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 . . .
Austria’s ICT Sector is Advancing FastOne 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.
Vienna Ranked Number One for the Ninth Straight Year: A Success Story “Made in Austria”, Not a Coincidence“Vienna, Vienna, Only You and You Alone” (Wien, Wien, nur Du allein...): this classic song still applies today, or even more than ever before. No other metropolis in the world has such a profound appeal as Austria’s capital city. This particularly goes for international companies and their employees. The consulting company Mercer Vienna rated . . .
Cyber security is a Hype – Justifiably So?Digitalization makes it essential to conduct research into new methods and develop new technologies as protection against cyberattacks. Several fundamental measures are justified more than ever before.
Carinthia: An El Dorado for Researchers and Developers in the South of AustriaCarinthia, the southernmost federal province of Austria, located in the border triangle of Italy, Slovenia and Austria, is not only a convincing location due to its fantastic natural landscape but also due to its first-class technological competence. Internationally operating flagship competencies shape future developments, above all in the fields of . . .
Carnival in AustriaWitches, demons and other spooky creatures populate the streets of Austria up until Ash Wednesday. However, nobody has to be afraid. This period of year is mainly colorful, funny and sometimes a bit crazy.
Fertile EcosystemHave my colleagues recently discovered their love for Mozart and apple strudel? Or what other reason could there be for international and domestic pharmaceutical companies investing EUR 800 million in Austria in 2017 alone?
Vienna: 360° Support for Life SciencesAre you considering setting up a company in Vienna in order to develop an innovative drug or medical product? Do you have plans to revolutionize biotechnological methods used in other industries? If so, Vienna is just the right place for you! The business location offers everything you need to successfully put your business idea into practice.
Open Innovation: How Austrian Companies Develop Ingenious IdeasIt may sound paradoxical, but innovation designed to safeguard competitiveness has long abandoned the former approach of taking place in a hidden chamber while maintaining strict confidentiality. Instead, innovation now arises by experimenting beyond the confines of the company. Austria provides support here.
Data protection could be expensive as of May 2018 – What startups have to keep in mind!The EU General Data Protection Regulation (GDPR) will take effect in May of next year. However, only a very few people know what impact these rules will have on your company and its way of operating with respect to handling personal data.
Highly popular: Austrian startup scene improves connections to Asian hotspotsWhat do Israel, Japan, Singapore, Hong Kong and South Korea have in common? They belong to the target countries of the Global Incubator Networks (GIN). Over the last two years GIN has been promoting investments in and from these hotspots – as a one-stop-shop for investors, startups and incubators.
Styria as a Visionary and Pioneer in the Field of Life Sciences
The catchword is cooperation when it comes to considering the strength and attractiveness of Styria in the field of “human technology”. The synergetic collaboration of the scientific and business communities serves as the basis for innovations along the entire value chain.