Netcompany Snippets #24

The format is simple: six stories delivered to you every four weeks, with three highlighting the innovations and challenges within Netcompany, and three showcasing important perspectives from outside our walls.

Let’s go.

Things we were inspired reading this month?

Plans for growth??

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The EU is (still) not competitive – but there’s a way out?

?The productivity gap between the EU and the US is largely explained by the tech sector?,? Mario Draghi writes in the EU’s new report, The future of European competitiveness.??

The result? ?The EU is entering the first period in its recent history in which growth will not be supported by rising populations.???

The remedy? Start with closing the innovation gap with the US and China.?

Read the full report, and the full proposed solution, here.?

?The sources of its current sclerosis are easy to identify??

Like the EU, the UK is caught in a low productivity trap. Escaping it, however, is purely down to choice, write Ben Southwood, Samuel Hughes, and Sam Bowman in a new report.?

?The fundamental thesis of this essay is that Britain can have rapid economic growth in the near future, swiftly catching up with the world’s most prosperous countries. It can do this because the sources of its current sclerosis are easy to identify and straightforward, in principle, to fix.??

Do you want to do your own podcast??

Four quick news from the rapid world of AI?

You can now autogenerate a podcast based on a piece of writing. OpenAI seeks to remove non-profit control. California senator Gavin Newsom vetoes much discussed AI Safety Bill. On the philosophy side, Ben Thompson argues that AI returns tech to its enterprise computing and back-office automation roots.?

News from home

We’re bringing Ukraine closer to EU Membership amid war?

The New Computerised Transit System (NCTS) Phase 5 is mandatory for all EU Member States. We have successfully implemented the system for Ukraine’s State Customs Service, ahead of many EU member states.?

This not only brings Ukraine closer to EU integration, but it also demonstrates that vital infrastructure can be developed and expanded even during wartime.?

Read the full story here.?

We’ve secured our largest contract yet with the Ministry of Foreign Affairs of Denmark?

We’re proud to announce that we’re the sole service provider for a framework agreement with the Ministry of Foreign Affairs of Denmark. The agreement covers consultancy and analysis, development, support, and maintenance of selected IT systems.??

The contract is worth potentially DKK 228 million and spans over the next four years.?

Read more about the recent win here.?

We help combat tax evasion?

Every year, OECD countries lose billions of Euros due to tax avoidance by multinational groups. We’re helping address this issue with our new component for GLoBE.?

GloBE – the Global Anti-Base Erosion Model – is an agreement ensuring that all multinational companies pay a minimum tax of 15% regardless of location?

Our new component manages all related tax management activities.?

You can read more about our offering here.?