centralized systems that control and monitor infrastructure or facility-based processes, and post-quantum cryptography drive further growth as businesses develop their understanding of security issues. Within organizations at higher levels, leaders are looking for greater levels of efficiency, reporting, and clarity.
We explore where new opportunities are opening and which technologies can be exploited.
Israel and the Middle East
Pennsylvania companies have a wide choice of opportunities in the Middle East Cyber Security eco-sphere. Israel is home to over 300 active cyber security companies, with 150 founded since 2012. PA companies can participate in Cyber Week, a large annual international cybersecurity event, hosted each year at Tel Aviv University in Israel – this year planned for June 20 -24, 2021. There is also the Israel-U.S. Binational Industrial Research and Development (BIRD), which stimulates, promotes and supports industrial R&D and Homeland Security cooperation of mutual benefit to the U.S. and Israel.
In the Middle East, there is wide demand for cyber applications, to say nothing of local product development in its burgeoning hi-tech scene. Israeli and other Middle Eastern universities also seek various levels of cooperation and co-development opportunities for US companies, institutes and universities in a variety of cyber and related fields. Cyber-Tech Global is scheduled for April 2021 in Dubai.