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EY Romania launches EY wavespace Bucharest business incubator

EY Romania is opening a local center EY wavespaceTM in Bucharest, as part of the innovative initiatives focused on the development of digital solutions for growing companies.

All those over 40 locations of the network, located in large cities such as Amsterdam, San Francisco, Madrid, Berlin or Hong Kong, are based on a platform that combines the EY expertise in disruptive technologies such as the artificial intelligence, RPA, blockchain, intelligent data analysis or cuber security, with the EY expertise in various fields like financial services, energy, retail, etc.

Designed as an innovation center based on solutions, EY wavespaceTM Bucharest has a team consisting in over 100 people, experts in computer engineering, design, consultancy or data analysis.

The specialists intend to come up with solutions meant to solve business challenges in the digital era, starting from various technologies and business models.

The EY wavespaceTM center in Romania is the only one in the EMEIA region that is focusing on Intelligent Automation.

„Romania is a major digital hub, with the human capital’s specialization enabling the opening of such a center of excellence in Romania. Through this initiative we intend to endorse the transformation process that many companies are going through, by helping them quickly adjust to the market changes,” said Bogdan Ion, Country Managing Partner EY Romania.

Along with the launch of the wavespace, EY is also introducing a new innovation practice within the company. Using its own tools, such as EY Cognistreamer, EY is providing a business model simulator that helps the executives ask questions, as well as create and design new business patterns and business solutions prototypes in a predictive way.

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