UBIFRANCE, the trade section of the French Embassy, hosted last night its annual Networking Cocktail at the French Résidence. Last night was also the official annoucement of the V.I.E Awards Winners : Angéli ne Dubois ( Société Générale ) and Capucine Pillu (Jameson - Pernod Ricard). Congrats to the m both for a great achievement.
From our 80 guests last night, 55 quizz cards were returned to us. However, only 49 cards w ere admissible as multiple entries were not allowed..... let’s give everyone a fair chance !
We are delighted to announce our three quizz winners :
- Jeanne DEYGUN (CACEIS )
- Jean-pierre TRAN (DEXIA )
- Félix JULIEN (EUROCHENE )
The winners will be contacted seperately.
For those curious enough, you will find below the anwers to our quizz:
In what year did Ireland join the European Union ? 1973
The pressure in a bottle of champagne compared to that in a tyre is? 3 times higher
Which famed Hollywood director of “The Quiet Man” was born Sean O’Feeney in 1894, in Spiddal County Galway ? John Ford
How many members were registered with the French Federation of Gaelic Football in 2013? 463
Halloween is derived from which Irish festival? Samhain
How high is Mont Blanc? 4 810m
We would like to thank everyone for attending our event, we hope you had an enjoyable evening and we look forward to working with you all again.
We also like to thank our sponsors Société Générale , AIR France and the CCEF for their generous contributions to the VIE awards.
Telecommunications ( 14
Ireland’s attitude to getting business done was considered one of the reasons Qualtrics, a research software company, decided to establish its European base in Ireland two years ago and it has expanded ever since.
Speaking at this year’s Web Summit, the company’s CEO and co-founder, Ryan Smith, said that having visited Ireland during previous Web Summits, he drew comparisons with Ireland and his home state of Utah which he believes had the ‘scrappy’ culture that manages to get things done.
This would appear to have been the case as since they first set up their office in Ireland, they have created hundreds of jobs in Dublin and are soon to expand into their new 26,000 sq ft office in Grafton Street.
Back home in their native US, the company is showing considerable growth since Smith and his father both started the company in 2002 from their home garage, having last September raised US$150m in Series B funding and has Microsoft, Fedex, Jet Blue and HP using its data survey, data collection and analysis technology.
Speaking of their model of data analysis compared with big data, Smith said, “There’s a lot of discussion around big data and organisations trying to line up, but the reality is that when they get to the end of getting that data sorted out, they typically already know what they’re trying to come up with. And the questions that they don’t have answers to, they still don’t have answers to it.”
Colm Gorey - Silicon Republic
Alongside the Dublin Web Summit, Mr Jean-Pierre Thébault, the French Ambassador to Ireland, together with UBIFRANCE has welcome more than 150 guests for the French Tech Night on the 4th of November.
The night was a real success ! French start-ups had the opportunity the meet with medias, investors and multinationals and promote the French talents.
UBIFRANCE, for the Dublin Web Summit, had selected 11 innovative French start-ups to exhibit during the trade show. Overall, there was around 120 French start-ups exhibiting at the Summit, divided by type of industries.
Contact us for more information on UBIFRANCE’s action on the Web Summit : marine.vicenzotti at ubifrance.fr
French cybersecurity firms increasingly successful in fast-growing market
Interview : Thibaut Barde, UBIFRANCE’s Project Manager for Digital Trust & Cyber Security,
In 2013, there was a 12% year-on-year rise in cybersecurity attacks, with nearly 60% of them causing either brand damage or direct revenue loss to businesses. This, coupled with highly publicized commercial and government breaches of IT security, has increased the demand for cybersecurity services. French companies are strongly placed in this growing market and their advanced solutions are in demand.
The 12% year-on-year increase in cybersecurity attacks that affected businesses in 2013 (Source: IBM 2014 Cyber Security Intelligence Index), regrettable as it may be, translates into the fact that the IT-security sector is experiencing sustained growth in this segment of the market. High-profile cases, such as the cyber-attacks on US retail chain Target, have raised awareness among business executives.
While US-based and British companies dominate current business in this sector, client entities are looking for alternatives in order to alleviate their worries of government intrusion. In this respect, French specialist companies are a strong contender in the eyes of many professionals and executives working for SMEs and start-ups, but also at established, larger groups: these clients are leveraging the French know-how stemming from top R&D centres and universities.
In 2013, the French cybersecurity sector was valued at more than $2 billion. The French network-security sector offers a wide range of services, including B2B IT solutions meeting strategic challenges, and comprises many world champions such as Atos, Orange, Sogeti, Bull, Cassidian and the cybersecurity division at Thales.
Thanks to their advanced technical research laboratories, more particularly in cryptology and encryption, French players are recognized worldwide. According to Thibaut Barde, UBIFRANCE’s Project Manager for Digital Trust & Cyber Security, “The reason for cutting-edge technology [thriving in France] is the quality of French universities in the field of engineering, which is known globally. Research laboratories associated with these universities train the best engineers of tomorrow.”
Secure IC SAS is a shining example of a company that has been working with top graduates having come out of the French educational system in order to become a thought leader in cybersecurity. Its platforms provide the highest level of security on a client entity’s embedded systems, preventing hacking and reverse engineering as well as protecting intellectual property and proprietary data. In 2013, Secure IC SAS won a Sesame Award for innovation in the manufacturing and testing of IT products.
French start-ups and SMEs have developed out of a strong domestic talent pool and many have decided to join forces under the HexaTrust label, which regroups 20 hi-tech SMEs that are keen to offer a co-ordinated, total service package to their clients. These software vendors and integrators provide a full range of products and services dedicated to the protection of the critical infrastructure of businesses and institutions from cyber-attacks. The HexaTrust umbrella group’s portfolio of current and potential clients is diverse and growing, including businesses and public-sector agencies of all sizes.
Due to the dramatic increase in the level of sophistication and intensity of cyber-attacks, public- and private-sector investment in cybersecurity is growing fast and is expected to rise by nearly 10% per year between now and 2017. This trend illustrates the promising opportunities that exist for a large business looking for a new market, or for a dynamic SME scaling up a new product.
Thibaut Barde of UBIFRANCE Paris explains that, “France’s distance from recent scandals [involving the international and covert collection of data by various government agencies, as revealed in the media] is favourable for French players since awareness on the use of data takes place at a global level. This has helped to build the profile of the industry and has generated increasing concerns for [the security of] personal data, which is a real asset for the French in particular: it is important when it comes to data-storage companies, among others.”
Many French companies in the sector are choosing to develop an international business outlook. French players have strong opportunities to seize in this market thanks to their technological expertise, combined with the diversity of products and services they can offer.
UBIFRANCE is here to help, with a strong presence at next year’s Infosecurity Europe trade event, where there will be as many as 15 French companies looking to expand their presence into the British market and other European markets. Infosecurity Europe will take place from 2 to 4 June 2015 at the Olympia exhibition centre, in central London (UK).
For further information about the trade show, please go to: http://www.infosec.co.uk/
For further information about UBIFRANCE, please go to: http://www.ubifrance.com/
Further information about French companies:
> Electronics and IT
> Telecommunications and Space
Electronic and Computer ( 21
France is a country particularly appealing to technology startups. This goes especially for companies doing predictive analysis using Big Data such as PrediSis, a startup launched a year ago and working with distribution, e-commerce, and bank-insurance companies. Jean-Louis Fuccellaro and Bertrand Grezes-Besset, co-founder of PrediSis describe the reasons making France one of the greatest location for startupers.
When talking about startups and technologies, France isn’t usually the top of mind. When leaders of the sector are in the US and London is the second world financial center, France offers key succes factors that can make the difference for tech companies.
France is one of the only country benefitting from both highly qualified and educated engineers as well as a support from public authorities encouraging innovation.
Most of the market is located outside of France, often in the US when taking into account the biggest players but being a startup using the web means forgetting about geographical barriers and being able to work from anywhere. Thus, location of the market shouldn’t be the most important aspect when choosing a place to launch a startup, resources should be. France has it both: capital and human resources.
Engineering is a strong suit for France. The average level of its engineers is high. PubliSis partners can take their many years managing international teams as a proof. Moreover, trainings usually include a strong culture in software engineering and mathematics as well as a theoritical base which is quit unique. Young graduates are capable of developing skills and know how to adapt to new technologies. For instance, Big Data, implies a development strategy that is absolutely new. Having talents at the cutting edge of technology, France is part of the world leaders in this sector.
Moreover, public authorities in France are supporting innovation and technology. The government is well-aware of the importance of the tech sector for its economy. As a result, many organisations and mecanisms can be used by companies to raise funds and invest in R & D giving them a distinct comparative advantage.
Founded in June 2013, PrediSis is located in Lannion, France by Jean-Louis Fuccellaro (former CEO of Orange Labs in the UK) and Bertrand Grezes-Besset (from Orange Business Service and n°2 of Sofrecom, international consulting firm).
On the 11th of June 2014, UBIFRANCE Ireland took part of France Digitale Day #2, a major tech event gathering a digital ecosystem of 1000+ participants including Startups, business angels, VCs, groups etc. This event, hosted in Carreau du Temple in Paris, by France Digital Day team, was aiming at bringing together innovative start-ups as well as success stories within this industry such as Criteo or Air BnB. Different conferences were run throughout the day with inspirational speakers and debates. It was an amazing event!
According to Rude Baguette, last year, France Digitale demonstrated yet again its ability to mobilize and inspire France’s tech ecosystem with their hugely successful first France Digitale Day , which welcomed over 800 participants and pretty much every key mover and shaker in France’s tech ecosystem. This year’s edition, #FDD2, was even more ambitious and successfull.
“Thinking bottom-up and not top-down for more agility. Thinking globally to make digital economy the pillar of a strong European single market, and harmonize international rules and nurture cooperation. France Digitale’s ambition is to build the road to growth for French and European startups. Sky is the limit!”
Marie & Olivier, the co-founders.
Sources: Trista Bridges (Rude Baguette), France Digitale Day.
Interview : Alain CIMAZ, Retailing and Services Department Project Manager at Ubifrance
We all use e-commerce (and some of us all of the time), but do we fully realize in our economic crystal balls what the virtual universe of the Internet can do for a business? France does, to the tune of €51,1billion in 2013.
With broadband internet feeding households like never before, this trend is accelerating, up 13.5% this past year, even while traditional sales outlets are declining. Naturally, French e-commerce is part of a European phenomenon: sophisticated, well-educated consumers shopping and comparing on-line, whether it is for train tickets, fashion items, books and downloaded films, not to mention concert tickets or even electronic products and vacations. In fact, France finds itself positioned right in the middle of more mature on-line markets such as the UK and Scandinavia, while catering to fast-growing cyber-markets in Southern Europe.
Impressive numbers – and then there’s Christmas!
The typical cyber-consumer in France spends on average €1400 annually, with a choice spanning 138,000 merchandizing sites, clicking to satisfy 33.7 million purchasers, each one with his or her own very personalized criteria. This represents a 17% growth rate for the number of sites in 2013, fueled by a rise of 5% in on-line buyers last year. Christmas frenzy often spells financial success for many e-commerce sites. For France, December 2013 accounted for a whopping €10 billion of the year’s total results.
The Best in Class go international
15% of French sites export, generating 10% of their sales internationally. The really successful sites, representing over €10 million in turnover, are able to boost these international sales by up to 20% of their total turnover. For 2013, the champions are Vente Privée, with €1,6 billion, Showroom Privé, €350 million, Sarenza at €150 million and in 29 different countries, while Spartoo out-does them by €130 million in 20 countries throughout Europe.
Traditional companies such as Darty, Auchan and even Air France have grasped the importance of developing interfaces with e-commerce, selling cross-channel, from virtual to POS (Place of Sale). Tourism is an especially heavy-hitter, with Opodo and Go Voyages receiving avid travelers. Even SNCF-Voyages is also getting into the trend with offers covering car rentals and hotels, not just trains, and not just trains in Europe! E-commerce allows companies to envision doing business in entirely refreshing and international ways.
In B to B, the office supplies segment is active, with Bruneau and Viking modeling their entire business on-line, a lesson not lost on Manutan for its equipment.
The rules to play by
With smart-phones now in every pocket, French companies are alert to adapting to international opportunities: respecting local-country consumer legislation, marketing with multi-lingual sites, regularly upgrading to be ergonomic, enriching their offers constantly. The usual rate of transformation from visit to virtual shopping cart is 2.5%; so New Age merchants must be quick to adapt to this new breed of impatient, demanding clientele. The e-consumer wants easy, practical and totally secure payment solutions ranging from credit card to Paypal. They also expect EU legislation on profiling and reimbursements to be strictly adhered to by the e-commerce site.
Up and coming events where Ubifrance can leverage exhibition opportunities for French e-commerce companies will be in Milan on May 20 th , in the UK and Ireland, from September 16 – 18 th , followed by San Paolo, October 6 – 7 th , with BtoB meetings dedicated to private sales.
For Further information about French companies in the e-commerce Sector :
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> Telecommunications and Space
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> Audiovisual content, Multimedia
Services ( 4
UBIFRANCE, the French agency for international business developement, comes under the aegis of France's Ministry for the Economy, Industry & Employment. UBIFRANCE lies at the heart of France's public-sector export support framework.