According to the study Big Data in Catalonia, 61.4% of companies are less than ten years old and 38.2% of these companies are startups. Furthermore, 35.5% of the companies have a turnover of more than one million euros and 12.7% have a turnover of more than ten million euros.
It is also worth mentioning that within the Catalan value chain 64.1% of companies are dedicated to data analytics while the remaining 38.2% are technology providers. The ecosystem itself is also supplemented by companies with sector-based vertical applications, including those dealing in e-commerce and in health. You can search our database to find Catalan suppliers in the Big Data sector.
A focus for new investment in Catalonia (Southern Europe)
As regards FDI, between 2016 and 2020, Catalonia (Southern Europe) has proved itself to be the leading investment region in Spain with 71% of all capital invested, which translates into 33.3% of FDI projects, and 43.7% of jobs created. These investments largely came from the US, Great Britain, Switzerland, and Japan. Examples of the companies behind these investments are Zurich, Everis, Ocado, and Red Sift.
An active ecosystem
Supporting the industry in Catalonia one can find a wide range of technology and research centers such as the Catalan technology center, Eurecat, and the Centre Tecnològic de Telecomunicacions de Catalunya (CTTC), a non-profit research institution.
Furthermore, two smart labs involved in this field are the Barcelona Autonomous University Research Park and The Collider, an innovation program of Mobile World Capital Barcelona.
Barcelona (Catalonia) also hosts various events in the area such as the IOT Solutions World Congress, the Smart City Expo World Congress, and the AI & Big Data Congress. Furthermore, the sector enjoys the active support of the public administration.