The Czech Republic is one of Europe’s top locations for ICT investments. Repeatedly recognized by various researchers, this fact is confirmed by the strong inflow of high-value-added projects of the world’s top ICT companies and is fuelled by the country’s tradition of excellence in technical fields. The list of successful investors in the country includes Microsoft, Skype, DHL, Tieto, Red Hat, SolarWinds, IBM and many more.
Besides foreign investors, there are many ICT companies with Czech origins that are renowned worldwide for their products, such as Avast, GoodData, Y-SOFT, Seznam.cz, Socialbakers and STRV, to name just a few. The Czech Republic is also home to several noteworthy research institutes and universities that have achieved many outstanding results and awards in the field of information and communication technologies. Every year, Czech universities produce more than 7,000 creative, innovative and skilled graduates from ICT study programs (Ministry of Education, Youth and Sport, 2017).
Thanks to investments in infrastructure, Czech regions other than just Prague are gaining attractiveness, especially in the ICT sector. Brno, the second largest city in the Czech Republic, is considered to be the Czech IT hub, where companies’ needs are fulfilled by qualified professionals, R&D facilities and institutions, and advanced ICT infrastructure. Ostrava has been gaining importance in recent years and is on the path to greater international recognition thanks to projects such as IT4Innovations.
Every year, CzechInvest participates in many international trade fairs in the sector and its subsectors. We are often present at Gamescom and CeBIT in Germany, G-Star in South Korea, Japan IT Week, TechCrunch (San Francisco, New York), China Joy and many other events. We also cooperate with local companies, universities, start-up hubs and other bodies in order to learn from their experience and help improve the business environment in general.
Reasons to Invest
- Creative, innovative, experienced and skilled IT professionals
- Well-developed IT infrastructure, robust fiber-optic network
- Growing presence of leading IT companies, such as Red Hat, Microsoft, Skype, CA Technologies and Oracle
- World-renowned Czech companies, such as Avast, GoodData, YSoft, Socialbakers and STRV
- Successful start-ups and incubation centres
CzechInvest 2017