Failure of Austria's Software Industry

People ♦ Published: December 6, 2010; 00:01 ♦ (Vindobona)

The President of the VÖSI, Peter Kotauczek, draws a sobering summary of the efforts of domestic software manufacturers.

Failure of Austria's Software Industry / Picture: © Vindobona.org

For Peter Kotauczek, Chairman of the Beko Holding and President of VÖSI (Verband Österreichischer Software Industrie, Association of Austrian Software Industry), the industry has no international chances. The dream of Austrian telecommunications or software companies the size of Microsoft, SAP or Nokia has disappeared long ago, Kotauczek admits openly: "We have all…