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Tag: startups

Vienna IoT startup ToolSense wins STIHL as partner

The traditional German company STIHL is one of the world’s leading manufacturers of chainsaws and motor units. The company was founded by Andreas Stihl about 90 years ago, who developed his first power saw in 1926. From one-man operation, STIHL has made a notable development into the world’s best-selling chainsaw…

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Startups: Founders received 2018 record sums

The start-up location Germany is thriving: young companies from the fields of e-commerce, software and analytics, FinTech, mobility and health in particular were able to record high investment amounts again in 2018. Berlin is ahead in a comparison of countries, followed by North Rhine-Westphalia in fourth place. In order to…

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Is Bolivia having an economic miracle because of startups?

The Bolivian economy will grow 4.2% in 2019, so it remains one of the fastest growing economies in Latin America due to an accommodative fiscal policy, solid wages and credit growth, according to the Las Américas study. : An uneven recovery of the International Monetary Fund (IMF). Entrepreneurs consulted by…

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German companies are investing in new startups

Last year, Daimler, BMW and Volkswagen invested millions in digital companies, as a study shows. That harbors dangers, industry observers warn. The German automobile manufacturers (OEMs) and suppliers strongly rely on digitization and new business models – and buy new company shares instead of building up digital know-how in-house. This…

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