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Innovation & Industry
News

Is Austria Leading the Global Digital Transformation in ICT and Telecommunications?

News RoomNews RoomOctober 26, 2023No Comments3 Mins Read

Key Takeaways:

  • Kapsch Group, an Austrian startup, is at the forefront of experimenting with digital transformation in ICT and Telecommunications.
  • With around 7,200 employees worldwide and a consistent annual investment in R&D, it is creating innovative products and solutions for mobility and communication fields.
  • It aims to lead globally in terms of quality and innovation and is partnering with scientific institutions and making strategic acquisitions to fortify its know-how.
  • The company is making a significant contribution towards a sustainable future in public and private transportation.

In the sweeping tide of digital transformation, Austria has emerged as a leader, specifically in the Information and Communications Technology (ICT) and Telecommunications sectors. The start-up driving this change at the helm is none other than Kapsch Group. Headquartered in Vienna and founded in 1892, Kapsch Group has evolved over the years to become a globally operating technology group with around 7,200 employees.

Consisting of four key entities – Kapsch BusinessCom, Kapsch CarrierCom, Kapsch PublicTransportCom, and Kapsch TrafficCom – Kapsch Group is primarily focused on meeting peoples’ requirements in the fields of communication and mobility. With its innovative products and solutions, it is making major strides towards creating a sustainable future for both public and private transportation.

What sets Kapsch Group apart from other startups in the industry is not only its historical legacy dating back to 1892, but also its commitment to quality, innovation, and sustainability. These three pillars define the company’s strategy as it continues to create and develop cutting-edge solutions. By investing about ten percent of its total revenue in research and development annually, Kapsch Group ensures that it remains at the forefront of technological advancements.

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Furthermore, Kapsch Group is continuously working towards turning new technologies into viable commercial products. This innovative drive is backed by collaborations with scientific institutions and strategic acquisitions, both of which work in tandem to provide Kapsch Group with the necessary knowledge and resources to continue its trajectory of growth and innovation.

Looking ahead, Kapsch Group appears poised to secure its place as a global leader in the ICT and Telecommunications sector. While the future invariably holds challenges, Kapsch Group’s commitment to quality, innovation and sustainable growth, strongly indicate that it is well-equipped to overcome these hurdles and continue to lead the way in digital transformation.

The future indeed looks promising for Kapsch Group and the wider ICT and Telecommunication industry in Austria. As global business landscapes continue to evolve and become increasingly digitised, Kapsch Group’s pioneering work to facilitate seamless communication and mobility is set to take center stage.

Stay updated on Kapsch Group’s exciting journey by visiting their website here or follow them on Twitter, Facebook and LinkedIn.


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