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Person doesn't get European tech. They list Nokia, SAP, Ericsson and Volkswagen, all more or less dinosaurs.
by Gravityloss 3y ago
Person doesn't get European tech. They list Nokia, SAP, Ericsson and Volkswagen, all more or less dinosaurs.
- drcwpl 3y ago... agreed some decline for Nokia - but still Nokia revenue for the twelve months ending September 30, 2023 was $25.646B... SAP forecasted to range from €29.0 to €29.5 billion at constant currencies, up from €26.93 billion in 2023. Ericsson revenue for the twelve months ending September 30, 2023 was $26.263B. Not quite dinosaurs if they integrate GEN-AI into SAP and telecoms capture 5G licenses... but I agree they lost significantly from where they were ... we need more Spotify's, and major innovative ideas - but then how to get the investment capital and skills - I think that the EU will see a massive job losses in the coming 2 years (eg call centers) --- maybe the dinosaurs will turn around - By the way it still stuns me that US companies such as HP and IBM are such big companies