How can Europe protect its innovative tech companies from sellout and relocation?
It is not unusual for highly talented people who have been trained in Europe to relocate overseas. Their reasons are understandable, since America and South East Asia are offering more attractive conditions for start-ups.
The United States is in particular making higher investments in providing risk capital than Europe does: While European venture capital funds have an average capital of 56 million euros, their American counterparts’ capital amounts to 156 million euros on average, which is almost three times higher. Quite logically, 82 percent of all acquisitions carried out since 2012 were made by US companies while only 18 percent were made by European businesses.
It would be wrong to underestimate the negative effects of this sellout of European top technology on the competitiveness of Europe as a business location.
At the TechSalon, the participation strategy adopted with two IT start-up companies will be used as an example to illustrate the strategy Europe should pursue in making active use of its potential for innovation.
Michael Zettel has been Country Managing Director of Accenture Austria since June 2016. In this function he is responsible for the further development of sustainable market strategies and the expansion of business activities in Austria. He started his Accenture career more than 15 years ago and established the Health & Public Services in Austria. In 2009 Michael Zettel joined the Austria Wirtschaftsservice (aws). As CEO of Camadeus Film Technologies he lived and worked in Los Angeles for one and a half years. He has been Managing Director of the Health & Public Services division at Accenture Austria since 2011 and is responsible for trend-setting IT and transformation projects in the public sector and healthcare sector. Michael studied Business Informatics at the Vienna University of Technology and at Leeds University in England.
Matthias Kraus has been focusing on structured content on the basis of XML since 2001. As founder of Xpublisher GmbH, he and his team have developed the XML editorial system Xpublisher. Xpublisher is helping many organisations to standardise and structure their content for highly automated, fast and error-free multi-channel publishing. In 2012, Xeditor was launched. Xeditor is a web-based, intuitive XML editor that has been designed to create, edit and check intelligently structured documents in XML format without the need of any technical know-how.
Daniel Fallmann founded Mindbreeze in 2005 and as its CEO he is a living example of high quality and innovation standards. From the company’s very beginning, Fallmann, together with his team, laid the foundation for the highly scalable and intelligent Mindbreeze InSpire appliance. His passion for enterprise search and machine learning in a big data environment fascinated not only the Mindbreeze employees but also their customers.
30 years ago, Helmut Fallmann founded the software group Fabasoft together with Leopold Bauernfeind. Today he is a member of the Managing Board of Fabasoft AG. Fabasoft has developed into a leading European software manufacturer and Cloud provider headquartered in Linz, Austria. The visionary and committed European Helmut Fallmann is particularly dedicated to Europe as a business location. The entrepreneur is convinced that the potential of the European IT business to create added value needs to be used to a much greater extent within the framework of the digital Single Market. Helmut Fallmann is actively involved in the joint establishment of a “Code of Conduct” for European Cloud providers within the Cloud Select Industry Group.
Economic journalist Martin Szelgrad has been working is the editor-in-chief of the specialist magazines "Telekom & IT Report" and "Energie Report". In addition to working on numerous other magazines and books, he has been managing the editorship of the "eAward" award since 2005. He is an experienced moderator of panel discussions and business events.
Moderator: Martin Szelgrad, Editor-in-Chief at Report Verlag
|5.00 pm||Doors open|
|5.30 pm||"Which digital companies should remain in Europe"
Keynote by Michael Zettel, Country Managing Director Accenture Austria
|followed by||Panel discussion with Q&A
get-together and networking
|approx. 8.45||End of event|
Please note: the event will be held in German!
In cooperation with: