Spain has always been good at one thing, exploiting the sun. Some years ago, we decided to "diversify" and get into real estate. We all know how that ended.
During the economic crisis, many in Spain criticized this mono-industry strategy. We needed more diversification and the government promised to power other value added industries. Nothing happened.
Meanwhile, the technology industry has been slowly but steadily growing in the country, from an early agrarian ecosystem of e-commerce businesses to a more industrial and services-based Internet economy.