Published 7. June 2024

Swiss Economic Forum 2024: When the Going Gets Tough, the Tough Get Going

When the Going Gets Tough, the Tough Get Going

Phoenix Technologies had the honor of participating in the 2024 Swiss Economic Forum (SEF), one of Switzerland's most prestigious business events. The SEF, known for gathering top leaders and innovators, serves as a critical platform for discussing the challenges and opportunities facing the global economy. This year's motto, "When the going gets tough, the tough get going," perfectly encapsulated the resilience and adaptability needed in today’s rapidly evolving digital landscape.

Swiss Economic Forum 2024: When the Going Gets Tough, the Tough Get Going

A United Front with IBM Switzerland

Together with IBM Switzerland, Phoenix Technologies took center stage to highlight the growing importance of sovereign AI in the context of digital sovereignty. As a company deeply committed to innovation and security, our primary focus at SEF 2024 was to raise awareness about the necessity of maintaining control over digital infrastructures and data in an increasingly interconnected world.

The Importance of Digital Sovereignty

In today's digital age, digital sovereignty is more than just a buzzword; it's a fundamental principle that ensures nations, businesses, and individuals retain control over their data, technologies, and digital infrastructures. For Phoenix Technologies, this means developing and deploying AI solutions that are not only powerful and innovative but also aligned with the values of transparency, security, and independence.

Digital sovereignty matters because it:

  • Protects National Interests: Ensuring that critical data and digital infrastructure remain under local control is vital for national security and economic stability.
  • Fosters Innovation: By retaining control over technology, countries can drive innovation that reflects their unique cultural, social, and economic priorities.
  • Ensures Data Privacy: Sovereign AI ensures that data is stored, processed, and managed within legal jurisdictions, providing better protection against external threats and unauthorized access.

Moving Forward with Purpose

As challenges in the global landscape continue to mount, Phoenix Technologies remains steadfast in our commitment to providing solutions that uphold the principles of digital sovereignty. Our presence at SEF 2024, alongside IBM Switzerland, was a testament to our shared vision of a future where AI and digital technologies empower nations and businesses without compromising their autonomy.

In these challenging times, we believe that "when the going gets tough, the tough get going." Phoenix Technologies is ready to lead the charge, pushing the boundaries of what’s possible with sovereign AI, and ensuring that our clients and partners are equipped to navigate the complexities of the digital world with confidence.

"As Switzerland, we are in an ideal position to consolidate and expand our economic position. We look forward to building on the exciting discussions and taking forward the innovative ideas that were shared during the event"

Thomas Taroni, Executive Chairman, Phoenix Technologies

Thomas Taroni

Executive Chairman, Phoenix Technologies