The Greek IT market is currently at a critical crossroads. Following a period of intense activity fueled by the Recovery and Resilience Facility (RRF) funds, major industry players are now challenged to prove the sustainability of their business models in an environment without the "safety net" of massive public projects. In this context, Cosmos Group, under the leadership of Dimitris Dafnis, has presented an ambitious yet methodical plan aiming for a turnover of €128 million by 2030.

The Post-RRF Challenge

For Cosmos Group, as for the entire domestic technology ecosystem, the big question is not whether growth will exist, but how it will be sustained once the taps of European funding begin to close. Mr. Dafnis, during the company's annual presentation, was clear: the next day requires a shift toward the private sector and investments in value-added services. Reliance on public projects, while profitable in recent years, carries risks of stagnation if not accompanied by a broader digital transformation of Greek enterprises.

The company's strategy is based on the premise that Greek businesses, from SMEs to large industries, still have a long way to go to reach European levels of digitalization. This is exactly where Cosmos Group identifies its future growth, offering solutions that are not limited to hardware sales but extend to cloud services, cybersecurity, and artificial intelligence.

The Roadmap to €128 Million

The €128 million target for 2030 is not a random figure but the result of a careful analysis of market trends. To achieve this, Cosmos Group plans to strengthen its presence across three main pillars: the Greek market, the Cypriot market, and international partnerships. Cyprus, in particular, serves as an important testing and development ground, acting as a bridge to the wider Middle East region.

  • Private Sector Strengthening: Focusing on banking, energy, and retail.
  • Portfolio Expansion: Developing proprietary software solutions and Managed Services.
  • Strategic Acquisitions: The company remains open to acquiring smaller, specialized firms that can offer expertise in niche markets.
"Information technology in Greece is no longer a supporting function but the central pillar of the national economy. Our 2030 goal reflects our belief in the potential of Greek entrepreneurship," noted Dimitris Dafnis.

Artificial Intelligence and Human Capital

One of the most significant obstacles facing Cosmos Group, and the industry at large, is the shortage of specialized personnel. The "war for talent" is fierce, and the company is systematically investing in the training and retention of its executives. The integration of Artificial Intelligence (AI) into the company's internal processes, as well as into the solutions it offers clients, is a central part of this effort. AI is not viewed merely as a new product but as a productivity enhancement tool that will allow the company to manage a larger volume of projects with its existing team.

In conclusion, Cosmos Group seems to have realized early on that the "subsidy party" has an expiration date. Preparing for the transition to a more mature, competitive, and outward-looking market is the key to achieving its financial goals. 2030 may seem distant, but for a technology company, the future is built with today's investments in infrastructure and people.