Poland is the emerging tech hub of Europe, says STX Next

In recent years, Poland has surfaced as a leading location for technology investment, start-ups and entrepreneurial talent in Europe. This is according to Maciej Dziergwa, CEO of Europe’s largest Python software development company, STX Next. Dziergwa firmly believes that Poland’s recent economic growth, wealth of software development talent and appeal to venture capital firms cement its place as a promising European tech hub, and is full of optimism for its future.

The economic growth in Poland has seen the country spearhead a series of technological innovations and advancements. Poland’s IT industry constitutes about 8% of GDP, employing over 430,000 people. Poland is the largest economy in central and eastern Europe with 30% share of total GDP and 25% of the population.

Dziergwa said: “Poland’s status as central and eastern Europe’s technological beating heart has been well-recognised by those inside the industry for some time. As of 2022, market leaders such as Google, Samsung, Facebook, Amazon and Intel have set up shop here, alongside more than 500 other R&D facilities.

“For new founders and established players, young developers and team leaders, Poland is a hotbed of opportunity. The technology market is thriving, and the country is ready to play its part in growing the global tech economy” says Dziergwa.

The country’s collective IT expenditure grew by nearly 17% in 2021, totalling more than $20 billion. Below, Dziergwa outlines the factors that he believes are behind Poland’s rise as a major tech hub in Europe.