One sparkling example is Peak Games, a Turkish social gaming company that claims nearly 10 million daily active users, making it the third-largest social gaming platform in the world. The growing Turkish sphere of influence in the region will enable other digital content companies to grow rapidly and play their part in the rising digital economy .
Finally, I should note the most critical underpinning of this bullish outlook: the talent base to drive this growth. Here there are two factors: The strong technical education system of the country, and the reverse brain-drain that has begun shifting top-tier talent back from the U.S. and Europe.
According to the IMD World Competitiveness Yearbook , Turkey ranks above Poland, Romania, Hungary and Bulgaria in the availability of qualified engineers. The increasingly vibrant ICT environment in the country has started to attract back the best and the brightest Turkish technical talent from graduate programs and top technology companies abroad.
Last year saw the first major exit of a Turkish technology startup to a global strategic buyer, when eBay acquired GittiGidiyor, the leading Turkish e-commerce platform, which was followed by Naspers’ acquisition of Markafoni.Page 3 of 4 | Prev Page | Next Page