Everything that is happening now in the world was completely known and predicted since the 90's (energy and demographic crisis, China's rise, even decline of the West). Large projects were designed and implemented to combat these (with names in Germany like Innovation, Leistung, Kompetenz). But the results weren't enough and only mediocre.

In a nutshell: Germany, like almost all of Europe, cannot innovate, not only in IT but in any intelligence-intesive sector. We will remain stuck in traditional industries and hope at least to reduce our dependency on the US. Hopefully, this last need will help Europe keep its domestic market and maintain its quality.