Event Recap: Deveit at Riga Comm 2023

In the first week of October, the Deveit team was proud to participate in the Riga Comm 2023 conference, a two-day event that ranks among Europe’s foremost events in the technology industry. This conference also performs as the largest business technology fair in the Baltic region.

In this article:

• About Riga Comm 2023
• Key Takeaways
• Summary

About Riga Comm 2023

Held on October 5-6 at the esteemed International Exhibition Centre Ķipsala in Riga, Latvia, this annual Baltic Business Technology Fair attracted up to 3,000 attendees. Among the participants were purpose-driven entrepreneurs from diverse sectors, government leaders, industry experts, professionals in IT and other sectors. The event offered a valuable opportunity to explore the latest offerings from digital service providers from the Baltics and beyond. It also provided a platform for consultations with dedicated specialists to identify digital solutions tailored to businesses and organizations from various industries. The conference featured three presentation stages, each focusing on various themes over the course of two days. These themes were dedicated to a few areas such as ecommerce, fintech, cybersecurity, digital & B2B marketing, machine learning, HR, management, women in tech, web3, and more. Renowned industry leaders including Vilius Kavaliauskas, Marketing Cloud Lead for Baltics at Salesforce; Anri Leimanis, AI Researcher at RSU; Thomas Anglero, Nordic CTO & Innovation Officer at Cognizant; Jana Trapane, COO at Mitigate; and other speakers performed at the event with their valuable insights.

Key Takeaways

1. The IT industry is evolving at a rapid pace, and it’s crucial for businesses to embrace digital solutions to stay competitive and address contemporary challenges effectively. The demand for innovative technologies, cybersecurity, and digital transformation continues to grow, emphasizing the need for businesses to invest in their digital infrastructure and keep up with the ever-changing technological landscape. By doing so, organizations can harness the full potential of the IT industry to drive growth, efficiency, and resilience in today’s digital-first world.
2. There is an undeniable importance of ecommerce in today’s business landscape. Ecommerce’s growth rate worldwide is expected at 9.4% in 2024. With the rapid shift towards online shopping and digital marketplaces, businesses must prioritize their ecommerce strategies to remain competitive. From optimizing user experiences on ecommerce platforms to embracing digital marketing techniques for customer engagement, ecommerce is no longer a choice but a necessity for businesses looking to reach wider audiences and drive revenue growth.
3. Cybersecurity is the next tech trend. With the rise in cyber threats and data breaches, cybersecurity has emerged as a top concern. An increase in mobile hacking and automated attacks generated by AI has been noticed recently. Businesses and organizations need to invest in robust security measures to protect their digital assets and customer data. It is estimated that there will be 3.5 million unfilled cybersecurity jobs by 2025. Currently, only 20% of women work in this field.
4. AI is one of the fastest-growing industries in the world today. There are approximately 50-60% of organizations using AI-centric tools, and this number is only expected to grow. In healthcare, the use of AI will grow enormously, in areas such as diagnostics, treatment, drug discovery, and medical research. The use of technologies such as AI, machine learning, deep learning, and NLP is likely to grow in various industries as we progress toward a digital, more automated future. AI becomes increasingly important in businesses as it improves efficiency, supports data-driven decisions, and ensures competitiveness.

Maria Vasiukovich, a WordPress developer at Deveit, attended Riga Comm 2023 and shared her experience: “We had the opportunity to engage with a considerable number of individuals, each presenting unique business challenges. Visitors expressed a keen interest in our booth, approaching us to explore our technical partnership expertise. Through our conversations, we gained valuable insights into their specific needs.” Maria works at Deveit for almost one year. In addition to WordPress development projects, Maria also participates in technical support for marketing agencies, Shopify, and BigCommerce projects.

Summary

Riga Comm 2023 presented an exciting opportunity for the Deveit team to reconnect with the European community, share our expertise, explore new avenues for collaboration and meet professionals in the IT sector. With an attendance of up to 3,000 participants, it was evident that the digital industry is on growth and in high demand. The event also demonstrated the digital industry capacity to identify and address the current challenges faced by the community, offering tailored and effective solutions. We are thankful to everyone who visited our booth, and we eagerly anticipate further engagements within the ecosystem at future events.