The success of Swiss tech companies
Switzerland tech companies hardly have any distinctive features in the standard software sector – except for a few exceptions in market niches created by a limited domestic market. The situation in the service sector is different. Swiss tech company of banking software developed according to specific customer needs to play a leading role worldwide. This success was made possible due to the country’s strong international position in the financial sector and its need for reliable software solutions. The software and Internet projects run by major Swiss banks are classified as world-class in terms of security.
The example of banks clearly shows that a high-tech center can thrive against the backdrop of leading corporations belonging to another sector that capitalizes on existing capabilities and provides additional support. Another example is the pharmaceutical industry, the main consumer of microtechnology products for:
- Diagnostics;
- research of active reagents.
Both sectors take the lead and ensure that, in this context, Switzerland has excellent cards in the international game. Considering the above, it becomes clear why, in the fall of 2015, the Financial Times, citing official data from the Organization for Economic Co-operation and Development, named Switzerland the country with the best prospects for global success in knowledge-intensive industries.
