To demonstrate the resilience of its economy and get back on track after the pandemic, Luxembourg is making the digital transition its main focus for recovery. A strategy in tune with the times, but above all focused on the future. Behind the traditional spearheads of innovation in the Nordic countries - Sweden, followed by Finland and Denmark - Luxembourg is one of the leading countries in terms of innovation. innovative countries in the European Union. According to the latest edition of the European Innovation Scoreboard, published annually by the European Commission, the country ranks seventh, just behind Germany but ahead of France, and on a par with its neighbours Belgium and the Netherlands.
However, the country has not waited for innovation and digital technology to become crucial issues before laying the foundations for its future. The country began this shift at the end of the 90s. by focusing on knowledge and research. This ambition was realised in 2003 with the creation of the University of Luxembourg, which has since been regularly ranked as one of the best young universities in the world by the leading journal Times Higher Education.
The results are in. According to the latest edition of the European Innovation Scoreboard, Luxembourg now excels in a number of areas as well as the quality of its human resources, with a host of doctoral students and an abundance of scientific publications. But more than that, the country ranks first among the 27 members of the Union for the attractiveness of its research systems with, in particular, three specialist centres: two focusing on biomedical research and life sciences, and another on autonomous vehicles, space systems and the Internet of Things. This R&D spirit is supported by the government through a National Research Fund, but is just as evident in the private sector.
Here again, Luxembourg's position in research and development is nothing new. Not to mention the flagships of its economy, the former Arbed, now ArcelorMittal, and the telecommunications company SES, now the world's largest satellite operator, the country has been home to the following since 1949 Goodyear's only R&D centre outside the United StatesToday, the focus is on high-tech tyres. This leader in the tyre industry has brought in its wake other major players and inventive companies, such as plastics giant DuPont de Nemours and automotive supplier Delphi, which is working in Luxembourg on next-generation fuel injection, as well as Husky, an SME based in Dudelange specialising in injection moulding and which has a project for the factory of the future.
It's no coincidence that these companies have chosen Luxembourg as their base of operations for the future. an infrastructure to support their digital transformation. While the country is planning to introduce ultra-secure communications solutions, it is also ranked third in Europe for the provision of digital public services to businesses. In addition, Luxembourg boasts a near-complete coverage for fast fixed broadband networks and fibre optic coverage of 72.1 %. As a result, the country's digitalisation is already at an advanced stage, with 65 % of people aged between 16 and 74 having basic digital skills, compared with an EU average of 56 %.
Organising a corporate event in Luxembourgso you can be sure of getting up close and personal with a multitude of players heavily involved in the economy of tomorrow. Business Events Luxembourg's experienced and professional team will bring together players from a wide range of sectors to ensure that your event has the impact it deserves.
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