Technology

European software sector at critical ‘inflection point,’ warns McKinsey

Europe has a unique chance to lead in software — but only if it improves its ability to turn startups into profitable businesses. That’s the conclusion of a new report from McKinsey and Boardwave, which warns that unless the region tackles structural barriers, its startups will continue to lag behind global rivals. The report, Europe’s Moonshot Moment, found that the continent has over 280 software companies generating more than €100 million in annual recurring revenue (ARR). These scaleups include the likes of Spotify, Revolut, Adyen, and Vinted. However, European software businesses that reach the €100 million ARR threshold take 15…This story continues at The Next Web

Shake and stir with agent AI, humanly - ETCFO

Agentic AI is evolving with standardized architectures, enabling autonomous operation and complex problem-solving. Enterprises are automating workflows, requiring multi-agent frameworks, coordination systems, and common communication languages. Human supervision remains crucial, with regular intervention points needed to maintain control and ethical considerations. Companies should strategically adopt agentic AI, starting with low-skill processes while prioritizing human feedback.

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