In order to stay connected internationally, you have to be innovative. Loud Innovation indicator 2024 by Roland Berger includes Austria the top 10 most innovative economies in the world. Just that one Handel has always been one of the most innovative industries. For example, the last quick survey by the trade association showed that Innovation is very important for 70% of retailers for a successful future for your own company.
Generative AI could increase Austrian GDP by 8%
According to a recent Google AI study Generative AI could increase Austria’s annual gross domestic product in ten years increase by up to 40 billion euros – that corresponds to one GDP growth of 8%. A third of Austrian companies expect an increase in productivity through the use of GenAI, and around half of the companies plan to invest more in AI in the next five years.
“More 37% of Austrian retailers are already using AI tools widely. Disruptive technologies such as Generative AI are critical to increasing efficiency, productivity and resilience in retail, fending off cyberattacks and developing customer-centric services that improve the shopping experience. Forward-looking companies can use this to improve their competitiveness.”confirmed Rainer Willmanaging director of the free, non-partisan trade association.
BMI & HV security summit on January 23, 2025: Artificial intelligence and deep fakes in focus
Digitalization and the triumph of social media have this Purchasing behavior changed sustainably. In 2024, eCommerce sales in Austria climbed by 5% – but that is also growing in step Risk of cybercrime, deep fakes and online fraud. In the police complaint statistics Cybercrime has been the fastest growing area for years. The number of Deepfakes has even increased in Austria this year, according to a study by KPMG doubled.
How can business, trade and politics react to this? The leaders are discussing this Security experts from all over Europe as well as more than 200 top-class guests at tomorrow’s Security Summit 2025 by the trade association, the Ministry of the Interior and the Federal Criminal Police Office from 5:00 p.m. in the Albert Hall in Vienna. The motto: Security costs money. No security costs even more money. More on this HERE
It is also from the point of view of police It is essential to pay special attention to the security factor in online trading. In addition to repression and the prosecution of perpetrators, the police are also increasingly pushing the preventive aspect. With the program ‘Together.Secure in trade’ have that Federal Criminal Police Office and the Trade Association A common platform has been created that enables domestic retailers to always take security aspects into account when establishing their digital branch through to ongoing operations.
More about it here: https://www.handelsverband.at/circles/sicherheit-im-handel/
Trade association presents dossier on AI & cybersecurity
Why is Security so important for trade? Quite simply: Because Consumer psychology is! When we feel safe when shopping, our trust, customer satisfaction and ultimately sales automatically increase. How retailers can use innovative tools in the best possible way, what legal requirements are imposed by the Cyber Resilience Act der EU approach the industry, how smart cyber defense works and why AI the key to a better customer experience is – all these questions are answered in the brand new Trade association dossier “AI & cybersecurity in retail” answered. More on this HERE
Trade association calls for nationwide technology and innovation offensive
“With initiatives like this Security summitours KI-Dossier as well as the HV-Plattform ‚AI for Retail’ We actively promote the innovative spirit of the industry – through targeted support of pilot projects, the expansion of technical skills and the transfer of know-how within the retail sector. This is the only way we can fully exploit the enormous potential of AI and innovations.”is a trade spokesperson Rainer Will convinced.
Security Summit 2025
Datum: January 23, 2025, 5:00 p.m. – January 23, 2025, 9:00 p.m
Art: Conferences and meetings
Ort: Albert Hall Vienna
Albertgasse 35
1080 Wien
URL: https://www.sicherheitsgipfel.at