Home to a world-leading financial centre for several decades, Luxembourg has today an excellent infrastructure for data storage and handling. The country hosts 23 data centres, including 9 with Tier IV certification – the highest concentration of Tier IV data centres in Europe. The data centres are powered by low-cost, eco-friendly energy from a highly reliable power grid.
Luxembourg also offers exceptional connectivity secured by very fast, ultra-low-latency connections and a nation-wide coverage of ultra-high-speed broadband. 28 international fibre routes connect Luxembourg to main European and international hubs, and Luxembourg ranks 3rd in the EU for connectivity (2020 Digital Economy and Society Index). The Luxembourg Commercial Internet Exchange (LU-CIX) provides carriers with an access to high-capacity lines without congestion and has recently been upgraded with DDOS capacity.
On top of this, Luxembourg has the most reliable electricity grid in Europe with smart meters available on a country-wide scale allowing for better control of supply and demand. The redundant and mostly underground power grid is interconnected with Germany and Belgium. The country also has the lowest energy prices in Western Europe.
Cybersecurity is a cornerstone of Luxembourg’s data economy. Multiple players with complementary skills form a mature ecosystem able to provide companies with hands-on tools to help them increase their level of cybersecurity. Luxembourg is home to one of the world’s largest data lakes for space data analytics, and Estonia opened the world’s first digital embassy here in 2018 to store valuable, sensitive government information.