Innovations from Austria for the Logistics SectorAt the present time there are many influencing factors which pose challenges to the supply chain and logistics management. Solutions in this area are frequently developed by startups, also from Austria. Several of them will present their innovations at the Austrian Logistics Day and Logistics Future Lab.
Startup hotspot Austria continues to gain momentumAustria has been a popular startup location for many years due to numerous incentives. This month, for the eighth time, the Vienna Hofburg hosted the international Pioneers Festival. Once again it became clear that the Austrian startup scene is getting more mature and more international. Both for early and for growth phases, further funds have now been . . .
Energy Startups Find Good Starting Conditions in AustriaAustria is one of the most popular holiday destinations and is well known for its unspoiled nature, clean air and clear lakes. However, Austria is also the European leader in the use of hydropower and provides a good breeding ground for innovative ideas in the field of renewable energy.
Bio-based Carbon Materials from Upper AustriaLightweight construction, composite materials and carbon are catchwords people have been increasingly talking about in recent years. A growing number of products are being manufactured from composites such as carbon fiber reinforced plastics (CFRP), or the share of these composites is increasing. Intensive work and research are being carried out on . . .
Blockchain Technologies: Austria’s Contribution in the Global RaceAn international race focusing on the blockchain technology underlying cryptocurrency is currently taking place, not least due to the Bitcoin hype in 2017. Asia and in particular China are a step ahead at present, whereas the USA is somewhat behind. The blockchain industry is still in an embryonic state in large parts of Europe. Find out here why there . . .
Sustainable economy in Austria - Strong business location for the nvironmentAustria not only scores points thanks to its unspoiled nature and beautiful landscapes, from the Alpine panorama to steppe lakes. The country is also a role model when it comes to environmental protection. Whether solar energy, wind power or electromobility, Austria boasts a highly development industry in the field of environmental technology and renewable . . .
Startups in an enterprise environment - how companies can profit from startupsThe age of digital transformation and the approach of Industry 4.0 designed to accelerate the fourth industrial revolution open up opportunities in fields such as artificial intelligence (AI) and the Internet of Things (IoT). The run towards digital business models, the collaboration with startups and the development of new innovation driver models . . .
Austria as a Trailblazer for the Circular EconomyFor years the idea of the circular economy embodies the vision of an economy with controllable resource consumption. Pioneer work was carried out, for example, by the European Union with its “Circular Economy Package”. This creates the foundation for enabling (secondary) raw materials to remain in the economic cycle as long and efficiently as possible. . . .
How can Austria maintain its attractiveness as a headquarters location?Austria has succeeded in luring 850 corporate headquarters thanks to its central geographical location in the heart of Europe, a very high quality of life and high quality standards in education and business. But will this be enough in the medium term?
Europe as a Top Investment Location and Austria’s Central RoleWestern Europe is still considered the most attractive location for investments anywhere in the world, even ahead of China. And its attractiveness is increasing. Europe’s land area is comparably small compared to the USA or China. Nevertheless, it is one of the largest and most prosperous markets. This particularly applies to Austria, whose purchasing . . .
The development of ICT in AustriaOne can hardly imagine daily life nowadays without digital and modern communication. For this reason, it comes as no surprise that the information and communications technology (ICT) sectors serves as a growth driver underlying the local economies of many countries. This also applies to Austria, where the digitalization of the economy and public administration . . .
Ski Tourism as an Attractive Business Driver in AustriaFamous for its culture and unspoiled natural environment, Austria attracts vacationers and tourism companies from all over the world. One major advantage is the central location in the heart of Europe and the related good accessibility.
Where does data live?In the age of digitalization, success depends on one simple question: “Where and how do you process your data?” In our data-driven world, the decisive issue in ensuring that your company remains part of the value chain is how you handle your data. Here you will find out why different types of data require different strategies, and what you can learn . . .
Life Sciences ‚Made in Austria’ – successfully linked research and practiceThere is good news in the field of cancer research. According to Viennese experts, the danger of dying from cancer has declined by 25 percent over the last 25 years. The number of new cases has also dropped by 12 percent since 1995. Austria in particular has been able to score points in this field. In the last Eurocare study, the country was ranked . . .
Startup Hotspot AustriaThe Austrian government expects its Land of Founders strategy to enhance the entrepreneurial spirit and the courage to set up companies. The objective is to transform Austria into the most founder-friendly country in Europe. The initiatives have already borne fruit. The startup scene in Austria has been experiencing a strong boom over years now.
Austria is the European Champion for Public TransportationAustrians love to take public transportation. No other European country can match the kilometers travelled by Austrians on trains, buses and street cars in proportion to the number of inhabitants. This is made possible primarily by the highly developed, modern and efficient transport infrastructure. But companies also make an important contribution . . .
Employer Branding: World’s most livable city attracts high potentialsDue to the country’s excellent education system, companies located in Austria can profit from highly-skilled employees, who in turn appreciate the unrivaled quality of life which the location can offer.
Austria, the East-West HubAn international flair, cosmopolitan population, a wide range of cultures and languages living close to each other.
Austria: Business Location for Savvy Corporate MindsAustria’s central location combined with an excellent infrastructure enabling all of Europe to be reached within three hours flight time has always lured companies. However, Austria has a lot more to offer the international business community than these advantages.
From Mixed Reality to Smart Factory – Austria Shapes the Digital Future of WorkNew types of technologies are revolutionizing everyday work in the industrial sector. Methods and processes of industrial production in the future are being re-modelled in digital pilot factories. Austria has long been one of the most important providers of impetus in this dawning industrial age.
Self-Driving Cars: Travelling Towards the LawSelf-driving cars react in a split second: quicker than even the most attentive driver. Self-driving cars don’t get tired, they don’t lose concentration or become aggressive.
Austria’s economic performance benefits the well-being of the populationWhen companies plan to open a subsidiary abroad, a decisive role is played by hard criteria such as the tax burden, market opportunities, location and logistics, (research) infrastructure and the pool of well educated, specialized employees. But there are other factors which are highly relevant for long-term corporate success and are also taken into . . .
The quiet automobile (r)evolution “Made in Austria”Austria is an automotive stronghold. This may sound somewhat strange for some people. Doesn’t one always speak about Germany being an automotive powerhouse? This is true. However, Austria is not only an important production location but also a significant driver of innovation in the sector when it comes to research and development. This becomes particularly . . .
Headquarters Cluster: New Impetus from DigitalizationSome 380 regional corporate headquarters are based in Austria. This is complemented by hundreds of Austrian companies which have emerged as global headquarters within the context of their internationalization. As a result, the Vienna metropolitan area ranks among the leading headquarters locations in Europe.
Autonomous Driving: Pole Position for AustriaI am a passionate driver, and always have been. As a young person I could hardly wait to finally get my driving license. At the same time, the technology buff in me is looking with great excitement at the revolution currently taking place in the automobile industry. In which direction is this transformation taking the automotive sector? How is our understanding . . .
Germany + Austria: Two key components for economic successGerman companies and an Austrian business environment. This equation has been extremely successful for years. It is not without reason that our northern neighbor is traditionally the most important investor nation in Austria. There are numerous reasons for this phenomenon, as confirmed by a survey carried out by ABA of executives working at German companies. . . .
ChatbotsThey have been the talk of the tech scene for a while now. But not only the tech scene is gushing about them. Corporates are adopting the technology as a new way of interacting with customers or their employees, too. From the beginning, Vienna has been one of the top chatbot hubs in the world.
Time to recap.