» Digital economy
search

Luxembourg’s strategy for data-driven innovation is aimed at making the country the most trusted data economy in Europe. The strategy has three focus areas:

  • Continuing the investments in the country’s top-notch digital infrastructure
  • Supporting businesses in the adoption of innovative digital technologies
  • Creating a favourable legal and financial environment

The strategy targets in particular six sectors: Industry 4.0, ecotechnologies, health technologies, logistics, space and financial services. Information and communication technologies (ICT) are at the very centre. The country offers a number of advantages to companies interested in using it as a base for developing and launching digital products and services for the European market.

Multi-sector digital economy support

Luxembourg is home to a dense network of organisations willing and open to helping companies fine-tune their products and services in fields ranging from fulfilling cybersecurity requirements to optimising artificial intelligence algorithms. They include several public research organisations, such as the ICT-oriented Interdisciplinary Centre for Security, Reliability and Trust (SnT) and the bioinformatics specialist Luxembourg Centre for Systems Biomedicine (LCSB), which both are part of the University of Luxembourg, the IT for Innovative Services department of the Luxembourg Institute of Science and Technology (LIST) and the Luxembourg Institute of Health (LIH).

Other key partners include the Luxembourg Digital Innovation Hub that supports companies’ digital transformation, cybersecurity online source SECURITYMADEIN.LU, LuxProvide that manages Luxembourg’s business-oriented high performance computer, the European Space Resources Innovation Centre (ESRIC) and the GovTech Lab, which aims at stimulating the digital transformation of the public sector. Together, they help companies find the right partners to work with and the right projects to develop their business.

Dynamic start-up ecosystem

Luxembourg’s start-up ecosystem has really taken off over the past ten years and is now made up of a wide range of players. Young local and international companies can count on institutional start-up support organisations, incubators and accelerators run by companies or public-private partnerships, networking initiatives, high-profile start-up events and dedicated start-up programmes, including the well-known coaching and funding programme Fit 4 Start.

Legal framework for the digital economy

Whereas in many jurisdictions innovation tends to be slowed down by legislation that is not adapted to the data economy, the Luxembourg government is able to understand technology and put in place laws that drive innovation. One example is the law on data reversibility, which guarantees access to data in case of bankruptcy of cloud service providers. Luxembourg is fast to implement EU legislation, so companies that fulfil the requirements here can be confident that their offering is compliant in other European countries.

Luxembourg is now exploring the idea to create a national data exchange and interoperability platform, which would ensure that data from various producers would be usable, interoperable, accessible, reliable and GDPR compliant for data consumers.

Know-how in digital transformation and ICT expertise

Luxembourg is successful in attracting ICT talent: according to EUROSTAT, the country has the third highest density of ICT experts in the EU. It ranks 2nd in the world for its ability to attract and retain talent (World Talent Ranking) and has the highest share of high-skilled workers in the world (Statista, 2015). The international mindset, stable economy and high quality of life also contribute to the continuous growth of Luxembourg’s multilingual and multicultural workforce.

State-of-the-art infrastructure

The digital sector in Luxembourg can count on the country’s outstanding digital infrastructure. It notably includes smart, redundant electricity grids, the highest density of Tier IV certified datacentres in the world and the best connectivity in Europe.

Dig deeper

Stay up to date

Latest news

Previsionz expands to Luxembourg

23-09-2022

German-born Previsionz is one of the recent additions to Luxembourg’s data ecosystem. Supported by Luxinnovation, the data analytics company has chosen Luxembourg as its springboard for international growth.
Read more

Fit 4 Start: Keys to success for international applicants

31-08-2022

The 13th call for applications for Fit 4 Start is open until 19 September 2022. We spoke to programme manager Sven Baltes at Luxinnovation about what the start-up accelerator can offer international start-ups and the keys to preparing successful applications and pitches.
Read more

Luxembourg has 2nd highest high-speed internet coverage in the EU

24-08-2022

The EU is steadily progressing towards its ambition to achieve gigabit connectivity in all EU households and 5G coverage for all populated areas in 2030. Luxembourg currently has the second highest high-speed internet coverage among the EU member states.
Read more

Launch of the 13th edition of Fit 4 Start start-up acceleration programme to address innovative, tech- and data-driven ventures

23-08-2022

The 13th edition of Fit 4 Start has officially been launched. The flagship start-up acceleration programme, initiated by the Ministry of the Economy and managed by Luxinnovation targets innovative, tech- and data-driven ventures.
Read more

Resources all news

Meet us

Upcoming events

20 Sep > 06 Oct 2022

DIH ON TOUR IS BACK !

Hosingen, Lentzweiler, Wiltz, Fridhaff, Steinsel, Potaschberg, Contern, Pétange, Dudelange - Presential

After the success and the positive feedback from our 1st edition “DIH ON TOUR” in 2021 we will be on the road again between 20th September and the 6th October 2022. Read more

03 October 2022

UAE – Luxembourg Tech Startup Opportunities

Webinar

An initiative of Luxinnovation and Masdar City, in close coordination with the Luxembourg Embassy and the Luxembourg Trade & Investment office in Abu Dhabi Read more

14 October 2022

L-DIH Talks I Episode 6: What can IoT really bring to the industrial process?

Webinar

The Internet of Things has created opportunities for businesses to innovate towards digital services or products boosting their customer satisfaction and market success. Sounds like a hackneyed buzz without substance to you? Interested to learn from those who succeeded? Read more

All events

Subscribe to our monthly newsletter Crossroads

Stay in the know: Latest business news and opportunities in Luxembourg

Other business sectors

Manufacturing
Skilled Crafts
Finance
Wood
Logistics
Maritime
Health Technologies
Creative Industries
Smart mobility
Space
Cleantech
Luxembourg start-up ecosystem

Manufacturing

Composites, multifunctional materials and highly customised production technologies are at the heart of Luxembourg’s manufacturing sector.

See all business sectors

Skilled Crafts

Supporting innovation in SMEs is a main objective of the government's economic diversification policy.

See all business sectors

Finance

Long established as a world leader in the twin sectors of fund administration and private banking, Luxembourg is the eurozone's leading financial centre and # 12 in the world. It is the second largest for investment funds globally thanks to its pre-eminent role in the European market and as service provider in Asia, the Middle East and South America.

See all business sectors

Wood

Being a typical model for circular economy, the 'wood' sector is a source of varied economic activities in Luxembourg with great development potential.

See all business sectors

Logistics

Located in the heart of Europe, Luxembourg provides global companies with many strategic advantages for conducting their business successfully in, from and to Europe.

See all business sectors

Maritime

Thanks to a strong political will to diversify the economy and an overall favourable business climate, Luxembourg has become, over the years, an attractive location for shipping businesses.

See all business sectors

Health Technologies

Luxembourg is home to an expanding health technologies sector and attracts start-ups from across the globe. Digital solutions is a frequent common denominator, and healthtech companies benefit from the country’s excellent digital infrastructure and know-how.

See all business sectors

Creative Industries

Luxembourg has almost 2,200 companies active in the creative industries, employing more than 6,300 people.

See all business sectors

Smart mobility

Mobility innovation combining multiple means of transportation is high on the agenda in Luxembourg. Join the country’s mobility ecosystem to test, validate and demonstrate your smart mobility solutions and make sure that you are ready for the successful deployment of your offering in Europe.

See all business sectors

Space

In just three decades, the Luxembourg space sector has grown from nothing into probably the most dynamic in Europe. With the SpaceResources.lu initiative, the country has established itself as a European hub for commercial space activities.

See all business sectors

Cleantech

Promoting clean technologies and the transition towards a circular economy is a priority in Luxembourg. The country offers an attractive economic environment for entrepreneurs who are looking to create value whilst reducing pollution, waste and energy consumption.

See all business sectors

Luxembourg start-up ecosystem

Are you looking for a gateway to the European market, a testbed for a new service/product or a strong industrial/academic partner? Luxembourg is the perfect place to start or scale your entrepreneurial adventure.

See all business sectors
Fermer