Information technology - Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Tue, 26 May 2026 23:01:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png Information technology - Diplomacy & Trade https://dteurope.com 32 32 AI Economic Value Could Mean 6–7% of Hungary’s GDP by 2030 https://dteurope.com/information-technology/ai-economic-value-could-mean-6-7-of-hungarys-gdp-by-2030/ Tue, 26 May 2026 14:32:00 +0000 https://dteurope.com/?p=79915 According to estimates by the McKinsey Global Institute, artificial intelligence could bring at least EUR 15 billion in automation potential to the Hungarian economy by 2030, which corresponds to 6-7% of GDP, but the total impact on the national economy could be greater if increased productivity also enhances the economy’s regional competitiveness. According to a […]

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]]> Microsoft: Hungary Leads the Visegrád Four in AI Use https://dteurope.com/information-technology/microsoft-hungary-leads-the-visegrad-four-in-ai-use/ Sun, 24 May 2026 12:16:00 +0000 https://dteurope.com/?p=79884 Hungary ranks 19th globally in the use of artificial intelligence, according to a Microsoft survey covering 147 countries, and among the Visegrád countries, Hungary has the highest rate of artificial intelligence usage, MTI reports. According to a Microsoft announcement, 32.2% of the working-age population in Hungary used artificial intelligence in the first quarter of 2026, […]

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]]> Magyar Telekom Wins Gigabit Hungary Program Tenders https://dteurope.com/information-technology/magyar-telekom-wins-gigabit-hungary-program-tenders/ Mon, 27 Apr 2026 14:29:00 +0000 https://dteurope.com/?p=79309 Magyar Telekom has won tenders in a program to undertake gigabit network investments in 16 counties with around HUF 20.3 billion in European Union funding, the company said on Monday. Using these non-repayable EU funds, a fiber-optic cable system providing state-of-the-art internet and TV services will reach an additional 118,000 locations. The planning and permitting […]

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]]> Hungarian-developed Cybersecurity Platform https://dteurope.com/information-technology/hungarian-developed-cybersecurity-platform/ Sat, 14 Mar 2026 10:27:00 +0000 https://dteurope.com/?p=78520 Alverad Technology Focus Ltd.’s AI-powered cybersecurity auditing and consulting platform could strengthen digital resilience, the company told MTI. Under the Széchenyi Plan Plus program, the company received a non-repayable grant of HUF 209.53 million to create the system through a call for proposals supporting the market entry of digital economy players, citing growing cyber threats […]

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]]> NNG Launches HUF 8 Bn R+D Investment https://dteurope.com/information-technology/nng-launches-huf-8-bn-rd-investment/ Sat, 14 Mar 2026 07:56:00 +0000 https://dteurope.com/?p=78517 Hungarian navigation software leader NNG announces a state-backed next-generation AI navigation program, reinforcing Budapest's position as a center for automotive software innovation. Twenty years ago, NNG was founded in Budapest in 2004 as an independent navigation software start up with a single product. Today, it's technology runs in 11 of the world's 14 largest automotive […]

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]]> Software Development Project by Neocons and CodeYard https://dteurope.com/information-technology/software-development-project-by-neocons-and-codeyard/ Thu, 05 Mar 2026 17:12:00 +0000 https://dteurope.com/?p=78363 Feed supplier Neocons and IT company CodeYard have been awarded HUF 248 million in European Union and state grant money for the development of an AI-powered business and production support software, Neocons told MTI. The aim of the development is to create an innovation-based, artificial intelligence-supported business planning and production support system that provides a […]

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]]> Hungarian Startup Recognized at US Fintech Awards https://dteurope.com/information-technology/hungarian-startup-recognized-at-us-fintech-awards/ Mon, 17 Nov 2025 09:38:00 +0000 https://dteurope.com/?p=76481 ICS Software Technologies, the American unit of Budapest-based startup CryptoSoft, took prizes in two categories at the US Fintech Awards in New York at the weekend, MTI reports. ICS Software Technologies took the Startup of the Year prize and the Web3 Award. Gabor Hellner, one of CryptoSoft's founders, told MTI that the company's Quantum Time […]

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]]> New Director at the Helm of Microsoft Hungary https://dteurope.com/information-technology/new-director-at-the-helm-of-microsoft-hungary/ Thu, 24 Jul 2025 09:26:00 +0000 https://dteurope.com/?p=74760 From September 2025, Gabriella Bábel will take up the position of managing director at Microsoft Hungary, the company has announced on its website. Over the past decade, Gabriella Bábel has held senior commercial management positions at Microsoft in Hungary and regional roles, and in 2018, she was also acting managing director of the company for […]

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]]> New Global Software Development Center by LTTS https://dteurope.com/information-technology/new-global-software-development-center-by-ltts/ Mon, 30 Jun 2025 20:33:52 +0000 https://dteurope.com/?p=74273 Thyssenkrupp Steering and L&T Technology Services have entered into a strategic partnership and will jointly establish a global software development center in India, the two companies announced on Monday in Budapest. In a joint statement sent to MTI, the two companies said that the partnership is a milestone for them in the implementation of modern […]

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]]> Top Learning Management Software from Budapest https://dteurope.com/information-technology/top-learning-management-software-from-budapest/ Sat, 07 Jun 2025 08:01:00 +0000 https://dteurope.com/?p=74415 More than 30-40 million students at over 8,000 institutions worldwide use the learning management system (LMS) developed by Hungarian experts at the Budapest base of the American educational technology company Instructure, the company told MTI. According to the announcement, the LMS system is used by Oxford, Toronto, and Ivy League universities in the United States, […]

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]]> 5G Will Be the Dominant Mobile Standard from 2026 https://dteurope.com/information-technology/5g-will-be-the-dominant-mobile-standard-from-2026/ Wed, 02 Apr 2025 09:35:19 +0000 https://dteurope.com/?p=73129 The global telecoms sector's revenues grew 4.3% in 2023 to reach USD 1.1 trillion, but it is still in a difficult position despite 5G subscriptions expected to quadruple by 2028, according to PwC's Global Telecom Outlook. As the world becomes increasingly reliant on digital platforms, artificial intelligence and digital infrastructure could play a key role […]

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]]> Digital Public Administration in Hungary Improving Fast https://dteurope.com/information-technology/digital-public-administration-in-hungary-improving-fast/ Thu, 12 Sep 2024 16:45:00 +0000 https://dteurope.com/?p=71152 The image of wandering through the maze of bureaucratic red tape: queuing, printing, scanning, filing and then waiting patiently for one's case to reach the relevant person. Naturally, people want the best customer experience for the tax they pay. The digitization of public services is a major contribution to this, the Budapest-based economic research institute […]

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]]> Technological Progress May Bring About New Security Risks https://dteurope.com/information-technology/technological-progress-may-bring-about-new-security-risks/ Sat, 13 Apr 2024 07:55:00 +0000 https://dteurope.com/?p=69992 With the spread of artificial intelligence (AI), information security experts' tasks now extend to managing the security risks associated with it, as intelligent devices and AI-enabled process automation also represent new exposures, the audit and consulting firm Deloitte said in a statement sent to MTI. Gergő Barta, chief AI expert in Deloitte's cyber defense practice, […]

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]]> MNB Tests AI in Banks and Insurance Companies https://dteurope.com/information-technology/mnb-tests-ai-in-banks-and-insurance-companies/ Wed, 13 Dec 2023 10:22:00 +0000 https://dteurope.com/?p=69021 The National Bank of Hungary (MNB) has for the first time carried out a thematic examination of the IT, privacy and other risks of artificial intelligence and machine learning used by banks and insurance companies, the supervision found no violations, but risks that need to be addressed, the MNB told MTI on Wednesday. According to […]

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]]> Vodafone and Bosch Launch 5G Automotive Project in Budapest https://dteurope.com/information-technology/vodafone-and-bosch-launch-5g-automotive-project-in-budapest/ Wed, 20 Sep 2023 13:52:00 +0000 https://dteurope.com/?p=67632 The Hungarian companies of Vodafone and Bosch have set up a joint project team for 5G-based automotive testing in Budapest, Vodafone told MTI on Wednesday. The project, which will start in October, will test the 5G network in the field of driver assistance systems and vehicle development, which Vodafone will provide to Bosch. The trial […]

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