Zitec

Many companies in the financial industry are adjusting their strategies as neobanks, traditional banks, and smart banks compete for #market share. Each is using #technology to enhance the banking experience, focusing on efficiency, security, and innovation. Lucian Daia, our CTO, along with other fintech leaders, discusses why and how neobanks decide between using cloud-based Banking-as-a-Service (BaaS) platforms like Mambu or Engine by Starting, or creating their own systems for greater #customization and control. Find out more in the article below. #fintech #baas #cloud #neobanks

It’s never a bad idea to plan in advance for the biggest shopping weekend of the year. If your marketing strategies are effective (and our Digital Marketing Team can help with that, wink wink), website traffic typically skyrockets, which is a good thing—as long as the sites don’t crash. This issue can affect even the largest online retailers, as predicting the exact amount of traffic during the event is nearly impossible. While people hit the refresh button and complain on social media, companies struggle to manage the downtime, with every minute of interruption meaning lost revenue and reputation. For example, Business Insider estimated that J.Crew’s 150-minute website crash on Black Friday 2017 cost the company $700,000 in lost sales. This is where advice from Marius Gherghe, our Continuous Improvement Services Director, comes into play: ‘Train hard, run easy.’ Effective pre-event planning is essential for major retailers. If you're interested in how our cutting-edge technologies can benefit you in this area, we're just a message away ⏩ https://lnkd.in/g8bT8_Hq #business #website #traffic #blackfriday #cybermonday #downtime

Alex Lăpușan, our CEO & Founding Partner, spoke with Economica.net about the drop in digital transformation investments and its effects on the Romanian IT sector, where many companies are facing difficulties. Even with the current slowdown, Romania still has potential in the European IT market, with optimism for a brighter future. Check out the full interview below for his thoughts on investments, talent, government support, and the future of the industry. P.S. Share your views on the IT sector’s current state in the comments!

We’ve just taken another significant step towards a fairer and greener Romania through our partnership with the Ministry of Environment (Ministerul Mediului, Apelor si Padurilor)! 🌳 This collaboration between Google Cloud, MMAP, and us builds on the success of last fall's pilot project, which focused on advanced data analysis from the SUMAL 2.0 application in November 2023. During the pilot, we processed 400,684 transport notices and 1.6 million photos in just three days using #Google solutions. Without this technology, it would have required a team of 125 people and taken ten times as long. Our solution uses 49 parameters and advanced #algorithms to not only identify elements in images but also reveal complex relationships and hidden meanings. The impact has been impressive: fines totaling 3.84 million lei were issued, and 1,038 cubic meters of wood worth 281,000 lei were confiscated. This project not only pays for itself but also adds a significant surplus to the state budget. 📈 A big shoutout to our partners at Google—we’ve been innovating and making a real impact together for over 10 years, and we're excited about what’s next. For more information on the goals of this partnership for the year ahead, as well as details on the budget and #technology involved, please refer to the press release in the comments below (available in both English and Romanian). This is how we #makeitsoftware! #publicsector #zitec #deforestation #sustainability 

We’ve just taken another significant step towards a fairer and greener Romania through our partnership with the Ministry of Environment (Ministerul Mediului, Apelor si Padurilor)! 🌳 This collaboration between Google Cloud, MMAP, and us builds on the success of last fall's pilot project, which focused on advanced data analysis from the SUMAL 2.0 application in November 2023. During the pilot, we processed 400,684 transport notices and 1.6 million photos in just three days using #Google solutions. Without this technology, it would have required a team of 125 people and taken ten times as long. Our solution uses 49 parameters and advanced #algorithms to not only identify elements in images but also reveal complex relationships and hidden meanings. The impact has been impressive: fines totaling 3.84 million lei were issued, and 1,038 cubic meters of wood worth 281,000 lei were confiscated. This project not only pays for itself but also adds a significant surplus to the state budget. 📈 A big shoutout to our partners at Google—we’ve been innovating and making a real impact together for over 10 years, and we're excited about what’s next. For more information on the goals of this partnership for the year ahead, as well as details on the budget and #technology involved, please refer to the press release in the comments below (available in both English and Romanian). This is how we #makeitsoftware! #publicsector #zitec #deforestation #sustainability 

Did you catch the Perseids meteor shower last night? It was an amazing sight & we totally get why everyone's talking about it. There's something truly special about disconnecting to reconnect with nature, right? That's exactly what our Hiking Tribe did last weekend, too, with a getaway to the Bucegi Mountains. It's one of those moments where work takes a backseat to laughter, shared stories, and hiking. We love seeing our teams bond over shared passions outside of work - maybe next time a guitarist from the Music Tribe will join, or someone from the Book Club to share stories—or we might even see what the Sailing Tribe can add to the mix. 😂 Until then, remember to keep people at the core of what you do—it’s what fuels excellence, performance, and innovation in all projects. This is #lifeatzitec. #team #passions #employerbranding 

Leadership comes in all sorts of ways and lessons can be picked up no matter the context. Mihail MUSAT, our Managed Services Director, is taking us on his own journey, reflecting on how he’s grown as a leader since 2000. In his latest chapter, 'From Good to Great,' Mihail talks about his time at Zitec. It’s definitely worth a read, and you can find it right below ⬇️. We’re really proud of Mihail and how he continues to grow. As one of our colleagues said, 'I’m glad you’re diving deeper into your studies with the Executive MBA. I believe it will help you take on even bigger challenges soon.’, well… we couldn’t agree more! Happy to support everyone in our community on their learning journeys, every step of the way. This is #lifeatzitec. 🚀

If you see our crew eating pickles after a race, it’s self-explanatory… we’re taking the gold medals home! 🥇 We haven’t joined the Olympic Games (yet!), but our Sailing Tribe attended a very important race this weekend: the 4th of 5 stages in the Romanian Cup. One coastal race and three inshore races, filled with adrenaline, coordination, maneuvers, and good vibes later, our team secured the podium we’ve been on since the first stage. It may seem hard, but our crew always says it’s easy with the right people around. The secret ingredient is listening to one another and taking everything that happens on the boat with a pinch of fun and many pinches of constructive feedback. Plus, our lucky charm, White Rabbit. Congrats to our sailing crew - you have been nothing short of amazing. See you at the next race in two weeks! P.S. Have you seen the Mirro.io boat? We knew unicorns could fly, but we never imagined they could sail and challenge our fast White Rabbit this much… 😁 #sailing #lifeatzitec #teamengagement #employerbranding 

What's better than the smell of a freshly printed magazine? Seeing familiar faces in it! Elisabeta Moraru, Country Director at Google for Romania, Moldova, Bulgaria, and Hungary, and Lucian Daia, our Chief Technology Officer, were interviewed by Progresiv to discuss #AI beyond the hype. 🤖 Using AI doesn't have to be all-or-nothing. First, it's important to figure out what your #business needs – whether it's keeping customers coming back, reducing abandoned #shopping carts, or increasing sales. Whether it's features for customers like personalized recommendations and chatbots, or things like better inventory management, starting with a Proof of Concept (PoC) is key. Creating these scalable PoCs is where tech partners like Google and us, with our experience in different situations, technologies, and data sets, can save you a lot of time and money. Read more in the magazine, or on Progresiv’s website. Link in comments. #PoC #retail

As rules and technology change in Europe’s financial and banking industries, new #fintech trends are making the market more competitive than ever. Looking ahead to 2025 and beyond, the financial services sector is expected to change a lot due to new ideas, a focus on customers, and new #regulations. 📈 We’ve found 7 #trends that are set to change the industry. While LinkedIn only lets you vote for 4, you can check out all 7 (plus a little extra) in our blog post below. Read it and let us know what you think!  https://lnkd.in/gBApwFxp #defi #openbanking #esg #neobank #zitec